What is Zacks Research's Forecast for CBSH Q2 Earnings?

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Research analysts at Zacks Research raised their Q2 2025 earnings estimates for shares of Commerce Bancshares in a research note issued on Wednesday, May 7th. Zacks Research analyst R. Department now forecasts that the financial services provider will post earnings per share of $0.97 for the quarter, up from their prior forecast of $0.95. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares' Q3 2025 earnings at $0.98 EPS, Q4 2025 earnings at $1.01 EPS, Q1 2026 earnings at $0.98 EPS, Q2 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.04 EPS, FY2026 earnings at $4.03 EPS and FY2027 earnings at $4.48 EPS.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The financial services provider reported $0.98 EPS for the quarter, topping the consensus estimate of $0.93 by $0.05. Commerce Bancshares had a return on equity of 16.31% and a net margin of 25.24%. The firm had revenue of $428.05 million for the quarter, compared to the consensus estimate of $417.85 million.

A number of other research firms have also weighed in on CBSH. StockNews.com lowered Commerce Bancshares from a "hold" rating to a "sell" rating in a research note on Thursday, April 17th. Keefe, Bruyette & Woods dropped their price target on shares of Commerce Bancshares from $74.00 to $70.00 and set a "market perform" rating for the company in a research report on Thursday, April 17th. Wells Fargo & Company decreased their price objective on shares of Commerce Bancshares from $70.00 to $60.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 9th. Morgan Stanley upgraded shares of Commerce Bancshares from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $66.00 to $58.00 in a report on Monday, April 7th. Finally, Piper Sandler raised their target price on Commerce Bancshares from $65.00 to $66.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. According to data from MarketBeat.com, Commerce Bancshares currently has a consensus rating of "Hold" and an average price target of $63.20.

Commerce Bancshares Stock Performance

CBSH traded up $0.13 on Friday, hitting $63.43. 428,248 shares of the company were exchanged, compared to its average volume of 588,746. The firm has a fifty day simple moving average of $60.47 and a two-hundred day simple moving average of $64.32. The stock has a market capitalization of $8.46 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 2.13 and a beta of 0.60. Commerce Bancshares has a 12 month low of $49.97 and a 12 month high of $72.75.

Hedge Funds Weigh In On Commerce Bancshares

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in shares of Commerce Bancshares by 2.0% in the 1st quarter. Vanguard Group Inc. now owns 13,493,741 shares of the financial services provider's stock worth $839,716,000 after buying an additional 268,250 shares during the period. Aristotle Capital Management LLC boosted its stake in Commerce Bancshares by 4.3% during the fourth quarter. Aristotle Capital Management LLC now owns 8,566,476 shares of the financial services provider's stock worth $533,777,000 after acquiring an additional 351,406 shares in the last quarter. American Century Companies Inc. grew its holdings in Commerce Bancshares by 25.5% in the fourth quarter. American Century Companies Inc. now owns 3,675,031 shares of the financial services provider's stock worth $228,991,000 after purchasing an additional 745,661 shares during the period. Geode Capital Management LLC increased its stake in shares of Commerce Bancshares by 3.7% during the fourth quarter. Geode Capital Management LLC now owns 2,484,463 shares of the financial services provider's stock valued at $155,756,000 after purchasing an additional 87,723 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Commerce Bancshares by 11.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,272,118 shares of the financial services provider's stock worth $141,584,000 after purchasing an additional 227,052 shares in the last quarter. Institutional investors own 70.26% of the company's stock.

Insider Transactions at Commerce Bancshares

In other news, Director June Mcallister Fowler sold 1,618 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $60.72, for a total value of $98,244.96. Following the completion of the transaction, the director now owns 3,175 shares in the company, valued at $192,786. This trade represents a 33.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 3.10% of the company's stock.

Commerce Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Friday, June 6th will be issued a $0.275 dividend. The ex-dividend date of this dividend is Friday, June 6th. This represents a $1.10 annualized dividend and a yield of 1.73%. Commerce Bancshares's dividend payout ratio (DPR) is presently 26.63%.

About Commerce Bancshares

Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.