Commerce Bancshares (CBSH) Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Commerce Bancshares in the last twelve months. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CBSH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CBSH, but not buy additional shares or sell existing shares.
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4 brokers have issued 1 year target prices for Commerce Bancshares' stock. Their CBSH share price forecasts range from $49.00 to $74.00. On average, they anticipate the company's share price to reach $61.00 in the next year. This suggests a possible upside of 26.6% from the stock's current price.
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Commerce Bancshares' stock was trading at $68.07 on January 1st, 2023. Since then, CBSH shares have decreased by 29.2% and is now trading at $48.19.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our CBSH earnings forecast.

Commerce Bancshares, Inc. (NASDAQ:CBSH) released its quarterly earnings data on Wednesday, July, 19th. The financial services provider reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.08. The financial services provider earned $397.10 million during the quarter, compared to analyst estimates of $391.15 million. Commerce Bancshares had a net margin of 28.39% and a trailing twelve-month return on equity of 19.64%. The firm's quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.91 EPS.

Commerce Bancshares announced a quarterly dividend on Friday, July 28th. Stockholders of record on Wednesday, September 6th will be given a dividend of $0.27 per share on Monday, September 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Tuesday, September 5th.
Read our dividend analysis for CBSH.

ETFs with the largest weight of Commerce Bancshares (NASDAQ:CBSH) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Invesco S&P MidCap Low Volatility ETF (XMLV), ProShares Russell US Dividend Growers ETF (TMDV), iShares U.S. Regional Banks ETF (IAT), SPDR S&P Regional Banking ETF (KRE) and SPDR S&P Bank ETF (KBE).

Commerce Bancshares (NASDAQ:CBSH) pays an annual dividend of $1.08 per share and currently has a dividend yield of 2.30%. The company has been increasing its dividend for 55 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 27.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CBSH will have a dividend payout ratio of 32.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CBSH.

99 employees have rated Commerce Bancshares Chief Executive Officer John W Kemper on Glassdoor.com. John W Kemper has an approval rating of 94% among the company's employees. This puts John W Kemper in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Commerce Bancshares investors own include Aflac (AFL), Johnson & Johnson (JNJ), 3M (MMM), Illinois Tool Works (ITW), Medtronic (MDT), PepsiCo (PEP), CVS Health (CVS), Automatic Data Processing (ADP), Cintas (CTAS) and Hormel Foods (HRL).

Commerce Bancshares trades on the NASDAQ under the ticker symbol "CBSH."

Commerce Bancshares' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.59%), Aristotle Capital Management LLC (7.31%), State Street Corp (6.20%), Commerce Bank (5.64%), Lazard Asset Management LLC (3.95%) and Wells Fargo & Company MN (1.65%). Insiders that own company stock include Blackford F Brauer, Charles G Kim, David L Orf, David L Roller, David W Kemper, Derrick Brooks, Douglas D Neff, Jeffrey M Burik, John K Handy, John W Kemper, Jonathan M Kemper, Kevin G Barth, Patricia R Kellerhals, Paul A Steiner, Paula S Petersen, Robert S Holmes, Sara E Foster and Thomas J Noack.
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Shares of CBSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CBSH stock can currently be purchased for approximately $48.19.

Commerce Bancshares (NASDAQ:CBSH) has a market capitalization of $6.01 billion and generates $1.55 billion in revenue each year. The financial services provider earns $488.40 million in net income (profit) each year or $3.9814 on an earnings per share basis.

The company employs 4,598 workers across the globe.

Commerce Bancshares' mailing address is 1000 WALNUT, KANSAS CITY MO, 64106. The official website for the company is www.commercebank.com. The financial services provider can be reached via phone at (816) 234-2000, via email at mymoney@commercebank.com, or via fax at 816-234-2369.