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NASDAQ:CBSH

Commerce Bancshares (CBSH) Stock Price, News & Analysis

$58.36
+0.61 (+1.06%)
(As of 10/9/2024 ET)

About Commerce Bancshares Stock (NASDAQ:CBSH)

Key Stats

Today's Range
$57.58
$58.64
50-Day Range
$57.04
$64.71
52-Week Range
$40.91
$65.86
Volume
552,693 shs
Average Volume
521,805 shs
Market Capitalization
$7.52 billion
P/E Ratio
16.28
Dividend Yield
1.85%
Price Target
$59.71
Consensus Rating
Hold

Company Overview

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. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Commerce Bancshares Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
84th Percentile Overall Score

CBSH MarketRank™: 

Commerce Bancshares scored higher than 84% of companies evaluated by MarketBeat, and ranked 251st out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Commerce Bancshares has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Commerce Bancshares has only been the subject of 2 research reports in the past 90 days.

  • Read more about Commerce Bancshares' stock forecast and price target.
  • Earnings Growth

    Earnings for Commerce Bancshares are expected to decrease by -2.03% in the coming year, from $3.95 to $3.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Commerce Bancshares is 16.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.36.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Commerce Bancshares is 16.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.41.

  • Price to Earnings Growth Ratio

    Commerce Bancshares has a PEG Ratio of 9.69. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Commerce Bancshares has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Commerce Bancshares' valuation and earnings.
  • Percentage of Shares Shorted

    1.25% of the outstanding shares of Commerce Bancshares have been sold short.
  • Short Interest Ratio / Days to Cover

    Commerce Bancshares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Commerce Bancshares has recently decreased by 3.01%, indicating that investor sentiment is improving.
  • Dividend Yield

    Commerce Bancshares pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Commerce Bancshares has been increasing its dividend for 56 years.

  • Dividend Coverage

    The dividend payout ratio of Commerce Bancshares is 30.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Commerce Bancshares will have a dividend payout ratio of 27.91% next year. This indicates that Commerce Bancshares will be able to sustain or increase its dividend.

  • Read more about Commerce Bancshares' dividend.
  • Percentage of Shares Shorted

    1.25% of the outstanding shares of Commerce Bancshares have been sold short.
  • Short Interest Ratio / Days to Cover

    Commerce Bancshares has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Commerce Bancshares has recently decreased by 3.01%, indicating that investor sentiment is improving.
  • News Sentiment

    Commerce Bancshares has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for Commerce Bancshares this week, compared to 4 articles on an average week.
  • Search Interest

    3 people have searched for CBSH on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 1 people have added Commerce Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Commerce Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,184,609.00 in company stock.

  • Percentage Held by Insiders

    Only 3.20% of the stock of Commerce Bancshares is held by insiders.

  • Percentage Held by Institutions

    70.26% of the stock of Commerce Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Commerce Bancshares' insider trading history.
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CBSH Stock News Headlines

Commerce Bancshares (NASDAQ:CBSH) Lowered to Sell at StockNews.com
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CBSH Stock Analysis - Frequently Asked Questions

Commerce Bancshares' stock was trading at $53.41 on January 1st, 2024. Since then, CBSH shares have increased by 9.3% and is now trading at $58.36.
View the best growth stocks for 2024 here
.

Commerce Bancshares, Inc. (NASDAQ:CBSH) announced its quarterly earnings data on Thursday, July, 18th. The financial services provider reported $1.07 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.17. The company's revenue was up 4.5% compared to the same quarter last year.

Commerce Bancshares subsidiaries include Capital for Business Inc., CB Acquisition LLC, CBI Equipment Finance Inc., CBI Insurance Company, CBI-Kansas Inc., CFB Partners LLC, CFB Venture Fund I Inc., and others.

Top institutional investors of Commerce Bancshares include CWM LLC (0.10%), Mountain Pacific Investment Advisers LLC (0.03%), Kesler Norman & Wride LLC (0.02%) and Handelsbanken Fonder AB (0.02%). Insiders that own company stock include David W Kemper, Jonathan M Kemper, John W Kemper, Charles G Kim, Robert S Holmes, John K Handy, Benjamin F Rassieur III, Blackford F Brauer, David L Roller, Paula S Petersen, Patricia R Kellerhals, Thomas J Noack, David L Orf, Derrick Brooks, Douglas D Neff and June Mcallister Fowler.
View institutional ownership trends
.

Shares of CBSH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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

Company Calendar

Last Earnings
7/18/2024
Ex-Dividend for 9/23 Dividend
9/05/2024
Dividend Payable
9/23/2024
Today
10/09/2024
Next Earnings (Confirmed)
10/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CBSH
CUSIP
20052510
Employees
4,728
Year Founded
1865

Price Target and Rating

Average Stock Price Target
$59.71
High Stock Price Target
$64.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$477.06 million
Pretax Margin
30.73%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$4.12 per share
Book Value
$22.71 per share

Miscellaneous

Free Float
125,391,000
Market Cap
$7.45 billion
Optionable
Optionable
Beta
0.74

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This page (NASDAQ:CBSH) was last updated on 10/9/2024 by MarketBeat.com Staff
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