NASDAQ:CBSHCommerce Bancshares Stock Price, Forecast & News

Commerce Bancshares' stock was trading at $53.53 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CBSH stock has increased by 2.6% and is now trading at $54.94. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commerce Bancshares in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Commerce Bancshares.

Commerce Bancshares is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Commerce Bancshares.

Commerce Bancshares, Inc. (NASDAQ:CBSH) released its quarterly earnings data on Tuesday, April, 28th. The financial services provider reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.55 by $0.11. The financial services provider had revenue of $324.70 million for the quarter, compared to analyst estimates of $328.18 million. Commerce Bancshares had a net margin of 26.01% and a return on equity of 12.44%. The company's revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 earnings per share. View Commerce Bancshares' earnings history.

Commerce Bancshares announced a quarterly dividend on Wednesday, April 15th. Investors of record on Friday, June 5th will be given a dividend of $0.27 per share on Monday, June 22nd. This represents a $1.08 annualized dividend and a dividend yield of 1.97%. The ex-dividend date is Thursday, June 4th. View Commerce Bancshares' dividend history.

6 brokerages have issued 1-year price targets for Commerce Bancshares' shares. Their forecasts range from $35.00 to $69.00. On average, they anticipate Commerce Bancshares' share price to reach $55.20 in the next year. This suggests a possible upside of 0.5% from the stock's current price. View analysts' price targets for Commerce Bancshares.

News headlines about CBSH stock have been trending negative this week, InfoTrie reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Commerce Bancshares earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Commerce Bancshares.

Some companies that are related to Commerce Bancshares include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC), Cullen/Frost Bankers (CFR) and TCF Financial (TCF). View all competitors.

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

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 Confluence Investment Management LLC (0.36%), Envestnet Asset Management Inc. (0.07%), Wealth Alliance Advisory Group LLC (0.00%) and Diversified Trust Co (0.00%). Company insiders that own Commerce Bancshares stock include Charles G Kim, Daniel D Callahan, David L Roller, David W Kemper, Douglas D Neff, Jeffrey M Burik, John K Handy, John W Kemper, Jonathan M Kemper, Kevin G Barth, Patricia R Kellerhals, Paula S Petersen and Sara E Foster. View institutional ownership trends for Commerce Bancshares.

CBSH stock was purchased by a variety of institutional investors in the last quarter, including Diversified Trust Co, Envestnet Asset Management Inc., Confluence Investment Management LLC, and Wealth Alliance Advisory Group LLC. View insider buying and selling activity for Commerce Bancshares.

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

One share of CBSH stock can currently be purchased for approximately $54.94.

Commerce Bancshares has a market capitalization of $6.13 billion and generates $1.45 billion in revenue each year. The financial services provider earns $421.23 million in net income (profit) each year or $3.58 on an earnings per share basis. Commerce Bancshares employs 4,835 workers across the globe.

The official website for Commerce Bancshares is www.commercebank.com.

Commerce Bancshares' mailing address is 1000 WALNUT, KANSAS CITY MO, 64106. The financial services provider can be reached via phone at 816-234-2000 or via email at [email protected]