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. 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; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards, as well as provides online banking services.
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Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone816-234-2000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.39 billion
Profitability
Miscellaneous
Employees4,869
Next Earnings Date1/16/2020 (Estimated)
OptionableOptionable
Commerce Bancshares (NASDAQ:CBSH) Frequently Asked Questions
What is Commerce Bancshares' stock symbol?
Commerce Bancshares trades on the NASDAQ under the ticker symbol "CBSH."
How often does Commerce Bancshares pay dividends? What is the dividend yield for Commerce Bancshares?
Commerce Bancshares declared a quarterly dividend on Friday, August 2nd. Investors of record on Friday, September 6th will be paid a dividend of $0.26 per share on Monday, September 23rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, September 5th. View Commerce Bancshares' Dividend History.
How were Commerce Bancshares' earnings last quarter?
Commerce Bancshares, Inc. (NASDAQ:CBSH) issued its quarterly earnings data on Wednesday, October, 16th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.06. The financial services provider had revenue of $336.30 million for the quarter, compared to analysts' expectations of $337.31 million. Commerce Bancshares had a return on equity of 14.52% and a net margin of 29.34%. The company's revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $1.03 EPS. View Commerce Bancshares' Earnings History.
When is Commerce Bancshares' next earnings date?
What price target have analysts set for CBSH?
5 equities research analysts have issued 1-year price targets for Commerce Bancshares' stock. Their predictions range from $55.00 to $65.00. On average, they expect Commerce Bancshares' stock price to reach $60.29 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View Analyst Price Targets for Commerce Bancshares.
What is the consensus analysts' recommendation for Commerce Bancshares?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Commerce Bancshares in the last year. There are currently 2 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Commerce Bancshares.
What are Wall Street analysts saying about Commerce Bancshares stock?
Here are some recent quotes from research analysts about Commerce Bancshares stock:
- 1. Stephens analysts commented, "We reiterate our Equal-Weight rating given the valuation of 2.2x tbv and 15.5x 2020 consensus EPS forecast. KEY POINTS: CPI Add NIM Pressure in 3Q19. Our updated forecast assumes a 3Q19 NIM of 3.43%, which implies a 17 bps LQ decrease. July CPI index reading, we believe it will represent an ~9 bps headwind to 3Q19 NIM. Excluding the impact of TIPS, our Core" NIM forecast assumes an 8 bps LQ decrease in 3Q19 driven by the recent Fed IR cut and challenging YC shape. Capital Return Via ASR Plan. Last week, CBSH announced it entered into an accelerated share repurchase (ASR) agreement of $150 million, in which ~75% of shares to be repurchased will be delivered to CBSH at inception and the remaining shares received (pending adjustments) at the end of the program in December 2019." (8/14/2019)
- 2. According to Zacks Investment Research, "Shares of Commerce Bancshares have marginally underperformed the industry over the past six months. The company has an impressive earnings surprise history. Its earnings have surpassed the Zacks Consensus Estimate in three of the trailing four quarters. While solid loan and deposit balances, higher interest rates, efforts to grow fee income and strong balance sheet position will continue supporting the company's profitability, persistently mounting operating expenses (mainly due to higher compensation costs) are likely to hamper bottom-line growth to some extent. Moreover, the company's exposure to risky loan portfolios remains a major near-term concern as it will likely hamper financials. Though there has been an improvement in the housing sector, any further deterioration in the real estate prices will pose a problem for the company." (6/12/2019)
Has Commerce Bancshares been receiving favorable news coverage?
News coverage about CBSH stock has trended somewhat positive on Sunday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Commerce Bancshares earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage 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 company's share price in the next several days. View News Stories for Commerce Bancshares.
Who are some of Commerce Bancshares' key competitors?
Some companies that are related to Commerce Bancshares include State Street (STT), M&T Bank (MTB), Northern Trust (NTRS), Fifth Third Bancorp (FITB), Deutsche Bank (DB), Citizens Financial Group (CFG), SVB Financial Group (SIVB), Signature Bank (SBNY), East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Popular (BPOP), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Financial Bankshares (FFIN) and IBERIABANK (IBKC).
What other stocks do shareholders of Commerce Bancshares own?
Who are Commerce Bancshares' key executives?
Commerce Bancshares' management team includes the folowing people:
- Mr. David W. Kemper, Exec. Chairman (Age 68)
- Mr. John W. Kemper, Pres, CEO & Director (Age 41)
- Mr. Charles G. Kim, Exec. VP & CFO (Age 58)
- Mr. Kevin Gene Barth, Exec. VP of Commercial Line of Bus. (Age 58)
- Mr. Robert S. Holmes, Exec. VP (Age 55)
Who are Commerce Bancshares' major shareholders?
Commerce Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.35%), Mountain Pacific Investment Advisers Inc. ID (0.31%), Vigilant Capital Management LLC (0.09%), Stephens Inc. AR (0.06%), North Star Investment Management Corp. (0.05%) and Pacer Advisors Inc. (0.03%). Company insiders that own Commerce Bancshares stock include Charles G Kim, Daniel D Callahan, David L Roller, David W Kemper, Douglas D Neff, Jeffery D Aberdeen, Jeffrey M Burik, John K Handy, John W Kemper, Jonathan M Kemper, Kevin G Barth, Michael J Petrie, Patricia R Kellerhals, Paula S Petersen, Sara E Foster and V Raymond Stranghoener. View Institutional Ownership Trends for Commerce Bancshares.
Which major investors are selling Commerce Bancshares stock?
CBSH stock was sold by a variety of institutional investors in the last quarter, including Vigilant Capital Management LLC, State of Alaska Department of Revenue, First Citizens Bank & Trust Co., Pacer Advisors Inc., Crossmark Global Holdings Inc. and Mountain Pacific Investment Advisers Inc. ID. Company insiders that have sold Commerce Bancshares company stock in the last year include Daniel D Callahan, David W Kemper, Douglas D Neff, Jeffrey M Burik, John K Handy, John W Kemper, Kevin G Barth and Patricia R Kellerhals. View Insider Buying and Selling for Commerce Bancshares.
Which major investors are buying Commerce Bancshares stock?
CBSH stock was purchased by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Confluence Investment Management LLC, Reilly Financial Advisors LLC, Clarus Wealth Advisors, Stephens Inc. AR, Meeder Asset Management Inc. and Envestnet Asset Management Inc.. View Insider Buying and Selling for Commerce Bancshares.
How do I buy shares of 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.
What is Commerce Bancshares' stock price today?
One share of CBSH stock can currently be purchased for approximately $62.78.
How big of a company is Commerce Bancshares?
Commerce Bancshares has a market capitalization of $6.89 billion and generates $1.39 billion in revenue each year. The financial services provider earns $433.54 million in net income (profit) each year or $3.78 on an earnings per share basis. Commerce Bancshares employs 4,869 workers across the globe.View Additional Information About Commerce Bancshares.
What is Commerce Bancshares' official website?
How can I contact Commerce Bancshares?
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]
MarketBeat Community Rating for Commerce Bancshares (NASDAQ CBSH)
MarketBeat's community ratings are surveys of what our community members think about Commerce Bancshares and other stocks. Vote "Outperform" if you believe CBSH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CBSH will underperform the S&P 500 over the long term. You may vote once every thirty days.
