Commerce Bancshares (CBSH) Stock Price, News & Analysis

Company Overview

Commerce Bancshares, Inc. is a diversified financial services holding company headquartered in Kansas City, Missouri. Through its principal banking subsidiary, Commerce Bank, the company offers a full suite of commercial, retail, and wealth management services. Since its founding in the mid-1930s, Commerce Bancshares has grown from a single-office institution into a regional banking leader, melding community banking traditions with a modern service platform.

The company’s core business activities encompass consumer and business banking, including checking and savings accounts, residential and commercial lending, and deposit services. In addition to traditional banking products, Commerce Bancshares provides treasury and cash management solutions, trade finance, and letters of credit. Its wealth management division delivers trust, fiduciary, investment advisory and brokerage services to individuals, families, and institutions.

Commerce Bancshares operates an extensive branch and ATM network across the Midwest and select Sun Belt markets, including Missouri, Kansas, Illinois, Oklahoma, Colorado and Arizona. It supports clients with online and mobile banking platforms designed for personal and business users, integrating digital payment tools and remote deposit capture. The company’s network serves metropolitan hubs such as Kansas City, St. Louis, Tulsa, Wichita and Phoenix, reflecting its strategic emphasis on high-growth regions.

Over its history, Commerce Bancshares has balanced organic growth with targeted acquisitions to deepen market penetration and broaden its product offering. The company’s leadership team, led by Chairman and Chief Executive Officer David H. Kemper, emphasizes relationship-driven service and prudent risk management. Guided by a culture of community engagement, Commerce Bancshares maintains a commitment to philanthropic initiatives, workforce development and sustainable banking practices.

Key Stats

• Today's Range: $64.29 to $65.32
• 50-Day Range: $60.28 to $65.63
• 52-Week Range: $52.27 to $72.75
• Volume: 364,125 shs
• Average Volume: 614,292 shs
• Market Capitalization: $8.61 billion
• P/E Ratio: 15.62
• Dividend Yield: 1.70%
• Price Target: $65.60
• Consensus Rating: Hold

Commerce Bancshares Stock Analysis - MarketRank™

Commerce Bancshares scored higher than 92% of companies evaluated by MarketBeat, and ranked 454th out of 2,763 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Commerce Bancshares has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Commerce Bancshares has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.09%

Earnings Growth

Earnings for Commerce Bancshares are expected to grow by 6.09% in the coming year, from $3.94 to $4.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Commerce Bancshares is 15.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Commerce Bancshares is 15.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.06.

Price to Earnings Growth Ratio

Commerce Bancshares has a PEG Ratio of 2.83. 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 2.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.22% of the float of Commerce Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Commerce Bancshares has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Commerce Bancshares has recently decreased by 4.65%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Commerce Bancshares pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Commerce Bancshares has been increasing its dividend for 58 years.

Dividend Coverage

The dividend payout ratio of Commerce Bancshares is 26.63%. 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 26.32% next year. This indicates that Commerce Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.40

Percentage of Shares Shorted

2.22% of the float of Commerce Bancshares has been sold short.

Short Interest Ratio / Days to Cover

Commerce Bancshares has a short interest ratio ("days to cover") of 4.7.

Change versus previous month

Short interest in Commerce Bancshares has recently decreased by 4.65%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.15

News Sentiment

Commerce Bancshares has a news sentiment score of 1.15. 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 higher news sentiment than the 0.69 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Commerce Bancshares this week, compared to 8 articles on an average week.

MarketBeat Follows

Only 1 people have added Commerce Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $98,245.00 in company stock.

Percentage Held by Insiders

Only 3.10% 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.

CBSH Stock Analysis - Frequently Asked Questions

How have CBSH shares performed this year?

Commerce Bancshares' stock was trading at $62.31 on January 1st, 2025. Since then, CBSH stock has increased by 3.6% and is now trading at $64.5250.

How were Commerce Bancshares' earnings last quarter?

Commerce Bancshares, Inc. (NASDAQ:CBSH) posted its quarterly earnings results on Wednesday, April, 16th. The financial services provider reported $0.98 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.05. The financial services provider earned $428.05 million during the quarter, compared to the consensus estimate of $417.85 million. Commerce Bancshares had a net margin of 25.95% and a trailing twelve-month return on equity of 16.23%.

Does Commerce Bancshares have any subsidiaries?

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 more.

Who are Commerce Bancshares' major shareholders?

Top institutional shareholders of Commerce Bancshares include Neville Rodie & Shaw Inc.. Insiders that own company stock include David W Kemper, Jonathan M Kemper, John W Kemper, Charles G Kim, Robert S Holmes, Kevin G Barth, John K Handy, Benjamin F Rassieur III, Blackford F Brauer, David L Roller, Paula S Petersen, David L Orf, Thomas J Noack, Patricia R Kellerhals, Derrick Brooks, Douglas D Neff and June Mcallister Fowler.
View institutional ownership trends.

How do I buy shares of Commerce Bancshares?

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.

What other stocks do shareholders of Commerce Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Commerce Bancshares investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), The RMR Group (RMR), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 4/16/2025
• Record date for 6/24 Dividend: 6/06/2025
• Ex-Dividend for 6/24 Dividend: 6/06/2025
• Dividend Payable: 6/24/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - MIDWEST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CBSH
• CIK: 22356
• Web: www.commercebank.com
• Phone: (816) 234-2000
• Fax: 816-234-2369
• Employees: 4,687
• Year Founded: 1865

Price Target and Rating

• Average Stock Price Target: $65.60
• High Stock Price Target: $71.00
• Low Stock Price Target: $60.00
• Potential Upside/Downside: +1.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.13
• Trailing P/E Ratio: 15.62
• Forward P/E Ratio: 16.38
• P/E Growth: 2.83
• Net Income: $526.33 million
• Net Margins: 25.95%
• Pretax Margin: 33.32%
• Return on Equity: 16.23%
• Return on Assets: 1.73%

Debt

• Debt-to-Equity Ratio: 0.01
• Current Ratio: 0.76
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $2.09 billion
• Price / Sales: 4.13
• Cash Flow: $4.56 per share
• Price / Cash Flow: 14.15
• Book Value: $25.99 per share
• Price / Book: 2.48

Miscellaneous

• Outstanding Shares: 133,430,000
• Free Float: 129,292,000
• Market Cap: $8.61 billion
• Optionable: Optionable
• Beta: 0.59