Q1 EPS Estimate for Commerce Bancshares Boosted by Analyst

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Equities research analysts at Zacks Research boosted their Q1 2025 EPS estimates for shares of Commerce Bancshares in a research report issued to clients and investors on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings of $0.91 per share for the quarter, up from their prior estimate of $0.89. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares' Q2 2025 earnings at $0.95 EPS, FY2025 earnings at $3.82 EPS, Q1 2026 earnings at $1.03 EPS, Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.01 EPS, FY2026 earnings at $4.08 EPS and FY2027 earnings at $4.42 EPS.

Other equities analysts also recently issued reports about the company. Piper Sandler raised their price target on Commerce Bancshares from $69.00 to $72.00 and gave the stock a "neutral" rating in a research note on Thursday, January 23rd. Raymond James cut Commerce Bancshares from an "outperform" rating to a "market perform" rating in a research report on Thursday, December 19th. Keefe, Bruyette & Woods increased their price target on Commerce Bancshares from $66.00 to $78.00 and gave the company a "market perform" rating in a research note on Wednesday, December 4th. StockNews.com upgraded Commerce Bancshares from a "sell" rating to a "hold" rating in a research report on Monday, January 13th. Finally, Wells Fargo & Company increased their target price on shares of Commerce Bancshares from $67.00 to $70.00 and gave the company an "equal weight" rating in a research note on Wednesday, January 29th. Seven investment analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $67.83.

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Commerce Bancshares Trading Up 1.1 %

CBSH traded up $0.71 during midday trading on Thursday, reaching $64.70. The company's stock had a trading volume of 286,377 shares, compared to its average volume of 509,610. The stock's 50-day moving average is $64.79 and its 200-day moving average is $64.42. The firm has a market capitalization of $8.30 billion, a price-to-earnings ratio of 16.15, a PEG ratio of 2.13 and a beta of 0.80. Commerce Bancshares has a 1 year low of $47.89 and a 1 year high of $72.75.

Commerce Bancshares (NASDAQ:CBSH - Get Free Report) last released its earnings results on Wednesday, January 22nd. The financial services provider reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.06. The company had revenue of $422.10 million during the quarter, compared to the consensus estimate of $417.48 million. Commerce Bancshares had a return on equity of 16.31% and a net margin of 25.24%. Commerce Bancshares's quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.84 EPS.

Commerce Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 7th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 1.70%. This is a positive change from Commerce Bancshares's previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, March 7th. Commerce Bancshares's dividend payout ratio (DPR) is 26.93%.

Insider Buying and Selling at Commerce Bancshares

In other Commerce Bancshares news, SVP Patricia R. Kellerhals sold 500 shares of the stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $68.55, for a total value of $34,275.00. Following the completion of the sale, the senior vice president now owns 22,265 shares in the company, valued at approximately $1,526,265.75. This represents a 2.20 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David L. Orf sold 1,036 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $68.24, for a total value of $70,696.64. Following the transaction, the vice president now owns 22,175 shares in the company, valued at approximately $1,513,222. This represents a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 86,054 shares of company stock valued at $5,771,192. Corporate insiders own 3.20% of the company's stock.

Hedge Funds Weigh In On Commerce Bancshares

Institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new position in shares of Commerce Bancshares during the 3rd quarter worth $566,000. Procyon Advisors LLC acquired a new stake in Commerce Bancshares in the 4th quarter valued at approximately $200,000. Centiva Capital LP purchased a new stake in Commerce Bancshares in the third quarter valued at approximately $581,000. PFW Advisors LLC acquired a new position in Commerce Bancshares during the fourth quarter worth $1,336,000. Finally, Barclays PLC lifted its stake in Commerce Bancshares by 19.4% during the third quarter. Barclays PLC now owns 106,934 shares of the financial services provider's stock worth $6,353,000 after purchasing an additional 17,400 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company's stock.

Commerce Bancshares Company Profile

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.