Commerce Bancshares (CBSH) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $59.65 to $60.56
• 50-Day Range: $59.28 to $65.08
• 52-Week Range: $40.91 to $65.86
• Volume: 463,948 shs
• Average Volume: 517,279 shs
• Market Capitalization: $7.71 billion
• P/E Ratio: 16.69
• Dividend Yield: 1.81%
• Price Target: $60.00
• Consensus Rating: Hold

Commerce Bancshares Stock Analysis - MarketRank™

Commerce Bancshares scored higher than 87% of companies evaluated by MarketBeat, and ranked 209th out of 966 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: 1.1 / 5
• Analyst Rating: Hold

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 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -1.77%

Earnings Growth

Earnings for Commerce Bancshares are expected to decrease by -1.77% in the coming year, from $3.96 to $3.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Commerce Bancshares is 16.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Commerce Bancshares is 16.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 32.57.

Price to Earnings Growth Ratio

Commerce Bancshares has a PEG Ratio of 10.03. 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 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

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

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Commerce Bancshares pays a meaningful dividend of 1.78%, 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 27.76% 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

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 and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.08

News Sentiment

Commerce Bancshares has a news sentiment score of 1.08. 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 0.65 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 14 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. This is an increase of 200% compared to the previous 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 -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 $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.

CBSH Stock Analysis - Frequently Asked Questions

How have CBSH shares performed this year?

Commerce Bancshares' stock was trading at $53.41 at the beginning of 2024. Since then, CBSH stock has increased by 12.0% and is now trading at $59.83.
View the best growth stocks for 2024 here.

How were Commerce Bancshares' earnings last quarter?

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

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.

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.
Compare Top Brokerages Here.

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 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: 9/28/2024
• Next Earnings (Confirmed): 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:CBSH
• CUSIP: 20052510
• CIK: 22356
• Web: www.commercebank.com
• Phone: (816) 234-2000
• Fax: 816-234-2369
• Employees: 4,728
• Year Founded: 1865

Price Target and Rating

• Average Stock Price Target: $60.00
• High Stock Price Target: $66.00
• Low Stock Price Target: $54.00
• Potential Upside/Downside: +0.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.14
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $3.5857
• Trailing P/E Ratio: 16.69
• Forward P/E Ratio: 15.11
• P/E Growth: 10.03
• Net Income: $477.06 million
• Net Margins: 23.62%
• Pretax Margin: 30.73%
• Return on Equity: 16.50%
• Return on Assets: 1.55%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.75
• Quick Ratio: 0.75

Sales & Book Value

• Annual Sales: $1.95 billion
• Price / Sales: 3.95
• Cash Flow: $4.11 per share
• Price / Cash Flow: 14.56
• Book Value: $22.71 per share
• Price / Book: 2.63

Miscellaneous

• Outstanding Shares: 128,920,000
• Free Float: 125,391,000
• Market Cap: $7.71 billion
• Optionable: Optionable
• Beta: 0.75