Q1 EPS Forecast for Commerce Bancshares Increased by Analyst

Commerce Bancshares, Inc. (NASDAQ:CBSH - Free Report) - Analysts at Zacks Research increased their Q1 2025 earnings estimates for Commerce Bancshares in a research note issued on Wednesday, February 12th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $0.89 for the quarter, up from their prior forecast of $0.87. The consensus estimate for Commerce Bancshares' current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Commerce Bancshares' Q2 2025 earnings at $0.94 EPS, Q3 2025 earnings at $0.97 EPS, Q4 2025 earnings at $0.99 EPS, FY2025 earnings at $3.79 EPS, Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $1.00 EPS, Q4 2026 earnings at $1.03 EPS, FY2026 earnings at $4.05 EPS and FY2027 earnings at $4.38 EPS.

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

Several other equities research analysts also recently issued reports on the stock. Piper Sandler raised their price objective on shares of Commerce Bancshares from $69.00 to $72.00 and gave the stock a "neutral" rating in a research report on Thursday, January 23rd. Raymond James downgraded Commerce Bancshares from an "outperform" rating to a "market perform" rating in a report on Thursday, December 19th. StockNews.com raised shares of Commerce Bancshares from a "sell" rating to a "hold" rating in a research report on Monday, January 13th. Wells Fargo & Company raised their target price on shares of Commerce Bancshares from $67.00 to $70.00 and gave the stock an "equal weight" rating in a report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods boosted 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. Seven research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $67.83.

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Commerce Bancshares Price Performance

Commerce Bancshares stock traded down $1.01 during mid-day trading on Monday, hitting $64.90. 369,978 shares of the company's stock traded hands, compared to its average volume of 516,657. The firm has a 50 day simple moving average of $64.92 and a two-hundred day simple moving average of $64.32. The stock has a market cap of $8.32 billion, a price-to-earnings ratio of 16.18, a P/E/G ratio of 2.19 and a beta of 0.80. Commerce Bancshares has a fifty-two week low of $47.89 and a fifty-two week high of $72.75.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Kapitalo Investimentos Ltda bought a new position in shares of Commerce Bancshares during the 4th quarter worth approximately $26,000. V Square Quantitative Management LLC acquired a new stake in Commerce Bancshares in the third quarter valued at approximately $26,000. CoreFirst Bank & Trust acquired a new stake in Commerce Bancshares in the 4th quarter valued at $33,000. Allworth Financial LP grew its holdings in shares of Commerce Bancshares by 51.1% during the third quarter. Allworth Financial LP now owns 568 shares of the financial services provider's stock valued at $34,000 after buying an additional 192 shares during the last quarter. Finally, Marshall Investment Management LLC bought a new stake in shares of Commerce Bancshares during the fourth quarter worth about $35,000. 70.26% of the stock is owned by institutional investors.

Insider Activity at Commerce Bancshares

In other news, CFO Charles G. Kim sold 13,493 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $67.76, for a total transaction of $914,285.68. Following the sale, the chief financial officer now directly owns 86,246 shares in the company, valued at approximately $5,844,028.96. The trade was a 13.53 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 transaction of $70,696.64. Following the sale, the vice president now directly owns 22,175 shares in the company, valued at $1,513,222. The trade was a 4.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,054 shares of company stock valued at $5,771,192. 3.20% of the stock is owned by insiders.

Commerce Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 7th will be paid a $0.275 dividend. This is an increase from Commerce Bancshares's previous quarterly dividend of $0.27. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date of this dividend is Friday, March 7th. Commerce Bancshares's dividend payout ratio (DPR) is presently 26.93%.

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.