Zacks Research Issues Positive Estimate for CBSH Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Analysts at Zacks Research lifted their Q1 2025 EPS estimates for shares of Commerce Bancshares in a report released on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the financial services provider will post earnings per share of $0.91 for the quarter, up from their prior estimate of $0.89. 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 $0.95 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.

Several other equities research analysts have also commented on the stock. Wells Fargo & Company lifted their price target on shares of Commerce Bancshares from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods lifted their price target on shares of Commerce Bancshares from $66.00 to $78.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. Piper Sandler lifted their price target on shares of 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 lowered shares of Commerce Bancshares from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 19th. Finally, StockNews.com raised shares of Commerce Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, January 13th. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $67.83.

Commerce Bancshares Price Performance

Shares of NASDAQ:CBSH opened at $64.90 on Thursday. The company’s fifty day moving average price is $64.86 and its 200 day moving average price is $64.33. Commerce Bancshares has a 12 month low of $47.89 and a 12 month high of $72.75. The firm has a market capitalization of $8.32 billion, a P/E ratio of 16.18, a P/E/G ratio of 2.19 and a beta of 0.80.

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

Commerce Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 7th will be given a dividend of $0.275 per share. This is an increase from Commerce Bancshares’s previous quarterly dividend of $0.27. This represents a $1.10 annualized dividend and a 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%.

Insider Activity

In other news, SVP Patricia R. Kellerhals sold 500 shares of Commerce Bancshares 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 sale, the senior vice president now owns 22,265 shares of the company’s stock, valued at $1,526,265.75. The trade was a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman David W. Kemper sold 4,500 shares of Commerce Bancshares stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $69.22, for a total transaction of $311,490.00. Following the completion of the sale, the chairman now directly owns 23,725 shares in the company, valued at approximately $1,642,244.50. The trade was a 15.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,054 shares of company stock valued at $5,771,192 over the last quarter. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Commerce Bancshares

Hedge funds and other institutional investors have recently made changes to their positions in the company. Virtu Financial LLC purchased a new stake in Commerce Bancshares during the third quarter worth about $566,000. Procyon Advisors LLC purchased a new stake in Commerce Bancshares during the fourth quarter worth about $200,000. Centiva Capital LP purchased a new stake in Commerce Bancshares during the third quarter worth about $581,000. PFW Advisors LLC purchased a new stake in Commerce Bancshares during the fourth quarter worth about $1,336,000. Finally, Barclays PLC boosted its holdings 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 buying an additional 17,400 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

About Commerce Bancshares

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.