Commerce Bancshares (NASDAQ:CBSH) Stock Gets Price Target Increase from Morgan Stanley

Posted by Brian Himes on Sep 30th, 2026

Commerce Bancshares (NASDAQ:CBSH – Get Free Report) had its price target raised by equities research analysts at Morgan Stanley from $76.00 to $77.00 in a research note issued to investors on Monday, Marketbeat reports. The brokerage presently has an “overweight” rating on the financial services provider’s stock. Morgan Stanley’s price objective points to a potential upside of 39.17% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods increased their target price on Commerce Bancshares from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Monday, July 20th. Stephens set a $64.00 price target on Commerce Bancshares and gave the stock an “equal weight” rating in a report on Friday, July 17th. Wells Fargo & Company set a $63.00 price target on Commerce Bancshares and gave the stock an “equal weight” rating in a report on Monday, August 10th. Piper Sandler restated a “neutral” rating and issued a $66.00 price target (up from $59.00) on shares of Commerce Bancshares in a research note on Friday, July 17th. Finally, Raymond James Financial raised shares of Commerce Bancshares to a “hold” rating in a report on Thursday, August 27th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $64.71.

Get Our Latest Research Report on CBSH

Commerce Bancshares Trading Down 1.0%

Shares of Commerce Bancshares stock opened at $55.33 on Monday. The company has a market capitalization of $7.94 billion, a P/E ratio of 13.40, a P/E/G ratio of 1.99 and a beta of 0.58. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.82 and a current ratio of 0.82. The company has a fifty day moving average of $58.35 and a 200 day moving average of $54.75. Commerce Bancshares has a fifty-two week low of $46.99 and a fifty-two week high of $60.92.

Commerce Bancshares (NASDAQ:CBSH – Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. Commerce Bancshares had a return on equity of 14.31% and a net margin of 26.07%.The business had revenue of $498.91 million during the quarter, compared to analyst estimates of $492.22 million. During the same quarter in the prior year, the business posted $1.14 EPS. On average, sell-side analysts anticipate that Commerce Bancshares will post 4.25 earnings per share for the current fiscal year.

Insider Transactions at Commerce Bancshares

In related news, SVP Douglas Neff sold 666 shares of the business’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $58.15, for a total value of $38,727.90. Following the sale, the senior vice president directly owned 11,746 shares in the company, valued at approximately $683,029.90. The trade was a 5.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP David Orf sold 642 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $60.35, for a total value of $38,744.70. Following the transaction, the vice president directly owned 24,962 shares of the company’s stock, valued at approximately $1,506,456.70. The trade was a 2.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 32,950 shares of company stock valued at $1,963,777. 1.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its position in Commerce Bancshares by 196.4% in the second quarter. Sequoia Financial Advisors LLC now owns 12,189 shares of the financial services provider’s stock worth $704,000 after purchasing an additional 8,076 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in Commerce Bancshares by 48.2% during the second quarter. Integrated Wealth Concepts LLC now owns 27,560 shares of the financial services provider’s stock valued at $1,592,000 after purchasing an additional 8,958 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Commerce Bancshares by 95.0% in the 2nd quarter. NewEdge Advisors LLC now owns 19,581 shares of the financial services provider’s stock worth $1,131,000 after buying an additional 9,537 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Commerce Bancshares by 3,863.6% in the 2nd quarter. IFP Advisors Inc now owns 2,180 shares of the financial services provider’s stock worth $126,000 after buying an additional 2,125 shares in the last quarter. Finally, Squarepoint Ops LLC increased its holdings in shares of Commerce Bancshares by 48.1% in the 2nd quarter. Squarepoint Ops LLC now owns 8,594 shares of the financial services provider’s stock worth $496,000 after buying an additional 2,790 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.

About Commerce Bancshares

(Get Free Report)

Commerce Bancshares, Inc is a financial services holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Commerce Bank, the company provides banking and financial services to individuals, businesses, institutions and government entities.

Commerce Bank offers deposit accounts, consumer and commercial lending, treasury and payment services, wealth management, trust services, investment banking and brokerage services. Its commercial banking activities include financing, cash-management solutions and other services designed for businesses and institutional clients.

Founded in 1865, Commerce Bancshares primarily serves customers through a regional network centered in Missouri and extending into Kansas, Illinois, Oklahoma and Colorado.