Commerce Bancshares, Inc. (NASDAQ:CBSH – Free Report) – Equities research analysts at Zacks Research decreased their FY2026 EPS estimates for shares of Commerce Bancshares in a research note issued on Tuesday, November 10th. Zacks Research analyst Team now anticipates that the financial services provider will earn $4.19 per share for the year, down from their previous forecast of $4.22. The consensus estimate for Commerce Bancshares’ current full-year earnings is $4.27 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q4 2026 earnings at $1.05 EPS, Q1 2027 earnings at $1.03 EPS, FY2027 earnings at $4.49 EPS, Q1 2028 earnings at $1.18 EPS and FY2028 earnings at $4.97 EPS.
Commerce Bancshares (NASDAQ:CBSH – Get Free Report) last released its earnings results on Tuesday, October 20th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01. Commerce Bancshares had a net margin of 26.06% and a return on equity of 14.27%. The company had revenue of $494.34 million for the quarter, compared to analyst estimates of $496.75 million. During the same period in the prior year, the business earned $1.06 EPS.
Several other brokerages have also recently issued reports on CBSH. Morgan Stanley increased their price objective on Commerce Bancshares from $76.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Stephens set a $62.00 target price on shares of Commerce Bancshares and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. TD Cowen restated a “hold” rating and issued a $63.00 price target (up from $62.00) on shares of Commerce Bancshares in a research note on Friday, July 17th. Wells Fargo & Company cut their price objective on shares of Commerce Bancshares from $61.00 to $60.00 and set an “equal weight” rating on the stock in a report on Monday. Finally, Piper Sandler set a $60.50 target price on Commerce Bancshares and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $63.50.
Get Our Latest Research Report on Commerce Bancshares
Commerce Bancshares Stock Down 0.2%
NASDAQ:CBSH opened at $55.89 on Thursday. Commerce Bancshares has a 52 week low of $46.99 and a 52 week high of $60.92. The company has a fifty day simple moving average of $56.02 and a two-hundred day simple moving average of $54.50. The company has a market cap of $7.91 billion, a price-to-earnings ratio of 13.47, a price-to-earnings-growth ratio of 2.35 and a beta of 0.61.
Commerce Bancshares’s stock is scheduled to split on Tuesday, December 1st. The 1.05-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Monday, November 30th.
Commerce Bancshares Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Tuesday, December 1st will be paid a $0.2750 dividend. The ex-dividend date is Tuesday, December 1st. This represents a $1.10 dividend on an annualized basis and a yield of 2.0%. Commerce Bancshares’s payout ratio is currently 26.51%.
Insiders Place Their Bets
In other news, VP David Orf sold 642 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $60.35, for a total value of $38,744.70. Following the completion of the sale, the vice president directly owned 24,962 shares of the company’s stock, valued at approximately $1,506,456.70. This represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Douglas Neff sold 666 shares of the stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $58.15, for a total transaction of $38,727.90. Following the sale, the senior vice president owned 11,746 shares of the company’s stock, valued at $683,029.90. This trade represents a 5.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 1.80% of the company’s stock.
Hedge Funds Weigh In On Commerce Bancshares
A number of hedge funds and other institutional investors have recently bought and sold shares of CBSH. Versant Capital Management Inc raised its position in Commerce Bancshares by 146.6% during the 3rd quarter. Versant Capital Management Inc now owns 508 shares of the financial services provider’s stock worth $28,000 after buying an additional 302 shares during the last quarter. Keating Financial Advisory Services Inc. purchased a new stake in shares of Commerce Bancshares in the second quarter valued at about $29,000. Laurel Wealth Advisors LLC acquired a new position in shares of Commerce Bancshares during the third quarter worth about $35,000. Provenance Wealth Advisors LLC acquired a new position in shares of Commerce Bancshares during the third quarter worth about $56,000. Finally, Continuum Advisory LLC acquired a new position in shares of Commerce Bancshares during the second quarter worth about $64,000. 70.26% of the stock is currently owned by hedge funds and other institutional investors.
Commerce Bancshares News Summary
Investors following CBSH have been watching these news items:
- Positive Sentiment: Zacks Research raised its estimates for Q3 and Q4 2027 EPS to $1.15 and $1.19, respectively, and for Q2 2028 EPS to $1.24. Commerce Bancshares analyst estimates
- Neutral Sentiment: A report described a large increase in short interest but gave the actual balance as zero shares, indicating no reported short position in the cited data. Commerce Bancshares short interest
- Negative Sentiment: Zacks Research cut several forecasts: FY2026 EPS to $4.19 from $4.22; Q4 2026 to $1.05 from $1.09; Q1 2027 to $1.03 from $1.09; FY2027 to $4.49 from $4.51; Q1 2028 to $1.18 from $1.19; and FY2028 to $4.97 from $4.98. The downward revisions—especially the quarterly reductions—could pressure the shares, though they are analyst estimates rather than company guidance. Commerce Bancshares analyst estimates
About Commerce Bancshares
Commerce Bancshares, Inc. is a bank holding company headquartered in Kansas City, Missouri. Founded in 1865, it provides banking and financial services through its principal subsidiary, Commerce Bank. The company serves consumers, businesses, institutions and public-sector organizations. Its services include checking and savings accounts, lending, mortgage banking, treasury management, payment processing, and wealth management and trust services. Commerce Bank operates across several Midwestern and neighboring states, including Missouri, Kansas, Illinois, Oklahoma and Colorado.
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