Commerce Bancshares (NASDAQ:CBSH) Cut to “Sell” at Wall Street Zen

Posted by Francis Steltz on Nov 10th, 2026

Wall Street Zen cut shares of Commerce Bancshares (NASDAQ:CBSH – Free Report) from a hold rating to a sell rating in a report issued on Saturday,Wall Street Zen reports.

Other analysts have also issued reports about the company. Wells Fargo & Company set a $61.00 price objective on Commerce Bancshares and gave the stock an “equal weight” rating in a report on Tuesday, September 29th. TD Cowen restated a “hold” rating and issued a $63.00 target price (up from $62.00) on shares of Commerce Bancshares in a research note on Friday, July 17th. Weiss Ratings upgraded Commerce Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. Morgan Stanley upped their target price on Commerce Bancshares from $76.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Finally, Stephens set a $62.00 price target on Commerce Bancshares and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $63.50.

Get Our Latest Stock Analysis on CBSH

Commerce Bancshares Stock Performance

Commerce Bancshares stock opened at $56.03 on Friday. The firm has a market cap of $8.04 billion, a PE ratio of 13.50, a P/E/G ratio of 1.70 and a beta of 0.61. The firm’s 50 day moving average price is $56.08 and its two-hundred day moving average price is $54.48. Commerce Bancshares has a twelve month low of $46.99 and a twelve month high of $60.92.

Shares of Commerce Bancshares are set to split before the market opens on Tuesday, December 1st. The 1.05-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Monday, November 30th.

Commerce Bancshares (NASDAQ:CBSH – Get Free Report) last issued its earnings results on Tuesday, October 20th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analyst estimates of $496.75 million. During the same quarter last year, the business posted $1.06 EPS. Equities analysts anticipate that Commerce Bancshares will post 4.27 EPS for the current fiscal year.

Commerce Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Tuesday, December 1st will be issued a dividend of $0.2750 per share. The ex-dividend date is Tuesday, December 1st. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.0%. Commerce Bancshares’s dividend payout ratio (DPR) is currently 26.51%.

Insiders Place Their Bets

In related news, VP David Orf sold 642 shares of Commerce Bancshares stock in a transaction 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 completion of the sale, the vice president 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Douglas Neff sold 666 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $58.15, for a total transaction of $38,727.90. Following the completion of the sale, the senior vice president owned 11,746 shares of the company’s stock, valued at $683,029.90. This represents a 5.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in CBSH. Nicholson Wealth Management Group LLC raised its stake in Commerce Bancshares by 0.6% in the 3rd quarter. Nicholson Wealth Management Group LLC now owns 32,609 shares of the financial services provider’s stock valued at $1,785,000 after acquiring an additional 197 shares during the period. GAMMA Investing LLC lifted its holdings in Commerce Bancshares by 11.4% during the 3rd quarter. GAMMA Investing LLC now owns 2,116 shares of the financial services provider’s stock valued at $116,000 after purchasing an additional 216 shares during the last quarter. MTM Investment Management LLC lifted its holdings in Commerce Bancshares by 0.3% during the 1st quarter. MTM Investment Management LLC now owns 88,242 shares of the financial services provider’s stock valued at $4,342,000 after purchasing an additional 281 shares during the last quarter. Versant Capital Management Inc boosted its position in Commerce Bancshares by 146.6% during the third quarter. Versant Capital Management Inc now owns 508 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 302 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in Commerce Bancshares by 18.1% during the second quarter. Parkside Financial Bank & Trust now owns 2,028 shares of the financial services provider’s stock worth $117,000 after purchasing an additional 311 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

Commerce Bancshares Company Profile

(Get Free Report)

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.