Commerce BancsharesCBSH
Market Cap: $7.89B
About: Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.
Employees: 4,724
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
8,927% more call options, than puts
Call options by funds: $993K | Put options by funds: $11K
36% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 42
4% more funds holding
Funds holding: 374 [Q1] → 389 (+15) [Q2]
4% more capital invested
Capital invested by funds: $4.88B [Q1] → $5.08B (+$193M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
0% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 129
0.45% less ownership
Funds ownership: 70.68% [Q1] → 70.23% (-0.45%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target | 8%upside $66 | Equal-Weight Maintained | 5 Aug 2024 |
Morgan Stanley Manan Gosalia 73% 1-year accuracy 16 / 22 met price target | 5%downside $58 | Equal-Weight Maintained | 22 Jul 2024 |
Wells Fargo Steven Shaw 100% 1-year accuracy 3 / 3 met price target | 1%upside $62 | Equal-Weight Maintained | 22 Jul 2024 |
Jefferies Ken Usdin 93% 1-year accuracy 13 / 14 met price target | 1%upside $62 | Hold Maintained | 3 Jul 2024 |
Financial journalist opinion
Based on 4 articles about CBSH published over the past 30 days