Commerce BancsharesCBSH
CBSH
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
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1,188% more call options, than puts
Call options by funds: $2.91M | Put options by funds: $226K
142% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 31
11% more funds holding
Funds holding: 392 [Q2] → 436 (+44) [Q3]
0% more capital invested
Capital invested by funds: $5.33B [Q2] → $5.35B (+$20.5M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 141
3.87% less ownership
Funds ownership: 73.66% [Q2] → 69.79% (-3.87%) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$67
7%
upside
Avg. target
$73
16%
upside
High target
$78
25%
upside
2 analyst ratings
0 positive
0%
2 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Christopher Mcgratty 78% 1-year accuracy 14 / 18 met price target | 25%upside $78 | Market Perform Maintained | 4 Dec 2024 |
Wells Fargo Steven Shaw 100% 1-year accuracy 1 / 1 met price target | 7%upside $67 | Equal-Weight Maintained | 3 Dec 2024 |
Financial journalist opinion
Positive
Seeking Alpha
5 hours ago
Highest Quality Dividend Kings For 2025
Only 11 Dividend Kings outperformed the S&P 500 during the last decade based on Total Return. 5 Dividend Kings earn the rank of "High Quality" based on my custom quantitative model. Using a variation of a truncated custom quality score could have generated a total return nearly double that of the S&P 500 during the last 9 years.
Neutral
Zacks Investment Research
1 month ago
CBSH Stock Trades Near 52-Week High: Is This the Right Time to Invest?
Commerce Bancshares Inc. CBSH shares have been performing remarkably well of late. At present, the stock is trading near its 52-week high of $72.74 hit during Monday's trading session.
Positive
Zacks Investment Research
1 month ago
High Rates & Loan Demand Aid CBSH Despite Weak Asset Quality
Modest loan demand, relatively high rates and efforts to bolster fee income will support Commerce Bancshares amid poor asset quality and mounting expenses.
Neutral
Business Wire
2 months ago
Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on December 17, 2024 to stockholders of record at the close of business on December 3, 2024. The Board of Directors also approved a 5% common stock dividend payable on December 18, 2024 to shareholders of record at the close of business on December 3, 2024. Statements reflec.
Positive
Zacks Investment Research
2 months ago
Commerce Bancshares' Q3 Earnings Beat Estimates, Revenues Rise Y/Y
CBSH records a rise in expenses and lower provisions in the third quarter of 2024.
Positive
PYMNTS
2 months ago
Regional Banks Report Credit Quality Remained Strong in Q3
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday.
Positive
Zacks Investment Research
2 months ago
Commerce (CBSH) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for Commerce (CBSH) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
Commerce Bancshares (CBSH) Beats Q3 Earnings and Revenue Estimates
Commerce Bancshares (CBSH) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.91 per share a year ago.
Neutral
Business Wire
2 months ago
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year and $1.07 per share in the second quarter of 2024. Net income for the third quarter of 2024 amounted to $138.0 million, compared to $120.6 million in the third quarter of 2023 and $139.6 million in the prior quarter. For the nine months ended September 30, 2024, earnings per share totaled $3.00,.
Positive
Zacks Investment Research
2 months ago
Gear Up for Commerce (CBSH) Q3 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Commerce (CBSH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
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