Zacks Research Issues Positive Estimate for CBSH Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Equities research analysts at Zacks Research boosted their Q1 2025 earnings estimates for Commerce Bancshares in a research report issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings per share of $0.91 for the quarter, up from their previous estimate of $0.89. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.92 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q2 2025 earnings at $0.95 EPS, FY2025 earnings at $3.82 EPS, Q1 2026 earnings at $1.03 EPS, Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.01 EPS, FY2026 earnings at $4.08 EPS and FY2027 earnings at $4.42 EPS.

A number of other equities research analysts have also recently weighed in on CBSH. Piper Sandler lifted their price target on shares of Commerce Bancshares from $69.00 to $72.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Raymond James downgraded shares of Commerce Bancshares from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 19th. Wells Fargo & Company lifted their price target on shares of Commerce Bancshares from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods boosted their price objective on shares of Commerce Bancshares from $66.00 to $78.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Commerce Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, January 13th. Seven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $67.83.

Commerce Bancshares Price Performance

Shares of CBSH opened at $65.91 on Thursday. Commerce Bancshares has a 1-year low of $47.89 and a 1-year high of $72.75. The stock has a market cap of $8.45 billion, a PE ratio of 16.44, a P/E/G ratio of 2.19 and a beta of 0.80. The firm has a 50-day simple moving average of $64.92 and a two-hundred day simple moving average of $64.32.

Commerce Bancshares (NASDAQ:CBSH) last released its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.06. Commerce Bancshares had a net margin of 25.24% and a return on equity of 16.31%. The firm had revenue of $422.10 million during the quarter, compared to analysts’ expectations of $417.48 million. During the same period last year, the business earned $0.84 earnings per share. Commerce Bancshares’s revenue was up 7.3% compared to the same quarter last year.

Hedge Funds Weigh In On Commerce Bancshares

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. WCG Wealth Advisors LLC grew its stake in shares of Commerce Bancshares by 4.4% during the 4th quarter. WCG Wealth Advisors LLC now owns 19,600 shares of the financial services provider’s stock worth $1,221,000 after purchasing an additional 835 shares during the period. GTS Securities LLC acquired a new position in shares of Commerce Bancshares during the 4th quarter worth $316,000. Novem Group acquired a new position in shares of Commerce Bancshares during the 4th quarter worth $768,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Commerce Bancshares by 26.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 456,563 shares of the financial services provider’s stock worth $28,448,000 after purchasing an additional 94,287 shares during the period. Finally, Voloridge Investment Management LLC boosted its position in shares of Commerce Bancshares by 35.9% in the 4th quarter. Voloridge Investment Management LLC now owns 390,949 shares of the financial services provider’s stock worth $24,360,000 after buying an additional 103,335 shares in the last quarter. 70.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Commerce Bancshares

In other Commerce Bancshares news, CEO John W. Kemper sold 26,042 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $67.28, for a total value of $1,752,105.76. Following the transaction, the chief executive officer now directly owns 211,929 shares of the company’s stock, valued at approximately $14,258,583.12. The trade was a 10.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman David W. Kemper sold 4,500 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $69.22, for a total transaction of $311,490.00. Following the transaction, the chairman now directly owns 23,725 shares in the company, valued at approximately $1,642,244.50. This trade represents a 15.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,054 shares of company stock valued at $5,771,192. 3.20% of the stock is owned by company insiders.

Commerce Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 7th will be paid a $0.275 dividend. This is a boost from Commerce Bancshares’s previous quarterly dividend of $0.27. This represents a $1.10 annualized dividend and a yield of 1.67%. The ex-dividend date is Friday, March 7th. Commerce Bancshares’s payout ratio is currently 26.93%.

About Commerce Bancshares

Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.