Equities Analysts Set Expectations for CBSH FY2026 Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Analysts at Zacks Research dropped their FY2026 earnings per share estimates for Commerce Bancshares in a research note issued to investors on Thursday, April 2nd. Zacks Research analyst Team now anticipates that the financial services provider will post earnings of $3.97 per share for the year, down from their previous estimate of $4.04. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q2 2027 earnings at $1.09 EPS and Q1 2028 earnings at $1.19 EPS.

Commerce Bancshares (NASDAQ:CBSH) last issued its earnings results on Thursday, January 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.99 by $0.02. Commerce Bancshares had a net margin of 26.51% and a return on equity of 15.34%. The firm had revenue of $449.36 million for the quarter, compared to analysts’ expectations of $442.47 million. During the same quarter last year, the business earned $1.01 earnings per share. The business’s revenue was up 6.5% on a year-over-year basis.

A number of other equities analysts have also recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Commerce Bancshares in a research report on Friday, March 27th. Morgan Stanley dropped their price target on Commerce Bancshares from $67.00 to $65.00 and set an “equal weight” rating for the company in a research note on Monday, March 2nd. Piper Sandler set a $62.00 price objective on shares of Commerce Bancshares and gave the stock a “neutral” rating in a report on Monday, January 26th. TD Cowen cut their target price on shares of Commerce Bancshares from $61.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 7th. Finally, Wells Fargo & Company reduced their price target on shares of Commerce Bancshares from $60.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Monday, March 30th. One investment analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $60.92.

Commerce Bancshares Stock Performance

NASDAQ:CBSH traded up $0.30 during midday trading on Tuesday, reaching $50.27. 318,332 shares of the stock traded hands, compared to its average volume of 1,313,036. The stock has a market capitalization of $7.38 billion, a P/E ratio of 11.99, a PEG ratio of 2.50 and a beta of 0.60. The company has a fifty day moving average of $51.18 and a 200 day moving average of $52.31. Commerce Bancshares has a 12 month low of $46.99 and a 12 month high of $63.19.

Commerce Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th were issued a $0.275 dividend. The ex-dividend date was Friday, March 6th. This represents a $1.10 dividend on an annualized basis and a yield of 2.2%. Commerce Bancshares’s dividend payout ratio is 26.25%.

Insiders Place Their Bets

In other Commerce Bancshares news, SVP Kim L. Jakovich sold 949 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $51.45, for a total value of $48,826.05. Following the completion of the transaction, the senior vice president owned 12,741 shares in the company, valued at approximately $655,524.45. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Derrick Brooks sold 1,044 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $54.40, for a total transaction of $56,793.60. Following the sale, the senior vice president owned 14,585 shares in the company, valued at approximately $793,424. This trade represents a 6.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,477 shares of company stock valued at $1,586,655 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Commerce Bancshares

Several hedge funds have recently bought and sold shares of the business. Tudor Investment Corp ET AL increased its position in Commerce Bancshares by 5,922.5% during the 3rd quarter. Tudor Investment Corp ET AL now owns 501,859 shares of the financial services provider’s stock valued at $29,991,000 after buying an additional 493,526 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Commerce Bancshares by 59.5% during the third quarter. Robeco Institutional Asset Management B.V. now owns 102,227 shares of the financial services provider’s stock valued at $6,109,000 after buying an additional 38,120 shares during the last quarter. American Century Companies Inc. boosted its holdings in Commerce Bancshares by 5.4% in the third quarter. American Century Companies Inc. now owns 3,972,884 shares of the financial services provider’s stock worth $237,420,000 after acquiring an additional 202,758 shares in the last quarter. Voya Investment Management LLC boosted its holdings in Commerce Bancshares by 95.0% in the third quarter. Voya Investment Management LLC now owns 194,642 shares of the financial services provider’s stock worth $11,632,000 after acquiring an additional 94,841 shares in the last quarter. Finally, Vest Financial LLC grew its stake in shares of Commerce Bancshares by 86.7% in the third quarter. Vest Financial LLC now owns 62,154 shares of the financial services provider’s stock worth $3,714,000 after acquiring an additional 28,858 shares during the last quarter. Institutional investors own 70.26% of the company’s stock.

About Commerce Bancshares

Commerce Bancshares, Inc is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations.

The company’s commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services.