What is Zacks Research’s Estimate for CBSH FY2026 Earnings?

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Stock analysts at Zacks Research lifted their FY2026 earnings estimates for Commerce Bancshares in a note issued to investors on Tuesday, May 12th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $4.07 per share for the year, up from their prior forecast of $3.97. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Commerce Bancshares’ current full-year earnings is $4.10 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q4 2026 earnings at $1.07 EPS, Q1 2027 earnings at $1.05 EPS, Q3 2027 earnings at $1.13 EPS, FY2027 earnings at $4.40 EPS and Q1 2028 earnings at $1.14 EPS.

Several other analysts have also issued reports on the company. Piper Sandler restated a “neutral” rating and issued a $58.50 target price (up from $56.00) on shares of Commerce Bancshares in a research note on Thursday, April 23rd. Wells Fargo & Company cut their price target on Commerce Bancshares from $60.00 to $53.00 and set an “equal weight” rating for the company in a research note on Monday, March 30th. Keefe, Bruyette & Woods lifted their price objective on Commerce Bancshares from $56.00 to $57.00 and gave the stock a “market perform” rating in a report on Wednesday. Morgan Stanley lowered their price objective on Commerce Bancshares from $67.00 to $65.00 and set an “equal weight” rating on the stock in a research note on Monday, March 2nd. Finally, Wall Street Zen raised shares of Commerce Bancshares from a “strong sell” rating to a “sell” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Commerce Bancshares has an average rating of “Hold” and an average target price of $59.30.

Commerce Bancshares Trading Down 1.6%

Commerce Bancshares stock opened at $50.32 on Thursday. The business’s 50 day simple moving average is $50.07 and its 200 day simple moving average is $51.67. Commerce Bancshares has a 12 month low of $46.99 and a 12 month high of $63.19. The company has a market cap of $7.34 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 3.50 and a beta of 0.61.

Commerce Bancshares (NASDAQ:CBSH) last issued its quarterly earnings results on Tuesday, April 21st. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.02. The company had revenue of $475.69 million during the quarter, compared to analyst estimates of $481.94 million. Commerce Bancshares had a net margin of 26.37% and a return on equity of 14.78%. Commerce Bancshares’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 EPS.

Commerce Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 23rd. Shareholders of record on Friday, June 5th will be given a dividend of $0.275 per share. The ex-dividend date is Friday, June 5th. This represents a $1.10 annualized dividend and a dividend yield of 2.2%. Commerce Bancshares’s dividend payout ratio is currently 26.38%.

Insider Transactions at Commerce Bancshares

In related news, Director Timothy S. Dunn purchased 2,500 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was purchased at an average cost of $47.71 per share, with a total value of $119,275.00. Following the completion of the acquisition, the director directly owned 5,403 shares of the company’s stock, valued at approximately $257,777.13. The trade was a 86.12% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Margaret M. Rowe sold 861 shares of Commerce Bancshares stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $51.69, for a total value of $44,505.09. Following the completion of the transaction, the senior vice president owned 5,742 shares of the company’s stock, valued at approximately $296,803.98. This trade represents a 13.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Commerce Bancshares

Hedge funds and other institutional investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL raised its holdings in shares of 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. Vanguard Group Inc. boosted its stake in Commerce Bancshares by 8.1% in the fourth quarter. Vanguard Group Inc. now owns 14,690,039 shares of the financial services provider’s stock worth $768,877,000 after buying an additional 1,098,142 shares in the last quarter. American Century Companies Inc. boosted its stake 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 buying an additional 202,758 shares in the last quarter. Vest Financial LLC grew its position in Commerce Bancshares by 86.7% during the third quarter. Vest Financial LLC now owns 62,154 shares of the financial services provider’s stock valued at $3,714,000 after acquiring an additional 28,858 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Commerce Bancshares by 4.8% during the third quarter. JPMorgan Chase & Co. now owns 1,611,608 shares of the financial services provider’s stock valued at $96,310,000 after acquiring an additional 73,965 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key Stories Impacting Commerce Bancshares

Here are the key news stories impacting Commerce Bancshares this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $4.07 from $3.97, suggesting slightly better near-term earnings power for Commerce Bancshares. Article Title
• Positive Sentiment: The company announced Visa accepted its tender of 411,723 Class B-2 shares and that it is repositioning its investment securities portfolio, a move aimed at improving net interest income over the coming quarters. Article Title
• Neutral Sentiment: Keefe, Bruyette & Woods raised its price target to $57 from $56, while keeping a Market Perform rating, which signals modest upside but no major change in sentiment. Article Title
• Neutral Sentiment: Zacks Research also lifted select forward estimates, including Q4 2026 and Q4 2027, but maintained a Hold rating, keeping the overall analyst view cautious. Article Title
• Negative Sentiment: Several longer-dated earnings estimates were trimmed, including Q1 2027, Q1 2028, Q2 2027, and FY2028, which may be pressuring the stock by tempering longer-term growth expectations. Article Title

Commerce Bancshares Company Profile

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.