Commerce Bancshares (NASDAQ:CBSH) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Commerce Bancshares (NASDAQ:CBSH) posted its quarterly earnings results on Tuesday. The financial services provider reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.01, Zacks reports. The company had revenue of $494.34 million for the quarter, compared to analysts’ expectations of $496.75 million. Commerce Bancshares had a net margin of 26.07% and a return on equity of 14.31%. During the same quarter in the previous year, the firm posted $1.06 EPS.

Commerce Bancshares Stock Performance

NASDAQ CBSH opened at $55.58 on Wednesday. The firm has a market cap of $7.97 billion, a P/E ratio of 13.46, a price-to-earnings-growth ratio of 1.68 and a beta of 0.60. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.01. The company’s 50 day moving average is $57.01 and its 200-day moving average is $55.46. Commerce Bancshares has a 12-month low of $46.99 and a 12-month high of $60.92.

Commerce Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 4th were given a $0.2750 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.10 annualized dividend and a dividend yield of 2.0%. Commerce Bancshares’s payout ratio is 26.63%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on CBSH. Keefe, Bruyette & Woods increased their price objective on Commerce Bancshares from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Monday, July 20th. Wells Fargo & Company set a $61.00 target price on Commerce Bancshares and gave the company an “equal weight” rating in a research note on Tuesday, September 29th. Wall Street Zen upgraded Commerce Bancshares from a “sell” rating to a “hold” rating in a research note on Sunday, October 11th. Stephens set a $64.00 price target on Commerce Bancshares and gave the company an “equal weight” rating in a research report on Friday, July 17th. Finally, Weiss Ratings raised Commerce Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $64.29.

Insider Buying and Selling

In other Commerce Bancshares news, CEO John W. Kemper sold 5,830 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $60.58, for a total value of $353,181.40. Following the completion of the transaction, the chief executive officer owned 206,528 shares in the company, valued at $12,511,466.24. This trade represents a 2.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Charles G. Kim sold 19,771 shares of the firm’s stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $59.18, for a total value of $1,170,047.78. Following the completion of the transaction, the chief financial officer owned 119,410 shares of the company’s stock, valued at approximately $7,066,683.80. This represents a 14.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 32,950 shares of company stock valued at $1,963,777 in the last 90 days. Corporate insiders own 1.80% of the company’s stock.

More Commerce Bancshares News

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

• Positive Sentiment: Third-quarter EPS rose to $1.08 from $1.01 a year earlier and exceeded the $1.07 analyst consensus. Net income increased 9.5% year over year to $155 million, reinforcing the company’s earnings-growth momentum. Commerce Bancshares Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Non-interest income increased $24 million from the prior year, while non-interest expense fell $11.1 million sequentially. The combination suggests benefits from Commerce Bancshares’ diversified investment-banking and wealth-services businesses, as well as expense discipline. Commerce Bancshares Net Income Rises as Acquisitions Expand Investment Banking and Wealth Services
• Positive Sentiment: Average loans grew by $172.3 million from the second quarter to $20.7 billion. The company also repurchased approximately 1.9 million shares at an average price of $58.84, providing shareholder support. Commerce Bancshares Reports Third-Quarter EPS of $1.08
• Neutral Sentiment: Revenue totaled $494.3 million, slightly below the $496.8 million consensus estimate and down from $499.0 million in the second quarter. EPS also declined from $1.10 sequentially, leaving the overall report broadly in line with expectations. Commerce Bancshares Reports Q3 2026 In Line With Expectations
• Negative Sentiment: Net interest income fell $6.2 million sequentially, highlighting continued pressure on the bank’s core lending spread. Additionally, reported insider activity showed sales and no purchases over the past six months, which could weigh modestly on sentiment. Commerce Bancshares Reports Third-Quarter EPS of $1.08

Commerce Bancshares Company Profile

Commerce Bancshares, Inc is a financial holding company headquartered in Kansas City, Missouri. Founded in 1865, the company operates Commerce Bank, which provides banking and related financial services to individuals, businesses, institutions and government entities.

Commerce Bank offers deposit accounts, consumer and commercial lending, mortgages, treasury and payment services, credit cards, investment management, trust services and institutional banking solutions. Its businesses also include capital markets and brokerage services, supporting corporate, municipal and institutional clients.

The bank serves customers primarily through a regional network spanning Missouri, Kansas, Illinois, Oklahoma and Colorado, along with digital banking channels.