Kim Jakovich Sells 949 Shares of Commerce Bancshares (NASDAQ:CBSH) Stock

Commerce Bancshares, Inc. (NASDAQ:CBSH) SVP Kim Jakovich sold 949 shares of the stock in a transaction on Thursday, March 5th. The shares were 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 $655,524.45. The trade was a 6.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Commerce Bancshares Stock Down 1.4%

Shares of CBSH opened at $48.89 on Wednesday. The stock’s fifty day simple moving average is $53.16 and its 200-day simple moving average is $53.59. The firm has a market capitalization of $7.18 billion, a PE ratio of 11.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.61. Commerce Bancshares, Inc. has a 12-month low of $48.58 and a 12-month high of $63.19.

Commerce Bancshares (NASDAQ:CBSH) last released its earnings results on Thursday, January 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.99 by $0.02. Commerce Bancshares had a net margin of 26.51% and a return on equity of 15.34%. The company had revenue of $449.36 million for the quarter, compared to the consensus estimate of $442.47 million. During the same period in the prior year, the company posted $1.01 EPS. The company’s revenue was up 6.5% compared to the same quarter last year. Analysts anticipate that Commerce Bancshares, Inc. will post 3.94 EPS for the current year.

Commerce Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Friday, March 6th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, March 6th. Commerce Bancshares’s payout ratio is currently 26.25%.

Key Commerce Bancshares News

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

• Positive Sentiment: Rating/research tailwinds: Zacks upgraded CBSH from “strong sell” to “hold” and media coverage highlights management’s focus on balance‑sheet optimization and a rating upgrade that investors view as supportive for future capital deployment and profitability. How Investors Are Reacting To Commerce Bancshares (CBSH) Rating Upgrade And Balance-Sheet Optimization Focus
• Positive Sentiment: Large institutional accumulation: Major institutions (Vanguard, State Street, Dimensional, American Century and others) increased stakes in recent quarters, indicating strong institutional conviction and a steady buyer base beneath the stock.
• Neutral Sentiment: Short‑interest data appears anomalous: Recent short‑interest posts show “0 shares” and NaN changes — likely a reporting glitch — so there’s no clear evidence of new short pressure driving today’s move.
• Neutral Sentiment: Valuation discussion: Several pieces are questioning whether recent share‑price weakness is already reflected in CBSH’s valuation and analysts’ FY2026 EPS outlooks — useful context for longer‑term investors but not an immediate catalyst. Is Commerce Bancshares (CBSH) Pricing Reflect Its Recent Share Price Weakness? What is Zacks Research’s Forecast for CBSH FY2026 Earnings?
• Negative Sentiment: Insider selling: Two senior VPs disclosed open‑market sales (Margaret Rowe sold 861 shares at ~$51.69; Kim Jakovich sold 949 shares at ~$51.45). While not huge, these trims (≈13% and ≈7% reductions of their holdings) can weigh on sentiment when combined with other negatives. Margaret M. Rowe Form 4 Kim L. Jakovich Form 4
• Negative Sentiment: Analyst pressure: Morgan Stanley recently trimmed its target on CBSH as the sell‑side raises the bar for bank stocks; other shops have also reduced targets — this lowers street support and can amplify downside momentum. Morgan Stanley Lowers Commerce Bancshares (CBSH) Target as Bank Sector Bar Rises

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Edgestream Partners L.P. lifted its holdings in shares of Commerce Bancshares by 28.8% in the second quarter. Edgestream Partners L.P. now owns 178,420 shares of the financial services provider’s stock valued at $11,092,000 after purchasing an additional 39,873 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Commerce Bancshares during the second quarter worth about $1,948,000. Robeco Institutional Asset Management B.V. raised its holdings in shares of Commerce Bancshares by 59.5% in 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 purchasing an additional 38,120 shares during the last quarter. Voya Investment Management LLC lifted its position in shares of 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 purchasing an additional 94,841 shares in the last quarter. Finally, Midwest Trust Co acquired a new position in Commerce Bancshares during the second quarter worth $10,667,000. Institutional investors own 70.26% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CBSH shares. Zacks Research raised Commerce Bancshares from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 4th. Piper Sandler set a $62.00 price target on Commerce Bancshares and gave the company a “neutral” rating in a research note on Monday, January 26th. TD Cowen reduced their price objective 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. Morgan Stanley lowered their target price on shares of 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Commerce Bancshares in a research report on Monday, December 29th. One 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, the stock has an average rating of “Hold” and a consensus target price of $61.51.

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.