Q1 EPS Forecast for Commerce Bancshares Decreased by Analyst

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Stock analysts at Zacks Research dropped their Q1 2026 EPS estimates for shares of Commerce Bancshares in a research note issued on Thursday, February 12th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings per share of $0.89 for the quarter, down from their prior estimate of $0.91. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.94 per share.

Commerce Bancshares (NASDAQ:CBSH) last posted its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $1.01 EPS for the quarter, topping the consensus estimate of $0.99 by $0.02. The company had revenue of $449.36 million during the quarter, compared to analyst estimates of $442.47 million. Commerce Bancshares had a return on equity of 15.51% and a net margin of 26.51%.Commerce Bancshares’s quarterly revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the business earned $1.01 EPS.

Other equities analysts have also issued reports about the stock. Wells Fargo & Company lowered their price target on shares of Commerce Bancshares from $61.90 to $57.14 and set an “equal weight” rating on the stock in a research report on Tuesday, October 21st. TD Cowen dropped their price target on Commerce Bancshares from $61.00 to $55.00 and set a “hold” rating for the company in a research report on Wednesday, January 7th. Piper Sandler set a $62.00 price objective on Commerce Bancshares and gave the stock a “neutral” rating in a research note on Monday, January 26th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Commerce Bancshares in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $61.75.

Commerce Bancshares Stock Performance

NASDAQ CBSH opened at $53.60 on Monday. Commerce Bancshares has a one year low of $48.69 and a one year high of $63.87. The company has a market cap of $7.10 billion, a P/E ratio of 12.79, a P/E/G ratio of 2.69 and a beta of 0.62. The business has a fifty day moving average price of $53.50 and a 200 day moving average price of $54.30.

Hedge Funds Weigh In On Commerce Bancshares

Several hedge funds have recently made changes to their positions in the company. Edgestream Partners L.P. grew its stake in Commerce Bancshares by 28.8% in the 2nd quarter. Edgestream Partners L.P. now owns 178,420 shares of the financial services provider’s stock valued at $11,092,000 after acquiring an additional 39,873 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Commerce Bancshares during the 2nd quarter worth $1,948,000. Robeco Institutional Asset Management B.V. boosted its stake in Commerce Bancshares by 59.5% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 102,227 shares of the financial services provider’s stock worth $6,109,000 after buying an additional 38,120 shares during the last quarter. Voya Investment Management LLC increased its stake in shares of Commerce Bancshares by 95.0% during the 3rd quarter. Voya Investment Management LLC now owns 194,642 shares of the financial services provider’s stock valued at $11,632,000 after acquiring an additional 94,841 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Commerce Bancshares by 11.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 273,933 shares of the financial services provider’s stock worth $17,030,000 after acquiring an additional 27,148 shares during the period. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Transactions at Commerce Bancshares

In other news, CEO John W. Kemper sold 23,397 shares of the company’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $53.99, for a total value of $1,263,204.03. Following the completion of the transaction, the chief executive officer owned 206,528 shares in the company, valued at approximately $11,150,446.72. This represents a 10.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Derrick Brooks sold 1,044 shares of the 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 completion of the transaction, the senior vice president directly owned 14,585 shares in the company, valued at $793,424. This trade represents a 6.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 27,667 shares of company stock valued at $1,493,323. Corporate insiders own 3.10% of the company’s stock.

Commerce Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th will be issued a $0.275 dividend. The ex-dividend date is Friday, March 6th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 2.1%. Commerce Bancshares’s dividend payout ratio is presently 26.25%.

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.