Zacks Research Issues Pessimistic Estimate for CBSH Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Analysts at Zacks Research dropped their FY2026 EPS estimates for Commerce Bancshares in a report released on Thursday, August 28th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $4.38 per share for the year, down from their previous estimate of $4.39. 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’ Q4 2026 earnings at $1.14 EPS and Q2 2027 earnings at $1.13 EPS.

Commerce Bancshares (NASDAQ:CBSH) last released its earnings results on Wednesday, July 16th. The financial services provider reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.12. The firm had revenue of $445.76 million for the quarter, compared to analysts’ expectations of $434.11 million. Commerce Bancshares had a net margin of 26.37% and a return on equity of 16.01%. The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.02 earnings per share.

Other research analysts have also recently issued reports about the stock. Wells Fargo & Company boosted their target price on shares of Commerce Bancshares from $62.00 to $69.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. Morgan Stanley boosted their target price on shares of Commerce Bancshares from $58.00 to $61.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 17th. Piper Sandler boosted their target price on shares of Commerce Bancshares from $66.50 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. Bank of America boosted their target price on shares of Commerce Bancshares from $69.00 to $71.00 and gave the company a “neutral” rating in a research note on Tuesday, June 24th. Finally, Wall Street Zen lowered shares of Commerce Bancshares from a “hold” rating to a “sell” rating in a research report on Wednesday, May 21st. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, Commerce Bancshares currently has an average rating of “Hold” and a consensus target price of $68.20.

Commerce Bancshares Stock Down 0.1%

CBSH opened at $61.94 on Monday. The stock has a market cap of $8.27 billion, a price-to-earnings ratio of 14.75, a PEG ratio of 2.83 and a beta of 0.61. Commerce Bancshares has a twelve month low of $52.69 and a twelve month high of $72.75. The company’s 50-day moving average price is $62.54 and its two-hundred day moving average price is $62.14.

Institutional Trading of Commerce Bancshares

Hedge funds and other institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings in Commerce Bancshares by 191.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 451 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 296 shares during the period. IMA Advisory Services Inc. bought a new stake in Commerce Bancshares during the 1st quarter worth approximately $29,000. Geneos Wealth Management Inc. increased its holdings in Commerce Bancshares by 85.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 216 shares during the period. CoreFirst Bank & Trust bought a new stake in Commerce Bancshares during the 2nd quarter worth approximately $33,000. Finally, Allworth Financial LP increased its holdings in Commerce Bancshares by 55.0% during the 1st quarter. Allworth Financial LP now owns 651 shares of the financial services provider’s stock worth $40,000 after acquiring an additional 231 shares during the period. Institutional investors own 70.26% of the company’s stock.

Commerce Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be given a $0.275 dividend. The ex-dividend date of this dividend is Friday, September 5th. This represents a $1.10 annualized dividend and a dividend yield of 1.8%. Commerce Bancshares’s payout ratio is 26.19%.

Commerce Bancshares Company Profile

Commerce Bancshares, Inc operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth.