Zacks Research Has Bullish Forecast for CBSH FY2026 Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Investment analysts at Zacks Research raised their FY2026 earnings estimates for Commerce Bancshares in a research note issued to investors on Thursday, March 5th. Zacks Research analyst Team now expects that the financial services provider will post earnings per share of $4.04 for the year, up from their prior estimate of $4.03. 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’ Q1 2027 earnings at $1.07 EPS, Q2 2027 earnings at $1.10 EPS and FY2027 earnings at $4.41 EPS.

Several other brokerages also recently commented on CBSH. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Commerce Bancshares in a report on Monday, December 29th. Morgan Stanley dropped their price target 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. TD Cowen cut their price objective on Commerce Bancshares from $61.00 to $55.00 and set a “hold” rating on the stock in a report on Wednesday, January 7th. Finally, Piper Sandler set a $62.00 price objective on shares of Commerce Bancshares and gave the company a “neutral” rating in a research note on Monday, January 26th. One investment analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $61.51.

Commerce Bancshares Stock Down 2.2%

Shares of NASDAQ CBSH opened at $50.36 on Monday. The stock’s fifty day simple moving average is $53.30 and its 200 day simple moving average is $53.73. The stock has a market capitalization of $7.40 billion, a price-to-earnings ratio of 12.02, a PEG ratio of 2.53 and a beta of 0.61. Commerce Bancshares has a 52-week low of $48.69 and a 52-week high of $63.19.

Commerce Bancshares (NASDAQ:CBSH) last posted its quarterly earnings results on Thursday, January 22nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.02. The company had revenue of $449.36 million for the quarter, compared to analysts’ expectations of $442.47 million. Commerce Bancshares had a return on equity of 15.34% and a net margin of 26.51%.The firm’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.01 earnings per share.

Commerce Bancshares Announces Dividend

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

Insider Buying and Selling at Commerce Bancshares

In other news, SVP David L. Roller sold 2,092 shares of Commerce Bancshares stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $53.32, for a total transaction of $111,545.44. Following the completion of the sale, the senior vice president directly owned 28,933 shares in the company, valued at $1,542,707.56. The trade was a 6.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Derrick Brooks sold 1,044 shares of Commerce Bancshares stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $54.40, for a total value of $56,793.60. Following the sale, the senior vice president owned 14,585 shares of the company’s stock, valued at approximately $793,424. This represents a 6.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,667 shares of company stock worth $1,493,323 over the last 90 days. 3.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Commerce Bancshares

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CBSH. Daytona Street Capital LLC bought a new stake in Commerce Bancshares in the fourth quarter worth approximately $25,000. Danske Bank A S bought a new position in shares of Commerce Bancshares during the 3rd quarter valued at $25,000. Geneos Wealth Management Inc. lifted its stake in shares of Commerce Bancshares by 85.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 216 shares during the last quarter. Quent Capital LLC acquired a new stake in shares of Commerce Bancshares in the 3rd quarter valued at $31,000. Finally, CoreFirst Bank & Trust bought a new stake in Commerce Bancshares in the second quarter worth $33,000. Institutional investors own 70.26% of the company’s stock.

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.