Zacks Research Brokers Lower Earnings Estimates for CBSH

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Stock analysts at Zacks Research cut their Q1 2026 EPS estimates for Commerce Bancshares in a research note issued to investors on Thursday, April 2nd. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $0.88 per share for the quarter, down from their prior forecast of $0.89. 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’ Q2 2026 earnings at $1.00 EPS, Q3 2026 earnings at $1.03 EPS, Q4 2026 earnings at $1.06 EPS, Q1 2027 earnings at $1.09 EPS and Q3 2027 earnings at $1.10 EPS.

A number of other equities research analysts also recently commented on CBSH. Wells Fargo & Company reduced their target price on Commerce Bancshares from $60.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Monday, March 30th. Piper Sandler set a $62.00 price objective on Commerce Bancshares and gave the stock a “neutral” rating in a research report on Monday, January 26th. Weiss Ratings restated a “hold (c)” rating on shares of Commerce Bancshares in a report on Friday, March 27th. Morgan Stanley decreased their target price on shares of Commerce Bancshares from $67.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Monday, March 2nd. Finally, TD Cowen lowered their target price on shares of Commerce Bancshares from $61.00 to $55.00 and set a “hold” rating for the company in a research note on Wednesday, January 7th. One analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $60.92.

Commerce Bancshares Stock Performance

CBSH opened at $49.88 on Friday. The business’s 50 day moving average price is $51.23 and its 200 day moving average price is $52.42. The stock has a market capitalization of $7.33 billion, a PE ratio of 11.90, a P/E/G ratio of 2.50 and a beta of 0.60. Commerce Bancshares has a one year low of $46.99 and a one year 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 for the quarter, beating the consensus estimate of $0.99 by $0.02. The business had revenue of $449.36 million during the quarter, compared to analysts’ expectations of $442.47 million. Commerce Bancshares had a net margin of 26.51% and a return on equity of 15.34%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.01 EPS.

Institutional Investors Weigh In On Commerce Bancshares

A number of hedge funds have recently added to or reduced their stakes in CBSH. Norges Bank acquired a new position in shares of Commerce Bancshares in the fourth quarter worth $85,282,000. Champlain Investment Partners LLC acquired a new stake in shares of Commerce Bancshares in the fourth quarter valued at $58,830,000. Vanguard Group Inc. boosted its holdings in Commerce Bancshares by 8.1% in the fourth quarter. Vanguard Group Inc. now owns 14,690,039 shares of the financial services provider’s stock valued at $768,877,000 after purchasing an additional 1,098,142 shares during the period. Victory Capital Management Inc. boosted its holdings in Commerce Bancshares by 1,433.7% in the fourth quarter. Victory Capital Management Inc. now owns 1,145,683 shares of the financial services provider’s stock valued at $59,965,000 after purchasing an additional 1,070,980 shares during the period. Finally, First Trust Advisors LP grew its stake in Commerce Bancshares by 37.4% during the 4th quarter. First Trust Advisors LP now owns 2,352,406 shares of the financial services provider’s stock worth $123,125,000 after purchasing an additional 640,928 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Commerce Bancshares

In other Commerce Bancshares 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 value of $111,545.44. Following the completion of the transaction, the senior vice president directly owned 28,933 shares of the company’s stock, valued at $1,542,707.56. The trade was a 6.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Kim L. Jakovich sold 949 shares of the business’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $51.45, for a total transaction of $48,826.05. Following the sale, the senior vice president owned 12,741 shares in the company, valued at $655,524.45. This trade represents a 6.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 29,477 shares of company stock worth $1,586,655 over the last ninety days. Company insiders own 1.80% of the company’s stock.

Commerce Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 6th were paid a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, March 6th. This represents a $1.10 annualized dividend and a yield of 2.2%. 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.