Q1 EPS Forecast for Commerce Bancshares Lifted by Analyst

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Equities researchers at Zacks Research lifted their Q1 2025 earnings per share (EPS) estimates for shares of Commerce Bancshares in a research report issued to clients and investors on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the financial services provider will earn $0.91 per share for the quarter, up from their prior forecast of $0.89. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.93 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q2 2025 earnings at $0.95 EPS, FY2025 earnings at $3.82 EPS, Q1 2026 earnings at $1.03 EPS, Q2 2026 earnings at $1.01 EPS, Q3 2026 earnings at $1.01 EPS, FY2026 earnings at $4.08 EPS and FY2027 earnings at $4.42 EPS.

Several other research firms also recently weighed in on CBSH. Keefe, Bruyette & Woods upped their price target on Commerce Bancshares from $66.00 to $78.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 4th. StockNews.com upgraded Commerce Bancshares from a “sell” rating to a “hold” rating in a research note on Monday, January 13th. Wells Fargo & Company upped their price target on Commerce Bancshares from $67.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 29th. Raymond James downgraded Commerce Bancshares from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 19th. Finally, Piper Sandler upped their price objective on Commerce Bancshares from $69.00 to $72.00 and gave the company a “neutral” rating in a research report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.83.

Commerce Bancshares Stock Performance

CBSH stock opened at $64.00 on Thursday. Commerce Bancshares has a fifty-two week low of $47.89 and a fifty-two week high of $72.75. The business’s 50 day moving average price is $64.79 and its two-hundred day moving average price is $64.36. The company has a market capitalization of $8.21 billion, a price-to-earnings ratio of 15.96, a price-to-earnings-growth ratio of 2.17 and a beta of 0.80.

Commerce Bancshares (NASDAQ:CBSH) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $1.01 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.06. Commerce Bancshares had a return on equity of 16.31% and a net margin of 25.24%. The business had revenue of $422.10 million during the quarter, compared to analyst estimates of $417.48 million. During the same quarter in the prior year, the company posted $0.84 EPS. Commerce Bancshares’s quarterly revenue was up 7.3% compared to the same quarter last year.

Hedge Funds Weigh In On Commerce Bancshares

Institutional investors have recently bought and sold shares of the stock. Norges Bank purchased a new stake in Commerce Bancshares in the 4th quarter worth $86,327,000. American Century Companies Inc. grew its position in shares of Commerce Bancshares by 25.5% during the fourth quarter. American Century Companies Inc. now owns 3,675,031 shares of the financial services provider’s stock valued at $228,991,000 after purchasing an additional 745,661 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Commerce Bancshares by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 13,225,491 shares of the financial services provider’s stock valued at $824,080,000 after purchasing an additional 642,401 shares in the last quarter. Los Angeles Capital Management LLC grew its position in shares of Commerce Bancshares by 7,407.2% during the third quarter. Los Angeles Capital Management LLC now owns 362,900 shares of the financial services provider’s stock valued at $21,556,000 after purchasing an additional 358,066 shares in the last quarter. Finally, Aristotle Capital Management LLC grew its position in shares of Commerce Bancshares by 4.3% during the fourth quarter. Aristotle Capital Management LLC now owns 8,566,476 shares of the financial services provider’s stock valued at $533,777,000 after purchasing an additional 351,406 shares in the last quarter. 70.26% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Charles G. Kim sold 13,493 shares of the stock in a transaction on Friday, February 7th. The stock was sold at an average price of $67.76, for a total transaction of $914,285.68. Following the transaction, the chief financial officer now directly owns 86,246 shares of the company’s stock, valued at $5,844,028.96. This represents a 13.53 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Patricia R. Kellerhals sold 500 shares of the stock in a transaction on Monday, December 9th. The shares were sold at an average price of $68.55, for a total value of $34,275.00. Following the transaction, the senior vice president now directly owns 22,265 shares in the company, valued at $1,526,265.75. The trade was a 2.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 86,054 shares of company stock valued at $5,771,192 in the last ninety days. 3.20% of the stock is currently owned by company insiders.

Commerce Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 7th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.72%. This is a boost from Commerce Bancshares’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Friday, March 7th. Commerce Bancshares’s dividend payout ratio is presently 27.43%.

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.