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Financial Services - Banks - Regional - NASDAQ - US
$ 55.85
0.776 %
$ 7.49 B
Market Cap
14.43
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CBSH stock under the worst case scenario is HIDDEN Compared to the current market price of 55.9 USD, Commerce Bancshares, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CBSH stock under the base case scenario is HIDDEN Compared to the current market price of 55.9 USD, Commerce Bancshares, Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CBSH stock under the best case scenario is HIDDEN Compared to the current market price of 55.9 USD, Commerce Bancshares, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CBSH

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$72.0$72.0$70.0$70.0$68.0$68.0$66.0$66.0$64.0$64.0$62.0$62.0$60.0$60.0$58.0$58.0$56.0$56.0$54.0$54.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.47 B REVENUE
6.39%
0 OPERATING INCOME
0.00%
534 M NET INCOME
10.15%
578 M OPERATING CASH FLOW
18.23%
484 M INVESTING CASH FLOW
-77.85%
-373 M FINANCING CASH FLOW
57.77%
423 M REVENUE
-20.92%
0 OPERATING INCOME
0.00%
137 M NET INCOME
-6.83%
-137 M OPERATING CASH FLOW
-32.52%
-485 M INVESTING CASH FLOW
-104.62%
847 M FINANCING CASH FLOW
106.38%
Balance Sheet Commerce Bancshares, Inc.
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Current Assets 10.2 B
Cash & Short-Term Investments 10.2 B
Receivables 0
Other Current Assets 0
Non-Current Assets 635 M
Long-Term Investments 0
PP&E 475 M
Other Non-Current Assets 160 M
94.14 %4.38 %Total Assets$10.8b
Current Liabilities 0
Accounts Payable 0
Short-Term Debt 0
Other Current Liabilities 0
Non-Current Liabilities 56 K
Long-Term Debt 56 K
Other Non-Current Liabilities 0
100.00 %Total Liabilities$56.0k
EFFICIENCY
Earnings Waterfall Commerce Bancshares, Inc.
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Revenue 1.47 B
Cost Of Revenue 0
Gross Profit 1.47 B
Operating Expenses 1.66 B
Operating Income 0
Other Expenses -534 M
Net Income 534 M
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m00(200m)(200m)1b01b(2b)0534m534mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
0.00% OPERATING MARGIN
0.00%
35.82% NET MARGIN
35.82%
15.90% ROE
15.90%
1.64% ROA
1.64%
0.00% ROIC
0.00%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Commerce Bancshares, Inc.
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600m600m500m500m400m400m300m300m200m200m100m100m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 534 M
Depreciation & Amortization 53.2 M
Capital Expenditures 0
Stock-Based Compensation 17 M
Change in Working Capital 0
Others -26.2 M
Free Cash Flow 578 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Commerce Bancshares, Inc.
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Wall Street analysts predict an average 1-year price target for CBSH of $65.5 , with forecasts ranging from a low of $62 to a high of $68.5 .
CBSH Lowest Price Target Wall Street Target
62 USD 11.01%
CBSH Average Price Target Wall Street Target
65.5 USD 17.28%
CBSH Highest Price Target Wall Street Target
68.5 USD 22.65%
Price
Max Price Target
Min Price Target
Average Price Target
7575707065656060555550504545May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.41% DIVIDEND YIELD
0.275 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.200001.200001.000001.000000.800000.800000.600000.600000.400000.400000.200000.200000.000000.000000.176290.176290.185110.193340.21390.222130.227190.240360.24490.270.2750.176290.176290.176290.184130.22460.233240.238550.252380.257140.270.176290.176290.176290.184130.22460.233240.227190.252380.24490.270.176060.700.176290.710.185110.720.2030.760.22460.890.24490.930.250480.940.240360.990.244760.990.257141.070.282015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
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6. Ownership
Insider Ownership Commerce Bancshares, Inc.
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Sold
0-3 MONTHS
5.59 M USD 10
3-6 MONTHS
3.11 M USD 11
6-9 MONTHS
5.27 M USD 12
9-12 MONTHS
1.51 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
ASB or CBSH: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Banks - Midwest sector might want to consider either Associated Banc-Corp (ASB) or Commerce Bancshares (CBSH). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 2 weeks ago
Here's Why You Should Add Commerce Bancshares Stock to Your Portfolio CBSH stock remains well-positioned for growth given loan demand, relatively higher rates and repositioning efforts, making it an attractive bet for investors. zacks.com - 3 weeks ago
Commerce (CBSH) Upgraded to Strong Buy: What Does It Mean for the Stock? Commerce (CBSH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. zacks.com - 1 month ago
ASB or CBSH: Which Is the Better Value Stock Right Now? Investors interested in Banks - Midwest stocks are likely familiar with Associated Banc-Corp (ASB) and Commerce Bancshares (CBSH). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 1 month ago
31 Upcoming Dividend Increases, Including 3 Kings This week sees 31 dividend increases, including three Dividend Kings: Genuine Parts, Commerce Bancshares, and Kimberly-Clark, showcasing impressive financial stability and growth. My investment strategy prioritizes companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation and portfolio prosperity. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. seekingalpha.com - 1 month ago
4 Must-Buy Efficient Stocks to Buy for Solid Gains Amid Volatility Invest in companies like DECK, FLXS, CBSH and BANF to make the most of higher efficiency levels. zacks.com - 1 month ago
2025 Dividend Kings - Off To A Strong Start The Dividend Kings are outperforming the S&P 500 in 2025, up 4% YTD versus 1.39% for SPY. Ten Dividend Kings have already achieved double-digit returns, led by National Fuel Gas (+22.08%) and Abbott Laboratories (+20.71%). 2025 Dividend growth is looking promising, with ABM Industries and Walmart leading with 17.78% and 15.69% increases, respectively. seekingalpha.com - 1 month ago
Best Income Stocks to Buy for February 19th HMN, SONY and CBSH made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 19, 2024. zacks.com - 2 months ago
Here's Why Commerce Bancshares (CBSH) is a Strong Momentum Stock Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. zacks.com - 2 months ago
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock, which compares to the prior dividend of $0.257 as adjusted for the 5% stock dividend that was paid on December 18, 2024. This represents an increase in the quarterly dividend per share of 7% and marks the 57th consecutive year that the Company has increased its regular cash dividend per share. The. businesswire.com - 2 months ago
Why Commerce Bancshares (CBSH) is a Top Momentum Stock for the Long-Term Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 2 months ago
What Can The Dividend Kings Deliver In 2025? The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by earnings growth and dividends, with the change in P/E ratio being a detractor. I breakdown the components of total return for each Dividend King by sector to gain insights into current valuation. seekingalpha.com - 2 months ago
8. Profile Summary

Commerce Bancshares, Inc. CBSH

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COUNTRY US
INDUSTRY Banks - Regional
MARKET CAP $ 7.49 B
Dividend Yield 0.41%
Description 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. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.
Contact 1000 Walnut, Kansas City, MO, 64106 https://www.commercebank.com
IPO Date March 17, 1980
Employees 4537
Officers Mr. Paul A. Steiner Controller & Chief Accounting Officer Mr. Kevin Gene Barth Executive Vice President Ms. Margaret M. Rowe Senior Vice President, General Counsel, Secretary & Executive Director of Corporate Risk Management Mr. David L. Roller Senior Vice President & Chief Information Officer Mr. John W. Kemper President, Chief Executive Officer & Director Mr. Matthew Burkemper Director of Finance, Corporate Development & Investor Relations Mr. Robert S. Holmes Executive Vice President Mr. Charles G. Kim Executive Vice President & Chief Financial Officer Mr. John Koeneman Handy Executive Vice President Mr. David W. Kemper Executive Chairman