Commerce Bancshares (CBSH) Set to Announce Earnings on Tuesday
Commerce Bancshares (NASDAQ:CBSH) is set to post its Q313 quarterly earnings results on Tuesday, October 15th. Analysts expect Commerce Bancshares to post earnings of $0.72 per share and revenue of $254.92 million for the quarter.
Commerce Bancshares (NASDAQ:CBSH) opened at 44.68 on Monday. Commerce Bancshares has a 52 week low of $34.69 and a 52 week high of $47.53. The stock has a 50-day moving average of $43.57 and a 200-day moving average of $43.21. The company has a market cap of $4.052 billion and a P/E ratio of 15.58.
On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Commerce Bancshares in a research note to investors on Monday, August 26th. They now have a $47.50 price target on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $43.81.
Commerce Bancshares, Inc is a bank holding company. Through a wholly owned bank holding company, it owns all of the outstanding capital stock of Commerce Bank (NASDAQ:CBSH).
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