Zacks Research Brokers Lower Earnings Estimates for CBSH

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Stock analysts at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of 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.

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

Commerce Bancshares Price Performance

Shares of Commerce Bancshares stock opened at $49.88 on Friday. The company has a market cap 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 52 week low of $46.99 and a 52 week high of $63.19. The business has a 50 day moving average of $51.23 and a 200 day moving average of $52.39.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Danske Bank A S purchased a new stake in shares of Commerce Bancshares in the 3rd quarter worth $25,000. Geneos Wealth Management Inc. raised its holdings in Commerce Bancshares by 85.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 216 shares during the period. Daytona Street Capital LLC purchased a new position in Commerce Bancshares during the fourth quarter valued at $25,000. Quent Capital LLC purchased a new position in Commerce Bancshares during the third quarter valued at $31,000. Finally, CoreFirst Bank & Trust bought a new stake in Commerce Bancshares during the second quarter valued at about $33,000. Hedge funds and other institutional investors own 70.26% of the company’s stock.

Insider Activity

In related news, CEO John W. Kemper sold 23,397 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $53.99, for a total transaction of $1,263,204.03. Following the completion of the sale, the chief executive officer directly owned 206,528 shares in the company, valued at approximately $11,150,446.72. The trade was a 10.18% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Timothy S. Dunn bought 2,500 shares of Commerce Bancshares stock in a transaction on Friday, March 13th. The shares were acquired at an average cost of $47.71 per share, with a total value of $119,275.00. Following the completion of the acquisition, the director owned 5,403 shares of the company’s stock, valued at $257,777.13. The trade was a 86.12% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have sold 29,477 shares of company stock worth $1,586,655. Company insiders own 1.80% of the company’s stock.

Commerce Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 6th were given 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 dividend 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.