Stock of the Day

May 31, 2023

Commerce Bancshares (CBSH)

$57.71
-$0.33 (-0.6%)
Market Cap: $8.32B

About Commerce Bancshares

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; retail branch network; 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. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Today's Trend

Commerce Bancshares, Inc. (NASDAQ: CBSH) has recently edged lower despite favorable analyst revisions. The main positive catalyst is improving earnings expectations, while a small insider share sale may be adding modest caution.

  • Zacks Research raised its earnings forecasts across multiple periods. The firm increased its FY2026 EPS estimate to $4.22 from $4.07, FY2027 to $4.51 from $4.40, and FY2028 to $4.98 from $4.96. It also lifted estimates for Q3 2026, Q4 2026, and each quarter of 2027 and Q1 2028. The revisions suggest stronger expected earnings momentum for Commerce Bancshares and are potentially supportive of the stock. Commerce Bancshares analyst estimates
  • The revised FY2026 EPS estimate of $4.22 matches the existing consensus forecast, meaning the changes improve Zacks Research’s outlook but do not yet represent an increase in the broader analyst consensus. CBSH’s recent quarterly results also showed earnings and revenue above estimates, although EPS was below the year-ago quarter, which may limit the immediate impact of the revisions.
  • Senior Vice President David L. Roller sold 830 shares of Commerce Bancshares on August 6. The transaction is relatively small and does not necessarily signal a change in the company’s fundamentals, but insider selling can create modestly negative investor sentiment. Commerce Bancshares insider trading report
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