Q2 EPS Estimate for Commerce Bancshares Decreased by Analyst

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Investment analysts at Zacks Research cut their Q2 2026 EPS estimates for Commerce Bancshares in a research report issued on Thursday, September 11th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $1.08 per share for the quarter, down from their prior estimate of $1.10. 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’ Q4 2026 earnings at $1.13 EPS, FY2026 earnings at $4.22 EPS, Q1 2027 earnings at $1.13 EPS, Q2 2027 earnings at $1.12 EPS and FY2027 earnings at $4.86 EPS.

CBSH has been the topic of a number of other research reports. Piper Sandler boosted their target price on Commerce Bancshares from $66.50 to $70.00 and gave the company a “neutral” rating in a report on Thursday, July 17th. Wells Fargo & Company boosted their price objective on shares of Commerce Bancshares from $62.00 to $69.00 and gave the company an “equal weight” rating in a research note on Monday, July 21st. Wall Street Zen cut shares of Commerce Bancshares from a “hold” rating to a “sell” rating in a research note on Wednesday, May 21st. Bank of America lifted their target price on shares of Commerce Bancshares from $69.00 to $71.00 and gave the company a “neutral” rating in a report on Tuesday, June 24th. Finally, Morgan Stanley boosted their price target on shares of Commerce Bancshares from $58.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Tuesday, June 17th. Seven equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $68.20.

Commerce Bancshares Stock Up 0.3%

CBSH opened at $60.11 on Friday. Commerce Bancshares has a 52 week low of $52.69 and a 52 week high of $72.75. The business has a 50 day moving average price of $62.27 and a two-hundred day moving average price of $61.91. The company has a market cap of $8.02 billion, a PE ratio of 14.31, a P/E/G ratio of 2.74 and a beta of 0.61.

Commerce Bancshares (NASDAQ:CBSH) last announced its earnings results on Wednesday, July 16th. The financial services provider reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.12. Commerce Bancshares had a net margin of 26.37% and a return on equity of 16.01%. The business had revenue of $445.76 million during the quarter, compared to the consensus estimate of $434.11 million. During the same quarter in the prior year, the firm earned $1.02 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year.

Commerce Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, September 5th. Commerce Bancshares’s dividend payout ratio (DPR) is currently 26.19%.

Institutional Trading of Commerce Bancshares

A number of institutional investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC purchased a new position in Commerce Bancshares in the first quarter valued at about $1,855,000. HighTower Advisors LLC grew its holdings in shares of Commerce Bancshares by 39.5% in the 1st quarter. HighTower Advisors LLC now owns 19,259 shares of the financial services provider’s stock worth $1,198,000 after acquiring an additional 5,453 shares during the period. GAMMA Investing LLC increased its stake in Commerce Bancshares by 64.9% in the 1st quarter. GAMMA Investing LLC now owns 1,878 shares of the financial services provider’s stock valued at $117,000 after purchasing an additional 739 shares in the last quarter. Novem Group raised its holdings in Commerce Bancshares by 35.3% during the first quarter. Novem Group now owns 16,663 shares of the financial services provider’s stock worth $1,037,000 after purchasing an additional 4,344 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Commerce Bancshares by 2.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,321,855 shares of the financial services provider’s stock worth $144,479,000 after purchasing an additional 49,737 shares in the last quarter. Hedge funds and other institutional investors own 70.26% of the company’s stock.

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.