Commerce Bancshares, Inc.

CBSH

US2005251036

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-07-12 pm EDT			5-day change	1st Jan Change
58.13 ^USD	+1.06%		+5.65%	+8.84%

Jul. 03	Jefferies Adjusts Price Target on Commerce Bancshares to $62 From $60, Maintains Hold Rating	MT
Jul. 01	Commerce Bancshares, Inc.(NasdaqGS:CBSH) added to Russell 1000 Dynamic Index	CI

Commerce Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022

January 19, 2023 at 06:00 am EST

Commerce Bancshares, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 254.64 million compared to USD 207.66 million a year ago. Net income was USD 131.63 million compared to USD 114.91 million a year ago. Basic earnings per share from continuing operations was USD 1 compared to USD 0.8571 a year ago. Diluted earnings per share from continuing operations was USD 0.9905 compared to USD 0.8571 a year ago.
For the full year, net interest income was USD 942.19 million compared to USD 835.42 million a year ago. Net income was USD 488.4 million compared to USD 530.77 million a year ago. Basic earnings per share from continuing operations was USD 3.6762 compared to USD 3.9238 a year ago. Diluted earnings per share from continuing operations was USD 3.6667 compared to USD 3.9143 a year ago.

Latest news about Commerce Bancshares, Inc.

Jefferies Adjusts Price Target on Commerce Bancshares to $62 From $60, Maintains Hold Rating	Jul. 03	MT
Commerce Bancshares, Inc.(NasdaqGS:CBSH) added to Russell 1000 Dynamic Index	Jun. 30	CI
Commerce Bancshares Insider Sold Shares Worth $1,509,070, According to a Recent SEC Filing	May. 14	MT
North American Morning Briefing : Stock Futures -2-	Apr. 19	DJ
Commerce Bancshares Board Approves Share Repurchase Program	Apr. 18	MT
Commerce Bancshares, Inc. announces an Increase in Equity Buyback.	Apr. 17	CI
Commerce Bancshares Maintains Quarterly Dividend at $0.27 Per Share; Payable June 18 to Shareholders of Record June 5	Apr. 17	MT
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock, Payable on June 18, 2024	Apr. 17	CI
Keefe Bruyette & Woods Adjusts Commerce Bancshares Price Target to $58 From $56, Maintains Market Perform Rating	Apr. 17	MT
Piper Sandler Adjusts Price Target on Commerce Bancshares to $54 From $53, Keeps Neutral Rating	Apr. 17	MT
Raymond James Upgrades Commerce Bancshares to Outperform From Market Perform, Price Target is $61	Apr. 17	MT
Commerce Bancshares' Earnings Down, Revenue Up	Apr. 16	MT
Earnings Flash (CBSH) COMMERCE BANCSHARES Posts Q1 Revenue $397.8M, vs. Street Est of $389.5M	Apr. 16	MT
Earnings Flash (CBSH) COMMERCE BANCSHARES Posts Q1 EPS $0.86, vs. Street Est of $0.81	Apr. 16	MT
Commerce Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 16	CI
Tranche Update on Commerce Bancshares, Inc.'s Equity Buyback Plan announced on October 21, 2005.	Apr. 15	CI
North American Morning Briefing : Stock Futures -2-	Apr. 15	DJ
Commerce Bancshares Insider Sold Shares Worth $263,275, According to a Recent SEC Filing	Mar. 12	MT
Commerce Bancshares Inc /mo/ Insider Sold Shares Worth $1,013,229, According to a Recent SEC Filing	Mar. 06	MT
Tranche Update on Commerce Bancshares, Inc.'s Equity Buyback Plan announced on October 21, 2005.	Feb. 22	CI
Commerce Bancshares Keeps Quarterly Dividend at $0.27 a Share, Payable March 25 to Shareholders as of March 7	Feb. 02	MT
Commerce Bancshares, Inc. Declares Quarterly Cash Dividend, Payable on March 25, 2024	Feb. 02	CI
Commerce Bancshares Q4 Earnings Decline, Revenue Increases	Jan. 18	MT
Earnings Flash (CBSH) COMMERCE BANCSHARES Posts Q4 Revenue $393.3M, vs. Street Est of $385.9M	Jan. 18	MT
Earnings Flash (CBSH) COMMERCE BANCSHARES Reports Q4 EPS $0.84, vs. Street Est of $0.85	Jan. 18	MT

Chart Commerce Bancshares, Inc.

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Company Profile

Commerce Bancshares, Inc. is a bank holding company of Commerce Bank (the Bank). The Bank is engaged in the general banking business, providing a range of retail, mortgage banking, corporate, investment, trust, and asset management products and services. It operates over 257 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado. The Company's segments include Commercial, Consumer and Wealth. The Commercial segment offers corporate lending, merchant and commercial bank card products, payment solutions, leasing, and international services, as well as business and government deposit, investment, institutional brokerage and others. The Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, and consumer debit and credit bank card activities. The Wealth segment provides traditional trust and estate planning services, consumer brokerage services, and advisory and discretionary investment portfolio management services.

Sector

Banks

Calendar

2024-07-18 - Q2 2024 Earnings Release

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Ratings for Commerce Bancshares, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

58.13 USD

Average target price

58.75 USD

Spread / Average Target

+1.07%

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EPS Revisions

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Quarterly earnings - Rate of surprise

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