
CBSH
Commerce Bancshares Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
62.180
Open
61.740
VWAP
61.86
Vol
690.70K
Mkt Cap
8.28B
Low
61.190
Amount
42.73M
EV/EBITDA(TTM)
13.78
Total Shares
129.54M
EV
10.20B
EV/OCF(TTM)
4.58
P/S(TTM)
5.59
Commerce Bancshares, Inc. is a bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. The Company’s subsidiary, Commerce Bank (the Bank), operates full-service banking facilities across the Midwest, including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston, and Naples. Its segments include Commercial, Consumer, and Wealth. The Commercial segment provides a full array of 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 cash management services.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q1
FY2025Q4
FY2025Q3
484.30M
+14.55%
1.003
+2.38%
448.13M
+5.36%
1.086
+7.52%
447.03M
+4.56%
1.104
+8.34%
Estimates Revision
The market is revising Upward the revenue expectations for Commerce Bancshares, Inc. (CBSH) for FY2025, with the revenue forecasts being adjusted by 2% over the past three months. During the same period, the stock price has changed by 1.64%.
Revenue Estimates for FY2025
Revise Upward

+2%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward

+4.87%
In Past 3 Month
Stock Price
Go Up

+1.64%
In Past 3 Month
6 Analyst Rating

7.37% Upside
Wall Street analysts forecast CBSH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CBSH is 66.60 USD with a low forecast of 60.00 USD and a high forecast of 71.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
6 Hold
0 Sell
Hold

7.37% Upside
Current: 62.030

Low
60.00
Averages
66.60
High
71.00

7.37% Upside
Current: 62.030

Low
60.00
Averages
66.60
High
71.00
Wells Fargo
Equal Weight
maintain
$62 -> $69
2025-07-21
New
Reason
Wells Fargo
Price Target
$62 -> $69
2025-07-21
New
maintain
Equal Weight
Reason
Wells Fargo raised the firm's price target on Commerce Bancshares to $69 from $62 and keeps an Equal Weight rating on the shares. The firm cites consistently strong execution, with another beat and raise quarter. Fixed asset repricing remains a tailwind, but EPS growth stalls until the second half of 2026, owing limited deposit repricing opportunity, rate cuts, and FNBT acquisition, Wells adds. The premium valuation keeps the firm on the sidelines.
Piper Sandler
Nathan Race
Neutral
maintain
$70
2025-07-17
Reason
Piper Sandler
Nathan Race
Price Target
$70
2025-07-17
maintain
Neutral
Reason
Piper Sandler analyst Nathan Race raised the firm's price target on Commerce Bancshares to $70 from $66.50 and keeps a Neutral rating on the shares. The firm says that while the company's Q2 results exceeded expectations and drove its estimates higher due to the higher net interest margin starting point, it appears that net interest income growth will likely slow in the second half of 2025 given some likely non-recurring benefits in Q2, a softer loan pipeline recently and less remaining funding cost leverage.
BofA
Neutral
maintain
$71 -> $73
2025-07-13
Reason
BofA
Price Target
$71 -> $73
2025-07-13
maintain
Neutral
Reason
BofA raised the firm's price target on Commerce Bancshares to $73 from $71 and keeps a Neutral rating on the shares. The firm adjusted regional bank price targets as part of a Q2 earnings preview. A lack of interest rate cuts delay a rebound in growth, but "resilient" earnings, an acceleration in loan growth, and investment banking activity server as catalysts for the stocks, the analyst tells investors in a research note.
Morgan Stanley
Equal Weight
maintain
$61 -> $66
2025-07-03
Reason
Morgan Stanley
Price Target
$61 -> $66
2025-07-03
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Commerce Bancshares to $66 from $61 and keeps an Equal Weight rating on the shares. Midcap banks are trading at their widest discount to the largest banks in over 10 years, and the setup is positive going into earnings with green shoots on loan acceleration, benign credit and ongoing benefits to net interest income, the analyst tells investors in a research note.
BofA
Neutral
maintain
$69 -> $71
2025-06-24
Reason
BofA
Price Target
$69 -> $71
2025-06-24
maintain
Neutral
Reason
BofA raised the firm's price target on Commerce Bancshares to $71 from $69 and keeps a Neutral rating on the shares. Commerce will acquire FineMark in an all-stock transaction valued at approximately $585M, notes the analyst following the deal announcement on June 16. The firm believes the deal aligns with the bank's growth strategy, specifically in wealth management, though BofA sees it as more as a bolt-on acquisition, the analyst tells investors. The firm raised its 2026 EPS estimate by 5.5% to $4.48 from $4.25, the analyst noted.
Morgan Stanley
Equal Weight
maintain
$58 -> $61
2025-06-18
Reason
Morgan Stanley
Price Target
$58 -> $61
2025-06-18
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Commerce Bancshares to $61 from $58 and keeps an Equal Weight rating on the shares. The firm is increasing its 2026 EPS estimate by 5% to $4.50 by baking in the FineMark acquisition, the analyst tells investors. The firm, which models revenue related synergies to wealth fees and loan growth beginning only in 2027, is also raising its 2027 EPS estimate by 6% to $4.80.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Commerce Bancshares Inc (CBSH.O) is 14.30, compared to its 5-year average forward P/E of 16.72. For a more detailed relative valuation and DCF analysis to assess Commerce Bancshares Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued
5Y Average PE
16.72
Current PE
14.30
Overvalued PE
18.88
Undervalued PE
14.57
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
5.10
Current PS
4.45
Overvalued PS
5.86
Undervalued PS
4.34
Financials
Annual
Quarterly
FY2025Q1
YoY :
+10.40%
379.91M
Total Revenue
FY2025Q1
YoY :
+10.00%
176.12M
Operating Profit
FY2025Q1
YoY :
+13.15%
130.63M
Net Income after Tax
FY2025Q1
YoY :
+19.51%
0.98
EPS - Diluted
FY2025Q1
YoY :
-200.21%
860.86M
Free Cash Flow
FY2025Q1
YoY :
+656.88%
146.38
FCF Margin - %
FY2025Q1
YoY :
+2.50%
34.39
Net Margin - %
FY2025Q1
YoY :
+26.72%
9.58
ROIC
Trading Trends
Insider
Insiders areSelling! The selling amount has increased 958.66% over the last month.
Sold
0-3
Months
163.9K
USD
2
3-6
Months
3.7M
USD
10
6-9
Months
3.2M
USD
17
0-12
Months
2.1M
USD
4
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
31.6K
Volume
1
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
0
0.0
Volume
Months
6-9
1
6.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders areSelling! The selling amount has increased 958.66% over the last month.
Sold
0-3
Months
163.9K
USD
2
3-6
Months
3.7M
USD
10
6-9
Months
3.2M
USD
17
0-12
Months
2.1M
USD
4
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
CBSH News & Events
Events Timeline
2025-07-16 (ET)
2025-07-16
06:04:23
Commerce Bancshares reports Q2 EPS $1.14, consensus $1.04

2025-06-16 (ET)
2025-06-16
07:37:08
Commerce Bancshares to acquire FineMark in $585M all-stock transaction

2025-01-31 (ET)
2025-01-31
12:46:26
Commerce Bancshares raises dividend 7% to 27.5c per share

Sign Up For More Events
Sign Up For More Events
News
8.0
07-25NewsfilterCommerce Bancshares, Inc. Declares Cash Dividend on Common Stock
3.0
07-25NASDAQ.COM4 Must-Buy Efficient Stocks for Solid Gains Amid Volatility
3.0
07-25NASDAQ.COMPeek Under The Hood: ONEV Has 10% Upside
Sign Up For More News
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FAQ

What is Commerce Bancshares Inc (CBSH) stock price today?
The current price of CBSH is 62.03 USD — it has increased 0.42 % in the last trading day.

What is Commerce Bancshares Inc (CBSH)'s business?

What is the price predicton of CBSH Stock?

What is Commerce Bancshares Inc (CBSH)'s revenue for the last quarter?

What is Commerce Bancshares Inc (CBSH)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Commerce Bancshares Inc (CBSH)'s fundamentals?

How many employees does Commerce Bancshares Inc (CBSH). have?
