Zacks Research Issues Optimistic Outlook for CBSH Earnings

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for Commerce Bancshares in a note issued to investors on Thursday, August 6th. Zacks Research analyst Team now expects that the financial services provider will post earnings of $1.07 per share for the quarter, up from their prior forecast of $1.03. The consensus estimate for Commerce Bancshares’ current full-year earnings is $4.22 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q4 2026 earnings at $1.09 EPS, FY2026 earnings at $4.22 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $1.12 EPS, Q3 2027 earnings at $1.14 EPS, Q4 2027 earnings at $1.16 EPS, FY2027 earnings at $4.51 EPS, Q1 2028 earnings at $1.19 EPS and FY2028 earnings at $4.98 EPS.

Several other equities analysts have also issued reports on the company. Morgan Stanley reissued a “positive” rating and set a $65.00 target price (up from $61.00) on shares of Commerce Bancshares in a research note on Monday, June 29th. Wells Fargo & Company boosted their price target on shares of Commerce Bancshares from $53.00 to $57.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Stephens set a $64.00 price target on shares of Commerce Bancshares and gave the stock an “equal weight” rating in a research report on Friday, July 17th. Wall Street Zen raised shares of Commerce Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday, July 28th. Finally, Hovde Group lowered their price objective on shares of Commerce Bancshares from $63.00 to $60.00 and set an “outperform” rating for the company in a research note on Wednesday, April 22nd. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $62.43.

Commerce Bancshares Trading Down 0.9%

Shares of NASDAQ CBSH opened at $59.13 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $8.62 billion, a PE ratio of 14.32, a PEG ratio of 2.14 and a beta of 0.59. Commerce Bancshares has a twelve month low of $46.99 and a twelve month high of $60.92. The stock has a fifty day simple moving average of $56.96 and a 200-day simple moving average of $53.38.

Commerce Bancshares (NASDAQ:CBSH) last released its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. Commerce Bancshares had a return on equity of 14.31% and a net margin of 26.07%.The company had revenue of $498.91 million for the quarter, compared to analysts’ expectations of $492.22 million. During the same period in the prior year, the firm earned $1.14 earnings per share.

Hedge Funds Weigh In On Commerce Bancshares

Hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new stake in shares of Commerce Bancshares during the 2nd quarter worth approximately $172,000. Bank of New York Mellon Corp purchased a new position in shares of Commerce Bancshares in the 2nd quarter valued at $54,444,000. Focus Partners Advisor Solutions LLC acquired a new stake in Commerce Bancshares during the 2nd quarter worth $1,264,000. Fulton Bank N.A. raised its stake in Commerce Bancshares by 21.8% during the 2nd quarter. Fulton Bank N.A. now owns 11,757 shares of the financial services provider’s stock worth $679,000 after acquiring an additional 2,105 shares in the last quarter. Finally, Trust Point Inc. lifted its position in Commerce Bancshares by 10.6% in the second quarter. Trust Point Inc. now owns 4,919 shares of the financial services provider’s stock valued at $284,000 after acquiring an additional 471 shares during the last quarter. 70.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Commerce Bancshares news, EVP Robert S. Holmes sold 5,000 shares of Commerce Bancshares stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $60.20, for a total transaction of $301,000.00. Following the completion of the sale, the executive vice president directly owned 55,962 shares of the company’s stock, valued at $3,368,912.40. The trade was a 8.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Derrick Brooks sold 1,041 shares of the stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $59.63, for a total value of $62,074.83. Following the completion of the transaction, the senior vice president owned 13,117 shares in the company, valued at approximately $782,166.71. The trade was a 7.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 31,842 shares of company stock valued at $1,897,310 in the last 90 days. Company insiders own 1.80% of the company’s stock.

Commerce Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Friday, September 4th will be given a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, September 4th. Commerce Bancshares’s payout ratio is 26.63%.

Commerce Bancshares News Roundup

Here are the key news stories impacting Commerce Bancshares this week:

• Positive Sentiment: Zacks lifted its FY2026 EPS forecast to $4.22 from $4.07, matching the current consensus estimate. It also raised FY2027 EPS to $4.51 from $4.40 and FY2028 EPS to $4.98 from $4.96, indicating a more favorable outlook for Commerce Bancshares’ earnings trajectory. Commerce Bancshares analyst estimates
• Positive Sentiment: Quarterly estimates were also increased: Q3 2026 EPS rose to $1.07 from $1.03, Q4 2026 to $1.09 from $1.07, Q1 2027 to $1.09 from $1.05, Q2 2027 to $1.12 from $1.08, Q3 2027 to $1.14 from $1.13, Q4 2027 to $1.16 from $1.14, and Q1 2028 to $1.19 from $1.14. The breadth of the revisions is a constructive signal for investor sentiment. Zacks Research EPS revisions
• Neutral Sentiment: The revisions largely reinforce existing expectations rather than sharply exceeding consensus, with the current-year forecast now aligned with the $4.22 analyst consensus. Investors may therefore look for additional evidence from operating results before assigning a higher valuation to CBSH.
• Negative Sentiment: Senior Vice President David L. Roller reportedly sold 830 Commerce Bancshares shares on August 6. The transaction could create a modest overhang, although the report does not establish the reason for the sale or indicate a broader pattern of insider selling. Commerce Bancshares insider trading report

Commerce Bancshares Company Profile

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.