Latest On Commerce Bancshares, Inc (CBSH):
About Commerce Bancshares, Inc (CBSH):
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; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate read more... 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 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. It operates through a network of 306 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. The company was founded in 1865 and is headquartered in Kansas City, Missouri.
General
- Name Commerce Bancshares, Inc
- Symbol CBSH
- Type Common Stock
- Exchange NASDAQ
- Currency USD
- Country USA
- SectorFinancial Services
- IndustryBanks-Regional
- Full Time Employees 4,404
- Last Split Factor105:100
- Last Split Date2020-12-01
- Fiscal Year EndDecember
- IPO Date1984-09-07
- Gic SectorFinancials
- Gic GroupBanks
- Gic IndustryBanks
- Gic SubIndustryRegional Banks
- Web URLhttp://www.commercebank.com
Valuation
- Trailing PE 27.49
- Forward PE 22.99
- Price/Sales (Trailing 12 Mt.) 6.84
- Price/Book (Most Recent Quarter) 2.72
Financials
- Most Recent Quarter 2020-12-31
- Current Year EPS Estimate $3.56
- Next Year EPS Estimate $3.47
- Next Quarter EPS Estimate $0.88
- Profit Margin 29%
- Operating Margin 37%
- Return on Assets 1%
- Return on Equity 11%
- Revenue 1.21 billion
- Earnings Per Share $2.91
- Revenue Per Share $10.4
- Gross Profit 1.21 billion
- Quarterly Earnings Growth 9.4%
ESG Rating
Highlights
- Market Capitalization 9.36 billion
- PE Ratio 17.26
- PEG Ratio 3.58
- Analyst Target Price $67
- Book Value Per Share $28.94
Share Statistics
- Shares Outstanding 117.08 million
- Shares Float 106.07 million
- % Held by Insiders 303%
- % Held by Institutions 69.21%
- Shares Short 3.06 million
- Shares Short Prior Month 3.16 million
- Short Ratio 6.43
- Short % of Float 3%
- Short % of Shares Outstanding 3%
Technicals
- Beta 0.98
- 52 Week High $83.05
- 52 Week Low $42.62
- 50 Day Moving Average 74.32
- 200 Day Moving Average 64.63
Dividends
- Forward Annual Dividend Rate $1.05
- Forward Annual Dividend Yield 1.31%
- Payout Ratio 37%
- Dividend Date 2021-03-24
- ExDividend Date 2021-03-08
- Dividend Per Share $1.03
- Dividend Yield 1.64%
Commerce Bancshares, Inc (CBSH) Dividend Calendar:
Commerce Bancshares, Inc pays an annual dividend of $1.05 per share, with a dividend yield of 1.64%.
CBSH's last dividend payment was made to shareholders on March 24, 2021.
Commerce Bancshares, Inc pays out 37% of its earnings out as a dividend.
Commerce Bancshares, Inc (CBSH) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Commerce Bancshares, Inc (CBSH) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
---|---|---|---|---|---|
Research Development | N/A | N/A | N/A | N/A | N/A |
Income Before Tax | 165.28 million | 167.73 million | N/A | 59.78 million | 135.49 million |
Selling General Administrative | 163.53 million | 159.99 million | N/A | 163.13 million | 176.71 million |
Gross Profit | N/A | N/A | N/A | N/A | 330.67 million |
Ebit | N/A | N/A | N/A | N/A | N/A |
Operating Income | N/A | N/A | N/A | N/A | 137.14 million |
Income Tax Expense | 33.08 million | N/A | 9.66 million | 10.17 million | 28.21 million |
Total Revenue | 357.19 million | 361.69 million | N/A | 311.43 million | 330.67 million |
Cost of Revenue | N/A | N/A | N/A | N/A | N/A |
Total Other Income Expense Net | N/A | N/A | N/A | N/A | -1.65 million |
Net Income From Continuing Operations | 132.2 million | 133.36 million | N/A | 49.6 million | 107.28 million |
Net Income Applicable to Common Shares | 129.89 million | N/A | 37.61 million | 49.61 million | 104.63 million |
Balance Sheet:
Date | Dec 31 2020 | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 |
---|---|---|---|---|---|
Total Liabailities | 29.52 billion | 28.15 billion | N/A | 23.54 billion | 22.93 billion |
Total Stockholder Equity | 3.4 billion | 3.31 billion | N/A | 3.25 billion | 2.99 billion |
Other Current Liabilities | N/A | N/A | N/A | N/A | N/A |
Total Assets | 32.92 billion | 31.45 billion | N/A | 26.79 billion | 26.07 billion |
Common Stock | 589.35 million | N/A | 563.98 million | 563.98 million | 563.98 million |
Other Current Assets | 45.09 million | N/A | N/A | N/A | 13.81 million |
Retained Earnings | 73 million | 326.89 million | 232.08 million | 224.64 million | 201.56 million |
Other Liabilities | 477.07 million | N/A | 869.07 million | 580.22 million | 553.71 million |
Other Assets | 16.68 billion | N/A | 16.85 billion | 15.68 billion | 15.05 billion |
Cash | 2.18 billion | 1.53 billion | N/A | 875.34 million | 491.62 million |
Total Current Liabilities | 29.05 billion | N/A | N/A | N/A | 22.37 billion |
Other Stockholder Equity | 331.38 million | N/A | 349.26 million | 253.14 million | 110.44 million |
Property, Plant & Equipment | 371.08 million | N/A | 368.57 million | 369.75 million | 370.64 million |
Total Current Assets | 3.12 billion | N/A | N/A | N/A | 1.78 billion |
Long Term Investments | 12.65 billion | 11.69 billion | N/A | 8.86 billion | 8.71 billion |
Net Tangible Assets | 3.25 billion | N/A | 3.07 billion | 2.96 billion | 2.84 billion |
Short Term Investments | 12.45 billion | 11.54 billion | N/A | 8.68 billion | 1.25 billion |
Long Term Debt | 802000 | 782000 | N/A | 756.46 million | 2.42 million |
Inventory | N/A | N/A | N/A | N/A | 365000 |
Accounts Payable | 26.95 billion | N/A | N/A | N/A | 20.52 billion |
Commerce Bancshares, Inc (CBSH) Chart:
Commerce Bancshares, Inc (CBSH) News:
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Commerce Bancshares, Inc (CBSH) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Latest CBSH Trades:
Commerce Bancshares, Inc (CBSH) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
Commerce Bancshares, Inc (CBSH) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Commerce Bancshares, Inc (CBSH). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 303%
Institutional Ownership: 6921%