Commerce Bancshares Inc (CBSH) |
|
Price: $53.0700
$1.06
2.038%
|
Day's High:
| $53.48
| Week Perf:
| 2.53 %
|
Day's Low: |
$ 52.60 |
30 Day Perf: |
4.16 % |
Volume (M): |
810 |
52 Wk High: |
$ 56.75 |
Volume (M$): |
$ 43,008 |
52 Wk Avg: |
$50.48 |
Open: |
$53.23 |
52 Wk Low: |
$42.96 |
|
|
Market Capitalization (Millions $) |
6,955 |
Shares
Outstanding (Millions) |
131 |
Employees |
4,391 |
Revenues (TTM) (Millions $) |
1,536 |
Net Income (TTM) (Millions $) |
485 |
Cash Flow (TTM) (Millions $) |
1,789 |
Capital Exp. (TTM) (Millions $) |
88 |
Commerce Bancshares Inc
Commerce Bancshares, Inc., a bank holding company as defined in the Bank Holding
Company Act of 1956, as amended, was incorporated under the laws of Missouri
on August 4, 1966. Through a second tier wholly-owned bank holding company,
it owns all of the outstanding capital stock of Commerce Bank (the “Bank”),
which is headquartered in Missouri. The Bank engages in general banking business,
providing a broad range of retail, corporate, investment, trust, and asset management
products and services to individuals and businesses. Commerce Bancshares, Inc.
also owns, directly or through the Bank, various non-banking subsidiaries. Their
activities include private equity investment, securities brokerage, insurance
agency, mortgage banking, and leasing activities.
The Company’s goal is to be the preferred provider of targeted financial
services in its communities, based on strong customer relationships. It believes
in building long-term relationships based on top quality service, a strong risk
management culture, and a strong balance sheet with industry-leading capital
levels. The Company operates under a super-community banking format which incorporates
large bank product offerings coupled with deep local market knowledge, augmented
by experienced, centralized support in select critical areas. The Company’s
focus on local markets is supported by an experienced team of managers assigned
to each market and is also reflected in its financial centers and regional advisory
boards, which are comprised of local business persons, professionals and other
community representatives, who assist the Company in responding to local banking
needs. In addition to this local market, community-based focus, the Company
offers sophisticated financial products available at much larger financial institutions.
The markets the Bank serves, being located in the lower Midwest, provide natural
sites for production and distribution facilities and also serve as transportation
hubs. The economy has been well-diversified in these markets with many major
industries represented, including telecommunications, automobile, technology,
financial services, aircraft and general manufacturing, health care, numerous
service industries, and food and agricultural production. The real estate lending
operations of the Bank are centered in its lower Midwestern markets. Historically,
these markets have tended to be less volatile than in other parts of the country.
Management believes the diversity and nature of the Bank’s markets has
a mitigating effect on real estate loan losses in these markets.
From time to time, the Company evaluates the potential acquisition of various
financial institutions. In addition, the Company regularly considers the potential
disposition of certain assets and branches. The Company seeks merger or acquisition
partners that are culturally similar, have experienced management and either
possess significant market presence or have potential for improved profitability
through financial management, economies of scale and expanded services.
Company Address: 1000 Walnut Kansas City, 64106 MO
Company Phone Number: 234-2000 Stock Exchange / Ticker: NASDAQ CBSH
|
|
Customers Net Income fell by |
CBSH's Customers Net Profit Margin fell to |
-6.16 % |
6.04 %
|
|
|
|
|
|
Stock Performances by Major Competitors |
|
|
Commerce Bancshares Inc
In a recent update from Commerce Bancshares, Inc. (NASDAQ: CBSH), the company declared a decline in earnings per share (EPS) despite an increase in revenue during the fourth quarter of the 2023 earnings season. This contrasting result has caught the attention of investors, considering that many of its industry peers experienced a reduction in business during the same period. During the fourth quarter of 2023, Commerce Bancshares reported a revenue increase of 3.041%, amounting to $387.42 million compared to $375.99 million in the previous year. However, the income per share fell by 19.48% to $0.71, a decrease from $0.89 per share during the same period a year before.
|
Dividend
Published Fri, Feb 2 2024 4:41 PM UTC
In a recent press release, Commerce Bancshares, Inc. (NASDAQ: CBSH) made an exciting announcement regarding its quarterly dividend on common stock. The company's Board of Directors declared a dividend of $0.27 per share, representing a 5% increase over the prior dividend of $0.257 after adjusting for the 5% stock dividend paid on December 19, 2023. This marks the 5...
|
Commerce Bancshares Inc
Commerce Bancshares Inc, a prominent Regional Banks company, recently reported mixed financial results for the quarter ending September 30, 2023. While the company experienced a revenue advance of 2.774%, it also faced a significant income contraction of -5.88%. This article aims to analyze the implications of these results and explore how they may impact the future prospects of Commerce Bancshares Inc. Revenue Growth Outpaces Peers: One positive aspect of the financial report is that Commerce Bancshares Inc's revenue increased to $379.85 million, showcasing a growth rate higher than most of its peers in the Regional Banks sector. In comparison, the sector experienced an average revenue advance of 1.58% from the previous year's reporting period. This indicates that the company has been successful in generating higher revenues despite a challenging economic climate.
|
Dividend
Published Fri, Oct 27 2023 5:14 PM UTC
Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock KANSAS CITY, Mo. - In a recent press release, Commerce Bancshares, Inc. (NASDAQ: CBSH) announced its decision to declare a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is set to be payable on December 18, 2023, to stockholders of record as of...
|
Commerce Bancshares Inc
Commerce Bancshares Inc, a prominent player in the regional banks sector, has released its financial results for the April to June 30, 2023 fiscal interval. The company showcased impressive growth in revenue, income per share, and net earnings, outpacing its sector contemporaries. Additionally, improved profit margins were highlighted, indicating a positive outlook for the company's future performance. Financial Highlights: 1. Revenue for the April to June 30, 2023 fiscal interval increased by 7.136% to $390.67 million, compared to $364.65 million in the prior year quarter. 2. Income per share increased by 6.25% to $1.02 per share, as compared to $0.96 in the prior year quarter. 3. Net earnings improved by 8.58%, reaching $130.463 million, up from $120.153 million reported in the same fiscal interval a year ago.
|
Per Share |
Current |
Earnings (TTM) |
3.64 $ |
Revenues (TTM) |
11.72 $
|
Cash Flow (TTM) |
13.65 $ |
Cash |
77.31 $
|
Book Value |
22.62 $
|
Dividend (TTM) |
1.06 $ |
|
Per Share |
|
Earnings (TTM) |
3.64 $
|
Revenues (TTM) |
11.72 $ |
Cash Flow (TTM) |
13.65 $ |
Cash |
77.31 $
|
Book Value |
22.62 $ |
Dividend (TTM) |
1.06 $ |
|
|
|
|