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Commerce Bancshares Inc   (CBSH)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $50.9000 $-0.05 -0.098%
Day's High: $51.76 Week Perf: -3.01 %
Day's Low: $ 50.81 30 Day Perf: -0.27 %
Volume (M): 1,327 52 Wk High: $ 62.00
Volume (M$): $ 67,565 52 Wk Avg: $50.95
Open: $50.83 52 Wk Low: $42.96



 Market Capitalization (Millions $) 6,671
 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

-4.47 %

6.14 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -2.19%    
FCNCA        2.47% 
FITB   -2.51%    
TCBI   -1.91%    
WAL   -1.75%    
• View Complete Report
   



Commerce Bancshares Inc

Headline: Contrasting Results at Commerce Bancshares Inc During Fourth Quarter Earnings Season



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

Commerce Bancshares Inc. Sets New Dividend Record, but Shares Face Short-Term Challenges

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

Surprising Twist: Company's Earnings Take a Dive, But Revenue Skyrockets in Fiscal Q3 2023



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

Commerce Bancshares, Inc. Announces Dividends to Reward Shareholders and Foster Investor Confidence

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

Outperforming Sector Peers: Commerce Bancshares Inc.'s Stellar Q2 2023 Results Beat Regional Banks' Average with a Staggering 7.136% Revenue Increase



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.






 

Commerce Bancshares Inc's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Commerce Bancshares Inc does not provide revenue guidance.

Earnings Outlook
Commerce Bancshares Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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