Commerce Bancshares Q2 EPS $1.07 Beats $0.95 Estimate, Sales $414.49M Beat $406.86M Estimate

7/18/24 6:03:15 AM ET

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Commerce Bancshares (NASDAQ:CBSH) reported quarterly earnings of $1.07 per share. This is 10.31 percent increase over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $414.49 million which beat the analyst consensus estimate of $406.86 million by 1.88 percent. This is a 4.37 percent increase over sales of $397.14 million the same period last year.

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Recent Analyst Ratings for
$CBSH

Date	Price Target	Rating	Analyst
9/30/2024	$66.00 → $64.00	Overweight → Equal-Weight	Morgan Stanley
4/17/2024	$61.00	Mkt Perform → Outperform	Raymond James
1/11/2024	$55.00	Neutral	BofA Securities
9/27/2023	$48.00 → $49.00	Underweight → Equal-Weight	Morgan Stanley
5/16/2023	$50.00 → $48.00	Equal-Weight → Underweight	Morgan Stanley
12/5/2022	$74.00	Equal-Weight	Morgan Stanley
3/21/2022	$60.00 → $70.00	Underweight → Equal Weight	Wells Fargo
12/6/2021	$63.00 → $70.00	Underweight	Morgan Stanley

More analyst ratings

$CBSH
Press Releases

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Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock
Commerce Bancshares, Inc. (NASDAQ:CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on December 17, 2024 to stockholders of record at the close of business on December 3, 2024. The Board of Directors also approved a 5% common stock dividend payable on December 18, 2024 to shareholders of record at the close of business on December 3, 2024. Statements reflecting the issuance of shares as a result of the stock dividend should be mailed on or about December 18, 2024. No fractional shares will be issued, and shareholders will receive cash for such fractional interests based on the market val
10/25/24 1:20:00 PM ET
$CBSH
Major Banks
Finance
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07
Commerce Bancshares, Inc. announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year and $1.07 per share in the second quarter of 2024. Net income for the third quarter of 2024 amounted to $138.0 million, compared to $120.6 million in the third quarter of 2023 and $139.6 million in the prior quarter. For the nine months ended September 30, 2024, earnings per share totaled $3.00, compared to $2.80 for the first nine months of 2023. Net income amounted to $390.2 million for the nine months ended September 30, 2024, compared to $367.8 million in the comparable period last year. For the year to date, the return
10/17/24 6:00:00 AM ET
$CBSH
Major Banks
Finance
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
Commerce Bancshares, Inc. (NASDAQ:CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on September 23, 2024 to stockholders of record at the close of business on September 5, 2024. With $30.6 billion in assets1, Commerce Bancshares, Inc. (NASDAQ:CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages nearly 160 years of proven strength and experience to help individuals and businesses solve financial challenges.
7/26/24 1:25:00 PM ET
$CBSH
Major Banks
Finance

Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock
Commerce Bancshares, Inc. (NASDAQ:CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on December 17, 2024 to stockholders of record at the close of business on December 3, 2024. The Board of Directors also approved a 5% common stock dividend payable on December 18, 2024 to shareholders of record at the close of business on December 3, 2024. Statements reflecting the issuance of shares as a result of the stock dividend should be mailed on or about December 18, 2024. No fractional shares will be issued, and shareholders will receive cash for such fractional interests based on the market val
10/25/24 1:20:00 PM ET
$CBSH
Major Banks
Finance
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07
Commerce Bancshares, Inc. announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year and $1.07 per share in the second quarter of 2024. Net income for the third quarter of 2024 amounted to $138.0 million, compared to $120.6 million in the third quarter of 2023 and $139.6 million in the prior quarter. For the nine months ended September 30, 2024, earnings per share totaled $3.00, compared to $2.80 for the first nine months of 2023. Net income amounted to $390.2 million for the nine months ended September 30, 2024, compared to $367.8 million in the comparable period last year. For the year to date, the return
10/17/24 6:00:00 AM ET
$CBSH
Major Banks
Finance
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
Commerce Bancshares, Inc. (NASDAQ:CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend is payable on September 23, 2024 to stockholders of record at the close of business on September 5, 2024. With $30.6 billion in assets1, Commerce Bancshares, Inc. (NASDAQ:CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages nearly 160 years of proven strength and experience to help individuals and businesses solve financial challenges.
7/26/24 1:25:00 PM ET
$CBSH
Major Banks
Finance

Commerce Bancshares Q2 EPS $1.07 Beats $0.95 Estimate, Sales $414.49M Beat $406.86M Estimate

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Recent Analyst Ratings for
$CBSH

$CBSH
Press Releases

Fastest customizable press release news feed in the world

Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock

Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

$CBSH
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$CBSH
Financials

Live finance-specific insights

Executive Chairman Kemper David W gifted 233 shares (SEC Form 4)

President and CEO Kemper John W gifted 233 shares, decreasing direct ownership by 0.12% to 197,742 units (SEC Form 4)

Senior Vice President Roller David L. sold $64,316 worth of shares (890 units at $72.27), exercised 2,870 shares at a strike of $40.17, covered exercise/tax liability with 385 shares and returned $115,303 worth of shares to the company (1,595 units at $72.29) (SEC Form 4)

Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock

Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

$CBSH
SEC Filings

SEC Form 13F-NT filed by Commerce Bancshares Inc.

SEC Form 10-Q filed by Commerce Bancshares Inc.

Commerce Bancshares Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits

$CBSH
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Commerce Bancshares downgraded by Morgan Stanley with a new price target

Commerce Bancshares upgraded by Raymond James with a new price target

BofA Securities initiated coverage on Commerce Bancshares with a new price target

$CBSH
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Brauer Blackford F bought $240,502 worth of shares (5,000 units at $48.10), increasing direct ownership by 18% to 33,426 units

$CBSH
Market Insights

Live Market Insights

Unveiling 4 Analyst Insights On Commerce Bancshares

Morgan Stanley Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $58

Wells Fargo Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $62

$CBSH
Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

Commerce Bancshares Q2 EPS $1.07 Beats $0.95 Estimate, Sales $414.49M Beat $406.86M Estimate

Chat with this insight

Recent Analyst Ratings for $CBSH

$CBSH Press Releases

Fastest customizable press release news feed in the world

Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock

Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

$CBSH Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$CBSH Financials

Live finance-specific insights

Executive Chairman Kemper David W gifted 233 shares (SEC Form 4)

President and CEO Kemper John W gifted 233 shares, decreasing direct ownership by 0.12% to 197,742 units (SEC Form 4)

Senior Vice President Roller David L. sold $64,316 worth of shares (890 units at $72.27), exercised 2,870 shares at a strike of $40.17, covered exercise/tax liability with 385 shares and returned $115,303 worth of shares to the company (1,595 units at $72.29) (SEC Form 4)

Commerce Bancshares, Inc. Declares Stock Dividend and Quarterly Cash Dividend on Common Stock

Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $1.07

Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

$CBSH SEC Filings

SEC Form 13F-NT filed by Commerce Bancshares Inc.

SEC Form 10-Q filed by Commerce Bancshares Inc.

Commerce Bancshares Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Other Events, Financial Statements and Exhibits

$CBSH Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Commerce Bancshares downgraded by Morgan Stanley with a new price target

Commerce Bancshares upgraded by Raymond James with a new price target

BofA Securities initiated coverage on Commerce Bancshares with a new price target

$CBSH Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

SEC Form 4: Brauer Blackford F bought $240,502 worth of shares (5,000 units at $48.10), increasing direct ownership by 18% to 33,426 units

$CBSH Market Insights

Live Market Insights

Unveiling 4 Analyst Insights On Commerce Bancshares

Morgan Stanley Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $58

Wells Fargo Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $62

$CBSH Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

SEC Form SC 13G/A filed by Commerce Bancshares Inc. (Amendment)

Recent Analyst Ratings for
$CBSH

$CBSH
Press Releases

$CBSH
Insider Trading

$CBSH
Financials

$CBSH
SEC Filings

$CBSH
Analyst Ratings

$CBSH
Insider Purchases

$CBSH
Market Insights

$CBSH
Large Ownership Changes