Raymond James upgraded Commerce Bancshares from Mkt Perform to Outperform and set a new price target of $61.00
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| 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 |
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
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
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.
Morgan Stanley downgraded Commerce Bancshares from Overweight to Equal-Weight and set a new price target of $64.00 from $66.00 previously
Raymond James upgraded Commerce Bancshares from Mkt Perform to Outperform and set a new price target of $61.00
BofA Securities initiated coverage of Commerce Bancshares with a rating of Neutral and set a new price target of $55.00
13F-NT - COMMERCE BANCSHARES INC /MO/ (0000022356) (Filer)
10-Q - COMMERCE BANCSHARES INC /MO/ (0000022356) (Filer)
8-K - COMMERCE BANCSHARES INC /MO/ (0000022356) (Filer)
SC 13G/A - COMMERCE BANCSHARES INC /MO/ (0000022356) (Subject)
SC 13G/A - COMMERCE BANCSHARES INC /MO/ (0000022356) (Subject)
SC 13G/A - COMMERCE BANCSHARES INC /MO/ (0000022356) (Subject)
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
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
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.
4 - COMMERCE BANCSHARES INC /MO/ (0000022356) (Issuer)
4 - COMMERCE BANCSHARES INC /MO/ (0000022356) (Issuer)
4 - COMMERCE BANCSHARES INC /MO/ (0000022356) (Issuer)
Ratings for Commerce Bancshares (NASDAQ:CBSH) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4 0 0 Last 30D 0 0 2 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 In the assessment of 12-month price targets, analysts unveil insights for Commerce Bancshares, presenting an average target of $60.5, a high estimate of $62.00, and a low estimate of $58.00. This
Morgan Stanley analyst Manan Gosalia maintains Commerce Bancshares (NASDAQ:CBSH) with a Equal-Weight and raises the price target from $55 to $58.
Wells Fargo analyst Steven Shaw maintains Commerce Bancshares (NASDAQ:CBSH) with a Equal-Weight and raises the price target from $52 to $62.
4 - COMMERCE BANCSHARES INC /MO/ (0000022356) (Issuer)