Commerce Bancshares'' loan growth will decelerate due to high interest rates and falling consumer confidence. See why I am adopting a Hold rating on CBSH stock.
Illinois Tool Works (ITW) authorized a seven percent increase to the dividend payout to shareholders, representing a quarterly increase of $0.09 per share — or $0.36 per share annually — versus the current dividend rate. The Board also declared a dividend on the com
Commerce Bancshares (NASDAQ:CBSH) declares $0.265/share quarterly dividend, in line with previous.Forward yield 1.49%Payable Sept. 22; for shareholders of record Sept. 7; ex-div Sept.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.265 per share on the Company''s common stock. The dividend is payable on September 22, 2022 to stockholders of record at the close of business on September 7, 2022. About Commerce Bancshares, Inc. With $33.4 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking servic
Bill Ackman Calls Carried Interest Loophole an ’Embarrassment’ Under New Tax Law (Canada Today) Washington Democrats may have found an unlikely ally in their bid to end a longstanding tax rule enjoyed by some of Wall Street’s wealthiest executives: Hedge fund billionaire Bill Ackman. The Pershing Square Capital founder on Thursday slammed the so-called carried […]
In trading on Monday, shares of Commerce Bancshares Inc (Symbol: CBSH) crossed above their 200 day moving average of $69.04, changing hands as high as $69.31 per share. Commerce Bancshares Inc shares are currently trading up about 2.6% on the day. The chart below shows the on
Commerce Bancshares (NASDAQ: CBSH ) reported its Q2 earnings results on Thursday, July 21, 2022 at 06:00 AM. Here''s what investors need to know about the announcement. Earnings Commerce Bancshares beat estimated earnings by 1.05%, reporting an EPS of $0.96 versus … Full story available on Benzinga.com
WASHINGTON (dpa-AFX) - Commerce Bancshares Inc. (CBSH) revealed a profit for second quarter that decreased from last year but beat the Street estimates.The company''s bottom line came in at $115.79…
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Commerce Bancshares (NASDAQ: CBSH ) is set to give its latest quarterly earnings report on Thursday, 2022-07-21. Here''s what investors need to know before the announcement. Analysts estimate that Commerce Bancshares will report an earnings per share (EPS) of $0.95. Commerce Bancshares bulls will hope to hear the company to announce they''ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for … Full story available on Benzinga.com
The following slide deck was published by Commerce Bancshares, Inc.
Commerce Bancshares'' (CBSH) loan portfolio grew strongly in the first quarter. This performance will likely continue in the year ahead on the back of economic factors.
S&T Bancorp (NASDAQ:STBA) and Commerce Bancshares (NASDAQ:CBSH) are both finance companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, institutional ownership, dividends, risk, analyst recommendations, earnings and valuation. Insider and Institutional Ownership 60.0% of S&T Bancorp shares are held by institutional investors. Comparatively, 66.0% […]
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $1.38
In latest buying and selling, shares of Commerce Bancshares Inc (Image: CBSH) have crossed above the typical analyst 12-month goal value of $73.74, altering palms for $73.79/share. When a inventory reaches the goal an analyst has set, the analyst logically has two methods to react: downgrade on valuation, or, re-adjust their goal value to the [] The post CBSH Crosses Above Common Analyst Goal appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .
Commerce Bancshares (NASDAQ:CBSH) declared a dividend paya
Commerce Bancshares, Inc. (NASDAQ:CBSH) CFO Charles G. Kim sold 9,023 shares of the stock in a transaction dated Friday, March 12th. The stock was sold at an average price of $80.14, for a total transaction of $723,103.22. Following the completion of the sale, the chief financial officer now directly owns 88,837 shares in the company, […]
Commerce Bancshares Inc. shares closed 1.2% higher than its previous 52 week high, giving the company a market cap of $8B. The stock is currently up 20.7% year-to-date, up 57.5% over the past 12 months, and up 99.8% over the past five years. This week, the Dow Jones Industrial Average rose 5.1%, and the S&P 500 rose 4.5%. Trading Activity Trading volume this week was 40.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -27.9% The company's stock price performance over the past 12 months lags the peer average by -19.1% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is -3.5% lower than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.2625 per share on the Company's common stock, which compares to the prior dividend of $0.257 as adjusted for the 5% stock dividend that was paid on December 18, 2020. This represents an increase in the quarterly dividend per share of 2% and marks the 53rd consecutive year that the Company has increased its regular cash dividend per share. Th
Commerce Bancshares Inc. shares closed today at 1.7% below its 52 week high of $72.26, giving the company a market cap of $7B. The stock is currently up 8.2% year-to-date, up 8.0% over the past 12 months, and up 97.0% over the past five years. This week, the Dow Jones Industrial Average rose 3.9%, and the S&P 500 rose 4.8%. Trading Activity Trading volume this week was 6.8% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 1.0% The company's stock price performance over the past 12 months beats the peer average by -475.3% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 10.2% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Commerce Bancshares, Inc. (NASDAQ:CBSH) Director Jonathan M. Kemper sold 6,877 shares of the company’s stock in a transaction on Tuesday, January 26th. The shares were sold at an average price of $69.08, for a total transaction of $475,063.16. Following the sale, the director now owns 899,987 shares of the company’s stock, valued at $62,171,101.96. The […]
Commerce Bancshares announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Commerce Bancshares, Inc. announced earnings of $1.11 per share for the three months ended December 31, 2020, compared to $.88 per common share in the
Commerce Bancshares (NASDAQ:CBSH) announces its next round of earnings this Wednesday, January 20. Here is Benzinga's everything-that-matters guide for …
The actions follow earlier announcements from Marriott International, Blue Cross Blue Shield, Commerce Bancshares, which said they are suspending financial support for all lawmakers who voted against certifying Joe Biden's election as president.
Morgan Stanley Stick to Their Sell Rating for Commerce Bancshares Inc
Commerce Bancshares Inc. shares closed today at 0.8% below its 52 week high of $70.61, giving the company a market cap of $7B. The stock is currently up 7.5% year-to-date, up 12.9% over the past 12 months, and up 99.5% over the past five years. This week, the Dow Jones Industrial Average rose 1.5%, and the S&P 500 rose 1.4%. Trading Activity Trading volume this week was 0.2% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock priceperformance year-to-date beats the peer average by 7.3% The company's stock price performance over the past 12 months beats the peer average by -354.0% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 11.9% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Commerce Bancshares Inc. shares closed today at 1.1% below its 52 week high of $67.12, giving the company a market cap of $7B. The stock is currently up 4.4% year-to-date, up 4.3% over the past 12 months, and up 75.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 0.4%. Trading Activity Trading volume this week was 263.3% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.1. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio beats its average peer by 13.2% The company's performance over the last 1 year beats its average peer by -136.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Data Bridge Market Research has recently added a concise research on the Global Healthcare Finance Solutions Market to depict valuable insights related to significant market trends driving the industry. A market research analysis and estimations carried out in the credible
Commerce Bancshares, Inc. (NASDAQ:CBSH) – DA Davidson upped their FY2020 earnings estimates for shares of Commerce Bancshares in a research note issued on Wednesday, October 21st. DA Davidson analyst J. Rulis now anticipates that the financial services provider will earn $2.89 per share for the year, up from their prior forecast of $2.23. DA Davidson […]
BofA Securities upgraded shares of Commerce Bancshares (NASDAQ:CBSH) from an underperform rating to a neutral rating in a research note published on Wednesday, Analyst Ratings Network reports. Several other research analysts have also commented on the stock. BidaskClub upgraded shares of Commerce Bancshares from a strong sell rating to a sell rating in a research […]
Raymond James upgraded shares of Commerce Bancshares (NASDAQ:CBSH) from an underperform rating to a market perform rating in a research report sent to investors on Wednesday morning, AnalystRatings.net reports. Several other equities research analysts also recently commented on the company. BidaskClub raised Commerce Bancshares from a strong sell rating to a sell rating in a […]
Commerce Bancshares (NASDAQ:CBSH) was upgraded by equities researchers at Bank of America from an “underperform” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports. The firm currently has a $72.00 price objective on the financial services provider’s stock. Bank of America‘s price target would suggest a potential upside of […]
Raymond James upgraded shares of Commerce Bancshares (NASDAQ:CBSH) from an underperform rating to a market perform rating in a report issued on Wednesday, AnalystRatings.net reports. Other research analysts have also recently issued research reports about the company. BidaskClub raised Commerce Bancshares from a strong sell rating to a sell rating in a research report on […]
Commerce Bancshares (NASDAQ:CBSH) announced its quarterly earnings results on Tuesday. The financial services provider reported $1.11 EPS for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.41, RTT News reports. Commerce Bancshares had a net margin of 21.82% and a return on equity of 10.03%. The business had revenue of $345.50 million for […]
Commerce Bancshares (NASDAQ:CBSH): Q3 GAAP EPS of $1.11 beats by $0.41. Revenue of $345.53M (+1.7% Y/Y) beats by $9.33M. Press Release
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $1.11 per common share for the three months ended September 30, 2020, compared to $.93 per share in the same quarter last year and $.34 per share in the prior quarter. Net income attributable to Commerce Bancshares, Inc. (net income) for the third quarter of 2020 amounted to $132.4 million, compared to $109.2 million in the third quarter of 2019 and $39.9 million in the prior quarter. For the quart
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. today announced that it will redeem all outstanding shares of its 6.00% Series B Non-Cumulative Perpetual Preferred Stock, $1.00 par value per share (“Series B Preferred Stock”), and the corresponding depositary shares representing fractional interests in the Series B Preferred Stock (“Series B Depositary Shares”). The Series B Depositary Shares (Nasdaq: CBSHP, CUSIP: 200525301), each representing a 1/1,000th interest in a share of Se
Hays, KS - June 15, 2020 - Commerce Bank announced today that Shane Smith has been named president of the Hays market. In this role, Smith will be responsible for the overall administration of… | June 22, 2020
Commerce (CBSH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Commerce Bancshares (CBSH) records significantly higher provisions in the first quarter of 2020. Also, the company witnesses an increase in expenses.
Commerce (CBSH) delivered earnings and revenue surprises of -12.00% and 0.38%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.44 per common share for the three months ended March 31, 2020, compared to $.81 per share in the same quarter last year and $.93 per share in the fourth quarter of 2019. Net income attributable to Commerce Bancshares, Inc. for the first quarter of 2020 amounted to $51.9 million, compared to $97.1 million in the first quarter of 2019 and $106.9 million in the prior quarter. For the current quarter
Commerce Bancshares, Inc. (CBSH) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that, due to the emerging public health impact of the coronavirus (COVID-19) pandemic and to support the health and well-being of Commerce’s directors, officers, employees and shareholders, the location of the Company’s 2020 annual meeting of shareholders has been changed and will be held in a virtual meeting format only. As previously announced, the annual meeting will be held on Wednesday, April 15, 20
Commerce Bancshares, Inc. announced today that it will delay its earnings release for the first quarter of 2020, originally scheduled for April 14, 20
ST. LOUIS--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that Chief Financial Officer Charles G. Kim and Senior Vice President of Corporate Development and Investor Relations Matt Burkemper will participate in the KBW 2020 Winter Financial Services Symposium on February 13-14, 2020 in Boca Raton, Florida. Commerce will participate in one-on-one meetings providing an update of the Company’s financial performance and general business plans. The presentation will be ava
Commerce Bancshares' (CBSH) fourth-quarter 2019 results reflect improvement in non-interest income and a strong balance sheet position. However, expenses and provisions rise.
Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of $.93 per common share for the three months ended December 31, 2019, compared to $.91 pe
Loan growth will likely continue aiding Commerce Bancshares' (CBSH) revenues. Yet, persistently increasing costs may hurt its bottom line.