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CBSH

Commerce Bancshares, Inc.

CBSH

NASDAQ·Financial Services·Banks - Regional·Mkt cap $8.5B

$58.37

+0.46%

P/E

14.20

Mkt Cap

$8.5B

52-Wk Range

$46.99–$60.92

52-Week Range

$46.99 - $60.92

P/E

14.20

Fwd P/E

13.73

Beta

0.58

Div Yield

1.88%

Avg Vol

1.1M

Shares Out

146.9M

Mkt Cap

$8.5B

Price action

Price chart

Up 0.8% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Established 159-year heritage and strong regional brand recognition
  • Diversified revenue streams across consumer, commercial, and wealth segments
  • Extensive Midwest branch network with 287 locations providing customer convenience
  • Deep community relationships and personalized service differentiating from larger national banks

Bear Case

2 risks

  • Low volatility (beta 0.6).
  • Premium valuation to Commercial Banking peers

Growth

Stable outlook

Expansion of digital and mobile banking capabilities to capture tech-savvy customers

Value

Premium valuation to Commercial Banking peers

Momentum

Strong

+9.3% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Modest

1.88% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 15, 2026

Q3 26 RECAP

JUL 16, 2026

Reported EPS of $1.10 vs $1.04 consensus (+5.8% surprise). Revenue of $498.9M vs $492.2M expected (+1.4%). Beat on both top and bottom lines.

EPS beat +5.8%
Rev beat +1.4%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+5.8%

Revenue trend · last 8Q

+7%

+6%

+7%

+16%

-7%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$425.2M

$423.1M

$420.5M

$445.8M

$448.9M

$452.3M

$487.3M

$498.9M

Margins · last 8Q

Gross

80.0%

Operating

41.3%

Profit

32.0%

Wall Street consensus

5 analysts · 20% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

20%

Hold

4

80%

Sell

0%

Median Price Target

$65.00

+11.4% vs $58.37

Low $65.00
Median $65.00
High $65.00

Latest: Piper Sandler · Jul 17, 2026

1 analyst covering

vs Industry

How CBSH stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.