NasdaqGS:CBSHBanks
Is Commerce Bancshares (CBSH) Pricing Reflect Long Term Value After Recent Share Pullback
If you are wondering whether Commerce Bancshares at around US$54.56 is a fair deal or not, the starting point is understanding what the current price implies about the bank's value.
The stock has slipped about 0.8% over the last 7 days, while it is up 3.2% over the past month and 4.4% year to date, against a 1 year return of an 8.5% decline, a 3 year return of 1.4%, and a 5 year return of 11.3%.
Recent attention on regional banks has kept Commerce Bancshares on many watchlists, with...