Commerce Bancshares, Inc.

NasdaqGS:CBSH Stock Report

Market Cap: US$9.0b

Commerce Bancshares Past Earnings Performance

Past criteria checks 2/6

Commerce Bancshares has been growing earnings at an average annual rate of 6.1%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 5.7% per year. Commerce Bancshares's return on equity is 14.7%, and it has net margins of 30.6%.

Key information

6.1%

Earnings growth rate

7.4%

EPS growth rate

Banks Industry Growth11.2%
Revenue growth rate5.7%
Return on equity14.7%
Net Margin30.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Commerce Bancshares: Too Rich For My Blood

Dec 01

Commerce Bancshares (NASDAQ:CBSH) Is Due To Pay A Dividend Of $0.27

Oct 31
Commerce Bancshares (NASDAQ:CBSH) Is Due To Pay A Dividend Of $0.27

Commerce Bancshares: Quality Isn't Coming Cheap

Sep 13

Commerce Bancshares (NASDAQ:CBSH) Is Due To Pay A Dividend Of $0.27

Aug 01
Commerce Bancshares (NASDAQ:CBSH) Is Due To Pay A Dividend Of $0.27

Commerce Bancshares: An Exceptional Bank That Deserves More Attention

Jul 02

Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

May 29
Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

Apr 22
Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

Commerce Bancshares: A Great Business But Not A Buy Yet

Apr 04

Commerce Bancshares' (NASDAQ:CBSH) Dividend Will Be $0.27

Feb 27
Commerce Bancshares' (NASDAQ:CBSH) Dividend Will Be $0.27

Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

Feb 08
Commerce Bancshares (NASDAQ:CBSH) Will Pay A Dividend Of $0.27

Commerce Bancshares, Inc. (NASDAQ:CBSH) Yearly Results: Here's What Analysts Are Forecasting For This Year

Jan 21
Commerce Bancshares, Inc. (NASDAQ:CBSH) Yearly Results: Here's What Analysts Are Forecasting For This Year

Commerce Bancshares: Deterioration Continues

Jan 12

Commerce Bancshares GAAP EPS of $1.02 misses by $0.01, revenue of $384.89M beats by $1.31M

Oct 18

Commerce Bancshares: Topline Outlook Is Rosy But Stock Appears Overvalued

Aug 12

Commerce Bancshares declares $0.265 dividend

Aug 05

Revenue & Expenses Breakdown

How Commerce Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:CBSH Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,6164958130
30 Jun 241,5844788040
31 Mar 241,5664667990
31 Dec 231,5514737880
30 Sep 231,5394957740
30 Jun 231,5284977610
31 Mar 231,4984857550
31 Dec 221,4794847460
30 Sep 221,4484677390
30 Jun 221,4474677310
31 Mar 221,4925137150
31 Dec 211,4925267040
30 Sep 211,5015416990
30 Jun 211,4885436900
31 Mar 211,3144206840
31 Dec 201,2103396830
30 Sep 201,1793146810
30 Jun 201,1502966800
31 Mar 201,2413636760
31 Dec 191,2994086670
30 Sep 191,2944116620
30 Jun 191,2904146500
31 Mar 191,2864166430
31 Dec 181,2824206340
30 Sep 181,2804056280
30 Jun 181,2403676210
31 Mar 181,2063366140
31 Dec 171,1753076080
30 Sep 171,1372846040
30 Jun 171,1322786050
31 Mar 171,1222696030
31 Dec 161,0902635890
30 Sep 161,1002555960
30 Jun 161,0832515860
31 Mar 161,0782555780
31 Dec 151,0602515650
30 Sep 151,0572505620
30 Jun 151,0542545550
31 Mar 151,0372495480
31 Dec 141,0402545440
30 Sep 141,0322605380
30 Jun 141,0292625340
31 Mar 141,0262615290
31 Dec 131,0132585250

Quality Earnings: CBSH has high quality earnings.

Growing Profit Margin: CBSH's current net profit margins (30.6%) are lower than last year (32.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: CBSH's earnings have grown by 6.1% per year over the past 5 years.

Accelerating Growth: CBSH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CBSH had negative earnings growth (-0.04%) over the past year, making it difficult to compare to the Banks industry average (-12.2%).

Return on Equity

High ROE: CBSH's Return on Equity (14.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:03
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Commerce Bancshares, Inc. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew KeatingBarclays
Brandon BermanBofA Global Research
null nullD.A. Davidson & Co.