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CBSH logo CBSH
Upturn stock ratingUpturn stock rating
CBSH logo

Commerce Bancshares Inc (CBSH)

Upturn stock ratingUpturn stock rating
$62.17
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

06/30/2025: CBSH (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

7 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Year Target Price $65.75

Year Target Price $65.75

Analyst’s Price TargetsFor last 52 week
$65.75Target price
Low$51.41
Current$62.17
high$71.83

Analysis of Past Performance

Type Stock
Historic Profit 2.01%
Avg. Invested days 36
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 8.28B USD
Price to earnings Ratio 15.4
1Y Target Price 65.75
Price to earnings Ratio 15.4
1Y Target Price 65.75
Volume (30-day avg) 7
Beta 0.6
52 Weeks Range 51.41 - 71.83
Updated Date 06/30/2025
52 Weeks Range 51.41 - 71.83
Updated Date 06/30/2025
Dividends yield (FY) 1.77%
Basic EPS (TTM) 4.03

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 33.17%
Operating Margin (TTM) 44.68%

Management Effectiveness

Return on Assets (TTM) 1.75%
Return on Equity (TTM) 17.01%

Valuation

Trailing PE 15.4
Forward PE 16.39
Enterprise Value 6495128064
Price to Sales(TTM) 5.04
Enterprise Value 6495128064
Price to Sales(TTM) 5.04
Enterprise Value to Revenue 4.42
Enterprise Value to EBITDA -
Shares Outstanding 133420000
Shares Floating 121576526
Shares Outstanding 133420000
Shares Floating 121576526
Percent Insiders 2.56
Percent Institutions 72.05

Analyst Ratings

Rating 3
Target Price 65.75
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 7
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Commerce Bancshares Inc

stock logo

Company Overview

overview logo History and Background

Commerce Bancshares, Inc. was founded in 1865 in Kansas City, Missouri. It started as a small bank serving the local community and has grown through organic expansion and strategic acquisitions into a major regional bank holding company.

business area logo Core Business Areas

  • Commercial Banking: Offers a range of services, including lending, deposit accounts, cash management, and international trade finance, to businesses of all sizes.
  • Consumer Banking: Provides checking and savings accounts, credit cards, mortgages, personal loans, and investment services to individual customers.
  • Wealth Management: Offers trust, investment management, financial planning, and private banking services to high-net-worth individuals and families.
  • Payment Solutions: Processes payments for businesses, facilitating both in-person and online transactions.

leadership logo Leadership and Structure

David Kemper is the Executive Chairman, and John Kemper is the CEO. The company operates with a traditional hierarchical structure, with various departments and divisions reporting to senior management.

Top Products and Market Share

overview logo Key Offerings

  • Commercial Loans: Commerce Bancshares provides various commercial loan products. Competitors include regional and national banks such as U.S. Bancorp and Bank of America. Market share data is not readily available.
  • Market Share (%):
  • Consumer Checking Accounts: Commerce Bancshares offers personal checking accounts. Competitors include national and online banks like Chase and Capital One. Market share data is not readily available.
  • Wealth Management Services: Commerce Bancshares offers investment advisory services, competing with firms like Edward Jones and Morgan Stanley. Market share data is not readily available.

Market Dynamics

industry overview logo Industry Overview

The banking industry is currently navigating a complex landscape with changing interest rates, increased regulatory scrutiny, and technological advancements. Competition is intense, with traditional banks facing pressure from fintech companies and online lenders.

Positioning

Commerce Bancshares is a well-established regional bank known for its strong customer relationships and conservative lending practices. It aims to provide a full suite of financial services to businesses and individuals in its geographic footprint.

Total Addressable Market (TAM)

The TAM for regional banking services in the Midwest is estimated to be in the hundreds of billions of dollars. Commerce Bancshares is positioned to capture a portion of this TAM through its established presence and diverse product offerings.

Upturn SWOT Analysis

Strengths

  • Strong regional presence
  • Conservative lending practices
  • Long-standing customer relationships
  • Diversified product offerings

Weaknesses

  • Limited geographic reach
  • Slower adoption of new technologies compared to larger banks
  • Reliance on traditional banking channels
  • Higher expense ratio than peers

Opportunities

  • Expanding into new markets within its region
  • Investing in fintech to enhance customer experience
  • Acquiring smaller banks to increase market share
  • Growing wealth management business

Threats

  • Rising interest rates
  • Increased competition from online banks and fintech companies
  • Economic downturns
  • Regulatory changes

Competitors and Market Share

competitor logo Key Competitors

  • USB
  • FITB
  • KEY

Competitive Landscape

Commerce Bancshares benefits from its strong regional presence and customer relationships. However, it faces challenges from larger national banks with greater resources and fintech companies offering innovative financial solutions.

Major Acquisitions

Heartland Payment Systems

  • Year: 2016
  • Acquisition Price (USD millions): 4500
  • Strategic Rationale: The acquisition of Heartland Payment Systems strengthens CBSH's payment solutions business. It provides a scalable, integrated platform for clients to process payments. It also expands the geographic reach, revenue and profitability of the Bank.

Growth Trajectory and Initiatives

Historical Growth: Commerce Bancshares has experienced steady growth over the past decade, driven by organic expansion and strategic acquisitions.

Future Projections: Analysts project moderate revenue growth in the coming years, driven by loan growth, fee income, and wealth management services. Earnings per share are expected to increase at a similar pace.

Recent Initiatives: Recent initiatives include investing in technology to improve customer experience, expanding into new markets within its region, and growing its wealth management business.

Summary

Commerce Bancshares is a financially sound regional bank with a long history and strong customer relationships. Its conservative lending practices provide stability, but its limited geographic reach and slower adoption of technology may hinder future growth. Strategic investments in fintech and expansion into new markets are crucial for sustaining its competitive position. Recent acquistions bolster its market presence.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings (10-K, 10-Q)
  • Investor presentations
  • Earnings call transcripts
  • Third-party financial data providers

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market share and growth projections are based on estimates and are subject to change. Investment decisions should be based on individual financial circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Commerce Bancshares Inc

Exchange NASDAQ
Headquaters Kansas City, MO, United States
IPO Launch date 1984-09-07
President, CEO & Director Mr. John W. Kemper
Sector Financial Services
Industry Banks - Regional
Full time employees 4662
Full time employees 4662

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.