CBSH
Bearish signalScored 2026-08-03 Drivers: fundamentals. Moteurs : fondamentaux.
Research, not advice.
À propos
Commerce Bancshares, Inc.
- Nom
- Commerce Bancshares, Inc.
- Secteur
- Financial Services
- Industrie
- Banks - Regional
- Bourse
- NASDAQ
- Capitalisation
- $8.0B
- Employés
- 4,976
- PDG
- John W. Kemper
- Site web
- https://www.commercebank.com
- Marché
- ASBBANFBOKFEQBKFCNCAFIBK
Commerce Bancshares, Inc. functions as the parent organization for Commerce Bank, delivering a comprehensive suite of financial products and services. These offerings span retail banking, mortgage services, corporate finance, investment solutions, trust administration, and asset management, catering to both individuals and businesses across the United States. Its operational structure is divided into three principal divisions: Consumer, Commercial, and Wealth Management. The Consumer division focuses on individual clients, providing essential banking services such as deposit accounts and a diverse range of personal loans. These include financing for automobiles, motorcycles, marine vehicles, tractor/trailers, recreational vehicles, fixed-rate and revolving home equity loans, and other personal credit products. This segment also facilitates patient healthcare funding, real estate loans, various indirect consumer financing options, personalized mortgage banking, installment lending, and consumer debit and credit cards. The Commercial segment offers robust support to businesses and institutional clients through corporate lending, equipment leasing, international banking, merchant and commercial card services, and secure securities safekeeping with bond accounting. It also manages specific business products, government deposit accounts, and extensive commercial cash management solutions. Additionally, this segment trades fixed-income securities to correspondent banks, corporate entities, public institutions, municipalities, and individual investors. Within the Wealth Management division, the company delivers traditional trust and estate planning, expert advisory and discretionary investment portfolio management, brokerage services, and exclusive private banking accounts. Beyond these core segments, Commerce Bancshares further offers private equity investment opportunities, securities brokerage, insurance agency functions, specialized lending, and additional leasing services. It also ensures convenient access to banking through its online and mobile platforms. The company maintains a significant physical presence with 287 branch locations distributed across Missouri, Kansas, Illinois, Oklahoma, and Colorado, complemented by several dedicated commercial offices. Established in 1865, Commerce Bancshares, Inc. is headquartered in Kansas City, Missouri.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 5 830 titres (~353 190,15 $ US)
- Insiders
- Kemper John W
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$2,013,797
Avg sell (VWAP, 90d window) $59.62 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
- Last activity
- 2026-07-29
- Last synced
-
2026-10-19 22:07:50
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-08-27 | Neff Douglas D | Sell · S | 666 | $58.15 | $38,725 | Form 4 |
| 2026-08-14 | Orf David L | Sell · S | 642 | $60.35 | $38,745 | Form 4 |
| 2026-08-04 | Roller David L. | Sell · S | 830 | $60.28 | $50,030 | Form 4 |
| 2026-07-30 | Holmes Robert S | Sell · S | 5,000 | $60.20 | $301,000 | Form 4 |
| 2026-07-29 | Kemper John W | Sell · S | 5,830 | $60.58 | $353,190 | Form 4 |
| 2026-07-28 | Brooks Derrick | Sell · S | 1,041 | $59.63 | $62,080 | Form 4 |
| 2026-07-27 | KIM CHARLES G | Sell · S | 19,771 | $59.18 | $1,170,028 | Form 4 |
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2022-05-23 | Ro Khanna | Sale | $15,001 - $50,000 |
| 2022-01-11 | Ro Khanna | Sale | $1,001 - $15,000 |
Signal
Bearish signalScored 2026-08-03 Drivers: fundamentals. Moteurs : fondamentaux.
The 0-100 score behind this signal and the full written analysis are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Unavailable or mixed. No purchase disclosures in the stored window
- Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Unavailable or mixed. Current ratio 0.00 · operating margin 34% — readings disagree
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 80.0% | 77.9% | 78.7% | 94.6% | 103.7% | |
| Ebit Margin | 34.2% | 32.5% | 31.5% | 40.4% | 47.7% | |
| Ebitda Margin | 36.8% | 35.0% | 34.0% | 43.4% | 50.8% | |
| Operating Profit Margin | 34.2% | 32.5% | 31.5% | 40.4% | 47.7% | |
| Pretax Profit Margin | 34.2% | 32.5% | 31.5% | 40.4% | 47.7% | |
| Continuous Operations Profit Margin | 26.7% | 25.5% | 24.6% | 31.9% | 37.6% | |
| Net Profit Margin | 26.5% | 25.1% | 24.2% | 31.2% | 36.9% | |
| Bottom Line Profit Margin | 26.5% | 24.9% | 24.0% | 30.9% | 36.6% | |
| Current Ratio | 0.000 | 0.443 | 0.437 | 0.451 | 0.570 | |
| Quick Ratio | 0.000 | 0.443 | 0.437 | 0.451 | 0.570 | |
| Solvency Ratio | 0.021 | 0.020 | 0.018 | 0.018 | 0.017 | |
| Cash Ratio | 0.000 | 0.120 | 0.095 | 0.029 | 0.130 | |
| Price To Earnings Ratio | 12.828 | 15.294 | 13.960 | 16.800 | 15.161 | |
| Price To Earnings Growth Ratio | 2.489 | 1.294 | -16.286 | -2.725 | 0.270 | |
| Forward Price To Earnings Growth Ratio | 2.489 | 1.294 | -16.286 | -2.725 | 0.270 | |
| Price To Earnings Diluted Ratio | 12.828 | 15.333 | 13.960 | 16.848 | 15.202 | |
| Price To Earnings Diluted Growth Ratio | 2.364 | 1.330 | -24.360 | -2.725 | 0.273 | |
| Price To Book Ratio | 1.918 | 2.409 | 2.247 | 3.302 | 2.322 | |
| Price To Sales Ratio | 3.398 | 3.810 | 3.359 | 5.198 | 5.548 | |
| Price To Free Cash Flow Ratio | 12.272 | 14.998 | 16.511 | 16.471 | 14.755 | |
| Price To Operating Cash Flow Ratio | 11.269 | 13.801 | 13.535 | 14.551 | 13.355 | |
| Debt To Assets Ratio | 0.091 | 0.091 | 0.092 | 0.089 | 0.083 | |
| Debt To Equity Ratio | 0.792 | 0.884 | 0.988 | 1.157 | 0.883 | |
| Debt To Capital Ratio | 0.442 | 0.469 | 0.497 | 0.536 | 0.469 | |
| Long Term Debt To Capital Ratio | 0.003 | 0.000 | 0.000 | 0.004 | 0.004 | |
| Financial Leverage Ratio | 8.682 | 9.667 | 10.768 | 12.930 | 10.674 | |
| Working Capital Turnover Ratio | -0.736 | -0.132 | -0.124 | -0.104 | -0.101 | |
| Operating Cash Flow Ratio | 0.000 | 0.020 | 0.017 | 0.019 | 0.018 | |
| Operating Cash Flow Sales Ratio | 0.302 | 0.276 | 0.248 | 0.357 | 0.415 | |
| Free Cash Flow Operating Cash Flow Ratio | 0.918 | 0.920 | 0.820 | 0.883 | 0.905 | |
| Debt Service Coverage Ratio | 0.187 | 0.175 | 0.162 | 0.189 | 0.193 | |
| Interest Coverage Ratio | 1.968 | 1.583 | 1.617 | 11.135 | 53.342 | |
| Short Term Operating Cash Flow Coverage Ratio | 0.216 | 0.197 | 0.168 | 0.197 | 0.198 | |
| Operating Cash Flow Coverage Ratio | 0.215 | 0.197 | 0.168 | 0.196 | 0.197 | |
| Capital Expenditure Coverage Ratio | 12.231 | 12.526 | 5.550 | 8.581 | 10.539 | |
| Dividend Paid And Capex Coverage Ratio | 3.178 | 3.022 | 2.194 | 2.904 | 3.332 | |
| Dividend Payout Ratio | 0.265 | 0.276 | 0.282 | 0.261 | 0.231 | |
| Enterprise Value Multiple | 12.012 | 10.263 | 10.226 | 14.942 | 9.220 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 80.0% | ▲2.1% | ▼-7.0% |
| Ebit Margin | 34.2% | ▲1.7% | ▼-3.0% |
| Ebitda Margin | 36.8% | ▲1.8% | ▼-3.2% |
| Operating Profit Margin | 34.2% | ▲1.7% | ▼-3.0% |
| Pretax Profit Margin | 34.2% | ▲1.7% | ▼-3.0% |
| Continuous Operations Profit Margin | 26.7% | ▲1.1% | ▼-2.6% |
| Net Profit Margin | 26.5% | ▲1.3% | ▼-2.3% |
| Bottom Line Profit Margin | 26.5% | ▲1.6% | ▼-2.1% |
| Current Ratio | 0.000 | ▼-0.443 | ▼-0.380 |
| Quick Ratio | 0.000 | ▼-0.443 | ▼-0.380 |
| Solvency Ratio | 0.021 | ▲0.001 | ▲0.002 |
| Cash Ratio | 0.000 | ▼-0.119 | ▼-0.075 |
| Price To Earnings Ratio | 12.828 | ▼-2.465 | ▼-1.980 |
| Price To Earnings Growth Ratio | 2.489 | ▲1.194 | ▲5.480 |
| Forward Price To Earnings Growth Ratio | 2.489 | ▲1.194 | ▲5.480 |
| Price To Earnings Diluted Ratio | 12.828 | ▼-2.505 | ▼-2.006 |
| Price To Earnings Diluted Growth Ratio | 2.364 | ▲1.034 | ▲6.987 |
| Price To Book Ratio | 1.917 | ▼-0.492 | ▼-0.522 |
| Price To Sales Ratio | 3.398 | ▼-0.413 | ▼-0.865 |
| Price To Free Cash Flow Ratio | 12.272 | ▼-2.726 | ▼-2.729 |
| Price To Operating Cash Flow Ratio | 11.269 | ▼-2.532 | ▼-2.033 |
| Debt To Assets Ratio | 0.091 | ▼-0.000 | ▲0.002 |
| Debt To Equity Ratio | 0.792 | ▼-0.092 | ▼-0.149 |
| Debt To Capital Ratio | 0.442 | ▼-0.027 | ▼-0.041 |
| Long Term Debt To Capital Ratio | 0.003 | ▲0.003 | ▲0.001 |
| Financial Leverage Ratio | 8.682 | ▼-0.985 | ▼-1.862 |
| Working Capital Turnover Ratio | -0.736 | ▼-0.604 | ▼-0.497 |
| Operating Cash Flow Ratio | 0.000 | ▼-0.021 | ▼-0.015 |
| Operating Cash Flow Sales Ratio | 0.301 | ▲0.025 | ▼-0.018 |
| Free Cash Flow Operating Cash Flow Ratio | 0.918 | ▼-0.002 | ▲0.029 |
| Debt Service Coverage Ratio | 0.187 | ▲0.011 | ▲0.005 |
| Interest Coverage Ratio | 1.968 | ▲0.385 | ▼-11.961 |
| Short Term Operating Cash Flow Coverage Ratio | 0.216 | ▲0.018 | ▲0.021 |
| Operating Cash Flow Coverage Ratio | 0.215 | ▲0.017 | ▲0.020 |
| Capital Expenditure Coverage Ratio | 12.230 | ▼-0.295 | ▲2.345 |
| Dividend Paid And Capex Coverage Ratio | 3.178 | ▲0.156 | ▲0.253 |
| Dividend Payout Ratio | 0.265 | ▼-0.010 | ▲0.002 |
| Enterprise Value Multiple | 12.012 | ▲1.748 | ▲0.679 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $7.27B | $7.97B | $6.62B | $8.14B | $7.98B | |
| Enterprise value | $9.47B | $7.53B | $6.84B | $10.15B | $6.74B | |
| EV / Sales | 4.43x | 3.60x | 3.48x | 6.48x | 4.69x | |
| EV / Op. cash flow | 14.68x | 13.03x | 14.00x | 18.14x | 11.28x | |
| EV / Free cash flow | 15.98x | 14.16x | 17.08x | 20.54x | 12.46x | |
| EV / EBITDA | 12.01x | 10.26x | 10.23x | 14.94x | 9.22x | |
| Net debt / EBITDA | 2.79x | -0.61x | 0.34x | 2.96x | -1.70x | |
| Current ratio | 0.00x | 0.44x | 0.44x | 0.45x | 0.57x | |
| Income quality | 1.13x | 1.08x | 1.01x | 1.12x | 1.11x | |
| Graham number | $50 | $47 | $41 | $38 | $45 | |
| Graham net-net | -$138 | -$120 | -$120 | -$118 | -$103 | |
| Tax burden | 77.4% | 77.5% | 77.0% | 77.2% | 77.3% | |
| Interest burden | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
| Working capital | $9.90B | -$15.71B | -$15.91B | -$15.95B | -$14.11B | |
| Invested capital | $10.54B | -$15.08B | -$15.28B | -$15.38B | -$13.57B | |
| Return on assets | 1.7% | 1.6% | 1.5% | 1.5% | 1.4% | |
| Operating ROA | 2.3% | 2.1% | 1.9% | 1.8% | 2.0% | |
| Return on tangible assets | 1.7% | 1.7% | 1.5% | 1.5% | 1.5% | |
| Return on equity | 14.9% | 15.9% | 16.2% | 19.8% | 15.4% | |
| Return on invested capital | 4.2% | 8.0% | 7.7% | 8.8% | 7.9% | |
| Return on capital employed | 2.2% | 18.0% | 18.1% | 22.2% | 17.8% | |
| Earnings yield | 7.8% | 6.6% | 7.2% | 6.0% | 6.6% | |
| Free cash flow yield | 8.1% | 6.7% | 6.1% | 6.1% | 6.8% | |
| Capex / Op. cash flow | 8.2% | 8.0% | 18.0% | 11.7% | 9.5% | |
| Capex / Depreciation | 93.4% | 85.3% | 177.9% | 139.1% | 126.4% | |
| Capex / Sales | 2.5% | 2.2% | 4.5% | 4.2% | 3.9% | |
| SG&A / Sales | 31.0% | 30.9% | 32.6% | 37.6% | 38.7% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 0.8% | 0.8% | 0.9% | 1.1% | 1.1% | |
| Intangibles / Total assets | 0.5% | 0.5% | 0.5% | 0.5% | 0.4% | |
| Days sales outstanding | 0d | 0d | 0d | 0d | 0d | |
| Days payables outstanding | 0d | 0d | 0d | 0d | 0d | |
| Operating cycle | 0d | 0d | 0d | 0d | 0d | |
| Cash conversion cycle | 0d | 0d | 0d | 0d | 0d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-15 Exploring Analyst Estimates for Commerce (CBSH) Q3 Earnings, Beyond Revenue and EPS Get a deeper insight into the potential performance of Commerce (CBSH) for the quarter ended September 2026 by going beyond Wall Street''s top-and-bottom-line estimates and examining the estimates for some of its key metrics.
- 2026-10-15 Do Options Traders Know Something About CBSH Stock We Don''t? Investors need to pay close attention to Commerce Bancshares stock based on the movements in the options market lately.
- 2026-10-13 Will Commerce (CBSH) Beat Estimates Again in Its Next Earnings Report? Commerce (CBSH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 2026-10-13 Commerce Bancshares (CBSH) Reports Next Week: Wall Street Expects Earnings Growth Commerce (CBSH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 2026-10-06 Can Nolan & Associates Deal Fortify Commerce Bancshares'' Fee Income? CBSH''s Nolan & Associates deal adds IB capabilities and another fee-growth channel without proportionate balance-sheet expansion.
- 2026-10-02 Can Commerce Bancshares Balance Capital Returns With Growth? CBSH''s strong liquidity, earnings and capital cushion support shareholder returns while funding expansion, technology and FineMark integration.
- 2026-10-01 Commerce Bancshares, Inc. (NASDAQ:CBSH) Stock Has Average Price Target of $64.71 Shares of Commerce Bancshares, Inc. (NASDAQ: CBSH - Get Free Report) have been given an average recommendation of "Hold" by the ten research firms that are covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year
- 2026-09-26 Best Dividend Kings: September 2026 Dividend Kings are underperforming SPY in September, with a -4.22% average return versus SPY''s marginal gain. Despite aggregate weakness, 29 Dividend Kings appear both undervalued and offer a long-term expected return of at least 10%. Recent dividend increases and higher projected earnings growth have modestly improved the Kings'' average dividend growth rate to 4.49%.
- 2026-09-18 The Dividend Kings Ranked By Quality Scores (September 2026) Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank the Dividend Kings using my 9F Quality Scores, blending qualitative and quantitative factors for a robust, investment-grade assessment. ADP stands out as the best total-return candidate. It is undervalued, high-quality, and offering a strong projected dividend growth rate and Adjusted Chowder Number.
- 2026-09-15 California State Teachers Retirement System Buys 8,894,384 Shares of Commerce Bancshares, Inc. $CBSH California State Teachers Retirement System lifted its stake in shares of Commerce Bancshares, Inc. (NASDAQ: CBSH) by 5,296.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,062,303 shares of the financial services provider''s stock after acquiring an additional 8,894,384 shares