CBSH Stock Recent News

Commerce Bancshares saw its net income increase 9% year over year, driven in part by expanding net interest margin. For the quarter ended June 30, the Missouri-based regional bank holding company with 142 branches in seven states posted a net income of $139.6 million, up from $127.

Although the revenue and EPS for Commerce (CBSH) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Commerce Bancshares (CBSH) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.97 per share a year ago.

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.

Commerce (CBSH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Commerce Bancshares (CBSH) is likely to benefit from its balance sheet repositioning efforts, decent loan demand, high rates and strong liquidity. These make the stock an attractive pick for investors.

Commerce Bancshares (CBSH) remains well-poised for growth driven by a solid balance sheet, decent loan demand and high rates. However, worsening asset quality and a rising expense base are woes.

Commerce Bancshares (CBSH) announces a strategic balance sheet repositioning, which will drive its NII higher. This follows the acceptance of a share exchange deal with Visa.

Commerce (CBSH) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Commerce Bancshares' (CBSH) Q1 earnings beat estimates on the back of higher non-interest income and lower provisions. However, high costs and lower NII turn out to be the undermining factors.