merce Bancshares(CBSH)

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Here's Why Commerce Bancshares (CBSH) is a Strong Momentum Stock
ZACKS· 2025-02-17 15:55
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? ...
Why Commerce Bancshares (CBSH) is a Top Momentum Stock for the Long-Term
ZACKS· 2025-01-30 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Style Sc ...
HBAN or CBSH: Which Is the Better Value Stock Right Now?
ZACKS· 2025-01-23 17:41
Investors with an interest in Banks - Midwest stocks have likely encountered both Huntington Bancshares (HBAN) and Commerce Bancshares (CBSH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong ...
Commerce Bancshares' Q4 Earnings & Revenues Beat, Provisions Soar
ZACKS· 2025-01-23 13:15
Commerce Bancshares Inc. (CBSH) reported fourth-quarter 2024 earnings per share of $1.01, which surpassed the Zacks Consensus Estimate of 94 cents. The bottom line also jumped 27.8% from the prior-year quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Results benefited from a rise in net interest income (NII) and non-interest income. Also, stable adjusted expenses posed a tailwind. However, a substantial jump in provisions hurt the results to some extent.Net income attributable to ...
Commerce Bancshares: ‘Full-Service Approach' Drives Gains in Wealth Management Business
PYMNTS.com· 2025-01-22 16:24
Wealth Management Growth - Commerce Bancshares grew its wealth management business in Q4 through new initiatives targeting the market, contributing to revenue diversification [1] - The bank aims to expand its wealth management business by leveraging its private banking loan and deposit system, offering specialized products and services, and entering new concentrated wealth markets through acquisitions [2] - Strategies include expanding referrals with affluent households, enhancing sales and service processes, team development, and investing in digital tools for a seamless client experience [3] - Commerce Trust Company provides a full-service wealth management approach for high-net-worth individuals [4] Financial Performance - Net income in Q4 2023 was $136.1 million, up from $109.2 million YoY but slightly down from $138 million in the previous quarter [6] - Quarterly net interest income grew due to deposit and investment securities growth [7] - Non-interest income accounted for 36.8% of total revenue, with trust fees growing 14.6% YoY [7] Assets and Market Position - Assets under administration increased to $74.8 billion from $68.9 billion YoY [4] - The bank moved from 20th to 19th largest among bank-managed trust companies in terms of assets under management [5] Operational Footprint - The bank operates 142 branches and 253 ATMs across seven states [5] - Wealth management offices are located in Dallas, Houston, and Naples, Florida, outside its core banking footprint [5]
Commerce (CBSH) Reports Q4 Earnings: What Key Metrics Have to Say
ZACKS· 2025-01-22 15:31
For the quarter ended December 2024, Commerce Bancshares (CBSH) reported revenue of $422.08 million, up 7.3% over the same period last year. EPS came in at $1.01, compared to $0.84 in the year-ago quarter.The reported revenue represents a surprise of +1.68% over the Zacks Consensus Estimate of $415.12 million. With the consensus EPS estimate being $0.94, the EPS surprise was +7.45%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wal ...
merce Bancshares(CBSH) - 2024 Q4 - Annual Results
2025-01-22 14:29
CBSH 1000 Walnut Street / Suite 700 / Kansas City, Missouri 64106 / 816.234.2000 FOR IMMEDIATE RELEASE: Wednesday, January 22, 2025 COMMERCE BANCSHARES, INC. REPORTS FOURTH QUARTER EARNINGS PER SHARE OF $1.01 Commerce Bancshares, Inc. announced earnings of $1.01 per share for the three months ended December 31, 2024, compared to $.79 per share in the same quarter last year and $1.01 per share in the third quarter of 2024. Net income for the fourth quarter of 2024 amounted to $136.1 million, compared to $109 ...
Commerce Bancshares (CBSH) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-01-22 13:11
Commerce Bancshares (CBSH) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.45%. A quarter ago, it was expected that this bank holding company would post earnings of $1 per share when it actually produced earnings of $1.07, delivering a surprise of 7%.Over the last four quarters, the ...
Commerce (CBSH) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-01-16 15:20
In its upcoming report, Commerce Bancshares (CBSH) is predicted by Wall Street analysts to post quarterly earnings of $0.94 per share, reflecting an increase of 11.9% compared to the same period last year. Revenues are forecasted to be $415.12 million, representing a year-over-year increase of 5.6%.The consensus EPS estimate for the quarter has undergone a downward revision of 2.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...
CBSH Stock Trades Near 52-Week High: Is This the Right Time to Invest?
ZACKS· 2024-11-13 16:45
Commerce Bancshares Inc. (CBSH) shares have been performing remarkably well of late. At present, the stock is trading near its 52-week high of $72.74 hit during Monday’s trading session. Over the past month, CBSH stock has risen 19.9%, outperforming the industry and the Zacks Finance Sector. Also, the company’s shares have performed better than its close peers — Bank OZK (OZK) and Old National Bancorp (ONB) .One-Month Price PerformanceImage Source: Zacks Investment ResearchDoes CBSH stock have more upside l ...