Commerce Bancshares (CBSH) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.50%. A quarter ago, it was expected that this bank holding company would post earnings of $0.82 per share when it actually produced earnings of $0.84, delivering a surprise of 2.44%.Over the last four quarter ...

Investors are always looking for stocks that are poised to beat at earnings season and Commerce Bancshares, Inc. (CBSH) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Commerce Bancshares is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Commerce Bancshares (CBSH) , which belongs to the Zacks Banks - Midwest industry.This bank holding company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.34%.For the last reported quarter, Commerce came out with earnings of $0.8 ...

Wall Street analysts forecast that Commerce Bancshares (CBSH) will report quarterly earnings of $0.80 per share in its upcoming release, pointing to a year-over-year decline of 11.1%. It is anticipated that revenues will amount to $385.9 million, exhibiting a decline of 0.9% compared to the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timefra ...

The market expects Commerce Bancshares (CBSH) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 16, 2024, might help the stock move higher if these key numbers ...

Commerce Bancshares, Inc. (CBSH) is well-positioned for top-line growth, supported by decent loan demand and efforts to improve fee income.  Supported by a solid balance sheet and earnings strength, its capital distributions seem sustainable.Analysts also seem optimistic regarding the company’s earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for CBSH’s earnings has been revised 2.9% and 1.8% upward for 2024 and 2025, respectively. The stock currently carries a Zacks Rank #2 (B ...

Commerce Bancshares, Inc (CBSH) is well-placed for revenue growth on the back of steady loan demand and strong fee income. Higher interest rates and a strong balance sheet position will continue to support its financials. However, elevated expenses and weak asset quality pose major near-term concerns.Commerce Bancshares is expanding organically. The company’s revenues witnessed a five-year (2018-2023) compound annual growth rate (CAGR) of 3.5% despite recording a decline in 2020. The upside was primarily dr ...

8 Item 1a. RISK FACTORS Table of Contents Net interest income totaled $998.1 million in 2023, increasing $55.9 million, or 5.9%, compared to $942.2 million in 2022. On a fully taxable-equivalent (FTE) basis, net interest income totaled $1.0 billion, and increased $54.9 million over 2022. This growth was mainly due to increases of $339.4 million in interest earned on loans and $88.2 million in interest earned on balances at the Federal Reserve, both mainly due to higher average rates earned. These increases ...

Series A lead investor, SixThirty names Commerce Bank CFO Chuck Kim to their PayGround board seat GILBERT, Ariz., Feb. 6, 2024 /PRNewswire/ -- PayGround, a healthcare fintech payments platform, today announced the addition of Chuck Kim, Executive Vice President and Chief Financial Officer of Commerce Bancshares, Inc., to its Board of Directors. Commerce Bank enjoys a leadership position in healthcare banking, payments and financial solutions. PayGround's Series A lead investor, SixThirty, appointed Kim to a ...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.27 per share on the Company's common stock, which compares to the prior dividend of $0.257 as adjusted for the 5% stock dividend that was paid on December 19, 2023. This represents an increase in the quarterly dividend per share of 5% and marks the 56th consecutive year that the Company has increased its regular cash dividend per share. The dividend is p ...