Insights Into Commerce (CBSH) Q3: Wall Street Projections for Key Metrics

Core Viewpoint - Analysts project that Commerce Bancshares (CBSH) will report quarterly earnings of $1.09 per share, reflecting a year-over-year increase of 1.9% and revenues of $438.41 million, up 4% from the same quarter last year [1]. Earnings Estimates - There has been a downward revision of 0.7% in the consensus EPS estimate over the last 30 days, indicating a collective reconsideration by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Key Financial Metrics - The average 'Efficiency Ratio' is estimated at 55.1%, down from 56.3% a year ago [4]. - 'Net Interest Margin' is expected to be 3.7%, compared to 3.5% in the same quarter last year [5]. - 'Average total interest earning assets' are projected to be $30.74 billion, up from $30.05 billion a year ago [5]. - 'Book value per share' is anticipated to reach $28.23, compared to $26.90 a year ago [6]. - The 'Tier I risk-based capital ratio' is expected to be 17.6%, up from 16.7% a year ago [6]. - The 'Total risk-based capital ratio' is projected at 18.4%, compared to 17.5% last year [6]. - 'Non-accrual loans' are estimated to be $19.88 million, up from $18.42 million a year ago [7]. - The 'Tier I Leverage Ratio' is expected to be 12.7%, compared to 12.3% last year [7]. Non-Interest Income - 'Total Non-Interest Income' is projected to be $160.81 million, compared to $159.03 million in the same quarter last year [8]. - 'Fully-taxable equivalent net interest income' is expected to reach $283.17 million, up from $264.64 million a year ago [8]. - 'Trust fees' are forecasted to be $56.32 million, compared to $54.69 million last year [8]. - 'Bank card transaction fees' are projected at $47.08 million, down from $47.57 million in the same quarter last year [9]. Stock Performance - Shares of Commerce have decreased by 5.1% in the past month, contrasting with a 0.4% increase in the Zacks S&P 500 composite [10]. - CBSH holds a Zacks Rank of 3 (Hold), indicating expected performance in line with the overall market [10].