Commerce Bancshares (CBSH) Rides on Loan Amid Weak Asset Quality

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 ...