
Commerce Bancshares has seen a steady increase in its stock performance over the years, with a high point of $93.35 in 2020.
The company's economic insights are a key factor in its success, with a strong presence in the Midwest region.
With a market capitalization of $5.6 billion, Commerce Bancshares has a significant presence in the banking industry.
Its diversified portfolio of businesses, including banking, mortgage banking, and wealth management, has contributed to its growth.
Financial Performance
In 2024, Commerce Bancshares's revenue reached $1.63 billion, marking a 5.16% increase from the previous year's $1.55 billion.
The company's earnings also saw a significant boost, growing by 11.32% to $526.33 million.
This growth is a testament to the bank's strong financial performance, which has been consistent over the past year.
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Return vs. S&P
Let's take a closer look at the return on investment (ROI) of Commerce Bancshares compared to the S&P. Over the past year, Commerce Bancshares has seen a +45.82% return, significantly outpacing the S&P's +22.15% return.

One of the most striking differences between the two is their performance over the long term. Since their IPO, Commerce Bancshares has seen a +13,258% return, whereas the S&P has seen a +3,258% return. That's a staggering +10,000% difference!
Looking at the 5-year returns, Commerce Bancshares has a +37.56% return, while the S&P has a +80.46% return. This may seem like a significant difference, but when you look at the 5-year annualized return, Commerce Bancshares actually has a lower +6.59% return compared to the S&P's +12.53% return.
Financial Performance
In 2024, Commerce Bancshares's revenue was $1.63 billion, an increase of 5.16% compared to the previous year's $1.55 billion.
The company's earnings were $526.33 million in 2024, marking an 11.32% increase from the previous year.
Earnings per share for the three months ended December 31, 2023, were $.84, compared to $1.00 per share in the same quarter last year.
During the same quarter in 2023, Commerce Bancshares reported earnings per share of $.84, which is the same as the previous year.
The company's earnings per share for the three months ended September 30, 2023, were $.96, compared to $.97 per share in the same quarter last year.
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Analyst Forecast

The average rating for CBSH stock is "Hold" according to 7 analysts. Analysts are predicting a decrease of -0.12% from the latest price. The 12-month stock price forecast is $66.72.
$1.07
Commerce Bancshares, Inc. reported a consistent earnings per share of $1.07 in both the third and second quarters of 2024.
In the third quarter, the company announced earnings of $1.07 per share for the three months ended September 30, 2024, compared to $.92 per share in the same quarter last year.
This is a significant increase from the previous year, indicating a strong financial performance for Commerce Bancshares, Inc.
The company also reported a similar earnings per share of $1.07 in the second quarter, for the three months ended June 30, 2024, compared to $.97 per share in the same quarter last year.
This consistency in earnings per share suggests a stable financial foundation for Commerce Bancshares, Inc.
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Stocks and Dividends
Commerce Bancshares has a history of paying dividends to its shareholders. The company has been paying dividends since at least 2009, with a dividend amount of $0.59 per share that year.

The dividend payout has fluctuated over the years, ranging from $0.53 to $1.03 per share. In 2022, the dividend payout was $0.87 per share.
Here is a breakdown of the dividend payouts for Commerce Bancshares over the past 15 years:
The dividend yield, which is the ratio of the annual dividend payment to the stock's current price, has also varied over the years. The highest dividend yield was 2.50% in 2012.
$.86
In the world of stocks and dividends, understanding the earnings per share is crucial for making informed investment decisions. Commerce Bancshares, Inc. reported earnings of $.86 per share for the three months ended March 31, 2024.
This figure is compared to $.91 per share in the same quarter last year, indicating a slight decrease in earnings. The decrease in earnings per share might be a concern for investors, but it's essential to consider the context and overall performance of the company.
As an investor, it's vital to stay up-to-date with the latest financial reports to make informed decisions about your portfolio. Commerce Bancshares, Inc.'s earnings per share of $.86 is a specific fact that can help you evaluate their current performance.
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Declares Stock and Cash Dividends

Commerce Bancshares, Inc. has a history of declaring stock and cash dividends. The company's Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock in 2022.
In recent years, Commerce Bancshares, Inc. has maintained a consistent dividend payout. For example, in 2021, the company declared a quarterly dividend of $0.275 per share.
The dividend payout has also varied over the years. In 2019, Commerce Bancshares, Inc. declared a quarterly dividend of $0.27 per share.
Here's a breakdown of the company's dividend history:
The dividend yield, which is the ratio of the dividend payout to the stock's current price, can also provide insight into the company's dividend history. For example, in 2022, the dividend yield was 1.65%.
Commerce Bancshares, Inc. has also maintained a consistent dividend payout ratio, which is the percentage of earnings paid out as dividends. In 2022, the dividend payout ratio was approximately 30%.
The company's dividend history suggests a commitment to returning value to shareholders.
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U.S. Bank Stocks Downgraded

U.S. bank stocks slid on Tuesday after Moody's downgraded several small to mid-sized banks. This led to concerns about the stability of the banking industry.
U.S.-listed exchange-traded funds that buy bank stocks fell on Tuesday. This indicates a decline in investor confidence in the banking sector.
Moody's Investors Service put a handful of major U.S. banks on review for a possible downgrade. This sparked fears of further instability in the market.
U.S. bank shares slid on Tuesday, reflecting the uncertainty in the banking industry. This decline in stock prices may impact investor portfolios.
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Leadership and Management
Commerce Bancshares' leadership and management team is comprised of experienced professionals who have a deep understanding of the company's history and values.
The company's leadership team has a strong track record of promoting from within, with many senior executives starting their careers at Commerce Bancshares as entry-level employees.
They have a clear vision for the company's future, which is to continue to grow and expand its services to meet the evolving needs of its customers.

Under the leadership of David R. Zwiener, the company's President and Chief Executive Officer, Commerce Bancshares has been able to navigate the challenges of the banking industry and remain a stable and successful institution.
Zwiener has over 30 years of experience in the banking industry and has a proven track record of leadership and innovation.
The company's management team is also committed to community involvement and has a strong reputation for supporting local causes and charitable organizations.
Commerce Bancshares has been recognized for its commitment to corporate social responsibility and has received numerous awards for its community involvement.
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Insider Activity and Shareholders
Insider Activity at Commerce Bancshares is a notable aspect of the company's dynamics. Insider buying activity is evident, with several executives and directors purchasing shares on January 27, 2025.
Brooks Derrick, Orf David L, and others bought shares on that day, indicating a positive sentiment towards the company's future prospects. The total number of shares bought by these insiders on January 27, 2025, is 27,551.00.
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Some notable insider buying transactions include Brooks Derrick's purchase of 3,272 shares and Orf David L's purchase of 3,682 shares. These transactions demonstrate the confidence of Commerce Bancshares' leadership in the company's potential for growth.
Here's a breakdown of the top 5 insider buying transactions on January 27, 2025:
The ownership structure of Commerce Bancshares is also worth noting, with a significant portion of shares held by institutional investors.
Insider Activity
Insider Activity is a crucial aspect of a company's operations, and it's essential to understand what's happening behind the scenes. Insider Activity refers to the buying or selling of a company's shares by its top executives, directors, or other key personnel.
Several executives at Commerce Bancshares engaged in significant buying activity on January 27, 2025. Brooks Derrick purchased 3,272 shares, Orf David L bought 3,682 shares, and the list goes on.
Here are some notable purchases made by Commerce Bancshares executives on January 27, 2025:
As you can see, these executives are confident in the company's future prospects and are investing their own money in its success.
Shareholder

As we explore the world of insider activity and shareholders, let's take a closer look at who's behind the scenes.
The Vanguard Group, Inc. is the largest shareholder of Commerce Bancshares, holding a significant 9.65% stake in the company.
Freefloat, a term used to describe shares available for public trading, accounts for a substantial 96.66% of the company's ownership.
Aristotle Capital Management LLC is another notable shareholder, with a 6.90% stake in Commerce Bancshares.
The bank's own entity, Commerce Bank (Kansas City, Missouri), holds a 5.17% stake in the company.
Other significant shareholders include SSgA Funds Management, Inc., BlackRock Fund Advisors, and State Street Corp., each holding around 4% or more of the company's shares.
Here's a breakdown of the top shareholders:
Banking and Economy
Earnings season is back in full swing with some small banks reporting earnings this week. This means we can expect to see more financial updates from regional banks like Commerce Bancshares.
Regional banks like Commerce Bancshares are reporting their earnings, giving us a glimpse into the financial health of these institutions.
Financial Statements

Commerce Bancshares's financial performance has been steadily increasing over the years. In 2024, the company's revenue reached $2,092.93 million, a 7.81% increase from the previous year.
The sales growth has been consistent, with a significant jump of 27.85% in 2023. However, this growth slowed down in 2022 with a 8.12% increase.
Here are the changes in sales over the years:
The company's operating income has also seen a steady increase, reaching $679.49 million in 2024. This represents a 9.64% increase from the previous year.
Income after tax has been increasing as well, reaching $526.33 million in 2024, an 11.32% increase from the previous year.
Dividend and Stock Information
Commerce Bancshares has a history of paying dividends to its shareholders. The company's dividend calendar shows that it has been paying a quarterly dividend since at least 2009.
The dividend amount has varied over the years, with a low of $0.53 in 2013 and 2014, and a high of $1.03 in 2024. The dividend yield has also fluctuated, ranging from 1.41% in 2022 to 1.65% in 2024.
Here is a breakdown of Commerce Bancshares' dividend payments over the years:
In addition to its dividend payments, Commerce Bancshares has also authorized a stock repurchase program.
$1.01

Commerce Bancshares, Inc. reported earnings of $1.01 per share for the three months ended December 31, 2024.
This is a significant increase from the same quarter last year, where earnings were only $0.79 per share.
The company's fourth quarter earnings per share of $1.01 is a notable achievement, and it's likely to be of interest to investors.
This information is based on a recent press release from Commerce Bancshares, Inc.
The exact date of the release is not specified, but it's clear that the company's financial performance has improved.
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Dividend Calendar
The dividend calendar is a crucial tool for investors to keep track of upcoming dividend payments. Commerce Bancshares Inc. has a well-established dividend history, with payments dating back to 2009.
The dividend payment amount has varied over the years, ranging from $0.53 to $1.03 per share. In 2024, the dividend payment is set at $1.03 per share.
A closer look at the dividend calendar reveals that the company has consistently paid a quarterly dividend since 2009. The dividend yield, which is the ratio of the dividend payment to the stock's current price, has also fluctuated over time.
Here's a breakdown of the dividend payments for Commerce Bancshares Inc. over the past 15 years:
Awards and Recognition

Commerce Bank has received numerous awards and recognition for its outstanding performance and commitment to excellence. In 2024, Bank Director named Commerce Bank one of the Top 25 U.S. Banks.
Forbes has consistently recognized Commerce Bank as one of the World's Best Banks, a title it held for the fifth consecutive year in 2023. This prestigious award is a testament to the bank's exceptional service and financial stability.
In addition to its national recognition, Commerce Bank has been named one of America's Best Banks in Each State for Missouri by Forbes in 2023. This local recognition highlights the bank's commitment to serving its community.
Commerce Bank has also been recognized as one of the Best Employers by State in Missouri by Forbes in 2024. This award acknowledges the bank's dedication to creating a positive work environment for its employees.
The bank's commitment to diversity and inclusion has also been recognized by the Human Rights Campaign's Corporate Equality Index (CEI), which scored Commerce Bank 90 out of 100 in 2023. This score is a testament to the bank's ongoing efforts to create a welcoming and inclusive workplace.
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Here are some of the notable awards and recognition received by Commerce Bank:
- Bank Director's Top 25 Banks (2024)
- Forbes' World's Best Banks (2023)
- Forbes' America's Best Banks in Each State (2023)
- Forbes' Best Employer by State: Missouri (2024)
- Forbes' America's Best Midsize Employers (2024)
- Human Rights Campaign's 2023 Corporate Equality Index (CEI)
- Newsweek's America's Best Regional Bank (2024)
- Newsweek's America's Greatest Workplaces (2023)
- Newsweek's Greatest Workplaces for Parents & Families (2024)
- S&P Global Market Intelligence Top 50 Public Banks (2023)
- U.S. News & World Report Best Companies to Work For (2024-2025)
Commerce Bank's commitment to excellence has earned it a spot on Newsweek's list of America's Greatest Workplaces for Parents and Families, receiving a four-star rating in 2024. The bank's dedication to creating a positive work environment for its employees has also been recognized by U.S. News & World Report as one of the Best Companies to Work For in 2024-2025.
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Frequently Asked Questions
What does commerce Bancshares do?
Commerce Bancshares provides banking, wealth management, and capital markets services to individuals and businesses. They offer a range of financial solutions to help customers achieve their financial goals.
What happen to Commerce Bank?
Commerce Bank was acquired by Toronto-Dominion Bank in 2007 and eventually merged with TD Banknorth to form TD Bank, N.A. All Commerce Bank branches were rebranded with the TD Bank logo.
Is Commerce Bank a real bank?
Yes, Commerce Bank is a real bank, a subsidiary of Commerce Bancshares, Inc., a regional bank holding company. It offers a range of financial services to individuals and businesses.
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