Commerce Bancshares, Inc. (CBSH) Analysts See $0.79 EPS

March 14, 2018 - By Louis Casey

 Commerce Bancshares, Inc. (CBSH) Analysts See $0.79 EPS
Investors sentiment increased to 1.43 in Q3 2017. Its up 0.23, from 1.2 in 2017Q2. It improved, as 10 investors sold Commerce Bancshares, Inc. shares while 73 reduced holdings. 31 funds opened positions while 88 raised stakes. 62.31 million shares or 0.33% less from 62.51 million shares in 2017Q2 were reported.
Tower Rech Cap Lc (Trc) accumulated 0% or 763 shares. Paragon Capital Management Limited Liability Company holds 1.82% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 93,767 shares. Balasa Dinverno & Foltz Lc has 16,095 shares. Davenport And reported 4,011 shares or 0% of all its holdings. Mutual Of America Management Lc accumulated 0.07% or 72,352 shares. Busey holds 5,116 shares or 0.04% of its portfolio. Citigroup holds 1,914 shares. Lpl Finance Ltd Llc invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). M&T Financial Bank Corporation owns 6,303 shares for 0% of their portfolio. American Interest Gp has 182,942 shares. Evercore Wealth Mngmt accumulated 0% or 203 shares. Evanson Asset Mgmt Limited Liability Corp invested in 4,946 shares or 0.06% of the stock. Aperio Ltd Limited Liability Company stated it has 503,698 shares or 0.16% of all its holdings. Moreover, Fmr Ltd has 0.01% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 1.75M shares. Cooke Bieler L P holds 376,827 shares.

Since October 26, 2017, it had 0 buys, and 18 selling transactions for $20.12 million activity. $174,034 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shares were sold by Callahan Daniel D.. FOSTER SARA E also sold $197,261 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) on Monday, January 29. On Monday, February 12 PETRIE MICHAEL J sold $35,308 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) or 618 shares. $4.50M worth of stock was sold by Kemper John W on Wednesday, February 7. Roller David L. sold $8,378 worth of stock or 141 shares. The insider KEMPER DAVID W sold $4.50 million.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.79 EPS on April, 12.They anticipate $0.14 EPS change or 21.54 % from last quarter’s $0.65 EPS. CBSH’s profit would be $84.30M giving it 19.34 P/E if the $0.79 EPS is correct. After having $0.74 EPS previously, Commerce Bancshares, Inc.’s analysts see 6.76 % EPS growth. The stock decreased 0.24% or $0.15 during the last trading session, reaching $61.11. About 469,188 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 19.51% since March 14, 2017 and is uptrending. It has outperformed by 2.81% the S&P500.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Ratings Coverage

Among 9 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 7 Hold. Therefore 0 are positive. Commerce Bancshares had 32 analyst reports since October 15, 2015 according to SRatingsIntel. Stephens maintained it with “Hold” rating and $5600 target in Friday, July 14 report. Keefe Bruyette & Woods maintained the stock with “Sell” rating in Thursday, January 18 report. Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Monday, June 12 with “Sell” rating. The rating was maintained by Piper Jaffray on Thursday, July 13 with “Hold”. As per Tuesday, February 27, the company rating was upgraded by Wood. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. Wells Fargo initiated the shares of CBSH in report on Friday, January 6 with “Market Perform” rating. The firm earned “Sell” rating on Thursday, July 13 by Keefe Bruyette & Woods. The rating was initiated by Piper Jaffray on Monday, July 11 with “Neutral”. As per Wednesday, December 6, the company rating was maintained by Keefe Bruyette & Woods.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses. The company has market cap of $6.52 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 21.12 P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

More recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were published by: which released: “Commerce Bancshares: Superior Returns Failing To Yield Meaningful Growth In …” on February 28, 2018. Also published the news titled: “Form 4 COMMERCE BANCSHARES INC For: Mar 07 Filed by: Roller David L.” on March 09, 2018.‘s news article titled: “Ex-Dividend Reminder: WesBanco, Commerce Bancshares and Regions Financial” with publication date: March 06, 2018 was also an interesting one.

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