Commerce Bancshares, Inc. (CBSH) Analysts See $0.88 EPS

June 20, 2018 - By Christine McCrea

Commerce Bancshares, Inc. (NASDAQ:CBSH) LogoInvestors sentiment decreased to 1.07 in 2018 Q1. Its down 1.64, from 2.71 in 2017Q4. It turned negative, as 16 investors sold Commerce Bancshares, Inc. shares while 91 reduced holdings. 34 funds opened positions while 81 raised stakes. 67.86 million shares or 3.53% more from 65.55 million shares in 2017Q4 were reported.
Wedge L Limited Partnership Nc holds 0.1% in Commerce Bancshares, Inc. (NASDAQ:CBSH) or 170,078 shares. Busey Tru Communications invested 0.03% in Commerce Bancshares, Inc. (NASDAQ:CBSH). The Texas-based Frontier Mgmt has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Atwood And Palmer stated it has 0.15% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). North Star Inv Management owns 13,959 shares. State Treasurer State Of Michigan has 34,223 shares. State Of Tennessee Treasury Department stated it has 0.03% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Chicago Equity Prtn Limited Liability Company accumulated 11,743 shares. Voya Investment Mngmt Limited Liability invested in 24,809 shares. Brown Brothers Harriman Company holds 1,970 shares. Point72 Asia (Hong Kong) has 0.02% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Rowland Inv Counsel Adv has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Fincl Advisory Ser Inc owns 8,858 shares. Monetary Mgmt Group owns 1,159 shares for 0.03% of their portfolio. Moreover, Tower Research Limited Company (Trc) has 0.03% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 5,927 shares.

Since January 29, 2018, it had 0 insider purchases, and 29 selling transactions for $23.34 million activity. KEMPER DAVID W sold $530,659 worth of stock or 8,414 shares. $84,148 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by ABERDEEN JEFFERY D. KEMPER JONATHAN M sold $3.01M worth of stock or 46,030 shares. Another trade for 850 shares valued at $51,825 was sold by BURIK JEFFREY M.. $197,261 worth of stock was sold by FOSTER SARA E on Monday, January 29. 1,090 Commerce Bancshares, Inc. (NASDAQ:CBSH) shares with value of $62,074 were sold by Callahan Daniel D..

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.88 EPS on July, 12.They anticipate $0.17 EPS change or 23.94 % from last quarter’s $0.71 EPS. CBSH’s profit would be $93.80 million giving it 18.88 P/E if the $0.88 EPS is correct. After having $0.92 EPS previously, Commerce Bancshares, Inc.’s analysts see -4.35 % EPS growth. The stock increased 0.36% or $0.24 during the last trading session, reaching $66.46. About 77,399 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 25.07% since June 20, 2017 and is uptrending. It has outperformed by 12.50% the S&P500.

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

Among 10 analysts covering Commerce Bancshares Inc (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Commerce Bancshares Inc had 16 analyst reports since December 21, 2017 according to SRatingsIntel. The rating was downgraded by Bank of America on Tuesday, May 15 to “Sell”. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Market Perform” rating given on Tuesday, February 27 by Wood. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Hold” rating by Keefe Bruyette & Woods on Monday, February 26. The firm earned “Underweight” rating on Tuesday, April 17 by Morgan Stanley. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Hold” rating given on Tuesday, April 10 by Raymond James. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Hold” rating given on Thursday, April 12 by Keefe Bruyette & Woods. The firm has “Sell” rating by Keefe Bruyette & Woods given on Thursday, January 18. The company was maintained on Thursday, January 18 by Piper Jaffray. Barclays Capital maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Wednesday, April 11 with “Equal-Weight” rating. Stephens maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Friday, January 19 with “Hold” rating.

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 $7.08 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.97 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: Businesswire.com which released: “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018” on June 08, 2018. Also Bizjournals.com published the news titled: “As another Kemper steps down, Commerce Bank shuffles its leadership” on June 04, 2018. Streetinsider.com‘s news article titled: “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners” with publication date: June 05, 2018 was also an interesting one.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Positions Chart

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