Analysts See $0.96 EPS for Commerce Bancshares, Inc. (CBSH)

September 16, 2018 - By Winifred Garcia

Commerce Bancshares, Inc. (NASDAQ:CBSH) LogoInvestors sentiment increased to 1.26 in Q2 2018. Its up 0.19, from 1.07 in 2018Q1. It improved, as 13 investors sold Commerce Bancshares, Inc. shares while 85 reduced holdings. 43 funds opened positions while 80 raised stakes. 67.79 million shares or 0.11% less from 67.86 million shares in 2018Q1 were reported.
Gam Holding Ag holds 0.01% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 3,831 shares. Sei reported 155,350 shares. Federated Pa holds 36,034 shares or 0.01% of its portfolio. Voloridge Invest Llc holds 0.02% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 11,682 shares. Alabama-based Retirement Of Alabama has invested 0.08% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Public Employees Retirement Association Of Colorado stated it has 0.01% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Fuller And Thaler Asset Mgmt has 3,250 shares for 0% of their portfolio. 656,673 are held by Btim. Svcs Automobile Association holds 68,486 shares or 0.01% of its portfolio. Massmutual Communication Fsb Adv accumulated 1,000 shares. New Mexico Educational Retirement Board accumulated 21,980 shares. Amer Century Cos invested 0.2% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Wells Fargo Mn holds 0.02% or 995,474 shares. National Bank & Trust Of New York Mellon holds 0.02% or 1.17 million shares. Glenmede Trust Na holds 0% or 12,818 shares.

Since March 14, 2018, it had 0 insider purchases, and 15 sales for $9.21 million activity. KEMPER JONATHAN M sold $3.21M worth of stock. $84,148 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) shares were sold by ABERDEEN JEFFERY D. $66,549 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by Callahan Daniel D. on Tuesday, April 17. $649,290 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KEMPER DAVID W. 1,257 shares were sold by FOSTER SARA E, worth $90,068 on Monday, August 20. $50,818 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by PETRIE MICHAEL J.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.96 EPS on October, 11.They anticipate $0.28 EPS change or 41.18 % from last quarter’s $0.68 EPS. CBSH’s profit would be $102.35 million giving it 18.04 P/E if the $0.96 EPS is correct. After having $1.01 EPS previously, Commerce Bancshares, Inc.’s analysts see -4.95 % EPS growth. The stock increased 0.33% or $0.23 during the last trading session, reaching $69.28. About 401,281 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 33.57% since September 16, 2017 and is uptrending. It has outperformed by 17.95% the S&P500.

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

Among 10 analysts covering Commerce Bancshares Inc (NASDAQ:CBSH), 0 have Buy rating, 3 Sell and 7 Hold. Therefore 0 are positive. Commerce Bancshares Inc had 14 analyst reports since April 10, 2018 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Tuesday, July 17. Jefferies maintained the shares of CBSH in report on Wednesday, April 18 with “Hold” rating. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Sell” rating given on Tuesday, May 15 by Bank of America. The rating was downgraded by Raymond James to “Underperform” on Tuesday, July 10. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Underperform” rating by Bank of America on Friday, July 13. The firm earned “Equal-Weight” rating on Friday, July 13 by Barclays Capital. Piper Jaffray maintained it with “Hold” rating and $6300 target in Sunday, April 15 report. The firm earned “Hold” rating on Tuesday, April 17 by Stephens. The stock has “Underweight” rating by Morgan Stanley on Tuesday, April 17. Wells Fargo maintained it with “Market Perform” rating and $60 target in Tuesday, June 26 report.

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 $7.39 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.01 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 news for Commerce Bancshares, Inc. (NASDAQ:CBSH) were recently published by: Bizjournals.com, which released: “Jones, Kemper, 2 others make national list of influential finance executives” on September 10, 2018. Nasdaq.com‘s article titled: “What Makes Commerce Bancshares (CBSH) Stock a Hot Pick for Investors?” and published on August 24, 2018 is yet another important article.

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

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