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Commerce Bancshares Inc (CBSH) stock

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NASDAQ: CBSH Nasdaq Regional Banks Next results ~January 21, 2027

C+ Fundamentals grade

Commerce Bancshares Inc is a US-listed company in the regional banks industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 12 selling1 purchase and 16 sales by directors and officers, last 12 monthsInsider trades
  • Funds257 adding, 196 cuttingOf 48 active managers that changed their stake, 23 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Commerce Bancshares files

Where Commerce Bancshares stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.86bn, up 8.6% on a year earlier, faster than 7.5% a quarter earlier. That puts it 8 of 9 for growth among the state commercial banks companies we cover.

Our model value for Commerce Bancshares is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 21, 2027 (estimated)

Commerce Bancshares Inc's trailing-twelve-month revenue grew 8.6% year on year, with a free-cash-flow margin of 65.1%.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 145.2% while net income grew 4.6%: a 141pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 65.1% of revenue turned into free cash flow.
  • Net cash. Cash exceeds long-term debt by $2.9bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Weakest spot: revenue growth. Revenue growth of 8.6% ranks 169 of 245 regional banks companies we cover (median 12.5%).

Latest results: FY2026 Q2

Filed August 5, 2026
Earnings per share
$1.08 against an average estimate of $1.07: beat by 0.5%
Revenue
$499m, up 11.9% on a year earlier
Share reaction
+0.1% in the first session after the results on October 20, 2026, against +0.9% for the S&P 500
Guidance given
maturities and pay downs of available for sale debt securities $1.1bn (the next 12 months)
Next report
January 21, 2027; average EPS estimate $1.09

Commerce Bancshares' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+1.3%
  • 1 week-0.0%
  • 1 month+0.9%
  • This year+8.3%
  • 1 year+13.6%
  • 5 years-0.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.9B
Net margin
31.3%

Growth

Revenue growth
+8.6%
Change in growth rate
+1.1 pts

Earnings

Last results
October 20, 2026
Next results (est.)
January 21, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Dividend
  2. Results
  3. Guidance
  4. Deal
  5. Dividend
  6. Insider trade
  7. Results
  8. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Commerce Bancshares Inc valuation models and calculator

No model value for Commerce Bancshares Inc at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Commerce Bancshares Inc as a bank or lender, with every model that fits that kind of business. Cost of equity 8.3%: the 10-year Treasury yield (4.9%) plus a beta of 0.75 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$74 ~$52–$110 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$76 ~$64–$94 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$51 ~$34–$67 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$24 ~$32–$47 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$45 ~$42–$54 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$85 ~$69–$110 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Commerce Bancshares Inc with banks and lenders in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: January 21, 2027, before the open. Analysts expect revenue of $501m and EPS of $1.09 (range $1.07 to $1.12) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.28 +6% $2.0bn +12%
Next $4.61 +9% $2.1bn +4%

Next year's EPS estimate has moved +1.5% in 90 days, across 10 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −0.3% on 90 days ago. In the last 30 days, 1 analyst raised Commerce Bancshares Inc's forecast and 4 cut it.

Consensus EPS forecast Commerce Bancshares Inc, last 90 days
$4.20 $4.30 $4.40 $4.50 $4.60 $4.70 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.29 Current fiscal year, 60 days ago: $4.30 Current fiscal year, 30 days ago: $4.30 Current fiscal year, 7 days ago: $4.28 Current fiscal year, Now: $4.28 $4.28 Next fiscal year, 90 days ago: $4.54 Next fiscal year, 60 days ago: $4.59 Next fiscal year, 30 days ago: $4.58 Next fiscal year, 7 days ago: $4.61 Next fiscal year, Now: $4.61 $4.61

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.29$4.54
60 days ago $4.30$4.59
30 days ago $4.30$4.58
7 days ago $4.28$4.61
Now $4.28$4.61

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.07 $1.08 +0.5%
Jun 2026 $1.04 $1.10 +5.3%
Mar 2026 $0.93 $1.05 +12.8%
Dec 2025 $1.00 $1.01 +1.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 20, 2026
  • maturities and pay downs of available for sale debt securities the next 12 months about $1.1bn
    “On September 30, 2026, the duration of the available for sale investment portfolio was 4.1 years, and maturities and pay downs of approximately $1.1 billion are expected to occur during the next 12 months.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

Analyst recommendations

10 analysts, Oct 2026
Buy220%
Hold880%
Sell00%

Monthly trend

  1. Oct 202611810
  2. Sep 202611810
  3. Aug 20261910
  4. Jul 2026189

Counts of recommendations published by analysts covering Commerce Bancshares Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
4.8%
of tradable shares
Days to cover
6.56
at average volume
Short interest, 1 month
+3%
to October 15, 2026
Held by institutions
79%
of shares
Held by insiders
2.5%
of shares
Employees
4,969
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
CBSH+12%+1%−16%+25%−10%+8%
Industry peers (median)+34%−4%−2%+16%+10%+24%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
CBSH58%58%33%58%42%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
CBSH−18%−15%−37%−12%−24%−14%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 41% from May 6, 2021 to November 1, 2023. Getting back needed a 70% gain, reached on November 6, 2024, 371 days after the low.

Price behaviour

52-week range
$47.02 – $60.05
From 52-week high
−7.1%
vs 50-day average
−0.9%
vs 200-day average
+3.2%
Volatility (1 year)
18%
Beta vs S&P 500
0.21

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±2.3%
After a week
8 up, 4 down
typical move ±2.8%
After a month
6 up, 5 down
typical move ±5.5%
Results releasedNext dayS&P 500 next day5 days21 days
October 20, 2026 +0.1% +0.9% +0.4% —
July 16, 2026 +1.7% −1.5% +0.8% +3.6%
April 21, 2026 −1.6% +0.4% +1.1% +1.7%
January 22, 2026 −3.4% +0.6% −4.1% −5.2%
October 16, 2025 −5.3% −0.1% −6.2% −5.5%
July 16, 2025 +1.5% +0.9% −1.0% −2.2%
April 16, 2025 +2.0% −2.1% +4.5% +11.7%
January 22, 2025 +0.4% +1.1% +0.9% −2.3%
October 17, 2024 −0.6% +0.4% −0.2% +16.1%
July 18, 2024 +2.5% −1.4% +4.1% +0.4%
April 16, 2024 +3.6% −0.8% +7.6% +11.0%
January 18, 2024 +5.1% +2.1% +3.0% −0.7%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Fundamentals

Revenue (TTM) Commerce Bancshares Inc
$1.5B $1.6B $1.7B $1.8B $1.9B FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $1.6B Revenue (TTM), FY23 Q4: $1.6B Revenue (TTM), FY24 Q1: $1.6B Revenue (TTM), FY24 Q2: $1.6B Revenue (TTM), FY24 Q3: $1.6B Revenue (TTM), FY24 Q4: $1.7B Revenue (TTM), FY25 Q1: $1.7B Revenue (TTM), FY25 Q2: $1.7B Revenue (TTM), FY25 Q3: $1.7B Revenue (TTM), FY25 Q4: $1.8B Revenue (TTM), FY26 Q1: $1.8B Revenue (TTM), FY26 Q2: $1.9B $1.9B

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $1.6B
FY23 Q4 $1.6B
FY24 Q1 $1.6B
FY24 Q2 $1.6B
FY24 Q3 $1.6B
FY24 Q4 $1.7B
FY25 Q1 $1.7B
FY25 Q2 $1.7B
FY25 Q3 $1.7B
FY25 Q4 $1.8B
FY26 Q1 $1.8B
FY26 Q2 $1.9B
Revenue growth, TTM YoY Commerce Bancshares Inc
0% 5% 10% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue growth, TTM YoY, FY23 Q3: 8.0% Revenue growth, TTM YoY, FY23 Q4: 5.5% Revenue growth, TTM YoY, FY24 Q1: 2.8% Revenue growth, TTM YoY, FY24 Q2: 2.2% Revenue growth, TTM YoY, FY24 Q3: 3.7% Revenue growth, TTM YoY, FY24 Q4: 5.4% Revenue growth, TTM YoY, FY25 Q1: 6.7% Revenue growth, TTM YoY, FY25 Q2: 7.5% Revenue growth, TTM YoY, FY25 Q3: 6.8% Revenue growth, TTM YoY, FY25 Q4: 6.5% Revenue growth, TTM YoY, FY26 Q1: 7.5% Revenue growth, TTM YoY, FY26 Q2: 8.6% 8.6%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q3 8.0%
FY23 Q4 5.5%
FY24 Q1 2.8%
FY24 Q2 2.2%
FY24 Q3 3.7%
FY24 Q4 5.4%
FY25 Q1 6.7%
FY25 Q2 7.5%
FY25 Q3 6.8%
FY25 Q4 6.5%
FY26 Q1 7.5%
FY26 Q2 8.6%
FCF margin (TTM) Commerce Bancshares Inc
0% 20% 40% 60% 80% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 FCF margin (TTM), FY23 Q3: 23.3% FCF margin (TTM), FY23 Q4: 25.5% FCF margin (TTM), FY24 Q1: 27.2% FCF margin (TTM), FY24 Q2: 31.0% FCF margin (TTM), FY24 Q3: 48.4% FCF margin (TTM), FY24 Q4: 32.1% FCF margin (TTM), FY25 Q1: 31.6% FCF margin (TTM), FY25 Q2: 28.8% FCF margin (TTM), FY25 Q3: 10.9% FCF margin (TTM), FY25 Q4: 33.6% FCF margin (TTM), FY26 Q1: 63.2% FCF margin (TTM), FY26 Q2: 65.1% 65.1%

Source: SEC EDGAR filings. Retrieved October 20, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q3 23.3%
FY23 Q4 25.5%
FY24 Q1 27.2%
FY24 Q2 31.0%
FY24 Q3 48.4%
FY24 Q4 32.1%
FY25 Q1 31.6%
FY25 Q2 28.8%
FY25 Q3 10.9%
FY25 Q4 33.6%
FY26 Q1 63.2%
FY26 Q2 65.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

What Commerce Bancshares earned on its loans and securities in FY2025, what it paid depositors and lenders, and how its revenue split between running costs, credit losses, tax and profit.

  1. Interest income $1.5B
  2. Fee and other income $652M · 37.0%
  3. Interest paid $372M
  4. Net interest income $1.1B · 63.0%
  5. Revenue $1.8B
  6. Non-interest expense $980M · 55.5%
  7. Credit-loss provisions $56.1M · 3.2%
  8. Pre-tax profit $728M · 41.3%
  9. Income tax $161M · 9.1%
  10. Net income $566M · 32.1%

Shares of revenue. Source: Commerce Bancshares's 10-K for FY2025, as filed with the SEC.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 1,032 1,051 1,039 1,040 1,038 1,057 1,082 1,127 1,195 1,325 1,346 1,336 1,396 1,489 1,571 1,656 1,764 1,865
Net income 169 222 256 269 261 262 264 275 319 434 421 354 531 488 477 526 566 584
Diluted EPS $1.87 $2.29 $2.56 $2.63 $2.46 $2.37 $2.32 $2.37 $2.62 $3.43 $3.25 $2.64 $3.91 $3.50 $3.30 $3.69 $4.04 —
Growth (year on year)
Revenue +6.5% +1.9% −1.1% +0.1% −0.2% +1.8% +2.4% +4.1% +6.1% +10.9% +1.6% −0.8% +4.5% +6.7% +5.5% +5.4% +6.5% +8.6%
Net income −10.4% +31.1% +15.6% +5.1% −3.1% +0.3% +0.8% +4.4% +16.0% +35.7% −2.8% −15.9% +49.9% −8.0% −2.3% +10.3% +7.6% +4.6%
Diluted EPS −16.5% +22.5% +11.8% +2.7% −6.5% −3.7% −2.1% +2.2% +10.5% +30.9% −5.2% −18.8% +48.1% −10.5% −5.7% +11.8% +9.5% —
Margins
Net margin 16.4% 21.1% 24.7% 25.9% 25.1% 24.8% 24.4% 24.4% 26.7% 32.7% 31.3% 26.5% 38.0% 32.8% 30.4% 31.8% 32.1% 31.3%
Free-cash-flow margin 25.8% 62.1% 37.2% 33.6% 32.6% 30.0% 24.0% 38.2% 33.1% 39.2% 34.9% 44.2% 38.8% 33.2% 25.5% 32.1% 33.6% 65.1%
Cash flow
Cash from operations 295 671 407 384 362 361 291 455 427 553 513 624 598 559 489 578 645 1,262
Capital spending 29 19 21 35 24 44 32 24 31 33 43 33 57 65 88 46 53 49
Free cash flow 266 653 386 349 338 317 259 430 396 519 470 591 541 494 401 532 592 1,213
Stock-based pay 7 6 5 5 6 9 10 12 12 13 14 15 15 17 17 17 17 22
Free cash flow after stock pay 259 647 381 344 331 308 249 419 384 507 456 576 526 477 384 515 575 1,192
Balance sheet
Cash 464 461 518 780 1,270 1,101 503 782 512 1,209 908 2,208 4,297 898 2,687 3,376 3,548 2,908
Total debt 0 0 525 504 455 — 0 0 2 — 0 0 0 0 0 0 0 0
Net debt (negative = net cash) −464 −461 8 −276 −814 −1,101 −503 −782 −510 −1,209 −908 −2,208 −4,297 −898 −2,687 −3,376 −3,548 −2,908
Returned to shareholders
Dividends 75 78 79 212 82 84 85 87 92 100 113 121 123 127 135 145 150 156
Buybacks 1 41 101 105 69 71 23 39 18 75 135 54 129 187 76 170 208 337
Total returned 75 119 180 317 151 155 108 126 109 175 248 175 252 314 211 316 358 493

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q2 TTM
Buybacks (TTM)
$337M
Dividends (TTM)
$156M
Returned to shareholders
41%
of free cash flow
Buybacks, last 3 fiscal years
$454M
Total shareholder yield
6.2%
dividends 1.9% + buybacks 4.2% of market value
Dividend payout ratio
27%
of net income paid out

Competitors: side by side with peers

Closest by revenue in regional banks
Last 12 months unless stated CBSH FNB ASB FLG VLY AX Median
Revenue, last 12 months $1.9bn $1.8bn $1.7bn $2.1bn $2.2bn $1.6bn $255m
Revenue growth, last 12 months 8.6% 11.8% 45.2% −6.4% 12.2% 23.0% 12.5%
Revenue growth, 3-year average 6.1% 4.1% 8.2% −24.1% 2.5% 18.1% 6.0%
Revenue growth, latest quarter 11.9% 5.5% 20.2% 4.0% 13.3% 22.2% 10.7%
Net margin 31.3% 33.0% 31.2% 2.3% 32.2% 32.7% 28.7%
Cash from operations / revenue 67.7% 38.5% 52.8% 7.8% 26.7% 47.3% 34.3%
Free-cash-flow margin 65.1% 34.0% 49.8% 7.8% 25.9% 26.9% 31.4%
Free-cash-flow margin, 3-year average 41.6% 29.8% 44.3% 17.1% 21.8% 29.8% 29.9%
Stock pay / revenue 1.2% 1.0% 2.1% 3.1% 1.4% 2.9% 1.2%
Change in share count — −0.7% 8.0% 0.4% 3.2% −0.1% 0.4%

Median of all 245 companies we cover in regional banks. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

245 regional banks companies
Measure Company Peer median Rank
Revenue growth Growth 8.6% 12.5% 169 of 245
Change in growth rate Growth +1.1pp +0.0pp 91 of 244
Net margin Profitability 31.3% 28.7% 83 of 245
Stock pay as % of revenue Cash generation 1.2% 1.3% 87 of 206

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$6.3B
Institutions reporting
505
Shares held vs prior quarter
▲ 4.8%
Positions opened / closed
79 / 50

Top buyers and sellers, Q2 2026: 257 institutions bought and 196 sold ; the biggest buyer was AQR Capital Management LLC (+4.7M shares) and the biggest seller Commerce Bank (−1.5M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $756M 13.1M 12.0% ▲ 1.2%
Vanguard Portfolio Management LLC $521M 9.0M 8.3% ▲ 2.5%
State Street Corp $425M 7.4M 6.7% ▲ 4.1%
AQR Capital Management LLC $378M 6.5M 6.0% ▲ 251.2%
Vanguard Capital Management LLC $359M 6.2M 5.7% ▼ 0.2%
American Century Companies Inc $343M 5.9M 5.4% ▼ 4.6%
Commerce Bank $316M 5.5M 5.0% ▼ 21.9%
Dimensional Fund Advisors LP $241M 4.2M 3.8% ▲ 5.6%
Geode Capital Management, LLC $174M 3.0M 2.8% ▲ 1.1%
First Trust Advisors LP $130M 2.3M 2.1% ▼ 13.7%
Boston Trust Walden Corp $122M 2.1M 1.9% ▲ 9.3%
Citadel Advisors LLC $120M 2.1M 1.9% ▲ 177.5%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Commerce Bancshares Inc's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $119,275 1 trade by 1 insider, last 12 months Insider sales History → $4.2M 16 trades by 12 insiders · 0% under pre-set plans
Net ▼ $4.1M net selling
Insider Date Trade Shares Price Value
Neff Douglas D Senior Vice President August 27, 2026 Sell 666 $58.15 $38,728
Orf David L Exec. Vice President & CCO August 14, 2026 Sell 642 $60.35 $38,745
Roller David L. Senior Vice President August 4, 2026 Sell 830 $60.28 $50,032
Holmes Robert S Executive Vice President July 30, 2026 Sell 5,000 $60.20 $301,000
Kemper John W President and CEO July 29, 2026 Sell 5,830 $60.58 $353,181
Brooks Derrick Senior Vice President July 28, 2026 Sell 1,041 $59.64 $62,085
Kim Charles G Exec. Vice President and CFO July 27, 2026 Sell 19,771 $59.18 $1.2M
Fowler June Mcallister Director June 16, 2026 Sell 200 $55.04 $11,008
Dunn Timothy S Director March 13, 2026 Buy 2,500 $47.71 $119,275
Rowe Margaret M Senior Vice President March 5, 2026 Sell 861 $51.69 $44,505
Jakovich Kim L Senior Vice President March 5, 2026 Sell 949 $51.45 $48,826
Barth Kevin G Executive Vice President February 11, 2026 Sell 7,457 $55.09 $410,806

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around January 21, 2027 estimated from the company's past filing pattern, not announced

  • October 20, 2026
  • July 16, 2026
  • April 21, 2026
  • January 22, 2026
  • October 16, 2025
  • July 16, 2025

Recent SEC filings

Data status

When each part of this page on Commerce Bancshares Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

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Commerce Bancshares Inc in brief

What does Commerce Bancshares Inc do?
Commerce Bancshares Inc is a US-listed company in the regional banks industry. Its financial year ends in December.
What is Commerce Bancshares Inc's stock ticker?
Commerce Bancshares Inc trades under the ticker CBSH on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Commerce Bancshares Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Commerce Bancshares Inc reported revenue of $1.9B, 8.6% higher than a year earlier, according to its SEC filings.
What is Commerce Bancshares Inc's free cash flow?
Commerce Bancshares Inc's free-cash-flow margin is 65.1% of revenue over the trailing twelve months.
Who are Commerce Bancshares Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and State Street Corp. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Does Commerce Bancshares Inc pay a dividend?
Yes: Commerce Bancshares Inc paid $156M in dividends over the trailing twelve months, a dividend yield of 1.95% and a payout ratio of 26.7%.
Who are Commerce Bancshares Inc's competitors?
In our Regional Banks peer group, the companies closest to Commerce Bancshares Inc are FNB Corp, Associated Banc-corp, Flagstar Bank, National Association, Valley National Bancorp and Axos Financial, Inc. The side-by-side comparison below sets their revenue, margins and growth against Commerce Bancshares Inc's.
Are insiders buying or selling Commerce Bancshares Inc stock?
Over the last 12 months, Commerce Bancshares Inc's directors and officers reported 1 open-market purchases and 16 sales on Form 4. The insider trading page charts every trade.
When is Commerce Bancshares Inc's next earnings date?
Around January 21, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Commerce Bancshares Inc announces its own schedule.