Stocks · Financial Services · Banks - Regional
Commerce Bancshares, Inc. CBSH
$55.14 -0.25% Close, Oct 5, 2026 · NASDAQ · Market cap $8.06B
High quality
Next earnings report: Oct 20, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Earnings beat analyst estimates in each of the last 14 quarters (average surprise over the last four: +6.1%).
- The stock is in an uptrend: above its 200-day average for 84 trading days, with the 50-day average above the 200-day.
- The diluted share count rose 8.8% in a year.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 34%
- EPS growth (TTM, YoY)Bottom 29%
- FCF growth (TTM, YoY)Top 13%
- Revenue growth, 3-year CAGRBottom 34%
- Revenue growth accelerationBottom 34%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 26%
- Gross marginTop 14%
- Operating marginTop 20%
- Cash conversion (OCF / net income)Top 17%
- Accruals (lower is better)Top 26%
- Net debt / EBITDA (lower is better)Bottom 40%
- Interest coverTop 31%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 43%
- Free-cash-flow yieldTop 19%
- EBITDA / enterprise valueTop 38%
- Sales / enterprise valueBottom 28%
- P/E vs own 5-year history (lower is better)Top 25%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 41%
- 6-month returnTop 35%
- 1-year return vs S&P 500Bottom 31%
- Distance from 52-week highTop 45%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 43%
- Consecutive EPS beatsTop 2%
- Share of analysts rating BuyBottom 8%
- Upside to consensus price targetTop 33%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 22%
- Maximum drawdown, 3 yearsBottom 48%
- Beta vs S&P 500 (lower is better)Top 44%
- Net debt / EBITDA (lower is better)Bottom 40%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 5.1% | 2.6% | ↓ |
| EPS growth (YoY) | 2.7% | -1.0% | ↓ |
| Gross margin | 79.1% | 80.2% | ↑ |
| Operating margin | 33.9% | 35.0% | ↑ |
| FCF margin | 23.4% | 54.9% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 2.6% | 5.1% | ↓ | Bottom 34% |
| EPS growth (TTM, YoY) | -1.0% | 2.7% | ↓ | Bottom 29% |
| Gross margin | 80.2% | 79.1% | ↑ | Top 14% |
| Operating margin | 35.0% | 33.9% | ↑ | Top 20% |
| Net margin | 26.9% | 26.4% | ↑ | — |
| Free-cash-flow margin | 54.9% | 23.4% | ↑ | — |
| Return on invested capital | 6.0% | — | Top 26% | |
| Revenue growth, 3-year CAGR | 11.0% | — | Bottom 34% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 2.16×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.9%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.18×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 2.0×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 1.93%
- Net buyback yield (TTM)
- 4.18%
- Shareholder yield
- 6.11%
- Share count change, 1 year
- +8.8%
- Share count change, 3-year CAGR
- +1.5%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 14
- Beats in the last 8 reports
- 8 of 8
- Average EPS surprise, last 4
- +6.1%
- Average 2-day reaction, last 8
- -0.8%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $67.00
- Target vs current price
- +21.5%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 13%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 16, 2026 | +3.8% | +2.1% | +0.9% | +2.7% | — |
| Apr 21, 2026 | +16.5% | -1.6% | -0.7% | +1.0% | +15.6% |
| Jan 22, 2026 | +2.0% | -1.2% | -4.4% | -2.6% | -7.2% |
| Oct 16, 2025 | +1.9% | -7.5% | -5.6% | -4.2% | -1.4% |
| Jul 16, 2025 | +9.6% | +0.0% | +1.5% | -3.0% | -7.1% |
| Apr 16, 2025 | +5.3% | +2.2% | +2.8% | +11.4% | +12.5% |
| Jan 22, 2025 | +7.4% | +0.2% | +1.7% | +0.7% | -8.3% |
| Oct 17, 2024 | +7.0% | -0.9% | +0.4% | +16.7% | +8.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 16, 2026 | $1.10 | $1.06 | +3.8% | $498.9M |
| Apr 21, 2026 | $0.96 | $0.82 | +16.5% | $475.7M |
| Jan 22, 2026 | $1.01 | $0.99 | +2.0% | $449.4M |
| Oct 16, 2025 | $1.06 | $1.04 | +1.9% | $448.9M |
| Jul 16, 2025 | $1.14 | $1.04 | +9.6% | $445.8M |
| Apr 16, 2025 | $0.98 | $0.93 | +5.3% | $420.5M |
| Jan 22, 2025 | $1.01 | $0.94 | +7.4% | $423.1M |
| Oct 17, 2024 | $1.07 | $1.00 | +7.0% | $425.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 13.4× | 14.7× | 29th | Top 43% |
| P/E (forward) | 13.0× | — | — | — |
| EV / EBITDA | 11.9× | — | — | Top 38% |
| EV / Sales | 4.55× | — | — | Bottom 28% |
| Free-cash-flow yield | 14.78% | — | — | Top 19% |
| Earnings yield | 7.45% | — | — | Top 43% |
P/E over the past five years
Range 11.0× – 17.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -1.7%
- Earnings per share growth (TTM)
- -1.0%
- Change in P/E multiple
- +5.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 84
- 50-day average slope (20 days)
- -1.2%
- 200-day average slope (20 days)
- +0.9%
- Distance from 50-day average
- -5.0%
- Distance from 200-day average
- +1.7%
- RSI (14)
- 34.7
- Relative volume
- 1.16×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 13.0%
- Volatility vs own 5-year history
- 0th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.65
- Correlation with S&P 500
- 0.46
- Current drawdown from 1-year high
- -8.6%
- Maximum drawdown, 3 years
- -29.6%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| May 6, 2021 | Nov 1, 2023 | -40.7% | 627 days | 255 days (Nov 6, 2024) |
| Nov 25, 2024 | Mar 12, 2026 | -29.6% | 322 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $8.06B
- P/E (TTM)
- 13.4
- EPS, diluted (TTM)
- $4.11
- Revenue (TTM)
- $2.17B
- Dividend yield
- 1.99%
- 52-week range
- $46.99 – $60.92
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.44B | $1.57B | $1.97B | $2.09B | $2.14B |
| Gross profit | $1.49B | $1.48B | $1.55B | $1.63B | $1.71B |
| Operating income | $686.3M | $632.4M | $619.7M | $679.5M | $731.8M |
| Net income | $530.8M | $488.4M | $477.1M | $526.3M | $566.3M |
| EPS (diluted) | $3.72 | $3.49 | $3.47 | $3.87 | $4.08 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $535.0M | $525.8M | $515.7M | $537.2M | $543.5M | $542.8M | $584.0M | $498.9M |
| Net income | $138.0M | $136.1M | $131.6M | $152.5M | $141.5M | $140.7M | $141.6M | $159.8M |
| EPS (diluted) | $1.02 | $1.01 | $0.98 | $1.14 | $1.01 | $1.02 | $0.97 | $1.11 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $597.7M | $559.4M | $488.8M | $577.9M | $645.1M |
| Capital expenditure | -$56.7M | -$65.2M | -$88.1M | -$46.1M | -$52.7M |
| Free cash flow | $541.0M | $494.2M | $400.7M | $531.7M | $592.4M |
| Dividends paid | -$122.7M | -$127.5M | -$134.7M | -$145.1M | -$150.2M |
| Net share buybacks | -$129.4M | -$186.6M | -$76.4M | -$170.5M | -$207.6M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $8.97B
- Total assets
- $35.27B
- Total liabilities
- $30.89B
- Total debt
- $2.45B
- Net debt
- $1.81B
- Shareholders’ equity
- $4.36B
As of Jun 30, 2026 (filed Aug 5, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Sep 4, 2026 | $0.28 | Sep 22, 2026 |
| Jun 5, 2026 | $0.28 | Jun 23, 2026 |
| Mar 6, 2026 | $0.28 | Mar 24, 2026 |
| Dec 2, 2025 | $0.28 | Dec 15, 2025 |
| Sep 5, 2025 | $0.26 | Sep 23, 2025 |
| Jun 6, 2025 | $0.28 | Jun 24, 2025 |
| Mar 7, 2025 | $0.28 | Mar 25, 2025 |
| Dec 3, 2024 | $0.24 | Dec 17, 2024 |
Short interest
- Shares sold short
- 6,413,757
- Days to cover
- 6.87
- Change vs previous report
- -2.2%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Dec 3, 2024
- 21-for-20
- Dec 1, 2023
- 21-for-20
- Dec 1, 2022
- 21-for-20
- Dec 1, 2021
- 21-for-20
- Dec 1, 2020
- 21-for-20