What is Zacks Research’s Forecast for CBSH FY2026 Earnings?

Commerce Bancshares, Inc. (NASDAQ:CBSH) – Zacks Research cut their FY2026 earnings per share estimates for Commerce Bancshares in a report issued on Tuesday, November 10th. Zacks Research analyst Team now forecasts that the financial services provider will post earnings of $4.19 per share for the year, down from their prior forecast of $4.22. The consensus estimate for Commerce Bancshares’ current full-year earnings is $4.27 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q4 2026 earnings at $1.05 EPS, Q1 2027 earnings at $1.03 EPS, FY2027 earnings at $4.49 EPS, Q1 2028 earnings at $1.18 EPS and FY2028 earnings at $4.97 EPS.

CBSH has been the subject of several other research reports. Weiss Ratings upgraded shares of Commerce Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. Morgan Stanley upped their target price on shares of Commerce Bancshares from $76.00 to $77.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Wells Fargo & Company dropped their target price on shares of Commerce Bancshares from $61.00 to $60.00 and set an “equal weight” rating for the company in a report on Monday. Stephens set a $62.00 price target on Commerce Bancshares and gave the stock an “equal weight” rating in a research note on Wednesday, October 21st. Finally, Wall Street Zen cut Commerce Bancshares from a “hold” rating to a “sell” rating in a report on Saturday, November 7th. Three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $63.50.

Commerce Bancshares Stock Performance

Shares of NASDAQ CBSH opened at $55.89 on Thursday. Commerce Bancshares has a one year low of $46.99 and a one year high of $60.92. The firm has a market capitalization of $7.91 billion, a P/E ratio of 13.47, a PEG ratio of 2.35 and a beta of 0.61. The company’s fifty day moving average is $56.02 and its two-hundred day moving average is $54.50.

Commerce Bancshares shares are going to split on the morning of Tuesday, December 1st. The 1.05-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Monday, November 30th.

Commerce Bancshares (NASDAQ:CBSH) last released its quarterly earnings data on Tuesday, October 20th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.01. Commerce Bancshares had a return on equity of 14.27% and a net margin of 26.06%. The firm had revenue of $494.34 million during the quarter, compared to analysts’ expectations of $496.75 million. During the same quarter in the prior year, the business posted $1.06 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. BlackRock Inc. purchased a new stake in Commerce Bancshares in the 2nd quarter valued at approximately $755,669,000. Commerce Bank purchased a new position in Commerce Bancshares during the second quarter worth $316,010,000. Dimensional Fund Advisors LP increased its position in Commerce Bancshares by 29.3% during the first quarter. Dimensional Fund Advisors LP now owns 3,943,247 shares of the financial services provider’s stock worth $193,999,000 after buying an additional 894,183 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Commerce Bancshares by 11.0% in the first quarter. First Trust Advisors LP now owns 2,610,223 shares of the financial services provider’s stock worth $128,423,000 after acquiring an additional 257,817 shares during the last quarter. Finally, Bank of America Corp DE acquired a new position in shares of Commerce Bancshares in the second quarter worth $83,328,000. 70.26% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Commerce Bancshares news, SVP Douglas D. Neff sold 666 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $58.15, for a total value of $38,727.90. Following the sale, the senior vice president owned 11,746 shares of the company’s stock, valued at $683,029.90. This represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP David L. Orf sold 642 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $60.35, for a total transaction of $38,744.70. Following the completion of the sale, the vice president owned 24,962 shares in the company, valued at $1,506,456.70. This represents a 2.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.80% of the company’s stock.

Commerce Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Investors of record on Tuesday, December 1st will be paid a $0.2750 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, December 1st. Commerce Bancshares’s dividend payout ratio is presently 26.51%.

Top Commerce Bancshares Stories

Investors following CBSH have been watching these stories:

• Positive Sentiment: Zacks Research raised its estimates for Q3 and Q4 2027 EPS to $1.15 and $1.19, respectively, and for Q2 2028 EPS to $1.24. Commerce Bancshares analyst estimates
• Neutral Sentiment: A report described a large increase in short interest but gave the actual balance as zero shares, indicating no reported short position in the cited data. Commerce Bancshares short interest
• Negative Sentiment: Zacks Research cut several forecasts: FY2026 EPS to $4.19 from $4.22; Q4 2026 to $1.05 from $1.09; Q1 2027 to $1.03 from $1.09; FY2027 to $4.49 from $4.51; Q1 2028 to $1.18 from $1.19; and FY2028 to $4.97 from $4.98. The downward revisions—especially the quarterly reductions—could pressure the shares, though they are analyst estimates rather than company guidance. Commerce Bancshares analyst estimates

About Commerce Bancshares

Commerce Bancshares, Inc. is a bank holding company headquartered in Kansas City, Missouri. Founded in 1865, it provides banking and financial services through its principal subsidiary, Commerce Bank. The company serves consumers, businesses, institutions and public-sector organizations. Its services include checking and savings accounts, lending, mortgage banking, treasury management, payment processing, and wealth management and trust services. Commerce Bank operates across several Midwestern and neighboring states, including Missouri, Kansas, Illinois, Oklahoma and Colorado.