<div id="readability-page-1"><p>Commerce Bancshares (NASDAQ:CBSH - Get Free Report) announced its quarterly earnings results on Thursday. The financial services provider reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.03 by ($0.02), Zacks reports. The company had revenue of $449.36 million during the quarter. Commerce Bancshares had a return on equity of 15.73% and a net margin of 26.48%.Commerce Bancshares's revenue for the quarter was up 6.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.01 earnings per share.</p><div><p><span></span><span>Get <strong>Commerce Bancshares</strong> alerts:</span></p></div><h2>Commerce Bancshares Trading Up 3.4%</h2><ul><li>Want Diversified Exposure in the Regional Banks? Try These ETFs</li></ul><p>CBSH opened at $55.28 on Thursday. The company has a market cap of $7.32 billion, a price-to-earnings ratio of 13.12, a price-to-earnings-growth ratio of 3.23 and a beta of 0.62. The stock has a fifty day simple moving average of $52.57 and a two-hundred day simple moving average of $55.21. Commerce Bancshares has a 12-month low of $48.69 and a 12-month high of $65.59. </p><h2>Commerce Bancshares Dividend Announcement</h2><p>The company also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Tuesday, December 2nd were issued a $0.275 dividend. The ex-dividend date was Tuesday, December 2nd. This represents a $1.10 dividend on an annualized basis and a yield of 2.0%. Commerce Bancshares's dividend payout ratio  is 26.25%. </p><h2>Institutional Inflows and Outflows</h2><p>A number of large investors have recently bought and sold shares of the business. AQR Capital Management LLC increased its stake in shares of  Commerce Bancshares by 82.1% during the third quarter. AQR Capital Management LLC now owns 1,245,068 shares of the financial services provider's stock valued at $74,368,000 after purchasing an additional 561,331 shares in the last quarter.  Millennium Management LLC raised its stake in  Commerce Bancshares by 56.7% during the third quarter. Millennium Management LLC now owns 1,313,453 shares of the financial services provider's stock valued at $78,492,000 after buying an additional 475,331 shares during the last quarter.  Two Sigma Investments LP boosted its holdings in  Commerce Bancshares by 1,621.8% in the third quarter. Two Sigma Investments LP now owns 345,988 shares of the financial services provider's stock worth $20,676,000 after acquiring an additional 325,893 shares in the last quarter.  State Street Corp raised its position in shares of  Commerce Bancshares by 5.0% in the 3rd quarter. State Street Corp now owns 6,752,045 shares of the financial services provider's stock worth $403,502,000 after purchasing an additional 319,137 shares during the last quarter.  Finally, Qube Research &amp; Technologies Ltd boosted its stake in  Commerce Bancshares by 73.9% in the 3rd quarter. Qube Research &amp; Technologies Ltd now owns 705,383 shares of the financial services provider's stock worth $42,154,000 after purchasing an additional 299,852 shares in the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have issued reports on the stock. Keefe, Bruyette &amp; Woods cut their price target on shares of Commerce Bancshares from $61.90 to $57.14 and set a &#34;market perform&#34; rating on the stock in a report on Friday, October 17th. Weiss Ratings  reissued a &#34;hold (c)&#34; rating on shares of Commerce Bancshares in a research note on Monday, December 29th. TD Cowen lowered their price target on Commerce Bancshares from $61.00 to $55.00 and set a &#34;hold&#34; rating for the company in a research report on Wednesday, January 7th. Zacks Research lowered Commerce Bancshares from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research report on Thursday, January 8th. Finally, Wells Fargo &amp; Company reduced their target price on Commerce Bancshares from $61.90 to $57.14 and set an &#34;equal weight&#34; rating on the stock in a research note on Tuesday, October 21st. One research analyst  has rated the stock with a Buy rating, six have given a Hold rating and two have issued  a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of &#34;Reduce&#34; and a consensus price target of $62.03.</p><p><b>Get Our Latest Report on CBSH</b></p><h2>Commerce Bancshares Company Profile</h2> (Get Free Report)<p>Commerce Bancshares, Inc is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations.  </p><p>The company's commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Commerce Bancshares</li><li>The Government Prints Trillions. Silver Supply Is Limited.</li><li>Your Signature Is Missing – Act Before It’s Too Late</li><li>Wall Street Alert: Buy AES</li><li>Trump Did WHAT??</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0JTSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q0JTSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Commerce Bancshares Right Now?</h2><p>Before you consider Commerce Bancshares, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Commerce Bancshares wasn't on the list.</p><p>While Commerce Bancshares currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CBSH

<p>Commerce Bancshares (NASDAQ:CBSH) reported quarterly earnings of $1.01 per share, missing estimates by $0.02. The company generated revenue of $449.36 million, reflecting a 6.5% year-over-year increase. With a net margin of 26.48% and a return on equity of 15.73%, the firm continues to show strong financial performance. Additionally, a quarterly dividend of $0.275 was announced, yielding 2.0%. Analysts have adjusted price targets, with a consensus rating of "Reduce" and a target price of $62.03.</p>

Commerce Bancshares (NASDAQ:CBSH) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS