Commerce Bancshares, Inc. (CBSH) EPS Estimated At $0.75

September 17, 2017 - By Henry Gaston

 Commerce Bancshares, Inc. (CBSH) EPS Estimated At $0.75
Investors sentiment increased to 2.64 in 2016 Q4. Its up 1.61, from 1.03 in 2016Q3. It increased, as 13 investors sold Commerce Bancshares, Inc. shares while 63 reduced holdings. 39 funds opened positions while 162 raised stakes. 59.84 million shares or 2.34% more from 58.47 million shares in 2016Q3 were reported.
Moneta Inv Advisors Limited has 45,590 shares for 0.54% of their portfolio. 3,761 are owned by Jefferies Group Limited Liability Corporation. 6,474 were reported by Panagora Asset Management. Tudor Invest Et Al stated it has 0.01% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Bancorp Of America Corp De, North Carolina-based fund reported 274,174 shares. First State Bank Na stated it has 0.06% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Blackrock Inc invested in 139,135 shares or 0.01% of the stock. Manufacturers Life Co The reported 0.05% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Johnson Financial Grp has invested 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Advsrs Asset Inc holds 2,128 shares or 0% of its portfolio. Champlain Invest Partners Ltd Co owns 0.78% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 974,585 shares. Btim Corporation owns 776,989 shares or 0.72% of their US portfolio. Moreover, Citadel Lc has 0% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Plancorp Limited Liability Co reported 13,865 shares. Liberty Mutual Gp Asset Mngmt holds 0.08% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 38,161 shares.

Since April 28, 2017, it had 0 insider buys, and 3 sales for $2.22 million activity. KEMPER JONATHAN M had sold 36,979 shares worth $2.00 million. The insider KIM CHARLES G sold 3,712 shares worth $205,329.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.75 EPS on October, 13.They anticipate $0.10 EPS change or 15.38 % from last quarter’s $0.65 EPS. CBSH’s profit would be $76.26M giving it 18.39 P/E if the $0.75 EPS is correct. After having $0.75 EPS previously, Commerce Bancshares, Inc.’s analysts see 0.00 % EPS growth. The stock increased 0.84% or $0.46 on September 15, reaching $55.17. About 1.07M shares traded or 243.12% up from the average. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 19.51% since September 17, 2016 and is uptrending. It has outperformed by 2.81% the S&P500.

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

Among 8 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 3 Sell and 5 Hold. Therefore 0 are positive. Commerce Bancshares had 18 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James on Thursday, August 10 to “Underperform”. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Sell” rating given on Monday, June 12 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Monday, August 14 with “Sell” rating. On Friday, August 11 the stock rating was maintained by Jefferies with “Hold”. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 13. On Thursday, July 13 the stock rating was maintained by Keefe Bruyette & Woods with “Sell”. On Friday, June 9 the stock rating was maintained by Jefferies with “Hold”. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) has “Market Perform” rating given on Friday, January 6 by Wells Fargo. The firm has “Hold” rating by Stephens given on Friday, July 14. The rating was initiated by Piper Jaffray with “Neutral” on Monday, July 11.

Commerce Bancshares, Inc. is a bank holding firm of Commerce Bank . The company has market cap of $5.61 billion. The Bank is engaged in general banking business, providing a range of retail, mortgage banking, corporate, investment, trust and asset management services and products to individuals and businesses. It has a 19.98 P/E ratio. The Firm operates through three divisions: Consumer, Commercial and Wealth.

More recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were published by: Businesswire.com which released: “Commerce Bancshares, Inc. (CBSH) to Participate in Barclays Global Financial …” on September 08, 2017. Also Nasdaq.com published the news titled: “Relative Strength Alert For Commerce Bancshares” on September 07, 2017. Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: Commerce Bancshares, Weingarten Realty Investors and …” with publication date: September 05, 2017 was also an interesting one.

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