Analysts See $0.79 EPS for Commerce Bancshares, Inc. (CBSH)

March 15, 2018 - By Henry Gaston

 Analysts See $0.79 EPS for Commerce Bancshares, Inc. (CBSH)
Investors sentiment increased to 1.43 in Q3 2017. Its up 0.23, from 1.2 in 2017Q2. It is positive, as 10 investors sold Commerce Bancshares, Inc. shares while 73 reduced holdings. 31 funds opened positions while 88 raised stakes. 62.31 million shares or 0.33% less from 62.51 million shares in 2017Q2 were reported.
82,235 are owned by Brandywine Invest Mgmt Ltd Limited Liability Company. 230 are held by Gemmer Asset Mgmt Limited Liability Com. Comml Bank Of Montreal Can has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). State Of Tennessee Treasury Department owns 140,000 shares or 0.04% of their US portfolio. Duncker Streett And Company has invested 0.95% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Lau Assoc Lc, a Delaware-based fund reported 4,723 shares. Aqr Cap Ltd accumulated 1.24M shares. 6,709 were reported by Cibc Asset. Credit Suisse Ag invested in 70,283 shares or 0% of the stock. Citigroup Incorporated, New York-based fund reported 1,914 shares. First Quadrant Ltd Partnership Ca reported 361,685 shares. Oppenheimer Asset Mgmt accumulated 0.02% or 10,212 shares. Illinois-based Tru Department Mb Bankshares N A has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). First Fin Bank & Trust, Alabama-based fund reported 5,120 shares. Evercore Wealth Ltd owns 203 shares.

Since October 26, 2017, it had 0 insider purchases, and 18 insider sales for $20.12 million activity. Shares for $67,744 were sold by FOSTER SARA E on Monday, February 12. Callahan Daniel D. had sold 1,090 shares worth $62,074 on Monday, February 12. $8,378 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by Roller David L.. Another trade for 78,359 shares valued at $4.50M was sold by Kemper John W. Another trade for 22,988 shares valued at $1.35 million was sold by KEMPER DAVID W. KEMPER JONATHAN M sold 78,359 shares worth $4.50 million.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.79 EPS on April, 12.They anticipate $0.14 EPS change or 21.54 % from last quarter’s $0.65 EPS. CBSH’s profit would be $84.31 million giving it 19.17 P/E if the $0.79 EPS is correct. After having $0.74 EPS previously, Commerce Bancshares, Inc.’s analysts see 6.76 % EPS growth. The stock decreased 0.85% or $0.52 during the last trading session, reaching $60.59. About 562,264 shares traded or 16.61% up from the average. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 19.51% since March 15, 2017 and is uptrending. It has outperformed by 2.81% the S&P500.

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

Among 9 analysts covering Commerce Bancshares (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 7 Hold. Therefore 0 are positive. Commerce Bancshares had 32 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Sell” on Thursday, December 21. Keefe Bruyette & Woods upgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) on Monday, February 26 to “Hold” rating. Keefe Bruyette & Woods maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) rating on Monday, June 12. Keefe Bruyette & Woods has “Sell” rating and $4600 target. The firm has “Underweight” rating given on Tuesday, September 20 by Morgan Stanley. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Market Perform” rating by Wells Fargo on Friday, January 6. On Friday, June 9 the stock rating was maintained by Jefferies with “Hold”. The company was maintained on Friday, July 14 by Stephens. The firm earned “Sell” rating on Friday, September 15 by Keefe Bruyette & Woods. The firm has “Hold” rating by Piper Jaffray given on Thursday, January 18. The firm earned “Sell” rating on Thursday, January 18 by Keefe Bruyette & Woods.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses. The company has market cap of $6.47 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.94 P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

More important recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were published by: which released: “Morning Technical Insight on These Banking Stocks — Commerce Bancshares …” on March 14, 2018, also published article titled: “Commerce Bancshares: Superior Returns Failing To Yield Meaningful Growth In …”, published: “Form 4 COMMERCE BANCSHARES INC For: Mar 12 Filed by: Kellerhals Patricia R” on March 14, 2018. More interesting news about Commerce Bancshares, Inc. (NASDAQ:CBSH) was released by: and their article: “Ex-Dividend Reminder: WesBanco, Commerce Bancshares and Regions Financial” with publication date: March 06, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: