Key Details
Price
$67.45Last Dividend
$0.27Annual ROE
16.72%Beta
0.78Events Calendar
Next earnings date:
Apr 16, 2025Recent quarterly earnings:
Jan 22, 2025Recent annual earnings:
Jan 22, 2025Next ex-dividend date:
Mar 07, 2025Recent ex-dividend date:
Dec 03, 2024Next split:
N/ARecent split:
Dec 03, 2024Analyst ratings
Recent major analysts updates
Market Data
Dividend
Profitability
Efficiency
Valuation
Liquidity
Cash Flow
Institutional Ownership
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CBSH's Q4 earnings are boosted by increased revenues, steady adjusted expenses, and a growth in loans and deposits. However, a significant rise in provisions is a negative aspect.
Investors focused on Midwest bank stocks may have come across Huntington Bancshares (HBAN) and Commerce Bancshares (CBSH). However, which of these two stocks is more appealing to value investors?
Commerce Bancshares (CBSH) reported quarterly earnings of $1.01 per share, which is higher than the Zacks Consensus Estimate of $0.94 per share. This is an increase compared to earnings of $0.84 per share from the same period last year.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. reported earnings of $1.01 per share for the last three months of 2024, which is an increase from $.79 per share in the same period last year and the same as the previous quarter. The net income for the fourth quarter of 2024 was $136.1 million, up from $109.2 million in the fourth quarter of 2023, but slightly down from $138.0 million in the third quarter. John Kemper, the President and CEO, shared these results.
Commerce (CBSH) lacks the necessary mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.
Commerce Bancshares Inc. (CBSH) shares have been doing very well recently. Currently, the stock is close to its 52-week high of $72.74, which it reached during trading on Monday.
Commerce Bancshares will benefit from steady loan demand, higher interest rates, and attempts to increase fee income, even though they are facing challenges with asset quality and rising costs.
In the third quarter of 2024, CBSH reported an increase in expenses and a decrease in provisions.
On Thursday, October 17, four regional banks announced that their credit quality stayed strong in the third quarter, although they had different outcomes regarding the growth of lending and deposits. The banks that shared their third-quarter results were Commerce Bancshares, Huntington Bancshares, M&T Bank, and S&T Bancorp.
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