Commerce Bancshares, Inc. (CBSH) Analysts See $0.96 EPS

September 16, 2018 - By Carol Mulligan

Commerce Bancshares, Inc. (NASDAQ:CBSH) LogoInvestors sentiment increased to 1.26 in Q2 2018. Its up 0.19, from 1.07 in 2018Q1. It increased, as 13 investors sold Commerce Bancshares, Inc. shares while 85 reduced holdings. 43 funds opened positions while 80 raised stakes. 67.79 million shares or 0.11% less from 67.86 million shares in 2018Q1 were reported.
Century Inc reported 0.2% stake. 17,613 are owned by Atwood And Palmer. Voya Management Ltd Llc reported 19,983 shares. Glenmede Tru Na accumulated 0% or 12,818 shares. Proshare Limited Liability holds 135,935 shares or 0.06% of its portfolio. Oppenheimer Asset has invested 0.02% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). The Illinois-based Rmb Capital Mgmt Ltd Limited Liability Company has invested 0.02% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Mountain Pacific Invest Advisers Id invested in 301,083 shares or 1.98% of the stock. Bbva Compass Bancorporation, a Texas-based fund reported 7,967 shares. First Manhattan reported 3,073 shares. Automobile Association stated it has 68,486 shares. 114,225 were reported by Creative Planning. Mason Street Advsr Limited Com reported 48,111 shares or 0.07% of all its holdings. Wells Fargo And Mn accumulated 995,474 shares. Profund Ltd Liability Com invested in 12,482 shares.

Since March 14, 2018, it had 0 insider purchases, and 15 selling transactions for $9.21 million activity. 850 shares were sold by BURIK JEFFREY M., worth $51,825 on Wednesday, March 14. $60,101 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by Petersen Paula S. 45,000 shares were sold by KEMPER JONATHAN M, worth $3.21 million on Wednesday, September 5. On Monday, August 20 FOSTER SARA E sold $90,068 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) or 1,257 shares. ABERDEEN JEFFERY D sold $84,148 worth of stock or 1,333 shares. $19,937 worth of stock was sold by Kellerhals Patricia R on Monday, March 19.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.96 EPS on October, 11.They anticipate $0.28 EPS change or 41.18 % from last quarter’s $0.68 EPS. CBSH’s profit would be $102.35 million giving it 18.04 P/E if the $0.96 EPS is correct. After having $1.01 EPS previously, Commerce Bancshares, Inc.’s analysts see -4.95 % EPS growth. The stock increased 0.33% or $0.23 during the last trading session, reaching $69.28. About 401,281 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 33.57% since September 16, 2017 and is uptrending. It has outperformed by 17.95% the S&P500.

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

Among 10 analysts covering Commerce Bancshares Inc (NASDAQ:CBSH), 0 have Buy rating, 3 Sell and 7 Hold. Therefore 0 are positive. Commerce Bancshares Inc had 14 analyst reports since April 10, 2018 according to SRatingsIntel. The rating was upgraded by Raymond James on Tuesday, April 10 to “Hold”. Barclays Capital maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Wednesday, April 11 with “Equal-Weight” rating. On Tuesday, June 26 the stock rating was maintained by Wells Fargo with “Market Perform”. The company was maintained on Friday, July 13 by Bank of America. The stock has “Hold” rating by Piper Jaffray on Sunday, April 15. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Hold” rating by Stephens on Tuesday, April 17. Jefferies maintained the shares of CBSH in report on Wednesday, April 18 with “Hold” rating. The company was maintained on Friday, July 13 by Barclays Capital. On Tuesday, July 17 the stock rating was maintained by Morgan Stanley with “Underweight”. The firm earned “Sell” rating on Tuesday, May 15 by Bank of America.

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 $7.39 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.01 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 news for Commerce Bancshares, Inc. (NASDAQ:CBSH) were recently published by: Bizjournals.com, which released: “Jones, Kemper, 2 others make national list of influential finance executives” on September 10, 2018. Nasdaq.com‘s article titled: “What Makes Commerce Bancshares (CBSH) Stock a Hot Pick for Investors?” and published on August 24, 2018 is yet another important article.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Positions Chart

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