Last $43.28 USD
Change Today -0.04 / -0.09%
Volume 207.6K
CBSH On Other Exchanges
Symbol
Exchange
Munich
NASDAQ GS
As of 8:10 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

commerce bancshares inc (CBSH) Snapshot

Open
$43.20
Previous Close
$43.32
Day High
$43.45
Day Low
$43.10
52 Week High
07/1/14 - $45.38
52 Week Low
10/15/14 - $38.10
Market Cap
4.2B
Average Volume 10 Days
295.4K
EPS TTM
$2.65
Shares Outstanding
96.3M
EX-Date
11/25/14
P/E TM
16.3x
Dividend
$0.86
Dividend Yield
1.98%
Current Stock Chart for COMMERCE BANCSHARES INC (CBSH)

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commerce bancshares inc (CBSH) Details

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The company operates in three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various retail banking products and services, including consumer deposits; consumer loans, such as auto, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer installment loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online and telephone banking services. The Commercial segment provides various corporate lending, merchant and commercial bank card, leasing and international, investment safekeeping and bond accounting, and business and government deposit and cash management services, as well as sells fixed-income securities. The Wealth segment provides traditional trust and estate tax planning services, brokerage services, and advisory and discretionary investment portfolio management services, as well as manages a family of proprietary mutual funds, which are available for sale to trust and general retail customers. The company, through its other non-banking subsidiaries, is engaged in the credit life and credit accident, and health insurance underwriting; selling property and casualty insurance; private equity investments; securities brokerage; mortgage banking; and leasing activities. It operates through a network of 202 full-service branches and 398 ATMs, and a central contact center from approximately 360 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas, Missouri.

4,740 Employees
Last Reported Date: 11/6/14
Founded in 1865

commerce bancshares inc (CBSH) Top Compensated Officers

Chairman, Chief Executive Officer, Chairman o...
Total Annual Compensation: $896.1K
President, Chief Operating Officer, Member of...
Total Annual Compensation: $386.3K
Chief Financial Officer
Total Annual Compensation: $415.1K
Vice Chairman, Member of Executive Committee,...
Total Annual Compensation: $367.6K
Executive Vice President of Commercial Line o...
Total Annual Compensation: $408.7K
Compensation as of Fiscal Year 2013.

commerce bancshares inc (CBSH) Key Developments

Commerce Bancshares, Inc. Declares Quarter Cash Dividend on Common and Preferred Stock Payable on December 15, 2014 and December 1, 2014

Commerce Bancshares, Inc. declared a quarterly dividend of $0.225 per share on the company's common stock payable December 15, 2014, to stockholders of record at the close of business on November 28, 2014 (the dividend will not be payable on any shares to be issued pursuant to the 5% stock dividend), and a quarterly dividend of $0.3750 per depositary share on the company's Series B non-cumulative perpetual preferred stock payable December 1, 2014, to stockholders of record at the close of business on November 14, 2014.

Commerce Bancshares, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Loan Charge-Offs for the Third Quarter of 2014

Commerce Bancshares, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company announced earnings of $0.72 per basic and diluted share compared to $0.71 per basic and diluted share in the third quarter of 2013 and $0.70 per share in the previous quarter. Net income attributable to the company amounted to $68.2 million, compared to $66.5 million last quarter and $68.2 million in the same quarter last year. For the current quarter, the return on average assets totaled 1.20% against 1.26% a year ago. Return on average common equity was 12.30% against 12.69% a year ago. Net interest income was $154,716,000 compared to $154,706,000 a year ago. Book value per common share was $23.38 compared to $22.77 a year ago. Income before income taxes was $100,159,000 compared to $101,209,000 a year ago. Net income available to common shareholders was $66,385,000 compared to $68,224,000 a year ago. For the nine months ended September 30, 2014, the company’s diluted earnings per common share totaled $2.09 compared to $2.03 in the first nine months of 2013. Net income amounted to $199.0 million compared to $195.0 million for the same period last year. The return on average assets for the first nine months of 2014 was 1.18% against 1.20% a year ago. Return on average common equity was 11.88% against 12.05% a year ago. Net interest income was $468,275,000 compared to $464,507,000 a year ago. Income before income taxes was $290,101,000 compared to $287,163,000 a year ago. Net income available to common shareholders was $197,229,000 compared to $195,046,000 a year ago. The company reported net loan charge-offs for the third quarter of 2014. For the period, the company’s net loan charge-offs amounted to $7.7 million, compared with $7.6 million in the prior quarter and $6.6 million in the third quarter of last year.

Commerce Bancshares, Inc. to Report Q3, 2014 Results on Oct 15, 2014

Commerce Bancshares, Inc. announced that they will report Q3, 2014 results on Oct 15, 2014

 

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CBSH:US $43.28 USD -0.04

CBSH Competitors

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Company Last Change
Cullen/Frost Bankers Inc $77.80 USD -0.14
East West Bancorp Inc $37.35 USD +0.145
EverBank Financial Corp $19.10 USD 0.00
People's United Financial Inc $14.88 USD -0.02
Umpqua Holdings Corp $17.30 USD +0.04
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Industry Analysis

CBSH

Industry Average

Valuation CBSH Industry Range
Price/Earnings 16.4x
Price/Sales 4.0x
Price/Book 1.9x
Price/Cash Flow 15.7x
TEV/Sales 0.8x
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