Equities Analysts Offer Predictions for CBSH FY2026 Earnings

Posted by Grant Hamersma on Mar 10th, 2026

Commerce Bancshares, Inc. (NASDAQ:CBSH – Free Report) – Research analysts at Zacks Research lifted their FY2026 earnings per share estimates for Commerce Bancshares in a report issued on Thursday, March 5th. Zacks Research analyst Team now expects that the financial services provider will earn $4.04 per share for the year, up from their prior forecast of $4.03. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Commerce Bancshares’ current full-year earnings is $3.94 per share. Zacks Research also issued estimates for Commerce Bancshares’ Q1 2027 earnings at $1.07 EPS, Q2 2027 earnings at $1.10 EPS and FY2027 earnings at $4.41 EPS.

Commerce Bancshares (NASDAQ:CBSH – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The financial services provider reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.99 by $0.02. Commerce Bancshares had a net margin of 26.51% and a return on equity of 15.34%. The business had revenue of $449.36 million during the quarter, compared to the consensus estimate of $442.47 million. During the same quarter in the previous year, the firm earned $1.01 EPS. The company’s revenue was up 6.5% compared to the same quarter last year.

Several other brokerages have also issued reports on CBSH. Morgan Stanley dropped their price objective on Commerce Bancshares from $67.00 to $65.00 and set an “equal weight” rating on the stock in a report on Monday, March 2nd. TD Cowen dropped their price target on Commerce Bancshares from $61.00 to $55.00 and set a “hold” rating on the stock in a research note on Wednesday, January 7th. Piper Sandler set a $62.00 price target on Commerce Bancshares and gave the stock a “neutral” rating in a research report on Monday, January 26th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Commerce Bancshares in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $61.51.

Read Our Latest Research Report on CBSH

Commerce Bancshares Price Performance

Shares of NASDAQ:CBSH opened at $49.60 on Monday. Commerce Bancshares has a 12 month low of $48.58 and a 12 month high of $63.19. The firm has a market capitalization of $7.29 billion, a P/E ratio of 11.84, a P/E/G ratio of 2.53 and a beta of 0.61. The company’s fifty day moving average price is $53.23 and its 200 day moving average price is $53.67.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CBSH. Danske Bank A S acquired a new stake in Commerce Bancshares in the third quarter valued at $25,000. Geneos Wealth Management Inc. grew its stake in shares of Commerce Bancshares by 85.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 216 shares during the period. Daytona Street Capital LLC acquired a new position in shares of Commerce Bancshares during the 4th quarter worth $25,000. Quent Capital LLC purchased a new position in shares of Commerce Bancshares in the 3rd quarter valued at about $31,000. Finally, CoreFirst Bank & Trust acquired a new stake in shares of Commerce Bancshares in the second quarter valued at about $33,000. Institutional investors and hedge funds own 70.26% of the company’s stock.

Insider Transactions at Commerce Bancshares

In other news, SVP Kim L. Jakovich sold 949 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $51.45, for a total transaction of $48,826.05. Following the completion of the transaction, the senior vice president directly owned 12,741 shares of the company’s stock, valued at approximately $655,524.45. This represents a 6.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP David L. Roller sold 1,134 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $54.48, for a total value of $61,780.32. Following the transaction, the senior vice president directly owned 30,535 shares of the company’s stock, valued at approximately $1,663,546.80. This trade represents a 3.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,477 shares of company stock valued at $1,586,655 over the last 90 days. Insiders own 3.10% of the company’s stock.

Commerce Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Investors of record on Friday, March 6th will be issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, March 6th. Commerce Bancshares’s dividend payout ratio is currently 26.25%.

Commerce Bancshares News Summary

Here are the key news stories impacting Commerce Bancshares this week:

Positive Sentiment: Investors are responding to a recent rating upgrade and management commentary on balance-sheet optimization, which supports the view that the bank can improve capital deployment and profitability over time. How Investors Are Reacting To Commerce Bancshares (CBSH) Rating Upgrade And Balance-Sheet Optimization Focus
Neutral Sentiment: Zacks Research published a FY2026 earnings outlook for CBSH that frames analyst expectations for next-year EPS; this provides a baseline for valuation but did not contain immediate surprises. What is Zacks Research’s Forecast for CBSH FY2026 Earnings?
Neutral Sentiment: A recent piece asked whether current share-price weakness is reflected in CBSH’s valuation, highlighting mixed investor views on fair value versus fundamentals. Is Commerce Bancshares (CBSH) Pricing Reflect Its Recent Share Price Weakness?
Neutral Sentiment: Short-interest reporting appears anomalous (reported as 0 shares with NaN change), so there’s no clear evidence of rising short pressure affecting the stock today. (Data looks like a reporting error and likely not material.)
Negative Sentiment: Morgan Stanley cut its target for Commerce as the buy-side raises the bar for bank stocks, a move that increases near-term downside risk by lowering analyst support and influencing investor sentiment. Morgan Stanley Lowers Commerce Bancshares (CBSH) Target as Bank Sector Bar Rises
Negative Sentiment: Two senior VPs disclosed open-market sales (861 shares at ~$51.69 and 949 shares at ~$51.45), trimming their positions by ~13% and ~7% respectively—insider selling can weigh on sentiment even if sales are routine. Margaret M. Rowe Form 4 Kim L. Jakovich Form 4

About Commerce Bancshares

(Get Free Report)

Commerce Bancshares, Inc is a bank holding company primarily engaged in providing a broad range of banking and financial services across the Midwest. Through its principal subsidiary, Commerce Bank, the company offers commercial and consumer banking, treasury management, trust and wealth advisory, and mortgage lending. Its diversified product suite includes deposit and loan products, cash management solutions, capital markets services, and private banking designed to meet the needs of individuals, small businesses, and large corporations.

The company’s commercial banking group delivers tailored credit facilities, equipment and inventory financing, asset-based lending, and merchant services.