Commerce Bancshares, Inc. (CBSH) Analysts See $0.88 EPS

June 13, 2018 - By Vivian Currie

Commerce Bancshares, Inc. (NASDAQ:CBSH) LogoInvestors sentiment decreased to 1.07 in 2018 Q1. Its down 1.64, from 2.71 in 2017Q4. It is negative, as 16 investors sold Commerce Bancshares, Inc. shares while 91 reduced holdings. 34 funds opened positions while 81 raised stakes. 67.86 million shares or 3.53% more from 65.55 million shares in 2017Q4 were reported.
Ameritas Inv Prtnrs, a Nebraska-based fund reported 36,234 shares. Lpl Financial reported 0% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH). Brandywine Mgmt Ltd Liability accumulated 0.03% or 89,659 shares. Citigroup holds 22,375 shares or 0% of its portfolio. Cooke And Bieler Limited Partnership has 553,053 shares for 0.62% of their portfolio. Raymond James And Assocs invested in 0.03% or 235,408 shares. Renaissance Ltd Company holds 0.01% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 190,917 shares. Ls Investment Advsrs Ltd Liability Com holds 0.02% of its portfolio in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 5,299 shares. Ent Corporation reported 2,491 shares or 0.08% of all its holdings. Envestnet Asset Mngmt Inc reported 5,790 shares stake. Mufg Americas Hldg Corporation owns 955 shares. National Bank Of The Ozarks holds 21,101 shares or 0.5% of its portfolio. Fuller And Thaler Asset Mgmt holds 2,600 shares. Dean Inv Assoc Limited Liability owns 12,973 shares or 0.11% of their US portfolio. Oppenheimer And Incorporated holds 95,816 shares or 0.15% of its portfolio.

Since January 29, 2018, it had 0 insider buys, and 28 sales for $20.33 million activity. Shares for $174,034 were sold by Callahan Daniel D.. Another trade for 798 shares valued at $48,650 was made by Kellerhals Patricia R on Monday, March 12. BURIK JEFFREY M. sold $51,825 worth of stock or 850 shares. ABERDEEN JEFFERY D sold $84,148 worth of stock or 1,333 shares. KEMPER JONATHAN M had sold 33,424 shares worth $2.04M on Wednesday, February 21. 22,988 shares valued at $1.35 million were sold by KEMPER DAVID W on Monday, January 29.

Analysts expect Commerce Bancshares, Inc. (NASDAQ:CBSH) to report $0.88 EPS on July, 12.They anticipate $0.17 EPS change or 23.94 % from last quarter’s $0.71 EPS. CBSH’s profit would be $93.81M giving it 18.50 P/E if the $0.88 EPS is correct. After having $0.92 EPS previously, Commerce Bancshares, Inc.’s analysts see -4.35 % EPS growth. The stock decreased 0.40% or $0.26 during the last trading session, reaching $65.13. About 84,768 shares traded. Commerce Bancshares, Inc. (NASDAQ:CBSH) has risen 25.07% since June 13, 2017 and is uptrending. It has outperformed by 12.50% the S&P500.

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

Among 10 analysts covering Commerce Bancshares Inc (NASDAQ:CBSH), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Commerce Bancshares Inc had 16 analyst reports since December 21, 2017 according to SRatingsIntel. The stock has “Sell” rating by Keefe Bruyette & Woods on Thursday, January 18. Jefferies maintained the stock with “Hold” rating in Wednesday, April 18 report. The stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Hold” rating by Raymond James on Tuesday, April 10. The firm earned “Hold” rating on Friday, January 19 by Stephens. Piper Jaffray maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) rating on Sunday, April 15. Piper Jaffray has “Hold” rating and $6300 target. The rating was maintained by Keefe Bruyette & Woods on Thursday, April 12 with “Hold”. The rating was maintained by Stephens on Tuesday, April 17 with “Hold”. Barclays Capital maintained the shares of CBSH in report on Wednesday, April 11 with “Equal-Weight” rating. Morgan Stanley maintained the shares of CBSH in report on Tuesday, April 17 with “Underweight” rating. The rating was maintained by Keefe Bruyette & Woods with “Sell” on Thursday, December 21.

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 $6.94 billion. It operates through three divisions: Consumer, Commercial, and Wealth. It has a 20.55 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: Nasdaq.com which released: “Report: Exploring Fundamental Drivers Behind Micronet Enertec Technologies, Everbridge, Visteon, Commerce …” on May 17, 2018, also Businesswire.com published article titled: “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018”, Bizjournals.com published: “As another Kemper steps down, Commerce Bank shuffles its leadership” on June 04, 2018. More interesting news about Commerce Bancshares, Inc. (NASDAQ:CBSH) was released by: Streetinsider.com and their article: “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners” with publication date: June 05, 2018.

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

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