CBSH
Commerce Bancshares, Inc.
| Exchange: | NASDAQ |
| Market Cap: | 7.35B |
| Shares Outstanding: | 194.64M |
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Regional | |||||
| CEO: | John W. Kemper | |||||
| Full Time Employees: | 4662 | |||||
| Address: |
| |||||
| Website: | https://www.commercebank.com |
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
No earnings call materials on file for this symbol yet.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1,969,321 | 2,092,933 | 2,139,664 |
| Gross Profit | 1,550,708 | 1,630,719 | 1,711,661 |
| EBITDA | 669,239 | 733,566 | 770,028 |
| Operating Income | 619,726 | 679,490 | 731,835 |
| Net Income | 477,060 | 526,331 | 566,251 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 31,701,061 | 31,996,627 | 32,915,089 |
| Total Liabilities | 28,736,831 | 28,664,152 | 29,100,317 |
| Total Stockholders Equity | 2,944,116 | 3,309,881 | 3,791,371 |
| Total Debt | 2,910,219 | 2,926,814 | 3,002,439 |
| Cash and Cash Equivalents | 2,682,157 | 3,372,910 | 0 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 488,769 | 577,859 | 645,136 |
| Capital Expenditure | -88,074 | -46,133 | 0 |
| Free Cash Flow | 400,695 | 531,726 | 645,136 |
| Net Income | 485,177 | 534,401 | 570,699 |
| Net Change in Cash | 1,789,482 | 688,709 | 171,723 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 2,140,154.497 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 2,141,527.872 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 2,140,841.185 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 852,698.826 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 853,246.018 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 852,972.422 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 636,105.191 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 706,630.447 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 654,215 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 738,937.632 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 739,411.822 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 739,174.727 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 4.830 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 5.090 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 4.580 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 2 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: CBSH demonstrates consistent revenue and net income growth as per recent income statements, supported by strong operating cash flow and free cash flow metrics from cash flow statements. This indicates operational efficiency and financial stability, key for sustaining dividend payouts and reinvestment.
- Healthy Profitability Metrics: High gross profit margin and net profit margin (from key metrics) reflect effective cost management and profitability compared to industry benchmarks, positioning CBSH as a leader within the banking sector.
- Strong Balance Sheet: Significant cash and cash equivalents alongside a manageable debt-to-equity ratio (from balance sheet and key metrics) provide financial flexibility for growth initiatives or weathering economic downturns.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates CBSH intrinsic value between $58.22 – $58.59 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about CBSH valuation
Is Commerce Bancshares, Inc. (CBSH) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Commerce Bancshares, Inc. (CBSH) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is CBSH a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether CBSH trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is CBSH’s P/E ratio?
You can see CBSH’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for CBSH?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is CBSH a good long-term investment?
Whether CBSH fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Trading Metrics:
| Open: | 48.88 | Previous Close: | 49.28 | |
| Day Low: | 48.74 | Day High: | 49.94 | |
| Year Low: | 46.99 | Year High: | 63.19 | |
| Price Avg 50: | 51.32 | Price Avg 200: | 54.5 | |
| Volume: | 786472 | Average Volume: | 1.352M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeCBSH full analysis
Welcome to MARKETSNAP’s SWOT analysis for Commerce Bancshares, or CBSH as it’s listed on the ticker. If you’re not familiar with this name, let me give you the quick rundown. Commerce Bancshares is a regional banking powerhouse based in the U.S., operating primarily in the financial services sector with a focus on banking and wealth management. They’ve carved out a solid spot in the industry, serving both individual and business clients across several states. With thousands of full-time employees and…
Relevant news
