NVDA+2.54%AAPL+1.32%GOOGL−1.62%MSFT+0.20%AMZN−0.10%TSM+1.60%SPCX+7.79%META+0.47%
StockVS

NASDAQ · Banks - Regional · USD

Commerce Bancshares, Inc. (CBSH) Stock Analysis

Commerce Bancshares, Inc. (CBSH) is a Banks - Regional stock listed on NASDAQ and quoted in US Dollar.

Last Updated: October 21, 2026

CBSH

$55.14

−$0.44 (−0.79%)

Oct 21, 2026 · Market close

Compare

Price History

Hover for the daily close. The dotted line marks the period open.

Compare CBSH with… →

CBSH Key Statistics

As of Oct 21, 2026
Trading
Open
$55.45
Previous Close
$55.58
Day's Range
54.94–55.97
52-Week Range
46.99–60.92
Volume
1.13M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
0.59
Valuation
Market Cap
$7.81B
P/E Ratio
13.34
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
11.84
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
2.06
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
4.23
EPS (ttm)Profit attributable to each share over the last twelve months.
4.08
Financials (FY)
Revenue (FY)
$1.77B+6.26%
Net Income (FY)
$566.25M+7.58%
Profit marginThe share of revenue left as profit after all costs and taxes.
31.64%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
143.43M
1-Year Return
+9.23%
Dividend and dates
Dividend
2.03%
Ex-Dividend Date
September 4, 2026
Earnings Date
October 15, 2026estimated
Avg Volume
1.01M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CBSH closed at $55.14, +9.23% over 1 year.

Commerce Bancshares, Inc. (CBSH) has a market capitalization of $7.81B.

In fiscal 2025, CBSH reported revenue of $1.77B.

CBSH Stock Return by Calendar Year

Commerce Bancshares, Inc. (CBSH) 10-year return: what $10,000 became

1 year
$10,000 $10,923
+9.23%
5 years
$10,000 $10,233
+2.33%
10 years
$10,000 $17,606
+76.06%

If you had invested $10,000 in Commerce Bancshares, Inc. (CBSH) 10 years ago, at the close on October 21, 2016, it would have been worth $17,606 at the close on October 21, 2026: +76.06% in total, +5.82% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+6.47%
2025−10.16%
2024+24.71%
2023−15.91%
2022+0.53%
2021+11.46%
2020+3.31%
2019+22.61%
2018+7.53%
2017−1.84%
2016 (partial year)+20.08%

As of October 21, 2026.

CBSH Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$1.77B$566.25M32.0%
2024$1.66B$526.33M31.6%
2023$1.59B$477.06M30.1%
2022$1.51B$488.40M32.4%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$1.77B——$566.25M32.0%
2024$1.66B——$526.33M31.6%
2023$1.59B——$477.06M30.1%
2022$1.51B——$488.40M32.4%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CBSH Dividend History

$1.05+7.0% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$0.833—
2025$1.054+7.0%
2024$0.984+5.0%
2023$0.934+1.9%
YearDividends per sharePaymentsChange
2026 (partial year)$0.833—
2025$1.054+7.0%
2024$0.984+5.0%
2023$0.934+1.9%
2022$0.924+4.5%
2021$0.884+2.3%
2020$0.864+5.1%
2019$0.814+14.7%
2018$0.714+5.8%
2017$0.674+300.0%
2016$0.171—

Most recent payment: $0.27 per share, ex-dividend September 4, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

CBSH Valuation vs Banks - Regional Median

Median of 326 stocks
MetricCBSHBanks - Regional medianvs median
P/E13.3412.0311% above
P/S ratio4.233.5818% above
Profit margin31.64%29.44%2.2 pts above

Medians across 326 Banks - Regional stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

The market values Commerce Bancshares, Inc. (CBSH) at $7.81B. It is classified in the Banks - Regional industry, within the Financial Services sector. The company reports 4,976 employees.

Over the past 52 weeks the price has ranged from $46.99 to $60.92. CBSH last closed at $55.14 on October 21, 2026. That is −$0.44 (−0.79%) against the previous close. The latest close sits 17.34% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $1.77B. Against the prior fiscal year total of $1.66B, that is a change of +6.26%. The same year closed with net income of $566.25M. That is +7.58% against the prior fiscal year. The reported profit margin is 31.64%. That is 2.2 percentage points above the Banks - Regional median of 29.44%. Trailing earnings per share are 4.08.

Across the 4 fiscal years on file, revenue moves from $1.51B in 2022 to $1.77B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

CBSH trades at a trailing price-to-earnings ratio of 13.34. That is 10.89% above the Banks - Regional median of 12.03. The forward P/E on file is 11.84. The PEG ratio, which sets the P/E against expected earnings growth, reads 2.06. Measured against sales, the shares trade at 4.23 times revenue. On price-to-sales that is 18.26% above the Banks - Regional median of 3.58. 326 Banks - Regional companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +9.23%. Across 10 years the annualized return works out at +5.82%. The reported beta is 0.59. Annualized volatility over the trailing 10 years is 26.48%.

Growth & Income

Shareholders receive a dividend, yielding 2.03% on the latest price. That is 0.7 percentage points below the Banks - Regional median yield of 2.68%. The ex-dividend date on file is September 4, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $0.83 a share. The year before, 2025, totalled $1.05 a share.

The strongest complete calendar year on file is 2024 at +24.71%; the weakest is 2023 at −15.91%. Of the 9 complete calendar years on file, 6 finished higher. 2026 is still running; the total return is +6.47% year to date.

Peer Comparison

Commerce Bancshares, Inc. (CBSH) operates in the Banks - Regional industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Commerce Bancshares, Inc. CBSH $7.81B 13.3
Mizuho Financial Group, Inc. MFG $120.84B 13.7
HDFC Bank Limited HDB $116.51B 14.6
Itaú Unibanco Holding S.A. ITUB $106.91B 12.4

The Banks - Regional industry average P/E ratio is 12.0x. Commerce Bancshares, Inc. trades at a P/E of 13.3.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

Related Banks - Regional Stocks

MFG

Mizuho Financial Group, Inc.

$120.84B

 HDB

HDFC Bank Limited

$116.51B

 ITUB

Itaú Unibanco Holding S.A.

$106.91B

 IBN

ICICI Bank Limited

$106.04B

 USB

U.S. Bancorp

$92.00B

 PNC

The PNC Financial Services Group, Inc.

$88.92B
View all Banks - Regional stocks →

Popular Financial Services Stocks

BRK-B

Berkshire Hathaway Inc.

$1.11T

 JPM

JPMorgan Chase & Co.

$890.13B

 V

Visa Inc.

$765.68B

 MA

Mastercard Incorporated

$545.42B

 BAC

Bank of America Corporation

$358.24B
View all Financial Services stocks →

About Commerce Bancshares, Inc.

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Retail Banking, Commercial, and Wealth. The Retail Banking segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Visit website →