Commerce Bancshares, Inc. (CBSH)

In October 2025, Commerce Bancshares missed revenue and EPS expectations and FineMark shareholders approved the merger with Commerce Bancshares. In January 2026, Commerce Bancshares completed its acquisition of FineMark. In Q4 2025, Commerce Bancshares reported earnings of $1.01 per share, beating estimates by $0.02, with revenue growing by 6.5% to $449 million. As of March 5, 2026, the share price was $51.50, representing a decline of 12.73% from March 6, 2025. On March 30, 2026, Morgan Stanley lowered its price target on Commerce Bancshares to $61 from $65, while maintaining an Equal Weight rating.

Commerce Bancshares exhibits distinct seasonal tendencies based on 27 years of historical data. November has been the strongest month, while September tends to be the weakest month. The company has an average annual return of 6.78% with a monthly win rate of 55.9%.

Commerce Bancshares, Inc. is a regional bank holding company operating as the corporate parent of Commerce Bank, headquartered in Kansas City, Missouri. It offers a range of financial services including retail, mortgage banking, corporate, investment, trust, and asset management. The company operates through three segments: Commercial, providing corporate lending and payment solutions; Consumer, offering retail banking services; and Wealth, delivering financial planning and investment management.

Commerce Bancshares has a significant presence across the Midwest and beyond, operating over 257 to 300 branch and ATM locations across Missouri, Kansas, Illinois, Oklahoma, and Colorado. Its principal offices are in Kansas City and St. Louis, Missouri, with commercial offices in several other states. Commercial payments services are offered in 48 states across the U.S.

Commerce Bancshares has maintained a positive brand reputation, particularly in customer service. The company was named to Newsweek's America's Best Banks for Best Customer Service for the second consecutive year, highlighting its commitment to customer satisfaction.

Commerce Bancshares has a diverse ownership structure, with 70.26% of the stock held by institutions. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual investors hold approximately 46.45% of the company's stock, while insiders hold about 1.80%.