Commerce Bancshares, Inc. (CBSH)

Over the past six months, Commerce Bancshares' stock price has declined by approximately 15.71%, reaching a new 52-week low in November 2025. In the third quarter of 2025, the company reported earnings per share of $1.06, missing analysts' estimates. The company received analyst downgrades. FineMark shareholders approved the merger with Commerce Bancshares. The Board of Directors approved a stock repurchase program and declared a stock dividend and a quarterly cash dividend. A 1.05-for-1 stock split was announced. Challenges with net interest margin compression have contributed to downward adjustments of future operating EPS estimates.

Based on the available information, there is no explicit mention of significant demand seasonality for Commerce Bancshares' products and services. The company's diversified business model and broad range of financial services suggest a relatively stable demand profile throughout the year.

Commerce Bancshares, Inc. offers a diversified line of financial services through its primary subsidiary, Commerce Bank, with major products and services categorized into personal banking, business banking, and wealth management. Personal banking includes various accounts, loans, credit products, and digital services. Business banking provides business accounts, commercial loans, equipment financing, payment solutions, and international services. Wealth management offers investment advisory, retirement planning, and private banking services through Commerce Trust. The company also engages in capital markets activities and provides specialized solutions like CommerceHealthcare® and CommercePayments®.

Commerce Bancshares primarily operates in the Midwest United States, with Commerce Bank having over 275 branch and ATM locations across Missouri, Kansas, Illinois, Oklahoma, and Colorado. The company maintains commercial offices in cities such as Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids, and wealth management offices in Dallas, Houston, and Naples. Its commercial payments services are available in 48 states across the U.S.

In the past year, Commerce Bancshares has maintained a positive brand reputation, receiving recognition as one of "America's Best Regional Banks" by Newsweek in January 2025. Forbes named Commerce Bank a "Best Employer by State: Missouri" in August 2024 and one of "America's Best Midsize Employers." U.S. News & World Report listed Commerce Bank among the "Best Companies to Work For in the Banking Industry" in June 2024. The company has also been recognized by Forbes as one of the "World's Best Banks" for five consecutive years.

Commerce Bancshares, Inc. has a mixed ownership structure comprising institutional investors, individual investors, and insiders. Institutional investors hold a significant portion of the company's stock, with approximately 56.59% to 70.26% of shares held by institutions. Individual investors and public companies hold approximately 26.12% to 42.80% of the stock, while insiders own about 3.48%.