US stock · Financial Services sector · Banks—Regional
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Commerce Bancshares, Inc.

CBSHNASDAQ

68.17

USD
+1.42
(+2.13%)
After Hours Market
15.80P/E
16Forward P/E
0.61P/E to S&P500
8.230BMarket CAP
1.52%Div Yield
Upcoming Earnings
20 Jul-25 Jul
Shares Short
5/13/22
3.72M
Short % of Float
3.40%
Short % of Shares Outs.
3.08%
% Held by Insiders
2.62%
% Held by Institutions
70.96%
Beta
0.85
PEG Ratio
-1.98
52w. high/low
74.92/61.81
Avg. Daily Volume
0.42M
Return %
Stock
S&P 500
1 year
(8.89)
(6.01)
3 years
24.09
39.24
5 years
42.11
63.25
Scale: |
High
Low
31.17
26.57
35.78
23.53
30.06
18.82
30.72
24.94
31.27
23.50
30.37
25.71
35.86
26.42
37.34
31.34
40.70
32.52
51.16
32.34
52.36
44.83
62.67
47.38
62.27
49.57
65.23
41.28
79.10
61.68
74.72
64.25
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
5.99
6.42
6.81
7.04
7.03
7.13
7.27
7.32
7.73
8.16
8.90
9.57
10.22
10.66
10.91
11.66
11.64
Earnings per share
1.51
1.44
1.33
1.15
1.49
1.74
1.88
1.85
1.89
1.98
2.12
2.46
3.34
3.33
2.87
4.34
4.22
FCF per share
2.81
2.00
1.23
1.81
4.37
2.62
2.42
2.39
2.29
1.93
3.14
3.09
4.01
3.71
4.79
4.43
3.76
Dividends per share
0.45
0.48
0.51
0.51
0.52
0.54
1.47
0.58
0.64
0.70
0.74
0.77
0.84
0.97
1.03
1.00
1.02
CAPEX per share
0.28
0.35
0.30
0.20
0.12
0.14
0.24
0.17
0.32
0.24
0.19
0.24
0.26
0.34
0.27
0.46
0.50
Book Value per sh.
9.88
10.68
11.08
12.85
13.54
14.68
15.09
15.65
16.84
17.71
19.23
20.88
22.61
24.76
27.52
28.12
27.35
Comm.Shares outs.
146
143
142
147
149
148
144
141
138
133
130
130
130
127
123
122
122
Avg. annual P/E ratio
19.7
20.0
21.1
21.3
18.5
16.2
14.8
17.2
18.6
18.5
19.4
19.8
16.4
16.5
19.3
16.0
15.8
P/E to S&P500
1.1
1.2
1.0
0.3
0.9
1.0
1.0
1.0
1.0
0.9
0.9
0.8
0.7
0.7
0.5
0.5
0.6
Avg. annual div. yield
1.5%
1.7%
1.8%
2.1%
1.9%
1.9%
5.3%
1.8%
1.8%
1.9%
1.8%
1.6%
1.5%
1.8%
1.9%
1.4%
1.5%
Revenue (m)
875
918
968
1,032
1,049
1,052
1,044
1,033
1,070
1,088
1,154
1,245
1,325
1,350
1,347
1,426
1,422
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation (m)
61
60
51
52
49
47
43
42
42
43
41
40
39
41
44
45
45
Net profit (m)
220
207
189
169
222
256
269
261
262
264
275
319
434
421
354
531
518
Income tax rate
32.1%
31.2%
31.1%
30.5%
30.3%
31.9%
31.9%
31.9%
31.4%
30.4%
31.0%
25.7%
19.5%
20.5%
19.8%
21.2%
21.7%
Net profit margin
25.1%
22.5%
19.5%
16.4%
21.1%
24.4%
25.8%
25.3%
24.5%
24.2%
23.9%
25.6%
32.7%
31.2%
26.3%
37.2%
36.4%
Working capital (m)
11,209
12,356
13,198
11,104
10,573
10,798
12,001
13,531
13,844
14,252
15,434
15,502
16,328
16,849
19,800
21,491
- -
Long-term debt (m)
33
584
1,748
736
112
112
104
107
104
104
102
2
9
2
1
13
9
Equity (m)
1,442
1,528
1,577
1,884
2,022
2,166
2,167
2,211
2,330
2,362
2,496
2,717
2,931
3,135
3,397
3,437
2,961
ROIC
2.9%
3.0%
2.1%
1.5%
1.5%
1.4%
1.3%
1.2%
1.2%
1.2%
1.2%
1.4%
1.9%
1.9%
1.2%
1.5%
1.5%
Return on capital
4.2%
4.3%
3.0%
2.2%
2.2%
2.1%
2.0%
1.8%
1.7%
1.7%
1.7%
1.9%
2.4%
2.4%
1.5%
1.9%
1.9%
Return on equity
15.2%
13.5%
12.0%
9.0%
11.0%
11.8%
12.4%
11.8%
11.2%
11.2%
11.0%
11.8%
14.8%
13.4%
10.4%
15.4%
17.5%
Plowback ratio
70.1%
66.7%
61.8%
55.8%
64.7%
69.1%
21.4%
68.5%
66.3%
64.4%
65.1%
68.5%
74.8%
70.9%
64.0%
76.9%
76.1%
Div.&Repurch./FCF
16.0%
24.1%
37.5%
(10.7)%
16.5%
42.7%
90.9%
44.9%
113.3%
84.4%
33.2%
29.4%
35.5%
86.6%
56.1%
46.6%
61.7%
Capital Structure
5 May · 2022 | Q1
All numbers in millions
Total liabilities
$ 32,013
Total assets
$ 34,987
Long-term debt
$ 9
Cash and equiv.
$ 1,587
Goodwill
$ 139
Retained earnings
$ 179
Common stock
120
Enterprise Value
$ 6,652
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
9,459
14,634
18,727
Receivables
- -
- -
- -
Inventory
- -
- -
- -
Other
7,389
6,464
6,154
Current assets
16,849
19,800
21,491
Acc. Payable
- -
- -
- -
Debt due
- -
- -
- -
Other
- -
- -
- -
Current liabilities
- -
- -
- -
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
5.88%
3.48%
3.56%
Cash flow
(8.44)%
9.21%
7.34%
Earnings
49.91%
16.72%
9.47%
Dividends
(3.82)%
5.25%
(2.14)%
Book value
1.18%
6.10%
5.30%
Insider Trading
Type
Shares
Date
Walker Kimberly G
Award
183
04/29/22
Taylor-Broughton Christine B
Award
183
04/29/22
Rassieur Benjamin F Iii
Award
183
04/29/22
Schnuck Todd R
Award
183
04/29/22
Grant W Thomas Ii
Award
183
04/29/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
311
316
362
357
1,347
2021
352
364
365
346
1,426
2022
348
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.42
0.32
1.07
1.05
2.87
2021
1.07
1.33
1.00
0.94
4.34
2022
0.98
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.26
0.26
- -
0.24
- -
2021
0.25
0.25
0.25
0.25
1.00
2022
0.27
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Banks—Regional
CEO:
Mr. John Kemper
Full-time employees:
4,563
City:
Kansas City
Address:
1000 Walnut St
IPO:
Mar 17, 1980
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: Consumer, Commercial, and Wealth. The Consumer 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; 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 also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.