CBSH

COMMERCE BANCSHARES INC /MO/

Nasdaq · State Commercial Banks · Inc. MO · CIK 0000022356
$54.58 +1.30% $7.9B
Insider Buying Cluster (3 insiders)
Vol
Market Cap$7.9B
Cap SizeMid Cap
Analyst ConsensusHold (43%)
Inst. Holders9 funds
Inst. Value$1.3B
Inst. Activity2 buys / 2 sells
Insider Activity1B / 6S
Insider Net $-$1.8M
SEC Reports7
Exchange Nasdaq·Sector State Commercial Banks·Inc. MO·CIK 0000022356·Prev Close $53.88

Recent Activity

May 29, 2026 Insider
BRAUER BLACKFORD F sold 718 shares
Director @ $52.22 ($37.5K)
May 29, 2026 Insider
BASSHAM TERRY D sold 718 shares
Director @ $52.22 ($37.5K)
May 29, 2026 Insider
CHAPMAN WILLIAM KYLE sold 646 shares
Director @ $52.22 ($33.7K)
May 18, 2026 dark_pool
Dark Pool: CBSH — 1.2M shares, 32,233 trades
Week starting 2026-05-18. Total ATS volume: 1,197,686 shares across 32,233 trades.
May 7, 2026 SEC
Commerce Bancshares reported the retirement of director Benjamin F. Rassieur, III, effective May 7, 2026, due to the com
8-K — Impact 2/10
Apr 28, 2026 SEC
Commerce Bancshares filed an 8-K covering routine corporate governance items and a share repurchase authorization. The b
8-K — Impact 3/10
Apr 27, 2026 SEC
Commerce Bancshares disclosed that it holds 411,723 Visa Class B-2 shares (carried at zero) and has tendered them in Vis
8-K — Impact 5/10
Inst.
NORGES BANK — NEW
1,629,393 shares ($85.3M)

Price Targets

$58.69 +7.5% upside Buy
Current $54.58 Low $53.00 Median $57.75 High $69.00 8 analysts
$53.00 $69.00

Analyst Ratings

Hold43% buy · 14 analysts
2Strong Buy
4Buy
8Hold
0Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 13, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform → Market Perform
Apr 23, 2026 TD Cowen MAINTAIN Hold → Hold
Apr 23, 2026 Piper Sandler MAINTAIN Neutral → Neutral
Apr 23, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform → Market Perform
Apr 9, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform → Market Perform

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $1.04 ▲ +2.1% $1.02 — $1.06 -4% YoY 6
Next Q $1.04 $0.98 — $1.08 3% YoY 7
Current FY $4.16 ▲ +2.7% $4.09 — $4.25 3% YoY 5
Next FY $4.38 ▲ +0.7% $4.22 — $4.53 7% YoY 8

Top Institutional Holders

FundValueMove
VANGUARD GROUP INC$768.9M
MORGAN STANLEY$127.7M
WELLS FARGO & COMPANY/MN$110.1M
NORGES BANK$85.3MNEW
CHARLES SCHWAB INVESTMENT MANAGEMENT$55.3MNEW

Recent Insider Trades

DateInsiderTypeValue
May 29, 2026BRAUER BLACKFORDA$37.5K
May 29, 2026BASSHAM TERRYA$37.5K
May 29, 2026CHAPMAN WILLIAMA$33.7K
May 29, 2026Daniel KarenA$46.3K
May 29, 2026DUNN TIMOTHYA$37.5K
9 institutional holders with $1.3B total value (24,433,006 shares) as of 2025-Q4. Top holders: VANGUARD, MORGAN, WELLS.

Top Institutional Holders — 2025-Q4

#FundSharesValue% of TrackedLast Move
1VANGUARD GROUP INC14,690,039$768.9M60.1%
2MORGAN STANLEY2,440,069$127.7M10.0%
3WELLS FARGO & COMPANY/MN2,104,012$110.1M8.6%
4NORGES BANK1,629,393$85.3M6.7%NEW
5CHARLES SCHWAB INVESTMENT MANAGEMENT INC1,057,125$55.3M4.3%NEW
6RENAISSANCE TECHNOLOGIES LLC1,037,726$54.3M4.2%ADD +27.8%
7TWO SIGMA INVESTMENTS, LP778,923$40.8M3.2%DOUBLED +125.1%
8BANK OF AMERICA CORP /DE/633,341$33.1M2.6%TRIM -54.7%
9FMR LLC62,378$3.3M0.3%TRIM -57.9%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
NORGES BANKNEW1,629,393$85.3M2025-Q4
TWO SIGMA INVESTMENTS, LPDOUBLED345,988778,923+125.1%$40.8M2025-Q4
BANK OF AMERICA CORP /DE/TRIM1,397,352633,341-54.7%$33.1M2025-Q4
FMR LLCTRIM148,17562,378-57.9%$3.3M2025-Q4
RENAISSANCE TECHNOLOGIES LLCADD781,286998,186+27.8%$59.7M2025-Q3
TWO SIGMA INVESTMENTS, LPDOUBLED20,095345,988+1621.8%$20.7M2025-Q3
FMR LLCADD113,559148,175+30.5%$8.9M2025-Q3
NORGES BANKEXIT1,436,0940-100.0%$0.002025-Q3
NORGES BANKNEW1,436,094$89.3M2025-Q2
FMR LLCADD57,528113,559+97.4%$7.1M2025-Q2
TWO SIGMA INVESTMENTS, LPTRIM32,37220,095-37.9%$1.2M2025-Q2
CITADEL ADVISORS LLCDOUBLED36,599731,516+1898.7%$45.5M2025-Q1
NORGES BANKEXIT1,385,4460-100.0%$0.002025-Q1
UBS Group AGDOUBLED227,6731,469,691+545.5%$91.6M2024-Q4
CITADEL ADVISORS LLCADD19,72036,599+85.6%$2.3M2024-Q4
CHARLES SCHWAB INVESTMENT MANAGEMENT INCNEW1,011,502$60.1M2024-Q3
24 unique insiders with 7 transactions. Net insider value: -$1.8M ($119.3K bought, $1.9M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
May 29, 2026BRAUER BLACKFORD FDirectorA718$52.22$37.5K
May 29, 2026BASSHAM TERRY DDirectorA718$52.22$37.5K
May 29, 2026CHAPMAN WILLIAM KYLEDirectorA646$52.22$33.7K
May 29, 2026Daniel Karen LDirectorA886$52.22$46.3K
May 29, 2026DUNN TIMOTHY SDirectorA718$52.22$37.5K
May 29, 2026FOWLER JUNE MCALLISTERDirectorA646$52.22$33.7K
May 29, 2026Schnuck Todd RDirectorA790$52.22$41.3K
May 29, 2026TAYLOR CHRISTINE BDirectorA646$52.22$33.7K
May 29, 2026MACIA ALAINA GDirectorA646$52.22$33.7K
Mar 24, 2026BARTH KEVIN GExecutive Vice PresidentA137$48.09$6.6K
Mar 24, 2026KEMPER DAVID WExecutive ChairmanA150$48.09$7.2K
Mar 13, 2026DUNN TIMOTHY SDirectorBUY2,500$47.71$119.3K
Mar 10, 2026Petersen Paula SSenior Vice PresidentG250$0.00$0.00
Mar 5, 2026ROWE MARGARET MSenior Vice PresidentSELL861$51.69$44.5K
Mar 5, 2026JAKOVICH KIM LSenior Vice PresidentSELL949$51.45$48.8K
Mar 4, 2026ROWE MARGARET MSenior Vice PresidentF181$52.25$9.5K
Mar 4, 2026JAKOVICH KIM LSenior Vice PresidentF176$52.25$9.2K
Mar 3, 2026STEINER PAUL AControllerF203$51.61$10.5K
Mar 3, 2026HEISE RICHARD WSenior Vice PresidentF701$51.61$36.2K
Mar 3, 2026ROWE MARGARET MSenior Vice PresidentF301$51.61$15.5K
Mar 3, 2026JAKOVICH KIM LSenior Vice PresidentF322$51.61$16.6K
Mar 2, 2026STEINER PAUL AControllerA2,415$0.00$0.00
Feb 28, 2026FOWLER JUNE MCALLISTERDirectorA662$50.99$33.8K
Feb 28, 2026Daniel Karen LDirectorA907$50.99$46.2K
Feb 28, 2026TAYLOR CHRISTINE BDirectorA662$50.99$33.8K
Feb 28, 2026Schnuck Todd RDirectorA809$50.99$41.3K
Feb 28, 2026RASSIEUR BENJAMIN F IIIDirectorA735$50.99$37.5K
Feb 28, 2026DUNN TIMOTHY SDirectorA736$50.99$37.5K
Feb 28, 2026CHAPMAN WILLIAM KYLEDirectorA662$50.99$33.8K
Feb 28, 2026BASSHAM TERRY DDirectorA736$50.99$37.5K
Feb 28, 2026MACIA ALAINA GDirectorA662$50.99$33.8K
Feb 28, 2026BRAUER BLACKFORD FDirectorA736$50.99$37.5K
Feb 11, 2026BARTH KEVIN GExecutive Vice PresidentSELL7,457$55.09$410.8K
Feb 11, 2026Petersen Paula SSenior Vice PresidentM1,957$0.00$0.00
Feb 11, 2026Petersen Paula SSenior Vice PresidentD963$54.80$52.8K
Feb 11, 2026Petersen Paula SSenior Vice PresidentF299$54.80$16.4K
Feb 11, 2026Petersen Paula SSenior Vice PresidentM1,957$26.96$52.8K
Feb 5, 2026Kemper John WPresident and CEOSELL23,397$53.99$1.3M
Feb 4, 2026Brooks DerrickSenior Vice PresidentSELL1,044$54.40$56.8K
Feb 4, 2026Roller David L.Senior Vice PresidentSELL1,134$54.48$61.8K
Feb 3, 2026Kemper John WPresident and CEOA18,038$0.00$0.00
Feb 3, 2026KEMPER DAVID WExecutive ChairmanA4,665$0.00$0.00
Feb 3, 2026Orf David LExec. Vice President & CCOA2,643$0.00$0.00
Feb 3, 2026Handy John KExecutive Vice PresidentA7,667$0.00$0.00
Feb 3, 2026Brooks DerrickSenior Vice PresidentA1,710$0.00$0.00
Feb 3, 2026BARTH KEVIN GExecutive Vice PresidentA2,965$0.00$0.00
Feb 3, 2026ROWE MARGARET MSenior Vice PresidentA1,866$0.00$0.00
Feb 3, 2026Neff Douglas DSenior Vice PresidentA1,170$0.00$0.00
Feb 3, 2026KIM CHARLES GExec. Vice President and CFOA4,831$0.00$0.00
Feb 3, 2026Roller David L.Senior Vice PresidentA2,736$0.00$0.00

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (43% buy). Based on 14 analysts: 2 strong buy, 4 buy, 8 hold, 0 sell, 0 strong sell.

Analyst Price Targets

$58.69 mean target +7.5% upside Buy (3.00)
$53.00 Low $69.00 High
MetricValue
Current Price$54.58
Target Low$53.00
Target Mean$58.69
Target Median$57.75
Target High$69.00
# Analysts8
RecommendationBuy (3.00)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$1.04 $1.02 $1.06 -4.2% +2.1% 3↑ 1↓ $0.5B 9.1% 6
Next Q
2026-09-30
$1.04 $0.98 $1.08 3.0% +0.4% 3↑ 3↓ $0.5B 12.1% 7
Current FY
2026-12-31
$4.16 $4.09 $4.25 2.9% +2.7% 4↑ 2↓ $2.0B 10.8% 5
Next FY
2027-12-31
$4.38 $4.22 $4.53 7.5% +0.7% 5↑ 2↓ $2.0B 3.0% 8

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$1.040
7d ago$1.033+0.007
30d ago$1.018+0.022
60d ago$1.026+0.014
90d ago$1.031+0.009
5 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 13, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform Market Perform
Apr 23, 2026 TD Cowen MAINTAIN Hold Hold
Apr 23, 2026 Piper Sandler MAINTAIN Neutral Neutral
Apr 23, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform Market Perform
Apr 9, 2026 Keefe, Bruyette & Woods MAINTAIN Market Perform Market Perform
Mar 30, 2026 Wells Fargo MAINTAIN Equal-Weight Equal-Weight
Mar 2, 2026 Morgan Stanley MAINTAIN Equal-Weight Equal-Weight
Jan 26, 2026 Piper Sandler MAINTAIN Neutral Neutral
Jan 9, 2026 Piper Sandler MAINTAIN Neutral Neutral
Jan 7, 2026 TD Cowen MAINTAIN Hold Hold

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20262480043%
May 1, 20262480043%
Apr 1, 20262490040%
Mar 1, 20262490040%
Feb 1, 20262480043%
Jan 1, 20262490040%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.

May 18, 2026
dark_pool
Dark Pool: CBSH — 1.2M shares, 32,233 trades
Week starting 2026-05-18. Total ATS volume: 1,197,686 shares across 32,233 trades.
May 11, 2026
dark_pool
Dark Pool: CBSH — 1.3M shares, 34,053 trades
Week starting 2026-05-11. Total ATS volume: 1,259,769 shares across 34,053 trades.
May 4, 2026
dark_pool
Dark Pool: CBSH — 1.5M shares, 36,279 trades
Week starting 2026-05-04. Total ATS volume: 1,459,166 shares across 36,279 trades.
Apr 28, 2026
short_volume
Short Volume: CBSH — 55.1% short (0.3M / 0.5M)
Short: 290,345 | Exempt: 1,827 | TRF Vol: 526,788 | Short Ratio: 55.1% | Off-exchange volume (dark pool + OTC)
Apr 27, 2026
dark_pool
Dark Pool: CBSH — 1.4M shares, 40,706 trades
Week starting 2026-04-27. Total ATS volume: 1,406,246 shares across 40,706 trades.
Apr 21, 2026
earnings_calendar
CBSH Q1 2026 Earnings Scheduled — 2026-04-21
Apr 20, 2026
dark_pool
Dark Pool: CBSH — 1.6M shares, 37,501 trades
Week starting 2026-04-20. Total ATS volume: 1,550,807 shares across 37,501 trades.
Apr 13, 2026
dark_pool
Dark Pool: CBSH — 1.3M shares, 37,187 trades
Week starting 2026-04-13. Total ATS volume: 1,319,892 shares across 37,187 trades.
Apr 6, 2026
dark_pool
Dark Pool: CBSH — 0.9M shares, 27,142 trades
Week starting 2026-04-06. Total ATS volume: 913,128 shares across 27,142 trades.
Mar 30, 2026
dark_pool
Dark Pool: CBSH — 0.7M shares, 25,532 trades
Week starting 2026-03-30. Total ATS volume: 693,750 shares across 25,532 trades.
Mar 23, 2026
dark_pool
Dark Pool: CBSH — 0.9M shares, 29,083 trades
Week starting 2026-03-23. Total ATS volume: 860,341 shares across 29,083 trades.
Mar 19, 2026
short_interest
FTD: CBSH — 18,336 shares ($0.9M) failed to deliver
Settlement: 20260319, Price: $47.50, FTD Value: $870,960, COMMERCE BANCSHARES INC
Mar 16, 2026
dark_pool
Dark Pool: CBSH — 1.2M shares, 37,543 trades
Week starting 2026-03-16. Total ATS volume: 1,189,784 shares across 37,543 trades.
Mar 9, 2026
dark_pool
Dark Pool: CBSH — 1.4M shares, 38,048 trades
Week starting 2026-03-09. Total ATS volume: 1,358,561 shares across 38,048 trades.
Mar 2, 2026
dark_pool
Dark Pool: CBSH — 1.8M shares, 36,656 trades
Week starting 2026-03-02. Total ATS volume: 1,757,508 shares across 36,656 trades.