commerce bank, a missouri-based company, operates as a super-community bank offering an array of sophisticated financial products delivered with high-quality, personal customer service including: • lending; • payment systems and processing; • trust and brokerage services; • capital markets; • full-feature online banking; • a central contact center; and • an expansive atm network. commerce serves its customers in more than 200 branches in missouri, kansas, illinois, oklahoma and colorado, as well as commercial offices in cincinnati, nashville, and dallas. we believe in conducting business with the highest standards of governance and ethics. we provide products and services that meet the rising expectations of our customers; attract and retain quality employees; support our communities; and work to lessen our environmental impact. we have headquarters in kansas city and st. louis with a fifth-generation of family management and empowered local managers in our community banks.
![Commerce Bancshares logo](/files/LOGO/22356-CBSH.png)
Company profile
Ticker
CBSH
Exchange
Website
CEO
John W. Kemper
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CBI-Kansas, Inc. • Commerce Brokerage Services, Inc. • Clayton Holdings, LLC • Clayton Financial Corp. • Clayton Realty Corp. • Illinois Financial, LLC • Illinois Realty, LLC • Commerce Insurance Services, Inc. • Commerce Investment Advisors, Inc. • CBI Equipment Finance, Inc. ...
IRS number
430889454
CBSH stock data
Latest filings (excl ownership)
8-K
Commerce Bancshares, Inc. Reports Second Quarter Earnings Per Share of $1.07
18 Jul 24
10-Q
2024 Q1
Quarterly report
8 May 24
8-K
Submission of Matters to a Vote of Security Holders
18 Apr 24
8-K
Commerce Bancshares, Inc. Reports First Quarter Earnings Per Share of $.86
16 Apr 24
ARS
2023 FY
Annual report to shareholders
8 Mar 24
DEFA14A
Additional proxy soliciting materials
8 Mar 24
DEF 14A
Definitive proxy
8 Mar 24
8-K
Departure of Directors or Certain Officers
6 Feb 24
8-K
Commerce Bancshares, Inc. Reports Fourth Quarter Earnings Per Share of $.84
18 Jan 24
10-Q
2023 Q3
Quarterly report
6 Nov 23
Latest ownership filings
144
Notice of proposed sale of securities
25 Jul 24
144
Notice of proposed sale of securities
25 Jul 24
4
David L. Roller
24 Jul 24
4
DAVID W KEMPER
24 Jul 24
4
Douglas D Neff
24 Jul 24
4
Patricia R Kellerhals
24 Jul 24
4
JONATHAN M KEMPER
24 Jul 24
144
Notice of proposed sale of securities
23 Jul 24
144
Notice of proposed sale of securities
23 Jul 24
144
Notice of proposed sale of securities
22 Jul 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn | 1.90 bn |
Cash burn (monthly) | 102.60 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 396.75 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.50 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 14.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
67.6% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 362 |
Opened positions | 298 |
Closed positions | 15 |
Increased positions | 17 |
Reduced positions | 23 |
13F shares | Current |
---|---|
Total value | 4.30 tn |
Total shares | 87.62 mm |
Total puts | 1.64 k |
Total calls | 29.67 k |
Total put/call ratio | 0.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 12.63 mm | $672.00 bn |
BLK Blackrock | 10.97 mm | $583.56 bn |
Aristotle Capital Management | 8.71 mm | $463.63 bn |
Commerce Bank | 7.15 mm | $380.25 bn |
STT State Street | 6.52 mm | $346.66 bn |
Lazard Asset Management | 4.29 mm | $228.16 mm |
American Century Companies | 3.27 mm | $173.90 bn |
MS Morgan Stanley | 2.62 mm | $139.25 bn |
WFC Wells Fargo & Co. | 2.43 mm | $129.04 bn |
Geode Capital Management | 2.19 mm | $116.53 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jul 24 | David L. Roller | Common Stock | Sell | Dispose S | No | No | 64.304 | 861 | 55.37 k | 30,949 |
23 Jul 24 | David L. Roller | Common Stock | Sale back to company | Dispose D | No | No | 64.31 | 1,061 | 68.23 k | 31,810 |
23 Jul 24 | David L. Roller | Common Stock | Payment of exercise | Dispose F | No | No | 64.31 | 372 | 23.92 k | 32,871 |
23 Jul 24 | David L. Roller | Common Stock | Option exercise | Acquire M | No | No | 29.72 | 2,294 | 68.18 k | 33,243 |
23 Jul 24 | David L. Roller | Stock Appreciation Rights Common Stock | Option exercise | Dispose M | No | No | 29.72 | 2,294 | 68.18 k | 0 |
22 Jul 24 | Kemper Jonathan M | Common Stock | Sell | Dispose S | No | No | 63.6571 | 19,626 | 1.25 mm | 997,112 |
22 Jul 24 | Patricia R Kellerhals | Common Stock | Sell | Dispose S | No | No | 63.793 | 110 | 7.02 k | 26,881 |
22 Jul 24 | Patricia R Kellerhals | Common Stock | Sale back to company | Dispose D | No | No | 63.75 | 457 | 29.13 k | 26,991 |
22 Jul 24 | Patricia R Kellerhals | Common Stock | Payment of exercise | Dispose F | No | No | 63.75 | 45 | 2.87 k | 27,448 |
22 Jul 24 | Patricia R Kellerhals | Common Stock | Option exercise | Acquire M | No | No | 47.5287 | 612 | 29.09 k | 27,493 |
News
Unveiling 4 Analyst Insights On Commerce Bancshares
22 Jul 24
Morgan Stanley Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $58
22 Jul 24
Wells Fargo Maintains Equal-Weight on Commerce Bancshares, Raises Price Target to $62
22 Jul 24
Commerce Bancshares Up on Q2 Earnings Beat, Revenue Growth
19 Jul 24
Commerce Bancshares Q2 EPS $1.07 Beats $0.95 Estimate, Sales $414.49M Beat $406.86M Estimate
18 Jul 24