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Commerce Bancshares Inc (CBSH) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Commerce Bancshares Inc (CBSH) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Commerce Bancshares Inc is engaged in banking business, providing a range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses. Commerce Bancshares Inc has a market cap of $7.05 billion; its shares were traded at around $63.28 with a P/E ratio of 16.75 and P/S ratio of 5.45. The dividend yield of Commerce Bancshares Inc stocks is 1.41%.


For the last quarter Commerce Bancshares Inc reported a revenue of $337.7 million, compared with the revenue of $307.1 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, an increase of 9.2% from last year. For the last five years Commerce Bancshares Inc had an average revenue growth rate of 4.9% a year.

The reported diluted earnings per share was $3.78 for the year, an increase of 37.4% from previous year. Over the last five years Commerce Bancshares Inc had an EPS growth rate of 11.1% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Commerce Bancshares Inc has the cash and cash equivalents of $1.2 billion, compared with $469.1 million in the previous year. The long term debt was $8.70 million, compared with $1.76 million in the previous year. Commerce Bancshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $63.28, Commerce Bancshares Inc is traded at 43.9% premium to its historical median P/S valuation band of $43.99. The P/S ratio of the stock is 5.45, while the historical median P/S ratio is 3.79. The stock gained 15.60% during the past 12 months.

Directors and Officers Recent Trades:

  • Director David W Kemper sold 7,681 shares of CBSH stock on 02/15/2019 at the average price of $61.62. The price of the stock has increased by 2.69% since.
  • Exec. Vice President & CCO Daniel D. Callahan sold 1,156 shares of CBSH stock on 02/12/2019 at the average price of $61.03. The price of the stock has increased by 3.69% since.
  • Executive Vice President Kevin G Barth sold 6,001 shares of CBSH stock on 02/12/2019 at the average price of $61.05. The price of the stock has increased by 3.65% since.
  • Director David W Kemper sold 27,728 shares of CBSH stock on 02/04/2019 at the average price of $60.12. The price of the stock has increased by 5.26% since.
  • Director David W Kemper sold 20,000 shares of CBSH stock on 02/01/2019 at the average price of $59.81. The price of the stock has increased by 5.8% since.

For the complete 20-year historical financial data of CBSH, click here.

This article first appeared on GuruFocus.