|Bid||58.14 x 1200|
|Ask||58.19 x 800|
|Day's Range||57.83 - 59.00|
|52 Week Range||53.40 - 69.10|
|Beta (3Y Monthly)||0.84|
|PE Ratio (TTM)||15.52|
|Earnings Date||Jul 16, 2019|
|Forward Dividend & Yield||1.04 (1.75%)|
|1y Target Est||57.88|
Commerce (CBSH) delivered earnings and revenue surprises of 2.13% and 0.70%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Commerce Bancshares, Inc. announced earnings of $.96 per common share for the three months ended June 30, 2019, compared to $.96 per share in the same quarter last year and $.85 per share in the prior quarter.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
Commerce (CBSH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of regional bank traded broadly lower Monday, led by the stocks downgraded at Raymond James, on concerns over the effect of lower interest rates and reduced loan growth projections. The SPDR S&P Regional Banking ETF slumped 1.0%, with 118 of 124 components losing ground. The biggest decliner was SVB Financial Group's stock , which fell 3.1% after Raymond James' Michael Rose cut his rating by two notches to market perform from strong buy. Among other stocks downgraded by Rose, Commerce Banchshares Inc. fell 2.4% after it was cut to underperform from market perform; East West Bancorp Inc. shed 2.1% after being downgraded to to underperform from market perform; and PacWest Bancorp. lost 1.8% after being downgraded two notches to market perform from strong buy. Rose said with the probability of at least one interest rate cut by the Federal Reserve currently at 100%, and with the yield curve inverting further, he cut his earnings and net interest margin estimates. He said recent Fed data also shows loan growth has decelerated from recent quarters. Meanwhile, Signature Bank's stock eased 0.1% after Rose upgraded it to strong buy from outperform. The regional bank ETF has lost 0.7% over the past three months while the S&P 500 has gained 2.7%.
We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of Commerce Bancshares, Inc. (NASDAQ:CBSH). Is Commerce […]
With the Fed opening the door for interest rate cut soon, banks will be at a disadvantageous position amid already challenging operating backdrop.
A look at the shareholders of Commerce Bancshares, Inc. (NASDAQ:CBSH) can tell us which group is most powerful. Large...
Commerce Bancshares Inc NASDAQ/NGS:CBSHView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | NeutralShort interest is moderate for CBSH with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $707 million over the last one-month into ETFs that hold CBSH are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Commerce Bancshares, Inc. announced today that Chief Financial Officer Charles G. Kim, Senior Vice President of Commerce Bank and Manager of Corporate Development and Investor Relations Matt Burkemper, exiting Controller and Chief Accounting Officer Jeffery D.
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Commerce (CBSH) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Commerce Bank has promoted Paul Steiner to Corporate Controller and Chief Accounting Officer of Commerce Bancshares effective immediately.
Forbes recently published their 2019 America’s Best Midsize Employers List, ranking Commerce Bank in the top one-third among a selection of 500 employers across the country. This marks the third consecutive year Commerce has been named to the list. Commerce took the 13th highest ranking among the other banking and financial services companies on the list and ranked seventh among employers headquartered in Missouri.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Though elevated expenses and lower non-interest income affect BancorpSouth's (BXS) first-quarter 2019 performance, higher net interest income and lower provisions remain tailwinds.
Commerce Bancshares, Inc. announced today that its Board of Directors declared a quarterly dividend of $0.26 per share on the Company's common stock, payable on June 24, 2019 to stockholders of record at the close of business on June 7, 2019.
Though loan growth and lower expenses support First Horizon's (FHN) first-quarter 2019 performance, a weaker top line and higher provisions remain headwinds.