$0.88 EPS Expected for Commerce Bancshares, Inc. (CBSH) as of July, 12

June 27, 2018 - By Heather Owens

Commerce Bancshares, Inc. (NASDAQ:CBSH) Corporate Logo
During Q1 2018 the big money sentiment decreased to 1.07. That’s change of 1.64, from 2017Q4’s 2.71. 16 investors sold all, 91 reduced holdings as Commerce Bancshares, Inc. ratio dived. 81 increased positions while 34 funds took positions. Funds hold 67.86 million shares thus 3.53% more from 2017Q4’s 65.55 million shares.
Smithfield Tru holds 60 shs or 0% of its capital. Third Avenue Management Ltd Liability owns 108,051 shs or 0.33% of their US capital. Crawford Invest Counsel owns 0.02% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 11,905 shs. Price T Rowe Assoc Incorporated Md has invested 0% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Lpl Ltd Liability Company owns 9,377 shs or 0% of their US capital. Oregon Pub Employees Retirement Fund accumulated 35,490 shs or 0.03% of the stock. Johnson Financial Group Inc holds 0% of its capital in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 208 shs. State Street Corp holds 0.03% of its capital in Commerce Bancshares, Inc. (NASDAQ:CBSH) for 6.80 million shs. Eaton Vance Management holds 43,604 shs or 0.01% of its capital. Earnest Prns Ltd Llc reported 89 shs. Advantus Cap stated it has 0.02% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Massmutual Com Fsb Adv, Connecticut-based fund reported 1,000 shs. Fincl Advisory Serv reported 8,858 shs stake. Sg Americas Lc reported 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). Champlain Partners Limited has invested 0.77% in Commerce Bancshares, Inc. (NASDAQ:CBSH).

Commerce Bancshares, Inc. had 29 sales and 0 insider purchases since January 29, 2018. This’s net activity of $23.34 million. The insider PETRIE MICHAEL J sold $36,374. $530,659 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KEMPER DAVID W. On Monday, January 29 Callahan Daniel D. sold $174,034 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) or 2,972 shs. Handy John K sold $466,210 worth of stock. Kellerhals Patricia R had sold 798 shs worth $48,650. $405,282 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by KIM CHARLES G on Monday, January 29.

Commerce Bancshares, Inc. (NASDAQ:CBSH)’s earnings release is expected by WallStreet on July, 12, according to RTT. The earnings per share diference is $0.17 or 23.94 % up from last years number. Previous year: $0.71; Analysts forcast: $0.88. If the current earnings per share of $0.88 is accurate, CBSH’s profit could hit $93.80 million. Wall Street sees -4.35 % negative EPS growth as of July, 12. CBSH is touching $65.95 during the last trading session, after increased 0.47%.Commerce Bancshares, Inc. has volume of 404,988 shares. Since June 27, 2017 CBSH has risen 25.07% and is uptrending. CBSH outperformed the S&P500 by 12.50%.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Ratings Coverage

In total 11 analysts cover Commerce Bancshares Inc (NASDAQ:CBSH). “Buy” rating has 0, “Sell” are 2, while 9 are “Hold”. 0 are bullish. 16 are the (NASDAQ:CBSH)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. On Tuesday, May 15 the rating was downgraded by Bank of America to “Sell”. On Wednesday, April 11 the rating was maintained by Barclays Capital with “Equal-Weight”. On Thursday, January 18 Piper Jaffray maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) with “Hold” rating. On Tuesday, February 27 Wood upgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) to “Market Perform” rating. In Monday, February 26 report Keefe Bruyette & Woods upgraded the stock to “Hold” rating. On Wednesday, April 18 the rating was maintained by Jefferies with “Hold”. On Tuesday, April 17 the rating was maintained by Stephens with “Hold”. The company rating was maintained by Piper Jaffray on Sunday, April 15. On Tuesday, April 10 the company was upgraded by Raymond James. On Tuesday, January 2 the firm has “Hold” rating given by Barclays Capital.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses.The firm is valued at $7.03 billion. It operates through three divisions: Consumer, Commercial, and Wealth.20.81 is the P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

More recent Commerce Bancshares, Inc. (NASDAQ:CBSH) news were announced by Businesswire.com, Bizjournals.com and Streetinsider.com. The first one has “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018” as a title and was announced on June 08, 2018. The next is “As another Kemper steps down, Commerce Bank shuffles its leadership” on June 04, 2018. And last was announced on June 05, 2018, called “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners”.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Investors Chart

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