Commerce Bancshares ve 3. čtvrtletí zvýšila tržby meziročně o 12,1 % na 494,34 mil. USD a zisk na akcii (EPS) dosáhl 1,08 USD oproti 1,06 USD ve stejném období loňského roku.
For the quarter ended September 2026, Commerce Bancshares (CBSH - Free Report) reported revenue of $494.34 million, up 12.1% over the same period last year. EPS came in at $1.08, compared to $1.06 in the year-ago quarter.
The reported revenue represents a surprise of +0.3% over the Zacks Consensus Estimate of $492.85 million. With the consensus EPS estimate being $1.07, the EPS surprise was +0.94%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin (Net yield on interest earning assets): 3.7% compared to the 3.7% average estimate based on six analysts.Efficiency Ratio: 56.7% versus 57.4% estimated by six analysts on average.Annualized net loan charge-offs to total average loans: 0.2% versus 0.2% estimated by five analysts on average.Average total interest earning assets: $33.29 billion versus the five-analyst average estimate of $33.61 billion.Book value per common share: $29.68 versus the three-analyst average estimate of $30.70.Non-accrual loans: $11.51 million versus the two-analyst average estimate of $12.25 million.Fully-taxable equivalent net interest income: $311.26 million versus $313.35 million estimated by six analysts on average.Total Non-Interest Income: $185.47 million versus $184.96 million estimated by six analysts on average.Deposit account charges and other fees: $29.65 million versus the four-analyst average estimate of $29.5 million.Net Interest Income: $308.88 million versus the four-analyst average estimate of $310.77 million.Trust fees: $73.42 million versus the four-analyst average estimate of $73.2 million.Bank card transaction fees: $49.18 million versus $47.38 million estimated by four analysts on average.View all Key Company Metrics for Commerce here>>>
Shares of Commerce have returned -2.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Očekává se, že Commerce Bancshares za čtvrtletí končící v září 2026 vykáže zisk na akcii ve výši 1,07 USD a výnosy 492,85 milionu USD, což představuje meziroční nárůst o 0,9 %, respektive 11,8 %.
Wall Street expects a year-over-year increase in earnings on higher revenues when Commerce Bancshares (CBSH - Free Report) reports results for the quarter ended September 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 20. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis bank holding company is expected to post quarterly earnings of $1.07 per share in its upcoming report, which represents a year-over-year change of +0.9%.
Revenues are expected to be $492.85 million, up 11.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.22% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Commerce?For Commerce, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +1.31%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Commerce will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Commerce would post earnings of $1.04 per share when it actually produced earnings of $1.10, delivering a surprise of +5.77%.
Over the last four quarters, the company has beaten consensus EPS estimates three times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Commerce appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAmong the stocks in the Zacks Banks - Midwest industry, Commerce Bancshares (CBSH - Free Report) , is soon expected to post earnings of $1.07 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +0.9%. This quarter's revenue is expected to be $492.85 million, up 11.8% from the year-ago quarter.
The consensus EPS estimate for Commerce has been revised 0.2% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +1.31%.
This Earnings ESP, combined with its Zacks Rank #3 (Hold), suggests that Commerce will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Commerce Bancshares dokončila akvizici společnosti Nolan & Associates, čímž rozšířila své poradenství v oblasti fúzí a akvizic, získávání kapitálu a nástupnictví. Transakce má podpořit neúrokové výnosy z poplatků.
Key Takeaways Commerce Bancshares gains M&A, capital-raising and ownership-transition advisory capabilities.Nolan & Associates adds advisory and transaction fees that could lift non-interest income.CBSH can cross-sell advisory, lending, treasury and wealth services across middle-market clients. Commerce Bancshares (CBSH - Free Report) has completed the acquisition of Nolan & Associates, adding investment banking (IB) capabilities to its middle-market franchise. Announced in June 2026, the transaction brings expertise in M&A, capital raising and ownership-transition advisory. Nolan & Associates will retain its leadership, employees and St. Louis-area office, providing continuity while giving CBSH an established platform to expand its advisory offering.
Strategically, the acquisition extends CBSH’s relationship with middle-market clients beyond conventional banking products. Nolan & Associates’ ties with business owners, corporations and private equity firms should enable CBSH to participate in transactions ranging from acquisitions and divestitures to capital raising and succession planning. This broadens CBSH’s addressable revenue opportunity while creating scope to connect advisory clients with lending, treasury and other banking services.
The more important financial benefit could come through non-interest income. Nolan & Associates generates revenues primarily from advisory and transaction fees, meaning CBSH can earn incremental revenues without deploying significant amounts of capital onto its balance sheet. Commerce Bancshares can introduce existing commercial clients to Nolan & Associates’ advisory services, while transaction clients may subsequently require banking or wealth-management solutions. Such referrals could lift fee revenues per relationship and improve the overall economics of CBSH’s client base. However, IB revenues remain sensitive to M&A volumes, financing conditions and broader capital-market activity.
The transaction also complements CBSH’s wider diversification strategy. Earlier in 2026, the company completed the acquisition of FineMark Holdings, expanding its private banking and wealth management footprint.
Overall, Nolan & Associates strengthens CBSH’s ability to generate revenues from advisory-driven activities, alongside its core banking operations. The acquisition is unlikely to transform the company’s earnings profile on its own, but it expands the breadth of its middle-market offering and provides another channel for fee growth without requiring proportionate balance-sheet expansion.
CBSH’s Peers Building Middle-Market Advisory CapabilitiesCommerce Bancshares’ strategy mirrors a broader shift among regional banks toward higher-fee advisory and capital-markets businesses. By expanding beyond lending, banks can capture a larger share of corporate clients’ financial activity while creating revenue streams that are less directly tied to net interest margins.
Huntington Bancshares Incorporated (HBAN - Free Report) has taken a similar approach to expanding its middle-market advisory franchise. In 2026, Huntington Securities and Capstone Partners acquired three businesses from Janney Montgomery Scott, including TM Capital. The transaction strengthened Huntington’s M&A and private-equity capabilities, giving it greater scope to pair established commercial banking relationships with advisory mandates and transaction-related fees.
Regions Financial Corporation (RF - Free Report) also maintains a sizable advisory presence through BlackArch Partners and Clearsight Advisors. These platforms extend Regions’ capabilities in M&A and strategic advisory, including exposure to middle-market and technology-oriented clients.
CBSH’s Price Performance & Zacks RankOver the past six months, CBSH shares have gained 10.3% compared with the industry’s 5.7% growth.
Image Source: Zacks Investment Research
Currently, Commerce Bancshares carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Commerce Bancshares zvýšila povolený odkup akcií na 7,5 milionu kusů a dál vyplácí dividendy. Silná likvidita a zisk jí umožňují současně financovat růst i návrat kapitálu akcionářům.
Key Takeaways Commerce Bancshares has ample liquidity and capital to support shareholder returns and growth investments.CBSH raised its buyback authorization to 7.5M shares while maintaining dividends.FineMark added loans, deposits and wealth assets as CBSH continued investing in franchise expansion. Commerce Bancshares’ (CBSH - Free Report) healthy earnings, solid capital position and liquidity provide meaningful flexibility to balance shareholder returns with investments aimed at expanding its franchise. As of June 30, 2026, the company had $2.91 billion in cash and due from banks and interest-earning deposits with banks. Meanwhile, federal funds purchased, repurchase agreements and other borrowings totaled $2.45 billion.
Combined with its solid regulatory capital ratios and investment-grade credit profile, the balance-sheet position gives CBSH flexibility to meet funding requirements while continuing to deploy capital strategically.
Commerce Bancshares has increasingly used this flexibility to return excess capital to shareholders. In April 2026, the company increased its share repurchase authorization by 2.5 million shares to 7.5 million shares. As of June-end, 5.43 million shares remained available for repurchase under the program.
The company also continues to pay out regular cash dividends and has maintained a 5% annual stock dividend for more than 25 years. While the stock dividend does not represent a cash distribution in the same way as dividends or repurchases, the company’s long record of shareholder-friendly actions underscores its commitment to capital returns.
Strong Earnings Support CBSH’s Capital FlexibilityCommerce Bancshares’ second-quarter 2026 net income increased to $159.8 million from $152.5 million in the year-ago period. For the first six months of 2026, net income rose to $301.4 million from $284.1 million a year earlier.
At the same time, shareholders’ equity increased to $4.36 billion as of June 30, 2026, from $3.79 billion at the end of 2025. Stronger earnings generation, together with the enlarged equity base, provides CBSH with additional capacity to absorb shareholder distributions while maintaining adequate capital for growth.
FineMark Expansion Keeps Growth Spending ElevatedCommerce Bancshares completed the acquisition of FineMark Holdings on Jan. 1, 2026. The transaction added $2.7 billion in loans, $3.1 billion in deposits and $8.7 billion in assets under administration.
FineMark also expanded Commerce Bancshares’ geographic presence into Florida, Arizona and South Carolina while strengthening its private banking, wealth management and trust capabilities. Beyond the immediate increase in assets and deposits, the acquisition provides CBSH with opportunities to deepen relationships with high-net-worth clients, broaden fee-based revenue sources and expand its wealth-management franchise.
However, integrating FineMark also requires continued spending. Systems integration is expected to continue through the second half of 2026, while CBSH is simultaneously investing in technology and broader franchise-development initiatives. These expenditures suggest that management is not simply directing excess capital toward shareholder distributions but is also allocating resources toward initiatives that can support longer-term revenue growth.
Thus, CBSH’s capital-return program has so far remained compatible with continued growth investment. Healthy earnings, liquidity and capital levels give the company flexibility to maintain dividends and selectively repurchase shares while funding organic expansion, technology initiatives and FineMark integration.
How Are CBSH’s Peers Distributing Capital?A similar capital-allocation strategy is visible at regional banking peers UMB Financial (UMBF - Free Report) and Cullen/Frost Bankers (CFR - Free Report) , where shareholder distributions are occurring alongside continued balance-sheet investment.
On April 28, 2026, UMB Financial’s board approved a share-repurchase program covering up to 2 million shares. In the second quarter, the company repurchased approximately $5 million worth of shares. At the same time, UMB Financial continued expanding its balance sheet. Loans at the end of June 2026 increased 6.1% from the end of 2025, while second-quarter net income available to common shareholders rose to $271.8 million.
The combination of loan growth, rising earnings and capital distributions illustrates how healthy internal capital generation can allow regional banks to pursue growth while returning a portion of excess capital to shareholders.
Cullen/Frost has taken a similar approach. The company authorized a $300-million share-repurchase program in January 2026 and repurchased $160 million worth of stock during the first half of the year. CFR also has a long history of increasing its cash dividend, with 2026 marking its 33rd consecutive annual dividend increase based on its planned quarterly payments.
Concurrent Investment Advisors LLC ve 2. čtvrtletí snížila svůj podíl ve společnosti Commerce Bancshares o 66,6 % a prodala 30 329 akcií. Po prodeji držela 15 234 akcií v hodnotě 880 000 USD.
Concurrent Investment Advisors LLC lessened its stake in Commerce Bancshares, Inc. (NASDAQ:CBSH – Free Report) by 66.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,234 shares of the financial services provider’s stock after selling 30,329 shares during the period. Concurrent Investment Advisors LLC’s holdings in Commerce Bancshares were worth $880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also modified their holdings of the company. Geneos Wealth Management Inc. boosted its stake in Commerce Bancshares by 85.4% in the first quarter. Geneos Wealth Management Inc. now owns 469 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 216 shares in the last quarter. Invesco Ltd. increased its position in shares of Commerce Bancshares by 2.0% during the second quarter. Invesco Ltd. now owns 865,052 shares of the financial services provider’s stock worth $53,780,000 after purchasing an additional 16,610 shares in the last quarter. Cresset Asset Management LLC increased its position in shares of Commerce Bancshares by 3.0% during the second quarter. Cresset Asset Management LLC now owns 10,151 shares of the financial services provider’s stock worth $631,000 after purchasing an additional 300 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Commerce Bancshares during the 2nd quarter valued at $376,000. Finally, California Public Employees Retirement System lifted its holdings in shares of Commerce Bancshares by 4.8% during the 2nd quarter. California Public Employees Retirement System now owns 208,148 shares of the financial services provider’s stock valued at $12,941,000 after purchasing an additional 9,483 shares during the last quarter. 70.26% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth Several research analysts recently weighed in on the company. Piper Sandler restated a “neutral” rating and set a $66.00 target price (up from $59.00) on shares of Commerce Bancshares in a research note on Friday, July 17th. Wells Fargo & Company set a $63.00 price target on shares of Commerce Bancshares and gave the stock an “equal weight” rating in a research report on Monday, August 10th. Keefe, Bruyette & Woods lifted their price objective on Commerce Bancshares from $60.00 to $62.00 and gave the company a “market perform” rating in a research note on Monday, July 20th. Wall Street Zen raised Commerce Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, July 28th. Finally, TD Cowen restated a “hold” rating and issued a $63.00 target price (up from $62.00) on shares of Commerce Bancshares in a research note on Friday, July 17th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Commerce Bancshares currently has an average rating of “Hold” and an average target price of $64.86.
Read Our Latest Stock Report on Commerce Bancshares Insider Buying and Selling In other Commerce Bancshares news, SVP Douglas Neff sold 666 shares of the business’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $58.15, for a total transaction of $38,727.90. Following the sale, the senior vice president directly owned 11,746 shares in the company, valued at $683,029.90. This represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John Kemper sold 5,830 shares of the stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $60.58, for a total transaction of $353,181.40. Following the sale, the chief executive officer directly owned 206,528 shares in the company, valued at $12,511,466.24. This represents a 2.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 33,150 shares of company stock worth $1,974,783 over the last 90 days. 1.80% of the stock is owned by insiders.
Commerce Bancshares Stock Down 0.1% Shares of CBSH opened at $58.25 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.01. Commerce Bancshares, Inc. has a 12 month low of $46.99 and a 12 month high of $60.92. The stock’s 50 day moving average is $58.79 and its two-hundred day moving average is $54.27. The firm has a market cap of $8.35 billion, a P/E ratio of 14.10, a PEG ratio of 2.08 and a beta of 0.58.
Commerce Bancshares (NASDAQ:CBSH – Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The financial services provider reported $1.10 earnings per share for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. The firm had revenue of $498.91 million for the quarter, compared to analyst estimates of $492.22 million. Commerce Bancshares had a net margin of 26.07% and a return on equity of 14.31%. During the same period in the previous year, the business posted $1.14 earnings per share. Analysts predict that Commerce Bancshares, Inc. will post 4.25 earnings per share for the current fiscal year.
Commerce Bancshares Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 22nd. Investors of record on Friday, September 4th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, September 4th. Commerce Bancshares’s dividend payout ratio (DPR) is 26.63%.
Commerce Bancshares Profile (Free Report)
Commerce Bancshares, Inc is a financial services holding company headquartered in Kansas City, Missouri. Through its principal subsidiary, Commerce Bank, the company provides banking and financial services to individuals, businesses, institutions and government entities.
Commerce Bank offers deposit accounts, consumer and commercial lending, treasury and payment services, wealth management, trust services, investment banking and brokerage services. Its commercial banking activities include financing, cash-management solutions and other services designed for businesses and institutional clients.
Founded in 1865, Commerce Bancshares primarily serves customers through a regional network centered in Missouri and extending into Kansas, Illinois, Oklahoma and Colorado.
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Commerce Bancshares (CBSH - Free Report) came out with quarterly earnings of $1.1 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.14 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +5.77%. A quarter ago, it was expected that this bank holding company would post earnings of $0.94 per share when it actually produced earnings of $0.96, delivering a surprise of +2.13%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Commerce, which belongs to the Zacks Banks - Midwest industry, posted revenues of $498.91 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 2.24%. This compares to year-ago revenues of $445.76 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Commerce shares have added about 11.1% since the beginning of the year versus the S&P 500's gain of 10.6%.
What's Next for Commerce?While Commerce has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Commerce was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.06 on $492.59 million in revenues for the coming quarter and $4.15 on $1.96 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks - Midwest is currently in the top 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, First Western (MYFW - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on July 23.
This company is expected to post quarterly earnings of $0.56 per share in its upcoming report, which represents a year-over-year change of +115.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
First Western's revenues are expected to be $28.4 million, up 17.4% from the year-ago quarter.
Commerce Bancshares zveřejní výsledky za 2. čtvrtletí před otevřením trhu 16. července. Odhad zisku je 1,05 USD na akcii při tržbách 493,46 milionu USD.
Commerce Bancshares, Inc. (NASDAQ:CBSH) will release its second quarter earnings report before the opening bell on Thursday, July 16.
Analysts expect the Kansas City, Missouri-based company to report quarterly earnings of $1.05 per share, down from $1.09 per share in the year-ago period. The consensus estimate for Commerce Bancshares’ quarterly revenue is $493.46 million. It reported $448.48 million last year, according to Benzinga Pro.
On June 29, Commerce Bank reached an agreement to acquire Nolan & Associates.
Commerce Bancshares shares rose 1.2% to close at $58.27 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Considering buying CBSH stock? Here’s what analysts think:
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Commerce Bank, hlavní dceřiná společnost Commerce Bancshares (CBSH), se dohodla na koupi Nolan & Associates a rozšíří tak své investičně bankovní a poradenské kapacity pro střední trh. Transakce má posílit služby v oblasti růstu, emisí kapitálu a nástupnictví vlastníků.
Key Takeaways CBSH agreed to acquire Nolan & Associates, adding middle-market investment banking capabilities.Nolan & Associates will expand CBSH's support for growth, capital raises and ownership succession.CBSH aims to link commercial banking, capital markets, transaction advisory and wealth services. Commerce Bank, the primary subsidiary of Commerce Bancshares, Inc. (CBSH - Free Report) , has agreed to acquire Nolan & Associates, a St. Louis-based boutique investment banking (IB) firm. Terms of the transaction were not disclosed, and the deal remains subject to regulatory approval and customary closing conditions.
Moreover, as part of the deal, CBSH will acquire Middle-Market Transactions, Inc., a FINRA-regulated entity through which Nolan & Associates offers advisory services.
Nolan & Associates provides sell-side, buy-side and capital raise advisory services to middle-market clients. Upon completion, it will operate as a wholly owned subsidiary of Commerce Bank. The firm serves business owners, private equity firms and corporations across several sectors. CBSH intends to retain Nolan & Associates’ employees and office, supporting continuity for clients and employees.
Nolan Deal to Expand CBSH’s Cross-Sell OpportunityThe acquisition broadens CBSH’s ability to serve business owners at key transition points, including growth, acquisitions, capital raises and ownership succession. By adding Nolan & Associates’ IB expertise, Commerce Bancshares aims to provide a more connected client experience that links commercial banking, capital markets, transaction advisory and wealth management services.
The move fits Commerce Bancshares’ recent push to diversify fee income and expand higher-value advisory capabilities. In January, the company completed its acquisition of FineMark Holdings, strengthening its private banking and wealth management presence in Florida while adding offices in Arizona and South Carolina.
Our Take on Commerce BancsharesThe Nolan & Associates acquisition gives CBSH a stronger foothold in middle-market IB business and complements its expanding wealth and commercial banking platforms. While elevated expenses, integration costs and credit-quality risks remain near-term headwinds, the deal supports the company's strategy of building a more diversified, relationship-driven revenue base with deeper advisory capabilities for business owners.
The company has also been repositioning its balance sheet. In May, Commerce Bancshares announced a $99 million gain on the sale of Visa shares and approved the sale of lower-yielding securities, with plans to reinvest most of the proceeds into higher-yielding investment securities. This is expected to support net interest income over time.
Over the past six months, Commerce Bancshares shares have gained 11%, outperforming the industry’s 7.3% growth.
Image Source: Zacks Investment Research
Currently, CBSH carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Similar Steps by Other BanksEarlier this month, Barclays (BCS - Free Report) strengthened its presence in youth banking by agreeing to acquire GoHenry’s U.K. business from Acorns. The deal supports the company’s strategy of building stronger relationships with families and higher-income households.
Expected to be completed in the fourth quarter of 2026, pending regulatory approval, the acquisition will bring one of the U.K.’s leading financial apps for children and teenagers under the Barclays umbrella.
Likewise, U.S. Bancorp (USB - Free Report) acquired BTIG, LLC to strengthen its capital markets platform by adding institutional equity sales and trading, equity capital markets, equity electronic trading, and merger and acquisition advisory capabilities.
The acquisition aligns with U.S. Bancorp’s broader strategy to diversify fee-based revenue streams. BTIG’s expertise in institutional trading, equity capital markets and advisory services is expected to strengthen USB’s ability to serve corporate and institutional clients through a more comprehensive suite of products and solutions.
