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.
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)
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
8-K
Commerce Bancshares, Inc. Reports Third Quarter Earnings Per Share of $.96
18 Oct 23
Latest ownership filings
4
John K Handy
30 May 24
4
DAVID W KEMPER
22 May 24
4
John W Kemper
22 May 24
4
John W Kemper
14 May 24
144
Notice of proposed sale of securities
10 May 24
13F-NT
Notice of holdings reported by another manager
3 May 24
4
JONATHAN M KEMPER
2 May 24
4
CHRISTINE B TAYLOR
2 May 24
4
Todd R Schnuck
2 May 24
4
BENJAMIN F RASSIEUR III
2 May 24
Financial summary
Quarter (USD) | Mar 24 | Sep 23 | Jun 23 | Mar 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 233.87 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 1.67 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 16.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
2.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 79 |
Opened positions | 12 |
Closed positions | 308 |
Increased positions | 44 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 155.93 bn |
Total shares | 3.15 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Boston Trust Walden | 1.09 mm | $58.44 bn |
Mutual Advisors | 446.50 k | $23.85 bn |
Umb Bank N A | 286.26 k | $15.29 bn |
Financial Counselors | 167.86 k | $8.97 bn |
New York State Teachers Retirement System | 166.38 k | $8.89 mm |
Raymond James & Associates | 120.00 k | $6.41 bn |
IFG Advisory | 100.76 k | $5.38 bn |
Mutual Of America Capital Management | 73.41 k | $3.92 bn |
Atwood & Palmer | 72.64 k | $3.88 bn |
MTM Investment Management | 59.93 k | $3.20 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 May 24 | John K Handy | Common Stock | Discretionary | Dispose I | Yes | No | 54.79 | 3,916 | 214.56 k | 0 |
20 May 24 | David W Kemper | Common Stock | Gift | Dispose G | Yes | No | 0 | 89 | 0.00 | 47,732 |
20 May 24 | Kemper John W | Common Stock | Gift | Dispose G | No | No | 0 | 89 | 0.00 | 198,298 |
10 May 24 | Kemper John W | Common Stock | Sell | Dispose S | No | No | 56.7725 | 26,581 | 1.51 mm | 198,387 |
30 Apr 24 | Terry D Bassham | Common Stock | Grant | Acquire A | No | No | 54.68 | 228 | 12.47 k | 22,022 |
News
Keefe, Bruyette & Woods Maintains Market Perform on Commerce Bancshares, Raises Price Target to $60
10 May 24
The Analyst Landscape: 4 Takes On Commerce Bancshares
17 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on Commerce Bancshares, Raises Price Target to $58
17 Apr 24
Piper Sandler Maintains Neutral on Commerce Bancshares, Raises Price Target to $54
17 Apr 24
Earnings Scheduled For April 16, 2024
16 Apr 24
Press releases
Commerce Bancshares, Inc. Announces Visa Inc.'s Acceptance of Class B-1 Common Stock and Investment Securities Repositioning
8 May 24
Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock
17 Apr 24
Commerce Bancshares, Inc. (NASDAQ: CBSH) Announced That the Company's 2024 Annual Meeting of Shareholders Will Be Held in a Virtual Meeting Format Only
16 Apr 24
Commerce Bancshares, Inc. Reports First Quarter Earnings Per Share of $.86
16 Apr 24