Commerce Bancshares, Inc. (CBSH) news stock charts
Commerce Bancshares, Inc. (CBSH) Investment Summary:
Commerce Bancshares, Inc. (the “Company”), a bank holding company as defined in the Bank Holding Company Act of 1956, as amended, was incorporated under the laws of Missouri on August 4, 1966. The Company presently owns all of the outstanding capital stock of three national banking associations, which are headquartered in Missouri (the “Missouri bank”), Kansas (the “Kansas bank”), and Nebraska (the “Nebraska bank”). The Nebraska bank is limited in its activities to the issuance of credit cards. The remaining two banking subsidiaries engage in general banking business, providing a broad range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The Company also owns, directly or through its banking subsidiaries, various non-banking subsidiaries. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f26%2f0000950137-08-002730.html#FIS_BUSINESS"www.commercebank.com
5,125 Employees
Founded in 1966
COMMERCE BANCSHARES INC (CBSH:NASDAQ)
LAST $40.17 USD
CHANGE TODAY -0.21 -0.52%
VOLUME 292.8K
As of 8:09 PM 03/11/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of COMMERCE BANCSHARES INC (CBSH)
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OPEN
$40.25
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PREVIOUS CLOSE
$40.38
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DAY HIGH
$40.34
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DAY LOW
$40.03
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52 WEEK HIGH
01/21/10 - $41.86
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52 WEEK LOW
05/28/09 - $28.31
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MARKET CAP
3.3B
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AVERAGE VOLUME 10 D
257.5K
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EPS TTM
$2.16
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SHARES OUTSTANDING
83.2M
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EX-DATE
03/8/10
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P/E TTM
18.6x
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DIVIDEND
$0.94
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DIVIDEND YIELD
2.32%
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| K = Thousands M = Millions B = Billions | ||
Key developments for COMMERCE BANCSHARES INC (CBSH)
Commerce Bancshares, Inc. Declares Quarterly Dividend, Payable on March 26, 2010
02/5/2010
Commerce Bancshares Inc. has declared a quarterly dividend of $0.235 per share on the company's common stock, which compares to the prior dividend of $0.229 as adjusted for the 5% stock dividend that was paid on December 15, 2009. This represents an increase in the quarterly dividend per share of 2.8% and marks the 42nd consecutive year that the company has increased total dividends per adjusted shares. The dividend is payable on March 26, 2010, to stockholders of record at the close of business on March 10, 2010.
Commerce Bancshares Mulls Acquisitions
02/2/2010
Commerce Bancshares, Inc. intends to look at acquisition opportunities. At Morgan Stanley U.S. Financials Conference, David Kemper, President and CEO of the company said: We've done a little different strategy the last four or five years. We bought small banks in Tulsa and Denver and we have lending presences now in Cincinnati and Nashville. The idea behind that is really we are trying to project selected commercial products into those markets and then we will look at acquisition opportunities as we expanded those markets but we are really trying to pick the better demographic communities in our part of the world. But we do have a very tight physical footprint and I think one reason that we have done so well relative to the industry is that we stayed in markets where we understand who we are doing business with.
Commerce Bancshares Inc. Presents at 2010 Morgan Stanley U.S. Financials Conference, Feb-02-2010 through Feb-03-2010
01/19/2010
Commerce Bancshares Inc. Presents at 2010 Morgan Stanley U.S. Financials Conference, Feb-02-2010 through Feb-03-2010. Venue: The New York Palace Hotel, 455 Madison Avenue, New York, New York, United States. Speakers: Charles G. Kim, Chief Financial Officer, Executive Vice President and Executive Vice President of Commerce Bank NA, David W. Kemper, Chairman, Chief Executive Officer, President, Chairman of Executive Committee, Chairman of Commerce Bank N.A. (Missouri), Chief Executive Officer of Commerce Bank and President of Commerce Bank N.A. (Missouri).
Commerce Bancshares, Inc. financial resources
CBSH Competitors
| Company | Last | Change |
| BOK Financial Corp | $46.80 USD | +0.01 |
| City National Corp/CA | $53.72 USD | +1.48 |
| Cullen/Frost Bankers Inc | $55.59 USD | +0.38 |
| First Citizens BancShares Inc/NC | $200.00 USD | 0.00 |
| TCF Financial Corp | $15.14 USD | +0.26 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | CBSH | Industry Range |
| Price/Earnings | 19.5x |
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| Price/Sales | 3.9x |
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| Price/Book | 1.8x |
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| Price/Cash Flow | 19.9x |
Not meaningful
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| TEV/Sales | 1.2x |
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CBSH |
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CBSH transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Commerce Bancshares, Inc.
COMMERCE BANCSHARES INC /MO/ Files SEC form 10-K, Annual Report
2010-03-01 05:27:08
Quote: Item 7.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF
OPERATIONS
Overview
Commerce Bancshares, Inc. (the Company) operates as a super-community bank
offering an array of sophisticated financial products delivered with
high-quality, personal customer service. It is the largest bank holding company
headquartered in Missouri, with its principal offices in Kansas City and
St. Louis, Missouri. Customers are served from approximately 370 locations in
Missouri, Kansas, ...Read article
Pilot in fatal Belleville crash was executive at Commerce Bank
2010-02-24 07:41:40
Quote: And our prayers go out to his wife, his son and daughter and grandchildren.”Commerce Bank, is a subsidiary of Commerce Bancshares Inc. (NASDAQ: CBSH), an $18.1 billion regional bank holding company based in Kansas City and St. Louis.The plane’s passenger, Robert Clarkson, 77, of Swansea, Ill., also died. He owned Industrial Steam Products Inc. in Sauget, Ill. A representative from Industrial Steam Products declined to comment Tuesday.The single-engine 1989 Piper Malibu Mirage plane c...Read article
COMMERCE BANCSHARES INC /MO/ Files SEC form 8-K, Change in Directors or Principal Officers
2010-02-12 06:05:02
Quote: COMMERCE BANCSHARES INC /MO/Request a Trial to NEW EDGAR Online Pro
Form
8-K for
COMMERCE BANCSHARES INC /MO/
11-Feb-2010Change in Directors or Principal OfficersPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
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(1-800-416-6651). All information provided "as is"
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Neither Yahoo! nor any of
independent providers is liable for any infor...Read article
Commerce Bancshares, Inc. (CBSH) Announces Presentation to Analysts and Investors in New York February 1-3, 2010
2010-02-11 07:24:15
Quote: Commerce Bancshares also has operating subsidiaries involved inmortgage banking, leasing, credit-related insurance, venture capital andreal estate activities.......Read article
Commerce Bancshares, Inc. Declares Dividend
2010-02-11 07:24:14
Quote: The dividend is payableon March 26, 2010, to stockholders of record at the close of business onMarch 10, 2010.About Commerce Bancshares, Inc.CBSHNews) is an $18.1 billion regionalbank holding company. For more than 140 years, Commerce has been meetingthe financial services needs of individuals and businesses. Commerceprovides a diversified line of financial services, including businessand personal banking, wealth management, financial planning, andinvestments through its affiliated companies. Co...Read article
Commerce Bancshares, Inc. Declares Dividend
2010-02-08 07:53:51
Quote: The dividend is payableon March 26, 2010, to stockholders of record at the close of business onMarch 10, 2010.About Commerce Bancshares, Inc.CBSHNews) is an $18.1 billion regionalbank holding company. For more than 140 years, Commerce has been meetingthe financial services needs of individuals and businesses. Commerceprovides a diversified line of financial services, including businessand personal banking, wealth management, financial planning, andinvestments through its affiliated companies. Co...Read article
[$$] Intel, IBM Lift Dow; Baidu Hits New Peak
2010-02-03 04:44:57
Quote: Wells Fargo raised its investment rating on the stock to market perform from underperform.
Commerce Bancshares reported a 13% jump in fourth-quarter earnings as the Midwest bank had sharply lower interest costs. Meanwhile, loan-loss reserves held steady from a year earlier and total loans continued to fall. The bank's shares climbed 1.26, or 3.2%, to 40.85 on the Nasdaq.
A123 Systems (Nasdaq) climbed 35 cents, or 1.8%, to 20.40 after it reached a multiyear agreement to supply batteries to upstar...Read article
Commerce Bancshares, Inc. (CBSH) Announces Presentation to Analysts and Investors in New York February 1-3, 2010
2010-01-26 04:23:43
Quote: Commerce Bancshares also has operating subsidiaries involved inmortgage banking, leasing, credit-related insurance, venture capital andreal estate activities.......Read article
Commerce Bancshares, Inc. Announces Fourth Quarter Earnings Per Share of $.60
2010-01-15 01:27:31
Quote: KANSAS CITY, Mo.--(BUSINESS WIRE)--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced earnings of$.60 per share for the quarter ended December 31, 2009 compared to $.55per share in the fourth quarter of 2008 and $.63 per share in theprevious quarter of 2009. Net income for the fourth quarteramounted to $49.6 million compared to $43.8 million in the same quarterlast year and $51.6 million in the previous quarter. For thequarter, the return on average assets totaled 1.09%, the return onaverage equ...Read article
Commerce Bancshares earnings fall for year, rise for fourth quarter
2010-01-15 01:27:29
Quote: Commerce Bancshares Inc. suffered a 10.4 percent decline in 2009 income compared with a year ago but showed strong fourth-quarter results boosted by higher fees.Kansas City-based Commerce Bancshares (Nasdaq: CBSH) is the holding company for Commerce Bank. For 2009, Commerce Bancshares announced earnings of $169.1 million, or $2.07 a share, compared with $188.7 million, or $2.36 a share, in 2008. These were unaudited results posted Thursday.Net total loan charge-offs of $138.8 million for the yea...Read article
Commerce earnings fall for year, rise for fourth quarter
2010-01-15 01:27:28
Quote: Commerce Bancshares Inc. suffered a 10 percent decline in 2009 income compared with a year ago but showed strong fourth-quarter results boosted by higher fees.The holding company for Commerce Bank reported a profit of $49.6 million for the fourth quarter, up 13 percent from $43.8 million a year ago.For 2009, the company’s profit totaled $169.1 million, down 10 percent from $188.7 million in 2008.Net total loan charge-offs of $138.8 million for the year, up 98.7 percent from last year&rsquo...Read article
UMB Financial: Best In Class
2010-01-14 04:02:05
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Lauren Tara LaCapra ,Best in Class Business
Quote: William Thornton made the Kemper name a dominant force in the Midwest, having been a big investor in Commerce Bancshares CBSH Quote)Kemper was determined to be an artist when he was younger, having dabbled in ceramics during his time at the University of Puget Sound in Tacoma, Wash. He's also an avid runner who competes in half-marathons and splits his time between Kansas City, where UMB is based, and Denver, where his wife and two children reside.When his two brothers stepped down for "personal...Read article
UMB's Kemper Proves Boring Is Better: Best In Class
2010-01-13 01:19:20
Keywords: Financial, News, Stock, Market, Headlines, Investments, Quotes, Trading, TheStreet.com, Lauren Tara LaCapra ,Best in Class Business
Quote: William Thornton made the Kemper name a dominant force in the Midwest, having been a big investor in Commerce Bancshares CBSH Quote)Kemper was determined to be an artist when he was younger, having dabbled in ceramics during his time at the University of Puget Sound in Tacoma, Wash. He's also an avid runner who competes in half-marathons and splits his time between Kansas City, where UMB is based, and Denver, where his wife and two children reside.When his two brothers stepped down for "personal...Read article
Commerce Bancshares, Inc. Announces Third Quarter Earnings Per Share of $.66
2009-11-30 09:06:25
Quote: Non-performing assets,consisting of non-accrual loans and foreclosed property, declined by$2.5 million to $129.2 million, or 1.26% of loans.â€Total assets at September 30, 2009, were $18.0 billion, total loans were$10.6 billion, and total deposits were $13.8 billion.Commerce Bancshares, Inc. is a registered bank holding company offeringa full line of banking services, including investment management andsecurities brokerage. The Company currently operates in over 370locations in Missouri, Il...Read article
Q3 2009 Commerce Bancshares, Inc. Earnings Release - Time Not Supplied
2009-11-30 09:06:25
Quote: Earnings
Announcements for
Wednesday, October 14CompanySymbolTimeConferenceCallAbbottABTBefore Market OpenAcergy S.A.ACGYTime Not SuppliedListenAIR PARTNERAIP.LBefore Market OpenAlliance FinancialALNCAfter Market CloseAptarGroupATRAfter Market CloseListenASML Holdings NVASML01:00 am ETBASFBASFY.PKTime Not SuppliedCommerce Bancshares, Inc.CBSHBefore Market OpenCONTAINER CORPN OF INDIA LTDCONCOR.BOTime Not SuppliedCROPENERGIES AG MANNHEIMCE2.F01:00 am ETCrown Holdings, Inc.CCKAfter Market CloseLis...Read article
Commerce Bancshares income outweighs loan losses
2009-11-30 09:06:22
Quote: (AP) -- Bank holding company Commerce Bancshares Inc. on Wednesday said its profit for the third quarter more than doubled as income rose more than the losses from unpaid loans.The company reported net income of $51.6 million, or 66 cents per share, compared with $24.7 million, or 32 cents per share a year earlier.Analysts surveyed by Thomson Reuters expected 51 cents per share.Shares in Commerce Bancshares rose $2.79, or 7.5 percent, to $39.92 in afternoon trading.Charge-offs -- loans written o...Read article
Commerce Bancshares third-quarter profit rises
2009-11-30 09:06:22
Quote: Commerce Bancshares Inc.’s third-quarter profit more than doubled from the same period last year, due largely to a loss in last year’s quarter on the purchase of auction-rate securities.In a Wednesday release, the Kansas City-based company (Nasdaq: CBSH) reported earnings of $51.6 million, or 66 cents a share, for the quarter that ended Sept. 30. This compares with earnings of $24.7 million, or 32 cents a share, last year.The company said it had recorded a loss of $21 million, or 27 ...Read article
Commerce doubles profit
2009-11-30 09:06:21
Quote: Commerce Bancshares Inc. more than doubled its profit in the third quarter due largely to a loss in last year’s quarter on the purchase of auction-rate securities.The bank (Nasdaq: CBSH) reported a profit of $51.6 million for the quarter ended Sept. 30, up from $24.7 million a year earlier.During the third quarter last year, Commerce recorded a loss on the purchase of auction-rate securities totaling $21 million after tax.Chairman and CEO David Kemper said the company strengthened its bala...Read article
Commerce Bancshares, Inc. Declares Stock and Quarterly Dividends
2009-11-30 09:06:19
Quote: No fractional shares will be issued andshareholders will receive cash for such fractional interests based onthe market value of the stock on the record date.The Board of Directors also declared a regular quarterly dividend of$0.24 per share on the Company's common stock payable December 15, 2009to stockholders of record at the close of business on November 30, 2009.The dividend will not be payable on any shares to be issued pursuant tothe 5% stock dividend which was also declared this date.About...Read article
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