CBSH Commerce Bancshares, Inc. featured news, full reports, and detailed charts
Commerce Bancshares, Inc. (CBSH) Wrap Up:
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"Commerce Bancshares Inc. (CBSH:NASDAQ)
Snapshot of Commerce Bancshares Inc. (CBSH)
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OPEN
$40.24
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PREVIOUS CLOSE
$40.42
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DAY HIGH
$40.85
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DAY LOW
$40.23
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52 WEEK HIGH
01/2/09 - $44.41
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52 WEEK LOW
03/9/09 - $27.80
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MARKET CAP
3.2B
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AVERAGE VOLUME 3 mo
267.1K
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DILUTED EPS TTM
$2.11
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SHARES OUTSTANDING
78.9M
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EX-DATE
11/25/09
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P/E TTM
19.3x
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DIVIDEND
$0.96
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DIVIDEND YIELD
2.36%
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| K = Thousands M = Millions B = Billions | ||
CBSH Top Compensated Officers
Executives, Board Directors
Key developments for Commerce Bancshares Inc. (CBSH)
Commerce Bancshares Inc. declared a regular quarterly dividend of $0.24 per share on the company's common stock payable on December 15, 2009 to 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 to the 5% stock dividend which was also declared this date.
Commerce Bancshares Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended Sept. 30, 2009. For the quarter, the company reported net interest income after provision for loan losses of $128,178,000, income before income taxes of $74,879,000 and net income of $51,649,000 or $0.66 per diluted share on net interest income of $163,539,000, compared to net interest income after provision for loan losses of $121,997,000, income before income taxes of $34,293,000 and net income of $24,673,000 or $0.32 per diluted share on net interest income of $151,564,000 for the same period last year. Total interest income was $201,647,000, compared to $209,464,000 for the same period last year. Return on total average assets was 1.16%, compared to 0.60% for the same period last year. Return on total average equity was 11.49%, compared to 6.06% for the same period last year. For the nine months, the company reported net interest income after provision for loan losses of $351,304,000, income before income taxes of $171,176,000 and net income of $119,453,000 or $1.54 per diluted share on net interest income of $470,999,000, compared to net interest income after provision for loan losses of $368,883,000, income before income taxes of $213,157,000 and net income of $144,819,000 or $1.90 per diluted share on net interest income of $436,450,000 for the same period last year. Total interest income was $594,513,000, compared to $640,221,000 for the same period last year. Return on total average assets was 0.91%, compared to 1.18% for the same period last year. Return on total average equity was 9.49%, compared to 12.14% for the same period last year.
Commerce Bancshares Inc. expected to Report Fiscal Year 2009 Results on January 18, 2010. This event was calculated by Capital IQ (Created on October 14, 2009).
CBSH Competitors
| Company | Last | Change |
| BOK Financial Corp | $45.03 USD | +0.26 |
| Cullen/Frost Bankers Inc | $47.68 USD | +0.02 |
| First Horizon National Corp | $13.12 USD | +0.37 |
| New York Community Bancorp Inc | $11.27 USD | -0.21 |
| TCF Financial Corp | $12.40 USD | +0.26 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | CBSH | Industry Range |
| Price/Earnings | 19.2x |
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| Price/Sales | 3.8x |
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| Price/Book | 1.7x |
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| Price/Cash Flow | 19.7x |
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| TEV/Sales | 0.9x |
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CBSH |
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CBSH transactions
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| No transactions in the last 6 months. | ||