The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

CBSH

Concerning the House

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Retail Banking, Commercial, and Wealth. The Retail Banking segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; retail branch network; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

United States · www.commercebank.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Net income$477.06M+7.2%
Cash from ops$645.14M-0.3%
Quotation

$60.00

+0.29 (+0.5%)

52w hi$60.33
52w lo$47.24
Vol667.22K
As ofAug 13
The Verdict

Hold

Our score +0.41

Short+0.32
Medium+0.49
Long+0.45

computed 2026-08-13

By the Numbers

Commerce Bancshares, Inc.

Financial Services · Banks - Regional

Market cap$8.61B
Enterprise value$6.90B
Trailing P/E14.71x
Forward P/E13.10x
EV / EBITDA
P / S (ttm)4.67x
Profit margin31.6%
Return on equity14.7%
Revenue growth+14.2%
Earnings growth+1.2%
Debt / equity
Risk Metrics
Beta vs SPX0.71
Corr SPX0.50
Annual vol23.1%
Annual ret+7.1%
Sharpe0.31
Max DD-29.6%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector+0.09
Technical+0.26
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$59.97$60.48$59.70$60.00667.22K
Aug 12$58.95$59.71$58.83$59.71854.10K
Aug 11$58.68$59.34$58.68$59.02735.60K
Aug 10$59.02$59.32$58.47$58.651.01M
Aug 7$58.84$59.24$58.35$59.08665.10K