CBSH Stock Summary and Trading Ideas (Commerce Bancshares | NASDAQ:CBSH)

Commerce Bancshares Inc. is a $22 billion regional bank that provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 200 locations in the central United States. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities.

Commerce Bancshares trades on the NASDAQ stock market under the symbol CBSH.

As of February 7, 2025, CBSH stock price declined to $67.42 with 366,692 million shares trading.

CBSH has a beta of 0.58, meaning it tends to be less sensitive to market movements. CBSH has a correlation of 0.10 to the broad based SPY ETF.

CBSH has a market cap of $9.08 billion. This is considered a Mid Cap stock.

Last quarter Commerce Bancshares reported $422 million in Revenue and $1.01 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.07.

In the last 3 years, CBSH traded as high as $72.75 and as low as $40.91.

The top ETF exchange traded funds that CBSH belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.

CBSH has outperformed the market in the last year with a price return of +42.9% while the SPY ETF gained +23.2%. However, in the short term, CBSH had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.6% vs +2.1% return in SPY. But in the last 2 weeks, CBSH shares have fared better than the market returning +2.5% compared to SPY -1.4%.

CBSH support price is $67.40 and resistance is $69.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CBSH shares will trade within this expected range on the day.