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

Commerce Bancshares Inc operates as the bank holding company for Commerce Bank. The bank is engaged in the general banking business, providing a broad range of retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals, businesses, and municipalities. It operates through three segments: Consumer, Commercial, and Wealth. The Commercial segment provides corporate lending, payment solutions, leasing, international services, and business banking. The Consumer segment covers retail banking, mortgages, installment lending, and card services. The Wealth segment offers trust and estate planning, brokerage, and investment management services.

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

As of March 3, 2025, CBSH stock price climbed to $65.93 with 112,063 million shares trading.

CBSH has a beta of 0.59, meaning it tends to be less sensitive to market movements. CBSH has a correlation of 0.11 to the broad based SPY ETF.

CBSH has a market cap of $8.83 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 +35.8% while the SPY ETF gained +18.2%. However, in the short term, CBSH had mixed performance relative to the market. It has underperformed in the last 3 months, returning -5.9% vs -0.9% return in SPY. But in the last 2 weeks, CBSH shares have fared better than the market returning +0.3% compared to SPY -3.0%.

CBSH support price is $64.06 and resistance is $66.04 (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.