Financials Commerce Bancshares, Inc.

Equities

CBSH

US2005251036

Banks

Market Closed - Nasdaq 04:00:00 2024-05-15 pm EDT 5-day change 1st Jan Change
56.88 USD +0.14% Intraday chart for Commerce Bancshares, Inc. +0.83% +6.50%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 7,655 7,695 8,385 8,531 6,970 7,358 - -
Enterprise Value (EV) 1 7,655 7,695 8,385 8,531 6,970 7,358 7,358 7,358
P/E ratio 19 x 22.6 x 15.9 x 17.7 x 14.7 x 15.6 x 15.8 x 13.1 x
Yield 1.46% 1.57% 1.45% 1.48% 1.93% 1.91% 2.07% 2.62%
Capitalization / Revenue 5.63 x 5.71 x 5.96 x 5.62 x 4.41 x 4.54 x 4.44 x 4.17 x
EV / Revenue 5.63 x 5.71 x 5.96 x 5.62 x 4.41 x 4.54 x 4.44 x 4.17 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.54 x 2.26 x 2.42 x 3.43 x 2.35 x 2.29 x 2.09 x 1.74 x
Nbr of stocks (in thousands) 136,964 135,583 134,483 131,586 130,503 129,536 - -
Reference price 2 55.89 56.75 62.35 64.83 53.41 56.88 56.88 56.88
Announcement Date 1/22/20 1/20/21 1/19/22 1/19/23 1/18/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,360 1,349 1,408 1,519 1,580 1,620 1,657 1,766
EBITDA - - - - - - - -
EBIT 1 581.2 580.3 601.6 670.1 573 663.4 659.1 -
Operating Margin 42.73% 43.03% 42.74% 44.12% 36.28% 40.96% 39.77% -
Earnings before Tax (EBT) 1 531.8 441.2 686.3 632.4 619.7 595.8 598.5 -
Net income 1 412.2 342.1 530.8 488.4 477.1 459.6 458.4 -
Net margin 30.31% 25.37% 37.71% 32.16% 30.2% 28.38% 27.66% -
EPS 2 2.945 2.514 3.909 3.667 3.640 3.654 3.598 4.350
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.8145 0.8889 0.9070 0.9619 1.029 1.088 1.176 1.490
Announcement Date 1/22/20 1/20/21 1/19/22 1/19/23 1/18/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 358.1 343.2 374.4 387.3 402.4 390.7 402.8 393.9 395.4 399.9 401.7 406 407.5 405.7 410.8
EBITDA - - - - - - - - - - - - - - -
EBIT 1 154.5 137.5 160.9 174.4 185.7 166.6 175.1 165.9 144.9 154.2 165.4 167.2 167.1 160.2 164.7
Operating Margin 43.15% 40.07% 42.98% 45.03% 46.14% 42.64% 43.49% 42.12% 36.64% 38.56% 41.17% 41.17% 41.01% 39.48% 40.09%
Earnings before Tax (EBT) 1 149.1 151.9 152.2 160.1 168.2 153.4 166.5 156.1 143.8 147.1 144.7 149.1 148.4 144.1 152.1
Net income 1 114.9 118.2 115.8 122.8 131.6 119.5 127.8 120.6 109.2 112.7 116.3 115.7 114.6 110.5 113.9
Net margin 32.09% 34.43% 30.92% 31.72% 32.71% 30.57% 31.73% 30.62% 27.62% 28.17% 28.95% 28.49% 28.12% 27.23% 27.72%
EPS 2 0.8526 0.8798 0.8708 0.9252 0.9905 0.9048 0.9714 0.9143 0.8400 0.8600 1.015 0.8938 0.8775 0.8550 0.8917
Dividend per Share 2 0.2268 0.2404 0.2404 0.2404 0.2400 0.2571 0.2571 0.2571 0.2570 0.2700 0.2700 0.2700 0.2700 0.2933 0.2933
Announcement Date 1/19/22 4/19/22 7/21/22 10/18/22 1/19/23 4/18/23 7/19/23 10/18/23 1/18/24 4/16/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 14.1% 10.6% 15.4% 17.3% 17.9% 15.2% 13.9% 14%
ROA (Net income/ Total Assets) 1.67% 1.2% 1.55% 1.45% 1.49% 1.52% 1.49% -
Assets 1 24,684 28,508 34,243 33,683 32,017 30,302 30,869 -
Book Value Per Share 2 22.00 25.10 25.80 18.90 22.80 24.80 27.30 32.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 1/22/20 1/20/21 1/19/22 1/19/23 1/18/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
8
Last Close Price
56.88 USD
Average target price
57.62 USD
Spread / Average Target
+1.31%
Consensus
  1. Stock Market
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  4. Financials Commerce Bancshares, Inc.
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