MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. We’d like to share more about how we work and what drives our day-to-day business. CBSH’s beta can be found in Trading Information at the top of this page.
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries stock trader salary in india based on their average Zacks Rank. One share of CBSH stock can currently be purchased for approximately $47.02. Sign-up to receive the latest news and ratings for Commerce Bancshares and its competitors with MarketBeat’s FREE daily newsletter.
Commerce Bancshares (CBSH)
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Sei Investments Co. Raises Stock Holdings in Commerce … – MarketBeat
Sei Investments Co. Raises Stock Holdings in Commerce ….
Posted: Tue, 05 Sep 2023 12:22:30 GMT [source]
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. High-growth stocks tend to represent the technology, healthcare, and communications sectors.
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Moody’s on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review. U.S. bank shares slid on Tuesday after Moody’s downgraded several small to mid-sized banks and said it may revise the credit ratings of some of the nation’s biggest lenders, sparking concerns about th… According to 5 analysts, the average rating for CBSH stock is “Hold.” The 12-month stock price forecast is $61.9, which is an increase of 28.53% from the latest price. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Moody’s Investors Services may downgrade its credit ratings on six major U.S. banks, including U.S. Bancorp, State Street Corp., and Bank of New York Mellon Corp., and has downgraded its debt ratings … Ratings agency Moody’s cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks. Shares of regional bank traded broadly lower Monday, led by the stocks downgraded at Raymond James, on concerns over the effect of lower interest rates and reduced loan growth projections.
Zacks Research
On average, they expect the company’s share price to reach $60.75 in the next twelve months. This suggests a possible upside of 29.2% from the stock’s current price. View analysts price targets for CBSH or view top-rated stocks among Wall Street analysts.
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About Commerce Bancshares, Inc.
John W Kemper has an approval rating of 94% among the company’s employees. This puts John W Kemper in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. Commerce Bancshares’ stock was trading at $68.07 on January 1st, 2023. Since then, CBSH stock has decreased by 30.9% and is now trading at $47.02. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
- One share of CBSH stock can currently be purchased for approximately $47.02.
- An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
- Ratings agency Moody’s cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.
- Commerce Bancshares announced a quarterly dividend on Friday, July 28th.
They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. 4 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Commerce Bancshares in the last year.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. CBSH reported profit rose 16% in the fourth quarter as demand for loans picked up and it enjoyed revenue from a diversity of fees. The Kansas City, Mo., bank said profit for the quarter ended Dec. … Provides a general description of the business conducted by this company.
While the segmental performances were not impressive apart from the Corporate and Private bank divisions, a rise in overall net revenues supports Deutsche Bank’s (DB) Q1 earnings. Although U.S. stocks closed higher on Friday, there were a few notable insider trades. The technique has proven to be very useful for finding positive surprises. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bancshares, Inc. announced earnings of $1.02 per share for the three months ended June 30, 2023, compared to $.92 per share in the same quarter last year an… Commerce Bancshares announced a quarterly dividend on Friday, July 28th. Stockholders of record on Wednesday, September 6th https://1investing.in/ will be given a dividend of $0.27 per share on Monday, September 25th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 2.30%. CBSH, +0.04% slipped 0.1% in afternoon trading Friday, after the Missouri-based bank raised its quarterly dividend by 6.9%, to 27 cents a share from 25.25 cents a sh…
Company Summary
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. 4 analysts have issued 1 year target prices for Commerce Bancshares’ stock.
- 4 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Commerce Bancshares in the last year.
- That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
- The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years.
- Stockholders of record on Wednesday, September 6th will be given a dividend of $0.27 per share on Monday, September 25th.
- MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.
A rise in operating expenses and a fall in total revenues hinder UBS’ Q1 earnings. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, CBSH info will be updated daily in your Zacks.com Portfolio Tracker – also free. Upgrade to MarketBeat All Access to add more stocks to your watchlist.
Commerce Bancshares said its profit for the fourth quarter rose as the provision for credit losses fell along with a decrease in the estimate of the allowance for credit losses. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Commerce Bancshares’ stock is owned by a number of institutional and retail investors. 99 employees have rated Commerce Bancshares Chief Executive Officer John W Kemper on Glassdoor.com.
There are currently 1 sell rating and 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “reduce” CBSH shares. KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bancshares, Inc. announced earnings of $.94 per share for the three months ended December 31, 2021, compared to $1.05 per common share in the same quarter l… KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bancshares, Inc. announced earnings of $.97 per share for the three months ended March 31, 2022, compared to $1.06 per share in the same quarter last year a… KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended June 30, 2022, compared to $1.32 per share in the same quarter last year an… KANSAS CITY, Mo.–(BUSINESS WIRE)–Commerce Bancshares, Inc. announced earnings of $1.04 per share for the three months ended December 31, 2022, compared to $.90 per share in the same quarter last y…
The Barchart Technical Opinion rating is a 88% Sell with a Weakening short term outlook on maintaining the current direction. Higher net interest income and an increase in loan balances support East West Bancorp’s (EWBC) Q1 earnings, while a rise in provisions, and expenses hurt. Higher net interest income and an increase in loan balances support Bank of Hawaii’s (BOH) Q1 earnings, while a rise in provisions and expenses hurt.
The Silicon Valley Bank implosion created a domino effect, with regional bank stocks selling off to levels not seen in years. Ratings agency Moody’s said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks. Moody’s Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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