Hovde Group has initiated coverage on Commerce Bancshares Inc (CBSH) with an Outperform rating as of October 5, 2025. The current share price stands at $53.82. This marks the firm's first assessment of the company's investment potential based on their research and analysis of the banking sector and Commerce Bancshares' growth prospects.
Commerce Bancshares operates as a bank holding company for Commerce Bank, headquartered in Kansas City, Missouri. The company employs 4,658 full-time staff and maintains full-service banking facilities across the Midwest, including major metropolitan areas such as St. Louis and Kansas City. Its segments encompass Commercial, Consumer, and Wealth management, offering a comprehensive range of financial services.
As of November 20, 2025, Commerce Bancshares boasts a market capitalization of $7.0 billion, a P/E ratio of 12.38, and an EPS of 4.22. The company's dividend yield is reported at 209.4%. Upcoming earnings are anticipated on July 14, 2026, with an EPS estimate of $1.08 and revenue forecast of $493.0 million. This update provides insight into the firm’s strategic positioning within the competitive banking landscape and its operational performance.
Analyst ratings and price targets serve as professional assessments based on financial models and research. While they can offer valuable perspectives, these opinions are subject to change as new information emerges. Investors should consider multiple factors, including company fundamentals and market trends, when making decisions.