- ISIN
- US2005251036
- CUSIP
- 200525103
- Sector
- Financial Services
- Industry
- Banks - Regional
- IPO Date
- Sep 7, 1984
Highlights
- Market Cap
- $8.03B
- Enterprise Value
- $7.46B
- EPS (TTM)
- $4.20
- PE Ratio
- 13.11
- PEG Ratio
- 5.27
- Total Revenue (TTM)
- $2.10B
- Gross Profit (TTM)
- $1.31B
- EBITDA (TTM)
- $614.94M
- Year Range
- $46.99 - $63.19
- Target Price
- $62.00
- ROA (TTM)
- 1.61%
- ROE (TTM)
- 13.40%
Share Price Chart
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Performance
CBSH Performance Chart
Commerce Bancshares, Inc. (CBSH) is up 6.4% since the beginning of the year. At $55 per share, CBSH is trading 12.8% below its 52-week high of $63. Investors who bought $1,000 worth of CBSH shares 5 years ago would now be looking at an investment worth $1,045.
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Returns By Period
Commerce Bancshares, Inc. (CBSH) has returned 6.36% so far this year and -2.85% over the past 12 months. Over the last ten years, CBSH has returned 8.85% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Commerce Bancshares, Inc.
- 1D
- 0.64%
- 1M
- 5.73%
- YTD
- 6.36%
- 6M
- 4.99%
- 1Y
- -2.85%
- 3Y*
- 13.92%
- 5Y*
- 0.88%
- 10Y*
- 8.85%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CBSH Monthly Returns History
Based on dividend-adjusted daily data since Sep 7, 1984, CBSH's average daily return is +0.06%, while the average monthly return is +1.12%. At this rate, an investment would double in approximately 5.2 years.
Historically, 60% of months were positive and 40% were negative. The best month was Apr 2020 with a return of +21.5%, while the worst month was Oct 1987 at -20.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, CBSH closed higher 47% of trading days. The best single day was Oct 1, 2008 with a return of +16.3%, while the worst single day was Apr 14, 2009 at -15.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.57% | -3.13% | -2.99% | 5.75% | 0.37% | 6.03% | 6.36% | ||||||
| 2025 | 7.21% | -2.62% | -3.91% | -2.39% | 3.74% | -0.90% | -1.56% | 1.21% | -3.09% | -11.93% | 2.43% | 2.46% | -10.16% |
| 2024 | -2.42% | -0.15% | 2.74% | 2.78% | 1.76% | 0.75% | 16.01% | -1.16% | -6.73% | 5.22% | 18.00% | -10.96% | 24.71% |
| 2023 | -2.22% | -0.62% | -11.43% | -4.28% | -14.15% | 2.13% | 9.20% | -7.69% | -1.73% | -8.59% | 15.30% | 11.49% | -15.91% |
| 2022 | 0.25% | 4.16% | 0.12% | -4.50% | 1.18% | -4.73% | 5.85% | -1.04% | -3.42% | 7.07% | 5.76% | -4.26% | 5.56% |
| 2021 | 1.75% | 10.74% | 3.84% | 1.57% | 0.09% | -3.94% | -5.14% | -0.01% | -1.10% | 1.19% | -1.01% | 3.80% | 11.44% |
Benchmark Metrics
Commerce Bancshares, Inc. has an annualized alpha of 7.00%, beta of 0.70, and R2 of 0.28 versus S&P 500 Index. Calculated based on daily prices since September 07, 1984.
- This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (70.45%) than losses (50.74%) - typical of diversified or defensive assets.
- R2 of 0.28 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 7.00%
- Beta
- 0.70
- R²
- 0.28
- Upside Capture
- 70.45%
- Downside Capture
- 50.74%
Return for Risk
Risk / Return Rank
CBSH ranks 35 for risk / return — below 35% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Commerce Bancshares, Inc. (CBSH) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBSH | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.17 | ||
| Sortino ratioReturn per unit of downside risk | -2.80 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.37 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | 2.78 | -2.91 |
| Martin ratioReturn relative to average drawdown | -0.20 | 12.44 | -12.63 |
Dividends
Dividend History
Commerce Bancshares, Inc. provided a 1.97% dividend yield over the last twelve months, with an annual payout of $1.09 per share. The company has been increasing its dividends for 4 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.09 | $1.06 | $0.99 | $0.94 | $0.88 | $0.83 | $1.03 | $0.75 | $0.64 | $0.59 | $1.09 | $0.53 |
Dividend yield | 1.97% | 2.03% | 1.67% | 1.95% | 1.50% | 1.47% | 2.00% | 1.48% | 1.61% | 1.55% | 2.93% | 2.04% |
Monthly Dividends
The table displays the monthly dividend distributions for Commerce Bancshares, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.28 | $0.00 | $0.00 | $0.28 | $0.55 | ||||||
| 2025 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.28 | $1.06 |
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.26 | $0.99 |
| 2023 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.24 | $0.94 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.23 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.22 | $0.83 |
Dividend Yield & Payout
Dividend Yield
Commerce Bancshares, Inc. has a dividend yield of 1.97%, which is quite average when compared to the overall market.
Payout Ratio
Commerce Bancshares, Inc. has a payout ratio of 26.07%, which is quite average when compared to the overall market. This suggests that Commerce Bancshares, Inc. strikes a balance between reinvesting profits for growth and paying dividends to shareholders.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Commerce Bancshares, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Commerce Bancshares, Inc. was 44.70%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.
The current Commerce Bancshares, Inc. drawdown is 15.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -44.70%Mar 2009 | 5mo 8d | 3y 6mo | 3y 11moOct 2008 - Sep 2012 |
Dot-com crash2000–2002 | -39.81%Mar 2000 | 1y 7mo | 9mo 19d | 2y 5moJul 1998 - Dec 2000 |
2023 bear market2023 | -38.23%Nov 2023 | 2y 5mo | 1y 6d | 3y 6moMay 2021 - Nov 2024 |
Black Monday1987 | -36.06%Dec 1987 | 1y 7mo | 1y 23d | 2y 8moApr 1986 - Dec 1988 |
COVID crash2020 | -34.87%Mar 2020 | 1mo 10d | 7mo 28d | 9mo 8dFeb 2020 - Nov 2020 |
Drawdown Indicators
| CBSH | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.70% | -56.78% | +12.08% |
Max Drawdown (1Y)Largest decline over 1 year | -23.44% | -9.10% | -14.34% |
Max Drawdown (3Y)Largest decline over 3 years | -27.63% | -18.90% | -8.73% |
Max Drawdown (5Y)Largest decline over 5 years | -38.02% | -25.43% | -12.59% |
Max Drawdown (10Y)Largest decline over 10 years | -38.23% | -33.92% | -4.31% |
Current DrawdownCurrent decline from peak | -15.62% | -1.80% | -13.82% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -10.71% | +1.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.62% | 2.03% | +12.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Commerce Bancshares, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Commerce Bancshares, Inc. is priced in the market compared to other companies in the Banks - Regional industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for CBSH, comparing it with other companies in the Banks - Regional industry. Currently, CBSH has a P/E ratio of 13.1. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for CBSH compared to other companies in the Banks - Regional industry. CBSH currently has a PEG ratio of 5.3. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for CBSH relative to other companies in the Banks - Regional industry. Currently, CBSH has a P/S ratio of 3.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for CBSH in comparison with other companies in the Banks - Regional industry. Currently, CBSH has a P/B value of 1.9. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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