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ISIN
US2005251036
CUSIP
200525103
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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S&P 500 Index

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.57%-3.13%-2.99%5.75%0.37%6.03%6.36%
20257.21%-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%
20220.25%4.16%0.12%-4.50%1.18%-4.73%5.85%-1.04%-3.42%7.07%5.76%-4.26%5.56%
20211.75%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
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.


CBSH Risk / Return Rank: 3535
Overall Rank
CBSH Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
CBSH Sortino Ratio Rank: 3030
Sortino Ratio Rank
CBSH Omega Ratio Rank: 3030
Omega Ratio Rank
CBSH Calmar Ratio Rank: 3838
Calmar Ratio Rank
CBSH Martin Ratio Rank: 3939
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


CBSHBenchmarkDifference
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.


1.50%2.00%2.50%3.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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 8d3y 6mo
3y 11moOct 2008 - Sep 2012
Dot-com crash2000–2002
-39.81%Mar 2000
1y 7mo9mo 19d
2y 5moJul 1998 - Dec 2000
2023 bear market2023
-38.23%Nov 2023
2y 5mo1y 6d
3y 6moMay 2021 - Nov 2024
Black Monday1987
-36.06%Dec 1987
1y 7mo1y 23d
2y 8moApr 1986 - Dec 1988
COVID crash2020
-34.87%Mar 2020
1mo 10d7mo 28d
9mo 8dFeb 2020 - Nov 2020

Drawdown Indicators


CBSHBenchmarkDifference

Max Drawdown

Largest 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 Drawdown

Current decline from peak

-15.62%

-1.80%

-13.82%

Average Drawdown

Average peak-to-trough decline

-9.24%

-10.71%

+1.47%

Ulcer Index

Depth 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.


Annual
Quarterly

0.0

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

Values in undefined except per share items
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