Fundamentals Overview
Commerce Bancshares, Inc. is in the middle of its 52-week range with premium valuation, trading relatively flat today.
Valuation premium
Intrinsic value (DCF)
+7.7% upside vs price
Profitability
Risk (Beta)
0.6 — lower vol
Earnings & growth
BullzEye Analysis
Our composite tilts Hold on technicals (e.g. RSI, ADX, trend), fundamentals, sentiment, sector and index context, and risk.
Composite Signal
Supporting (Buy):
Analyst grade: B+ · Sentiment improving (1 upgrade)
Pressures (Sell):
3M vs S&P 500: -10%
Not financial advice. For education and research only; do your own research and consider a financial advisor before investing.
Key Stats
About
Ratings & Grades at a Glance
Overall rating: B+. Recent institutional grades: majority upgrades. Current institutional positions: Equal Weight: 13, Hold: 2, Market Perform: 6, Neutral: 8, Underweight: 1.
Valuation & Ratios
Valuation, liquidity, and profitability metrics are consolidated here (including ratios that previously appeared in the Financials story). Trailing (TTM) vs forward-looking (e.g. DCF) is noted on each line where it matters.
DCF vs price: DCF estimate is $56.23; current price is $52.22. That’s a +7.7% gap. When the gap is large (e.g. >20%), that’s divergence; when they’re close, that’s convergence. Differences can reflect growth expectations, sector premiums, or conservative vs. optimistic assumptions. Use DCF as one input alongside technicals and sentiment.
| Metric | Value |
|---|---|
| Valuation | |
| P/E (TTM) | 13.22 |
| DCF value (model) | $56.23 (7.7% upside) |
| PEG (TTM) | 2.32 |
| P/B (TTM) | 1.77 |
| P/S (TTM) | 3.45 |
| P/FCF (TTM) | 6.78 |
| Liquidity & enterprise | |
| Current Ratio (TTM) | 3.58 |
| Quick Ratio (TTM) | 3.58 |
| Cash Ratio (TTM) | 0.22 |
| Profitability | |
| ROE (TTM) | N/A |
| ROA (TTM) | N/A |
| Revenue growth (YoY) | N/A |
| Net margin (TTM) | 26.11% |
| Gross margin (TTM) | 80.71% |
| Operating margin (TTM) | 33.95% |
| Debt to equity (TTM) | N/A |
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Price Target, Ratings & Grades
Analyst price targets, consensus, rating snapshot, and institutional grades for CBSH.
Analyst Sentiment at a Glance
Stock Grades (Institutions)
| Institution | Action | Previous Grade | New Grade | Date |
|---|---|---|---|---|
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2026-05-13 |
| TD Cowen | maintain | Hold | Hold | 2026-04-23 |
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2026-04-23 |
| Piper Sandler | maintain | Neutral | Neutral | 2026-04-23 |
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2026-04-09 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2026-03-30 |
| Morgan Stanley | maintain | Equal Weight | Equal Weight | 2026-03-02 |
| Piper Sandler | maintain | Neutral | Neutral | 2026-01-26 |
| Piper Sandler | maintain | Neutral | Neutral | 2026-01-09 |
| TD Cowen | maintain | Hold | Hold | 2026-01-07 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-10-21 |
| Piper Sandler | maintain | Neutral | Neutral | 2025-10-17 |
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2025-10-17 |
| Morgan Stanley | maintain | Equal Weight | Equal Weight | 2025-09-29 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-09-29 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-07-21 |
| Piper Sandler | maintain | Neutral | Neutral | 2025-07-17 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-07-10 |
| B of A Securities | maintain | Neutral | Neutral | 2025-06-24 |
| Morgan Stanley | maintain | Equal Weight | Equal Weight | 2025-06-17 |
| Piper Sandler | maintain | Neutral | Neutral | 2025-04-17 |
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2025-04-17 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-04-09 |
| Morgan Stanley | upgrade | Underweight | Equal Weight | 2025-04-07 |
| Morgan Stanley | maintain | Underweight | Underweight | 2025-03-13 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2025-01-29 |
| Piper Sandler | maintain | Neutral | Neutral | 2025-01-23 |
| Keefe, Bruyette & Woods | maintain | Market Perform | Market Perform | 2024-12-04 |
| Wells Fargo | maintain | Equal Weight | Equal Weight | 2024-12-03 |
| Morgan Stanley | maintain | Equal Weight | Equal Weight | 2024-08-05 |