NASDAQ: CBSH

Commerce Bancshares (CBSH) Stock Analysis & Forecast

Sep 28 close

$55.88−0.56 (−1.0%)

Gekko Brief

AI summary

Morgan Stanley raises its price target on Commerce Bancshares to $77.00 from $76.00, maintaining an "overweight" rating. Insider activity also surfaces this week, with executive vice president Kevin G. Barth awarded 118 shares and executive chairman David W. Kemper indirectly acquiring 128 shares, both part of an executive compensation plan dated 22 September.

CBSH closes at $55.88, down 1% on the day, with its 1-month return at -3.7% and its 6-month return at 16.2%. The price sits between its 50-day average of $58.42 and its 200-day average of $54.20. The GekkoIndex reads 66.3, placing the stock in the Accumulation zone, though the index has slipped 3.7 points over five sessions. Gekko Fair Value stands at $61.68, putting the current price 9.4% below that level.

Earnings are due on 20 October, 21 days away, falling inside a typical 20-trading-day holding window; the prior quarter saw an EPS beat of $1.01 against a $1 estimate, with a 1.5% reaction, and the company has posted 8 beats across 8 quarters. Seasonality over the same calendar stretch has averaged -3.3% across 5 years, with gains in 2 of those years. Analyst coverage from 8 firms includes 1 buy and 7 hold ratings, with a consensus target of $66.56, representing 19.1% upside from current levels. No insider, Congress, or unusual options activity is recorded in the current windows.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

Commerce Bancshares price vs fair value

$61.68$55.88Sep ’25Mar ’26Sep ’26
Close $55.88200-day averageGekko Fair Value $61.68

Commerce Bancshares quick facts

Market cap
$8.15B
P/E ratio
13.8
Forward P/E
13.2
EPS, TTM
$4.08
Revenue, TTM
$1.84B
Profit margin
31.6%
Dividend yield
1.93%
Beta
0.58
Volume
659,505 avg 1.04M
1-year return
−6.1%
Typical daily move
±1.6%
Typical 20-day move
±3.8%
50-day average
$58.42
200-day average
$54.20
Next earnings
Oct 20
Shares outstanding
143.4M
52-week range
$46.99$60.92

Commerce Bancshares swing-trade checklist

Commerce Bancshares scores 2 supportive, 1 mixed and 2 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive1 mixed2 headwinds

  • Trendmixed

    Averages disagree

    Close $55.88 sits between the 50-day ($58.42) and 200-day ($54.20) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    66.3, Accumulation

    Reading 66.3 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.4% below

    Price is 9.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskheadwind

    Reports in 21 days

    Reports on Oct 20, 2026, 21 days away — inside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −3.3% on average

    From this point in the calendar, the next 20 trading days averaged −3.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Commerce Bancshares stock chart and price history

Commerce Bancshares closed at $55.88 on Sep 28, 2026, −6.1% over the past year, inside a 52-week range of $46.99 to $60.92.

Close50-day average200-day averageVolume
Commerce Bancshares share price, past year, with 50-day and 200-day moving averages and volume$50$60NovDecJan 2026FebMarAprMayJunJulAugSep55.88

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−3.7%
3 months
−3.8%
6 months
+16.2%
1 year
−6.1%
The full CBSH chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open CBSH in Gekko

Follow Commerce Bancshares through every session

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About Commerce Bancshares

Commerce Bancshares serves as the holding company for Commerce Bank, offering a wide range of banking and financial services to individual and business customers throughout the United States. It is recognized for combining everyday retail banking with more specialized services such as mortgage lending, trust administration, and asset management.

The company runs its business through three divisions. The Consumer division handles personal banking needs, including deposit accounts, home equity and installment loans, auto and recreational vehicle financing, mortgage banking, and debit and credit cards. The Commercial division works with businesses and institutions, providing corporate lending, equipment leasing, international banking, cash management, and fixed-income securities trading for correspondent banks, municipalities, and other institutional clients. The Wealth Management division covers trust and estate services, investment advisory and portfolio management, brokerage, and private banking. The company also engages in private equity investing, insurance agency work, and specialized leasing, alongside online and mobile banking access and a network of branches across several states.

Commerce Bancshares was founded in 1865 and is headquartered in Kansas City, Missouri. Its shares are listed on the NASDAQ under the ticker CBSH.

Listed
NASDAQ
Sector
Finance
Industry
Regional banks
Website
commercebank.com

Commerce Bancshares GekkoIndex: the smart money zone

Commerce Bancshares’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.3, in the Accumulation zone, down 3.7 points over five sessions.

010066.3Accumulation

Down 3.7 points over five sessions, from the Buying zone.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying29+1.3%+2.9%+3.3%+6.8%
Accumulation (current zone)223−0.1%0.0%+1.2%+2.6%
Neutral386+0.1%+0.2%+0.2%+1.2%
Distribution30+0.3%+0.1%+0.1%−1.6%
Selling4Too few readings yet

Average CBSH share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the CBSH price, zone by zone.Track CBSH in Gekko

Is Commerce Bancshares stock overvalued? Gekko Fair Value

Commerce Bancshares trades 9.4% below Gekko Fair Value of $61.68, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Commerce Bancshares shares are worth, recalculated every trading day.

$61.68

Gekko Fair Value, Sep 29, 2026

9.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open CBSH in Gekko

Commerce Bancshares insider and Congress trading

No open-market insider purchases were filed for Commerce Bancshares, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for CBSH in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every CBSH insider filing, plotted on the chart in Gekko.Open CBSH in Gekko

Congress trades last 90 days

No trades in CBSH were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for CBSH, plotted on the chart in Gekko.Open CBSH in Gekko

Buybacks

Commerce Bancshares has been buying back its own shares.

Bought back, quarter ended Jun 30, 2026
$112.1M
As a share of market cap
1.38%
Trailing four quarters
$336.9M

From company filings.

Commerce Bancshares earnings: next date and track record

Commerce Bancshares reports on Oct 20, 2026 (21 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±2.2%average move across the report
6 of 8reports followed by a gain

Share-price move across each report

+3.6%Apr ’24+2.5%Jul ’24−0.6%Oct ’24+0.4%Jan ’25+2.0%Apr ’25+1.5%Jul ’25−5.3%Oct ’25+1.5%Jan ’26
ReportedEPSSurpriseRevenueSurpriseMove
Jan 20, 2026$1.01
est $1.00
+1.1%$449.4M
est $442.5M
+1.6%+1.5%
Oct 16, 2025$1.06
est $1.04
+1.9%$448.9M
est $447.5M
+0.3%−5.3%
Jul 16, 2025$1.14
est $1.04
+9.6%$445.8M
est $434.4M
+2.6%+1.5%
Apr 16, 2025$0.98
est $0.93
+5.3%$420.5M
est $418.0M
+0.6%+2.0%
Jan 22, 2025$1.01
est $0.94
+7.4%$423.1M
est $415.0M
+1.9%+0.4%
Oct 17, 2024$1.02
est $0.96
+6.3%$425.2M
est $419.7M
+1.3%−0.6%
Jul 18, 2024$1.07
est $0.90
+18.9%$417.7M
est $406.9M
+2.7%+2.5%
Apr 16, 2024$0.86
est $0.81
+6.2%$397.6M
est $389.5M
+2.1%+3.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Commerce Bancshares stock forecast and analyst price targets

Analysts’ average 12-month price target for Commerce Bancshares is $66.56, +19.1% from the last close, from 8 firms rating the stock in the last 90 days.

$66.56consensus 12-month target, +19.1% from the last close
Low $62High $77
Buy1
Hold7
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 28Morgan StanleyBuy, reiterated$77+37.8%
Sep 8Morgan StanleyBuy, upgraded$76+36.0%
Aug 27Raymond JamesHold, initiated——
Aug 10Wells FargoHold, reiterated$63+12.7%
Jul 20KBWHold, maintained$62+11.0%
+1.2%average 20-day move after past Accumulation readings
−3.3%average move over the next 20 trading days in the last 5 years
±1.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Commerce Bancshares seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, Commerce Bancshares averaged −3.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−2.5%2021+3.2%2022−9.0%2023+4.8%2024−10.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.5%1 of 5
Next 10 trading days0.0%2 of 5
Next 15 trading days−1.7%3 of 5
Next 20 trading days−3.3%2 of 5
Next 30 trading days+2.1%3 of 5

For scale, CBSH’s typical 20-trading-day move in either direction is about 3.8%.

Commerce Bancshares market cap and key statistics

Commerce Bancshares’s market cap is $8.15B, with a P/E ratio of 13.8 and revenue of $1.84B over the last twelve months.

Valuation

Market cap
$8.15B
P/E ratio
13.8
Forward P/E
13.2
EPS, TTM
$4.08
Gekko Fair Value
$61.68

Trading

Volume
659,505
Avg volume, 20 days
1.04M
52-week high
$60.92
52-week low
$46.99
Shares outstanding
143.4M

Financials

Revenue, TTM
$1.84B
Profit margin
31.6%
Return on equity
14.7%
Quarterly earnings growth, YoY
+1.2%

Risk and income

Beta
0.58
Typical daily move
±1.6%
Typical 20-day move
±3.8%
Dividend yield
1.93%

Commerce Bancshares stock news this week

Coverage of Commerce Bancshares this week reads neutral: 1 positive, 4 neutral and 0 negative headlines.

News sentiment neutral

Commerce Bancshares peers

Commerce Bancshares’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
CMCanadian Imperial Bank of Commerce−0.2%Accumulation4.8% below
USBU.S. Bancorp−0.6%Accumulation10.6% below
NUNu−2.4%Buying24.1% below
TFCTruist Financial−1.0%Buying10.3% below
FITBFifth Third Bancorp−0.5%Accumulation11.5% below
MTBM&T Bank−0.3%Accumulation11.2% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Commerce Bancshares stock FAQ

What is Commerce Bancshares’s market cap?

Commerce Bancshares’s market cap is $8.15B at the Sep 28, 2026 close of $55.88, with 143.4M shares outstanding. The shares trade on a P/E ratio of 13.8.

What is the Commerce Bancshares stock forecast?

The consensus analyst 12-month price target for Commerce Bancshares is $66.56, +19.1% from the last close. Of the 8 firms that rated the stock in the last 90 days, 1 rate it a buy, 7 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Commerce Bancshares stock overvalued or undervalued?

On Gekko’s estimate Commerce Bancshares is undervalued: the Sep 28, 2026 close of $55.88 is 9.4% below Gekko Fair Value of $61.68. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Commerce Bancshares report earnings next?

Commerce Bancshares is expected to report on Oct 20, 2026 (21 days away). Analysts expect earnings of $1.08 per share on revenue of $499.7M. Commerce Bancshares beat the earnings estimate in 8 of its last 8 reports, moving 2.2% on average across the report.

What is Commerce Bancshares’s 52-week high and low?

Commerce Bancshares’s 52-week high is $60.92 and its 52-week low is $46.99; it closed at $55.88 on Sep 28, 2026, −6.1% over the past year. Over the last five years the shares peaked at $72.75 on Nov 25, 2024.

Is Commerce Bancshares stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (gekkoindex and fair value), 1 as mixed (trend) and 2 as headwinds (earnings risk and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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