Commerce Bancshares Financials

CBSH Stock  USD 73.88  0.08  0.11%   
Based on the key indicators related to Commerce Bancshares' liquidity, profitability, solvency, and operating efficiency, Commerce Bancshares is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Commerce Bancshares' Accounts Payable is increasing as compared to previous years. The Commerce Bancshares' current Other Assets is estimated to increase to about 18.5 B, while Total Assets are projected to decrease to under 19.2 B. Key indicators impacting Commerce Bancshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.20.3454
Way Down
Slightly volatile
Return On Assets0.01020.015
Way Down
Slightly volatile
Return On Equity0.10.162
Way Down
Slightly volatile
Debt Equity Ratio5.0E-45.0E-4
Notably Down
Slightly volatile
Operating Income476.9 M619.7 M
Significantly Down
Slightly volatile
Current Ratio0.870.91
Sufficiently Down
Slightly volatile
Investors should never underestimate Commerce Bancshares' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Commerce Bancshares' cash flow, debt, and profitability to make informed and accurate decisions about investing in Commerce Bancshares.

Net Income

500.91 Million

  
Understanding current and past Commerce Bancshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Commerce Bancshares' financial statements are interrelated, with each one affecting the others. For example, an increase in Commerce Bancshares' assets may result in an increase in income on the income statement.

Commerce Bancshares Stock Summary

Commerce Bancshares competes with BOK Financial, Texas Capital, United Bankshares, Prosperity Bancshares, and BancFirst. Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri. Commerce Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 4595 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2005251036
CUSIP200525103
LocationMissouri; U.S.A
Business Address1000Walnut, Kansas City,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.commercebank.com
Phone816 234 2000
CurrencyUSD - US Dollar

Commerce Bancshares Key Financial Ratios

Commerce Bancshares Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets26.1B32.9B36.7B31.9B31.7B19.2B
Other Current Liab6.9B10.5B11.8B10.1B8.0B9.7B
Net Debt(885.0M)(2.2B)(4.3B)(832.0M)(2.7B)(2.5B)
Retained Earnings201.6M73M92.5M31.6M53.2M50.5M
Accounts Payable20.5B26.9B29.8B26.2B30.1B31.6B
Cash887.5M2.2B4.3B841.6M443.1M421.0M
Other Assets7.3B5.1B2.7B5.7B10.8B18.5B
Total Liab2.4M802K12.6M29.4B28.7B14.6B
Total Current Assets9.5B14.6B18.7B13.1B10.4B10.8B
Common Stock564.0M589.4M610.8M629.3M655.3M479.8M
Other Current Assets1.8B3.2B6.0B1.9B3.2B5.9B
Other Liab516.5M477.1M392.2M275.3M316.6M277.0M
Long Term Debt2.4M802K12.6M9.7M1.4M1.3M
Inventory365K93K115K96K86.4K82.1K
Treasury Stock(37.5M)(33.0M)(33.0M)(41.7M)(37.6M)(35.7M)
Intangible Assets9.5M11.2M15.6M15.2M14.2M12.4M
Short Term Debt1.9B2.1B3.0B2.8B2.9B2.2B
Net Tangible Assets2.8B3.2B3.3B2.3B2.7B2.7B
Capital Surpluse2.2B2.4B2.7B2.9B3.4B2.0B

Commerce Bancshares Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense103.4M42.8M12.9M56.8M383.2M402.3M
Operating Income530.3M441.4M676.5M677.6M619.7M476.9M
Ebit530.3M441.2M686.3M632.4M619.7M475.9M
Ebitda571.5M484.9M731.2M679.2M669.2M520.5M
Net Income421.2M354.1M530.8M488.4M477.1M500.9M
Income Tax Expense109.1M87.3M145.7M132.4M134.5M83.7M
Total Revenue1.3B1.3B1.4B1.5B1.4B962.4M
Gross Profit1.3B1.3B1.4B1.5B1.4B961.7M
Income Before Tax531.8M441.2M686.3M632.4M619.7M349.3M
Minority Interest1.5M(172K)(9.8M)(11.6M)(7.9M)(7.5M)
Tax Provision109.1M87.3M145.7M132.4M136.7M130.6M
Net Interest Income821.3M829.8M835.4M942.2M1.0B892.8M
Interest Income924.7M872.6M848.3M999.0M1.3B976.8M

Commerce Bancshares Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(301.4M)1.3B2.1B(3.4B)1.8B1.9B
Free Cash Flow470.2M590.9M541.0M494.2M400.7M310.1M
Depreciation41.1M43.8M44.9M46.9M49.5M49.7M
Other Non Cash Items(2.5M)241.5M(40.2M)12.1M(100.8M)(95.8M)
Dividends Paid122.5M127.6M122.7M127.5M134.7M75.4M
Capital Expenditures42.6M33.1M56.7M65.2M88.1M92.5M
Net Income422.7M353.9M540.6M500.0M485.2M250.9M
End Period Cash Flow907.8M2.2B4.3B897.8M2.7B2.8B
Change To Inventory(21.1M)18.3M87.8M80.4M72.4M76.0M
Change To Netincome71.3M88.3M(55.6M)52.6M60.5M63.5M
Investments(952.8M)(6.0B)(1.3B)(602.5M)2.2B2.3B
Change Receivables3.3M(13.4M)19.8M(28.4M)(25.6M)(24.3M)
Net Borrowings(112.0M)247.6M924.6M(181.2M)(208.4M)(198.0M)

Commerce Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Commerce Bancshares's current stock value. Our valuation model uses many indicators to compare Commerce Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Commerce Bancshares competition to find correlations between indicators driving Commerce Bancshares's intrinsic value. More Info.
Commerce Bancshares is number one stock in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.10  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Commerce Bancshares is roughly  10.38 . As of now, Commerce Bancshares' Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Commerce Bancshares' earnings, one of the primary drivers of an investment's value.

Commerce Bancshares Systematic Risk

Commerce Bancshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Commerce Bancshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Commerce Bancshares correlated with the market. If Beta is less than 0 Commerce Bancshares generally moves in the opposite direction as compared to the market. If Commerce Bancshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Commerce Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Commerce Bancshares is generally in the same direction as the market. If Beta > 1 Commerce Bancshares moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Commerce Bancshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Commerce Bancshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Commerce Bancshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(12.71)

As of now, Commerce Bancshares' Price Earnings To Growth Ratio is decreasing as compared to previous years.

Commerce Bancshares November 29, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Commerce Bancshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Commerce Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Commerce Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Commerce Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Commerce Bancshares's daily price indicators and compare them against related drivers.

Complementary Tools for Commerce Stock analysis

When running Commerce Bancshares' price analysis, check to measure Commerce Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Commerce Bancshares is operating at the current time. Most of Commerce Bancshares' value examination focuses on studying past and present price action to predict the probability of Commerce Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Commerce Bancshares' price. Additionally, you may evaluate how the addition of Commerce Bancshares to your portfolios can decrease your overall portfolio volatility.
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