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CBSH

Commerce Bancshares, Inc.

$52.95

Earnings Summary

Revenue
$499.87Mn
Net Profits
$112.66Mn
Net Profit Margins
22.54%
PE Ratio
14.75

Highlights

Revenue:

Commerce Bancshares, Inc.’s revenue jumped 28.52% since last year same period to $499.87Mn in the Q1 2024. On a quarterly growth basis, Commerce Bancshares, Inc. has generated -2.96% fall in its revenue since last 3-months.

Net Profits:

Commerce Bancshares, Inc.’s net profit fell -5.68% since last year same period to $112.66Mn in the Q1 2024. On a quarterly growth basis, Commerce Bancshares, Inc. has generated 3.15% jump in its net profits since last 3-months.

Net Profit Margins:

Commerce Bancshares, Inc.’s net profit margin fell -26.62% since last year same period to 22.54% in the Q1 2024. On a quarterly growth basis, Commerce Bancshares, Inc. has generated 6.29% jump in its net profit margins since last 3-months.

PE Ratio:

Commerce Bancshares, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.75.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Commerce Bancshares, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
0.88
EPS Estimate Current Year
0.88

Highlights

EPS Estimate Current Quarter:

Commerce Bancshares, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.88 - a 8.64% jump from last quarter’s estimates.

EPS Estimate Current Year:

Commerce Bancshares, Inc.’s earning per share (EPS) estimates for the current year stand at 0.88.

Key Ratios

Key ratios of the Commerce Bancshares, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
0.86
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.17
Dividend Per Share (DPS)
0.27

Highlights

Earning Per Share (EPS):

Commerce Bancshares, Inc.’s earning per share (EPS) fell -9.47% since last year same period to 0.86 in the Q1 2024. This indicates that the Commerce Bancshares, Inc. has generated -9.47% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Commerce Bancshares, Inc.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Commerce Bancshares, Inc.’s return on equity (ROE) stands at 0.17.

Dividend Per Share (DPS):

Commerce Bancshares, Inc. declared 0.27 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
0.81
0.86
6.17%