Last 7 days
2.3%
Last 30 days
12.3%
Last 90 days
10.7%
Trailing 12 Months
-23.5%
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.1B | 1.2B | 1.3B | 0 |
2022 | 850.4M | 877.4M | 923.1M | 999.0M |
2021 | 860.9M | 858.7M | 852.5M | 848.3M |
2020 | 918.3M | 893.2M | 884.6M | 872.6M |
2019 | 911.1M | 923.9M | 930.9M | 924.7M |
2018 | 795.4M | 827.4M | 857.9M | 889.2M |
2017 | 728.9M | 742.5M | 757.3M | 777.4M |
2016 | 681.6M | 691.0M | 701.3M | 713.1M |
2015 | 641.3M | 644.3M | 651.6M | 662.4M |
2014 | 651.5M | 651.9M | 651.5M | 648.3M |
2013 | 666.7M | 659.4M | 658.3M | 650.3M |
2012 | 692.1M | 688.6M | 681.0M | 678.0M |
2011 | 717.2M | 710.3M | 702.2M | 698.0M |
2010 | 783.7M | 769.8M | 747.0M | 729.5M |
2009 | 834.8M | 819.7M | 804.6M | 789.5M |
2008 | 0 | 0 | 0 | 849.8M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Oct 31, 2023 | rassieur benjamin f iii | acquired | 13,508 | 43.86 | 308 | - |
Oct 31, 2023 | walker kimberly g | acquired | 13,508 | 43.86 | 308 | - |
Oct 31, 2023 | devanny earl h iii | acquired | 12,500 | 43.86 | 285 | - |
Oct 31, 2023 | schnuck todd r | acquired | 13,508 | 43.86 | 308 | - |
Oct 31, 2023 | brauer blackford f | acquired | 13,508 | 43.86 | 308 | - |
Oct 31, 2023 | daniel karen l | acquired | 13,465 | 43.86 | 307 | - |
Oct 31, 2023 | bassham terry d | acquired | 12,500 | 43.86 | 285 | - |
Oct 31, 2023 | taylor-broughton christine b | acquired | 12,500 | 43.86 | 285 | - |
Oct 31, 2023 | fowler june mcallister | acquired | 12,500 | 43.86 | 285 | - |
Oct 31, 2023 | chapman william kyle | acquired | 12,500 | 43.86 | 285 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Dec 04, 2023 | Trust Co | unchanged | - | -1,317 | 87,755 | 0.01% |
Dec 04, 2023 | TUCKER ASSET MANAGEMENT LLC | reduced | -45.31 | -1,438 | 1,679 | -% |
Nov 30, 2023 | Neo Ivy Capital Management | sold off | -100 | -580,000 | - | -% |
Nov 28, 2023 | IMA Wealth, Inc. | unchanged | - | -301 | 20,056 | -% |
Nov 27, 2023 | USA FINANCIAL FORMULAS | unchanged | - | -16.00 | 1,104 | -% |
Nov 24, 2023 | DEUTSCHE BANK AG\ | reduced | -83.7 | -2,045,520 | 391,229 | -% |
Nov 22, 2023 | KBC Group NV | unchanged | - | - | 442,000 | -% |
Nov 22, 2023 | Graham Capital Management, L.P. | sold off | -100 | -2,953,410 | - | -% |
Nov 21, 2023 | Walleye Trading LLC | new | - | 1,202,810 | 1,202,810 | -% |
Nov 21, 2023 | COMERICA BANK | reduced | -78.89 | 2,688,440 | 2,689,440 | 0.01% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 14, 2023 | aristotle capital management, llc | 7.49% | 9,386,523 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.66% | 12,100,988 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.6% | 10,717,056 | SC 13G/A | |
Feb 01, 2023 | state street corp | 4.98% | 6,236,585 | SC 13G/A | |
Feb 14, 2022 | aristotle capital management, llc | 8.04% | 9,804,204 | SC 13G/A | |
Feb 10, 2022 | state street corp | 5.01% | 6,112,417 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 9.17% | 11,182,475 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 8.8% | 10,179,897 | SC 13G/A | |
Feb 12, 2021 | state street corp | 4.42% | 5,172,770 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.90% | 10,425,329 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Dec 06, 2023 | 4 | Insider Trading | |
Nov 14, 2023 | 13F-NT | 13F-NT | |
Nov 06, 2023 | 10-Q | Quarterly Report | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading | |
Nov 02, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 460.4B | 154.1B | 8.54% | 18.84% | 8.98 | 2.99 | 24.85% | 38.27% |
BAC | 242.0B | 142.1B | 7.80% | -6.85% | 7.93 | 1.7 | 104.30% | 11.29% |
WFC | 162.3B | 94.4B | 7.57% | 2.47% | 8.84 | 1.72 | 34.62% | 12.81% |
C | 93.0B | 119.9B | 13.84% | 7.45% | 6.85 | 0.78 | 86.46% | - |
CFG | 13.4B | 9.8B | 11.26% | -26.88% | 6.47 | 1.37 | 62.73% | 6.26% |
KEY | 12.0B | 7.6B | 15.08% | -23.56% | 9.27 | 1.59 | 57.10% | -39.78% |
MID-CAP | ||||||||
ZION | 5.5B | 3.7B | 8.69% | -20.57% | 6.57 | 1.47 | 53.61% | 0.24% |
CMA | 5.1B | 4.0B | 10.80% | -25.48% | 3.95 | 1.61 | 76.30% | 16.42% |
ABCB | 3.2B | 1.2B | 10.93% | -8.81% | 11.08 | 2.59 | 53.00% | -17.58% |
ASB | 2.9B | 1.9B | 8.83% | -18.01% | 7.49 | 1.49 | 57.80% | 14.45% |
SMALL-CAP | ||||||||
AROW | 458.1M | 154.1M | 12.86% | -22.38% | 13.3 | 2.97 | 26.24% | -26.76% |
AMNB | 456.2M | 115.7M | 2.14% | 14.76% | 15.15 | 3.94 | 24.10% | -20.09% |
ALRS | 373.3M | 155.7M | 5.38% | -18.45% | 9.99 | 2.4 | 47.34% | -10.62% |
ACNB | 341.0M | 96.3M | 14.42% | 6.23% | 9.02 | 3.54 | 19.08% | 25.77% |
ASRV | 52.3M | 58.7M | 16.92% | -24.00% | 17.9 | 0.89 | 25.03% | -65.02% |
Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 3.6% | 361 | 349 | 309 | 286 | 263 | 238 | 212 | 210 | 217 | 211 | 210 | 215 | 223 | 213 | 221 | 227 | 232 | 238 | 228 | 233 | 225 |
EBITDA Margin | -100.0% | - | 1.41* | 1.52* | 1.62* | 1.68* | 1.74* | 1.83* | 1.85* | 1.86* | 1.86* | 1.66* | 1.51* | 1.44* | 1.38* | 1.45* | - | - | - | - | - | - |
Interest Expenses | -100.0% | - | 250 | 252 | 255 | 246 | 232 | 209 | 208 | 214 | 208 | 206 | 210 | 216 | 203 | 201 | 203 | 204 | 212 | 203 | 212 | 208 |
Income Taxes | -7.1% | 33.00 | 36.00 | 33.00 | 34.00 | 34.00 | 32.00 | 32.00 | 34.00 | 35.00 | 45.00 | 32.00 | 33.00 | 34.00 | 10.00 | 10.00 | 28.00 | 29.00 | 29.00 | 23.00 | 27.00 | 27.00 |
Earnings Before Taxes | -6.2% | 156 | 166 | 153 | 168 | 160 | 152 | 152 | 149 | 160 | 211 | 165 | 165 | 168 | 48.00 | 60.00 | 135 | 139 | 137 | 120 | 137 | 141 |
EBT Margin | -100.0% | - | 0.54* | 0.58* | 0.63* | 0.66* | 0.70* | 0.79* | 0.81* | 0.82* | 0.83* | 0.64* | 0.51* | 0.47* | 0.43* | 0.51* | - | - | - | - | - | - |
Net Income | -5.6% | 121 | 128 | 119 | 132 | 123 | 116 | 118 | 115 | 123 | 162 | 131 | 130 | 132 | 40.00 | 52.00 | 107 | 109 | 108 | 97.00 | 110 | 113 |
Net Income Margin | -100.0% | - | 0.42* | 0.45* | 0.49* | 0.51* | 0.54* | 0.61* | 0.63* | 0.64* | 0.65* | 0.50* | 0.41* | 0.37* | 0.34* | 0.41* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 73.00 | 96.00 | 71.00 | 166 | 148 | 109 | 92.00 | 143 | 114 | 191 | 148 | 227 | 144 | 72.00 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -4.4% | 31,377 | 32,831 | 32,005 | 31,876 | 32,603 | 33,435 | 34,987 | 36,689 | 34,498 | 33,856 | 33,270 | 32,923 | 31,454 | 30,496 | 26,793 | 26,066 | 25,876 | 25,772 | 25,033 | 25,464 | 25,062 |
Cash Equivalents | -24.8% | 2,209 | 2,938 | 1,720 | 898 | 1,009 | 1,072 | 1,606 | 4,297 | 2,252 | 2,546 | 2,381 | 2,208 | 1,557 | 1,818 | 900 | 908 | 884 | 961 | 606 | 1,209 | 805 |
Net PPE | 2.1% | 461 | 452 | 428 | 419 | 408 | 398 | 394 | 389 | 377 | 372 | 372 | 371 | 378 | 369 | 370 | 371 | 366 | 364 | 363 | 333 | 332 |
Goodwill | 0.1% | 147 | 146 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 | 139 |
Liabilities | -4.5% | 28,777 | 30,146 | 29,322 | 29,394 | 30,231 | 30,760 | 32,013 | 33,241 | 31,006 | 30,362 | 29,952 | 29,523 | 28,148 | 27,138 | 23,541 | 22,927 | 22,770 | 22,601 | 21,990 | 22,527 | 22,255 |
Shareholder's Equity | -2.6% | 2,599 | 2,667 | 2,682 | 2,465 | 2,352 | 2,675 | 2,973 | 3,448 | 3,491 | 3,494 | 3,317 | 3,400 | 3,306 | 3,358 | 3,252 | 3,138 | 3,106 | 3,171 | 3,043 | 2,937 | 2,808 |
Retained Earnings | 41.1% | 298 | 211 | 117 | 32.00 | 353 | 262 | 179 | 92.00 | 397 | 305 | 173 | 73.00 | 327 | 232 | 225 | 202 | 463 | 384 | 307 | 241 | 494 |
Additional Paid-In Capital | 0.1% | 2,924 | 2,921 | 2,919 | 2,933 | 2,684 | 2,682 | 2,678 | 2,690 | 2,428 | 2,424 | 2,420 | 2,436 | 2,140 | 2,137 | 2,134 | 2,151 | 2,043 | 2,077 | 2,075 | 2,085 | 1,804 |
Minority Interest | -0.1% | 18.00 | 18.00 | 17.00 | 16.00 | 20.00 | 16.00 | 13.00 | 11.00 | 11.00 | 8.00 | 5.00 | 3.00 | 1.00 | 0.00 | 1.00 | 4.00 | 3.00 | 3.00 | 5.00 | 6.00 | 5.00 |
Cashflow (Quarterly) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | 40.1% | 147 | 105 | 116 | 90.00 | 184 | 162 | 125 | 112 | 159 | 126 | 202 | 152 | 243 | 150 | 80.00 | 135 | 126 | 110 | 142 | 106 | 159 |
Share Based Compensation | 10.6% | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
Cashflow From Investing | 128.6% | 578 | 253 | 888 | 489 | 552 | 708 | -1,507 | -453 | -932 | -368 | -327 | -947 | -1,503 | -2,657 | -281 | -275 | -306 | -116 | -31.32 | 36.00 | -379 |
Cashflow From Financing | -268.9% | -1,454 | 861 | -181 | -690 | -798 | -1,403 | -1,308 | 2,388 | 479 | 408 | 299 | 1,447 | 1,000 | 3,427 | 194 | 164 | 104 | 362 | -713 | 262 | 479 |
Dividend Payments | -0.3% | 34.00 | 34.00 | 34.00 | 32.00 | 32.00 | 32.00 | 32.00 | 30.00 | 31.00 | 31.00 | 31.00 | 30.00 | 30.00 | 30.00 | 30.00 | 28.00 | 28.00 | 29.00 | 29.00 | 25.00 | 25.00 |
Buy Backs | 6182.4% | 20.00 | 0.00 | 36.00 | 23.00 | 50.00 | 57.00 | 56.00 | 49.00 | 40.00 | 14.00 | 26.00 | 0.00 | 0.00 | 0.00 | 53.00 | 15.00 | 34.00 | 46.00 | 40.00 | 36.00 | 21.00 |
Consolidated Statements Of Income - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||||
INTEREST INCOME | ||||||||
Interest and fees on loans | $ 256,242 | $ 171,272 | $ 721,385 | $ 445,873 | ||||
Interest and fees on loans held for sale | 152 | 159 | 448 | 470 | ||||
Interest on investment securities | 69,245 | 79,586 | 214,091 | 241,326 | ||||
Interest on federal funds sold and short-term securities purchased under agreements to resell | 45 | 94 | 639 | 114 | ||||
Interest on Long-Term Securities Purchased Under Agreements To Resell | 3,740 | 5,984 | 11,791 | 15,669 | ||||
Interest on deposits with banks | 31,738 | 5,571 | 70,328 | 9,150 | ||||
Total interest income | 361,162 | 262,666 | 1,018,682 | 712,602 | ||||
INTEREST EXPENSE | ||||||||
Savings, interest checking and money market | 43,795 | 7,545 | 93,992 | 11,583 | ||||
Certificates of deposit of less than $100,000 | 15,499 | 411 | 27,049 | 755 | ||||
Certificates of deposit of $100,000 and over | 18,942 | 871 | 39,985 | 1,768 | ||||
Interest Expense, Federal Funds Purchased | 6,833 | 315 | 18,816 | 546 | ||||
Interest Expense, Securities Sold under Agreements to Repurchase | 18,431 | 7,576 | 52,940 | 10,960 | ||||
Interest on other borrowings | 9,115 | (425) | 36,192 | (554) | ||||
Total interest expense | 112,615 | 16,293 | 268,974 | 25,058 | ||||
Net interest income | 248,547 | 246,373 | 749,708 | 687,544 | ||||
Provision for credit losses | 11,645 | 15,290 | 29,572 | 12,594 | ||||
Net interest income after credit losses | 236,902 | 231,083 | 720,136 | 674,950 | ||||
NON-INTEREST INCOME | ||||||||
Bank card transaction fees | 46,899 | 45,638 | 143,278 | 131,556 | ||||
Trust fee revenue | 49,207 | 45,406 | 141,800 | 140,009 | ||||
Deposit account charges and other fees | 23,090 | 24,521 | 67,475 | 72,392 | ||||
Consumer brokerage services | 3,820 | 5,085 | 13,582 | 14,599 | ||||
Capital market fees | 2,410 | 3,393 | 8,311 | 10,845 | ||||
Loan fees and sales | 2,966 | 3,094 | 8,290 | 10,575 | ||||
Other | 14,557 | 11,377 | 45,430 | 29,734 | ||||
Total non-interest income | 142,949 | 138,514 | 428,166 | 409,710 | ||||
INVESTMENT SECURITIES GAINS (LOSSES), NET | ||||||||
INVESTMENT SECURITIES GAINS (LOSSES), NET | 4,298 | 3,410 | 7,384 | [1] | 11,602 | [1] | ||
NON-INTEREST EXPENSE | ||||||||
Salaries and employee benefits | 146,805 | 137,393 | 436,607 | 415,589 | ||||
Data processing and software | 30,744 | 28,050 | 87,617 | 82,701 | ||||
Net occupancy | 13,948 | 12,544 | 39,702 | 37,343 | ||||
Marketing | 6,167 | 6,228 | 18,006 | 18,408 | ||||
Equipment | 4,697 | 5,036 | 14,411 | 14,338 | ||||
Supplies and communication | 4,963 | 4,581 | 14,178 | 13,655 | ||||
Other | 20,686 | 19,052 | 69,207 | 50,003 | ||||
Total non-interest expense | 228,010 | 212,884 | 679,728 | 632,037 | ||||
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | 156,139 | 160,123 | 475,958 | 464,225 | ||||
Less income taxes | 33,439 | 33,936 | 102,242 | 97,859 | ||||
Net income | 122,700 | 126,187 | 373,716 | 366,366 | ||||
Less non-controlling interest expense (income) | 2,104 | 3,364 | 5,879 | 9,595 | ||||
Net income attributable to Commerce Bancshares, Inc. | $ 120,596 | $ 122,823 | $ 367,837 | $ 356,771 | ||||
Net income per common share — basic | $ 0.96 | $ 0.97 | $ 2.94 | $ 2.81 | ||||
Net income per common share — diluted | $ 0.96 | $ 0.97 | $ 2.93 | $ 2.81 | ||||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Loans | $ 17,129,326 | $ 16,303,131 |
Financing Receivable, Allowance for Credit Loss | (162,244) | (150,136) |
Net loans | 16,967,082 | 16,152,995 |
Loans held for sale | 5,120 | 4,964 |
Investment securities: | ||
Available for sale debt securities | 9,860,828 | 12,238,316 |
Debt Securities, Trading | 35,564 | 43,523 |
Equity Securities | 12,212 | 12,304 |
Other | 230,792 | 225,034 |
Investments, Total | 10,139,396 | 12,519,177 |
Federal Funds Sold | 2,735 | 49,505 |
Securities purchased under agreements to resell | 450,000 | 825,000 |
Interest earning deposits with banks | 1,847,641 | 389,140 |
Cash and due from banks | 358,010 | 452,496 |
Premises and equipment, net | 460,830 | 418,909 |
Goodwill | 146,539 | 138,921 |
Other intangible assets, net | 14,432 | 15,234 |
Other assets | 984,907 | 909,590 |
Total assets | 31,376,692 | 31,875,931 |
Deposits: | ||
Non-interest bearing | 7,961,402 | 10,066,356 |
Savings, interest checking and money market | 14,154,275 | 15,126,981 |
Certificates of deposit of less than $100,000 | 1,210,169 | 387,336 |
Certificates of deposit of $100,000 and over | 1,764,611 | 606,767 |
Total deposits | 25,090,457 | 26,187,440 |
Federal funds purchased and securities sold under agreements to repurchase | 2,745,181 | 2,841,734 |
Other borrowings | 503,589 | 9,672 |
Other liabilities | 438,199 | 355,508 |
Total liabilities | 28,777,426 | 29,394,354 |
Commerce Bancshares, Inc. stockholders' equity: | ||
Common stock | 629,319 | 629,319 |
Capital surplus | 2,924,211 | 2,932,959 |
Retained earnings | 298,297 | 31,620 |
Treasury stock, at cost | (76,888) | (41,743) |
Accumulated Other Comprehensive Income (Loss) | (1,193,534) | (1,086,864) |
Total Commerce Bancshares, Inc. stockholders' equity | 2,581,405 | 2,465,291 |
Non-controlling interest | 17,861 | 16,286 |
Total equity | 2,599,266 | 2,481,577 |
Total liabilities and equity | $ 31,376,692 | $ 31,875,931 |
 CEO | Mr. John W. Kemper |
---|---|
 WEBSITE | www.commercebank.com |
 EMPLOYEES | 4680 |