Last 7 days
-1.3%
Last 30 days
-13.0%
Last 90 days
-13.2%
Trailing 12 Months
-20.3%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BNS | 56.4B | 40.0B | -7.13% | -31.27% | 5.3 | 1.79 | 34.99% | -10.60% |
MTB | 20.6B | 6.2B | -24.47% | -35.33% | 14.94 | 3.3 | 58.61% | -25.85% |
CFG | 15.0B | 7.1B | -27.24% | -35.42% | 7.24 | 2.13 | 45.54% | -10.61% |
MID-CAP | ||||||||
EWBC | 7.9B | 2.3B | -27.45% | -31.57% | 6.96 | 3.38 | 43.40% | 29.22% |
CBSH | 6.9B | 999.0M | -13.03% | -20.31% | 14.19 | 6.94 | 17.76% | -7.98% |
SIVB | 6.3B | 5.7B | -67.21% | -80.32% | 3.9 | 1.11 | 72.48% | -22.38% |
PB | 5.7B | 1.1B | -15.87% | -11.52% | 10.86 | 5.2 | 4.58% | 1.01% |
FFIN | 4.6B | 432.9M | -13.68% | -29.01% | 19.5 | 10.56 | 15.00% | 3.04% |
BPOP | 3.9B | 2.5B | -23.36% | -35.34% | 3.56 | 1.59 | 16.17% | 17.94% |
WAL | 3.7B | 2.7B | -53.87% | -59.97% | 3.46 | 1.36 | 62.28% | 17.58% |
SMALL-CAP | ||||||||
BANR | 1.9B | 450.9M | -14.93% | -8.52% | 9.52 | 4.12 | 1.16% | -2.82% |
SBCF | 1.8B | 380.5M | -19.90% | -31.74% | 16.43 | 4.6 | 51.31% | -14.39% |
HTLF | 1.7B | 674.7M | -21.41% | -20.26% | 7.78 | 2.45 | 14.59% | -3.52% |
LKFN | 1.6B | 239.6M | -10.34% | -14.83% | 15.62 | 6.77 | 23.99% | 8.44% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 8.2% | 999 | 923 | 877 | 850 | 848 |
EBITDA | 4.3% | 1,621 | 1,555 | 1,522 | 1,557 | - |
EBITDA Margin | -3.7% | 1.62* | 1.68* | 1.74* | 1.83* | - |
Earnings Before Taxes | 3.1% | 632 | 613 | 614 | 673 | 686 |
EBT Margin | -4.7% | 0.63* | 0.66* | 0.70* | 0.79* | - |
Interest Expenses | 5.2% | 942 | 895 | 863 | 838 | 835 |
Net Income | 3.5% | 488 | 472 | 471 | 518 | 531 |
Net Income Margin | -4.3% | 0.49* | 0.51* | 0.54* | 0.61* | - |
Free Cahsflow | -4.1% | 494 | 515 | 493 | 459 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -2.2% | 31,876 | 32,603 | 33,435 | 34,987 | 36,689 |
Cash Equivalents | -11.0% | 898 | 1,009 | 1,072 | 1,606 | 4,297 |
Net PPE | 2.7% | 419 | 408 | 398 | 394 | 389 |
Goodwill | 0% | 139 | 139 | 139 | 139 | 139 |
Liabilities | -2.8% | 29,394 | 30,231 | 30,760 | 32,013 | 33,241 |
Shareholder's Equity | 4.8% | 2,465 | 2,352 | 2,675 | 2,973 | 3,437 |
Retained Earnings | -91.1% | 32.00 | 353 | 262 | 179 | 92.00 |
Additional Paid-In Capital | 9.3% | 2,933 | 2,684 | 2,682 | 2,678 | 2,690 |
Minority Interest | -16.5% | 16.00 | 20.00 | 16.00 | 13.00 | 11.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -3.8% | 559 | 581 | 557 | 521 | 598 |
Share Based Compensation | 3.2% | 17.00 | 16.00 | 16.00 | 16.00 | 15.00 |
Cashflow From Investing | 134.6% | 242 | -701 | -2,186 | -3,262 | -2,082 |
Cashflow From Financing | -274.1% | -4,200 | -1,122 | 155 | 1,967 | 3,574 |
Dividend Payments | 0.9% | 127 | 126 | 125 | 124 | 123 |
Buy Backs | -12.2% | 187 | 213 | 203 | 159 | 129 |
40%
17.3%
0%
Y-axis is the maximum loss one would have experienced if Commerce Bancshares was unfortunately bought at previous high price.
6.2%
6.0%
1.9%
8.4%
FIve years rolling returns for Commerce Bancshares.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-23 | ETF MANAGERS GROUP, LLC | added | 9.55 | 80,552 | 715,552 | 0.03% |
2023-03-23 | MetLife Investment Management, LLC | added | 2.46 | 251,118 | 4,886,950 | 0.04% |
2023-03-17 | American Portfolios Advisors | unchanged | - | 57.00 | 7,410 | -% |
2023-03-13 | Claro Advisors LLC | added | 35.78 | 123,438 | 425,438 | 0.14% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -13.45 | -581,376 | 4,725,620 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 429 | 49,000 | 58,000 | -% |
2023-03-03 | TIAA, FSB | added | 3.55 | 17,933 | 293,933 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 39,140 | 39,140 | -% |
2023-02-28 | Voya Investment Management LLC | added | 2.39 | 645,462 | 12,724,500 | 0.02% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 14.84 | 193,000 | 1,251,000 | 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 | |
---|---|---|---|
Mar 13, 2023 | 4 | Insider Trading | |
Mar 10, 2023 | ARS | ARS | |
Mar 10, 2023 | DEF 14A | DEF 14A | |
Mar 10, 2023 | DEFA14A | DEFA14A | |
Mar 06, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-09 | KEMPER JONATHAN M | acquired | 675,962 | 23.955 | 28,218 | - |
2023-03-09 | KEMPER JONATHAN M | sold (taxes) | -337,527 | 61.66 | -5,474 | - |
2023-03-09 | KEMPER JONATHAN M | back to issuer | -675,979 | 61.66 | -10,963 | - |
2023-03-02 | Neff Douglas D | sold | -55,574 | 64.923 | -856 | senior vice president |
2023-03-02 | Brooks Derrick | acquired | 23,351 | 58.6732 | 398 | senior vice president |
2023-03-02 | Brooks Derrick | back to issuer | -23,438 | 65.47 | -358 | senior vice president |
2023-03-02 | Brooks Derrick | sold (taxes) | -785 | 65.47 | -12.00 | senior vice president |
2023-03-02 | Brooks Derrick | sold | -15,041 | 65.3957 | -230 | senior vice president |
2023-03-02 | STEINER PAUL A | acquired | - | - | 516 | controller |
2023-03-01 | Brooks Derrick | sold (taxes) | -5,517 | 65.68 | -84.00 | senior vice president |
Consolidated Statements Of Income - USD ($) $ in Thousands | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |||
INTEREST INCOME | |||||
Interest and fees on loans | $ 646,293 | $ 570,549 | $ 612,072 | ||
Interest on loans held for sale | 637 | 880 | 860 | ||
Interest on investment securities | 313,892 | 236,278 | 216,793 | ||
Interest on federal funds sold and short-term securities purchased under agreements to resell | 412 | 4 | 3 | ||
Interest on Long-Term Securities Purchased Under Agreements To Resell | 22,647 | 37,377 | 40,647 | ||
Interest on deposits with banks | 15,098 | 3,202 | 2,273 | ||
Total interest income | 998,979 | 848,290 | 872,648 | ||
INTEREST EXPENSE | |||||
Savings, interest checking and money market | 25,099 | 7,509 | 17,851 | ||
Certificates of deposit of less than $100,000 | 1,469 | 1,158 | 4,897 | ||
Certificates of deposit of $100,000 and over | 3,898 | 2,577 | 12,948 | ||
Interest on federal funds purchased and securities sold under agreements to repurchase | 25,858 | 1,646 | 6,091 | ||
Interest on other borrowings | 470 | (24) | 1,014 | ||
Total interest expense | 56,794 | 12,866 | 42,801 | ||
Net interest income | 942,185 | 835,424 | 829,847 | ||
Provision for loan losses | 28,071 | (66,326) | 137,190 | ||
Net interest income after provision for loan losses | 914,114 | 901,750 | 692,657 | ||
NON-INTEREST INCOME | |||||
Trust fees | 184,719 | 188,227 | 160,637 | ||
Bank card transaction fees | 176,144 | 167,891 | 151,797 | ||
Deposit account charges and other fees | 94,381 | 97,217 | 93,227 | ||
Consumer brokerage | 19,117 | 18,362 | 15,095 | ||
Capital market fees | 14,231 | 15,943 | 14,582 | ||
Loan fees and sales | 13,141 | 29,720 | 26,684 | ||
Other | 44,802 | 43,033 | 43,845 | ||
Total non-interest income | 546,535 | 560,393 | 505,867 | ||
INVESTMENT SECURITIES GAINS (LOSSES), NET | |||||
Investment securities gains (losses), net | [1] | 20,506 | 30,059 | 11,032 | |
NON-INTEREST EXPENSE | |||||
Salaries and employee benefits | 554,047 | 525,248 | 512,987 | ||
Data processing and software | 110,692 | 101,792 | 95,325 | ||
Net occupancy | 49,117 | 48,185 | 46,645 | ||
Equipment | 19,359 | 18,089 | 18,839 | ||
Supplies and communication | 18,101 | 17,118 | 17,419 | ||
Marketing | 23,827 | 21,856 | 19,734 | ||
Other | 73,634 | 73,613 | 57,429 | ||
Total non-interest expense | 848,777 | 805,901 | 768,378 | ||
Income before income taxes | 632,378 | 686,301 | 441,178 | ||
Less income taxes | 132,358 | 145,711 | 87,293 | ||
Net income | 500,020 | 540,590 | 353,885 | ||
Less non-controlling interest expense (income) | 11,621 | 9,825 | (172) | ||
NET INCOME ATTRIBUTABLE TO COMMERCE BANCSHARES, INC. | 488,399 | 530,765 | 354,057 | ||
Preferred stock dividends | 0 | 0 | 11,966 | ||
Net Income (Loss) Available to Common Stockholders, Basic | $ 488,399 | $ 530,765 | $ 342,091 | ||
Net income per common share - basic (in dollars per share) | $ 3.86 | $ 4.12 | $ 2.64 | ||
Net income per common share - diluted (in dollars per share) | $ 3.85 | $ 4.11 | $ 2.64 | ||
|
Consolidated Balance Sheets - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Loans | $ 16,303,131 | $ 15,176,359 |
Loans and Leases Receivable, Allowance | (150,136) | (150,044) |
Net loans | 16,152,995 | 15,026,315 |
Loans held for sale | 4,964 | 8,615 |
Investment securities: | ||
Debt Securities, Available-for-sale | 12,238,316 | 14,450,027 |
Trading | 43,523 | 46,235 |
Equity Securities, FV-NI and without Readily Determinable Fair Value | 12,304 | 9,202 |
Other Securities | 225,034 | 194,047 |
Total investment securities | 12,519,177 | 14,699,511 |
Federal funds sold | 49,505 | 2,800 |
Long Term Securities Purchased Under Agreements To Resell | 825,000 | 1,625,000 |
Interest-bearing Deposits in Banks and Other Financial Institutions | 389,140 | 3,971,217 |
Cash and due from banks | 452,496 | 305,539 |
Premises and equipment – net | 418,909 | 388,738 |
Goodwill | 138,921 | 138,921 |
Other intangible assets – net | 15,234 | 15,570 |
Other assets | 909,590 | 506,862 |
Total assets | 31,875,931 | 36,689,088 |
Deposits [Abstract] | ||
Non-interest bearing | 10,066,356 | 11,772,374 |
Savings, interest checking and money market | 15,126,981 | 16,598,085 |
Time open and C.D.’s of less than $100,000 | 387,336 | 435,960 |
Time open and C.D.'s of $100,000 and over | 606,767 | 1,006,654 |
Total deposits | 26,187,440 | 29,813,073 |
Federal funds purchased and securities sold under agreements to repurchase | 2,841,734 | 3,022,967 |
Other borrowings | 9,672 | 12,560 |
Other liabilities | 355,508 | 392,164 |
Total liabilities | 29,394,354 | 33,240,764 |
Commerce Bancshares, Inc. stockholders’ equity: | ||
Common stock, $5 par value | 629,319 | 610,804 |
Capital surplus | 2,932,959 | 2,689,894 |
Retained earnings | 31,620 | 92,493 |
Treasury Stock, Value | (41,743) | (32,973) |
Accumulated Other Comprehensive Income (Loss), Net of Tax | (1,086,864) | 77,080 |
Total Commerce Bancshares, Inc. stockholders’ equity | 2,465,291 | 3,437,298 |
Non-controlling interest | 16,286 | 11,026 |
Total equity | 2,481,577 | 3,448,324 |
Total liabilities and equity | $ 31,875,931 | $ 36,689,088 |