CBSH

A month has gone by since the last earnings report for UMB Financial (UMBF). Shares have added about 6.1% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is UMB due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for UMB Financial Corporation before we dive into how investors and analysts have reacted as of late. UMB Financial reported first-quarter 2026 operating earnings per share of $3.41, beating the Zacks Consensus Estimate of $2.82. The bottom line also increased from $2.58 in the year-ago quarter. The company delivered a strong quarterly performance, supported by solid growth in net interest income, higher non-interest income and continued loan growth. Lower non-interest expenses and improved efficiency further supported results. Net income (GAAP basis) available to common shareholders for UMBF was $255.6 million in the first quarter, soaring 222.3% from the year-ago quarter. Quarterly revenues were $747.9 million, rising 30.9% year over year. The metric beat the Zacks Consensus Estimate by 5.9%. NII was $534.4 million, up 34.4% from the prior-year quarter and 2.3% sequentially. On a fully-taxable-equivalent basis, the net interest margin was 3.38%, up 42 basis points year over year and nine basis points sequentially. The increase was primarily led by lower yields on interest-bearing deposits due to mix shift and repricing of deposits following the reduction in short-term interest rates. Non-interest income was $204.8 million, up 23.2% year over year. The increase was primarily driven by higher trust and securities processing income, investment securities gains, other income, brokerage income, bankcard income and service charges on deposit accounts. Non-interest expenses were $380.9 million, down 1% year over year. First-quarter 2026 expenses included $4.4 million in total acquisition-related and other non-recurring costs. Operating non-interest expenses (adjusted basis) were $375.4 million, up 13.6% year over year. The efficiency ratio improved to 48.4% from the prior-year quarter’s 65.2%. A decline in the efficiency ratio indicates an increase in profitability. Average loans for the first quarter were $39.4 billion, up 2.7% sequentially and 21.9% from the prior-year quarter. End-of...

It has been about a month since the last earnings report for Commerce Bancshares (CBSH). Shares have added about 3.3% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Commerce due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers. Commerce Bancshares’ first-quarter 2026 earnings of 96 cents per share surpassed the Zacks Consensus Estimate of 94 cents. The bottom line reflected a rise of 3.2% from the prior-year quarter. Results benefited from higher net interest income (NII), a rise in non-interest income and lower provisions. The sequential rise in loans and deposits acted as a tailwind. However, higher expenses hurt the results to some extent. Probably because of this, CBSH shares fell 1.6% following the earnings release.Net income attributable to Commerce Bancshares was $141.6 million, up 7.6% year over year. Our estimate for the metric was $132 million. Total revenues were $475.7 million, up 11.1% year over year. The top line outpaced the Zacks Consensus Estimate of $473.6 million.NII was $299.8 million, rising 11.4% from the year-ago quarter. Net yield on interest-earning assets was 3.59%, increasing 3 basis points (bps) year over year. Our estimates for NII and net yield on interest-earning assets were $288 million and 3.60%, respectively.Non-interest income was $175.9 million, up 10.6% year over year. The rise was mainly driven by higher trust fees, deposit account charges and other fees, consumer brokerage services fees, and capital market fees. Our estimate for non-interest income was $175.2 million.Non-interest expenses increased 22.1% year over year to $291.1 million. The rise was due to improvements in all cost components. We had projected expenses of $272.8 million.Investment securities gains were $11.6 million against losses of $7.6 million in the prior-year quarter.The efficiency ratio increased to 60% from 55.61% in the year-ago quarter. A rise in the efficiency ratio indicates a deterioration in profitability. As of March 31, 2026, net loans were $20.26 billion, up from $17.59 billion as of Dec. 31, 2025. Total deposits were $28.38 billion, up from $25.64 billion at the end of the previous quarter. Our estimat...

Commerce Bancshares, Inc. recently reported first-quarter 2026 results showing higher net interest income and net income versus a year earlier, and its Board declared a quarterly dividend of US$0.275 per share payable in June 2026. The Board also expanded the company’s share repurchase authorization to a total of 7,500,000 shares, underscoring an emphasis on capital returns alongside ongoing integration of the FineMark National Bank & Trust acquisition. Next, we’ll examine how the enlarged share repurchase authorization shapes Commerce Bancshares’ investment narrative for income-focused and long-term investors. The future of work is here. Discover the 34 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. To own Commerce Bancshares, you have to be comfortable with a steady, conservative regional bank that leans into capital returns while managing through credit and integration risks. The latest quarter showed higher net interest income and net income year on year, and the Board paired another US$0.275 dividend with a larger buyback authorization of up to 7,500,000 shares. That combination should matter most for investors focused on total return, especially after a year where the stock has lagged both the market and the wider banks sector despite trading below some fair value estimates. At the same time, rising net loan charge offs and the ongoing FineMark integration remain key watchpoints. The new capital return moves do not erase those risks, but they help frame the near term catalysts more clearly. Commerce Bancshares' shares have been on the rise but are still potentially undervalued by 48%. Find out what it's worth. The Simply Wall St Community’s two fair value views for Commerce Bancshares span roughly US$58.56 to US$99.07 per share, underscoring how far apart individual expectations can be. Set those against the recent uptick in buybacks, dividend growth, and higher loan charge offs, and you can see why it pays to compare several perspectives before forming a view on the bank’s longer term performance. Explore 2 other fair value estimates on Commerce Bancshares - why the stock might be worth just $58.56! Don't just follow the ticker - dig into the data and build a conviction that's truly your own. A great starting point for your Commerce Bancshares research is our analysis highlighting 4 key rew...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Commerce Bancshares (CBSH) shares were in focus after Q1 2026 results showed revenue and earnings above analyst expectations, while net loan charge-offs and slightly softer net interest income gave investors more detail to assess. See our latest analysis for Commerce Bancshares. Commerce Bancshares' 1 month share price return of 5.2% contrasts with a 3.1% decline year to date and a 10.29% fall in 1 year total shareholder return, suggesting recent momentum has picked up after a weaker stretch, despite solid Q1 results and ongoing buybacks. If strong quarterly updates at banks have you reassessing your watchlist, this could be a good moment to look at 19 top founder-led companies With Commerce Bancshares trading at $50.60, an implied 14% discount to the average analyst target and a larger gap to one intrinsic value estimate, you have to ask: is there a mispricing here, or is the market already baking in future growth? On a P/E of 12.9x and a last close of $50.60, Commerce Bancshares screens as slightly expensive compared with both its own fair P/E estimate and the wider US banks peer group. The P/E multiple compares the current share price to earnings per share, so for a bank like CBSH it reflects what investors are currently willing to pay for each dollar of earnings. With earnings reported as having grown 2.5% per year over the past 5 years and forecast growth of about 3.9% per year, the market is attaching a price that sits just above the levels suggested by some valuation checks. CBSH is described as expensive versus the US Banks industry average P/E of 11.7x and also relative to an estimated fair P/E of 12.3x, implying the market is pricing earnings slightly higher than those reference points. Earnings growth over the past year of 5.7% did not outpace the wider industry, and return on equity of 13.5% is flagged as low under a 20% benchmark, which may limit the case for a premium multiple. Against that, the SWS DCF model indicates CBSH at $50.60 is trading below an estimated future cash flow value of $99.97, or about 49.4% under that fair value estimate, so investors weighing the P/E premium also have a very different signal from a cash flow based approach. Explore the SWS fair ratio for Commerce Bancshares Result: Price-to-Earnings of 12.9x (OVERVAL...

KANSAS CITY, Mo., April 21, 2026--(BUSINESS WIRE)--Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended March 31, 2026, compared to $.93 per share in the same quarter last year and $1.01 per share in the fourth quarter of 2025. Net income for the first quarter of 2026 amounted to $141.6 million, compared to $131.6 million in the first quarter of 2025 and $140.7 million in the prior quarter. In making this announcement, John Kemper, Chief Executive Officer, said, "We delivered a strong first quarter highlighted by solid profitability and continued momentum across our diversified fee businesses. This was also our first full quarter incorporating FineMark, a strategic investment that meaningfully enhances our private banking and wealth management capabilities and expands our presence in highly attractive growth markets. Our overall performance reflected the strength of our franchise, supported by resilient net interest income, continued trust fee growth, and solid returns across our core profitability measures. Mr. Kemper continued, "Our return on average assets remained solid at 1.62% while maintaining excellent credit quality, with non-accrual loans at just .05% of total loans. Non-interest income was $175.9 million and comprised 37% of total revenue." "We also remained focused on thoughtful capital deployment, returning excess capital to shareholders through the repurchase of more than $84 million of common stock this quarter while maintaining a conservative capital posture that underpins our long‑term strength and flexibility. As we look ahead, Commerce is well positioned to navigate an uncertain economic environment with discipline and confidence, balancing near‑term conditions with continued investment in long‑term growth. Our strategy remains centered on delivering consistent performance and creating durable, long‑term value for our shareholders." First Quarter 2026 Financial Highlights: On January 1, 2026, Commerce Bancshares, Inc. completed its acquisition of FineMark Holdings, Inc. Net interest income was $299.8 million, a $16.7 million increase over the prior quarter. The net yield on interest earning assets decreased one basis point to 3.59%. Non-interest income totaled $175.9 million, an increase of $16.9 million, or 10.6%, over the same quarter last year. Trust fees grew $14.5 million, or 25.5%, over the same p...

Commerce Bancshares (CBSH) reported Q1 earnings Tuesday of $0.96 per diluted share, up from $0.93 a

KANSAS CITY, Mo. (AP) — KANSAS CITY, Mo. (AP) — Commerce Bancshares Inc. (CBSH) on Tuesday reported first-quarter earnings of $141.6 million. The bank, based in Kansas City, Missouri, said it had earnings of 96 cents per share. The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 94 cents per share. The bank holding company posted revenue of $572.4 million in the period. Its revenue net of interest expense was $475.7 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $473.6 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBSH at https://www.zacks.com/ap/CBSH

Commerce Bancshares (CBSH) reported $475.69 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 11.1%. EPS of $0.96 for the same period compares to $0.98 a year ago. The reported revenue represents a surprise of +0.44% over the Zacks Consensus Estimate of $473.62 million. With the consensus EPS estimate being $0.94, the EPS surprise was +2.49%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Commerce performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 60% compared to the 58.2% average estimate based on four analysts. Net Interest Margin (Net yield on interest earning assets): 3.6% versus the four-analyst average estimate of 3.6%. Average total interest earning assets: $34.13 billion versus $33.56 billion estimated by three analysts on average. Annualized net loan charge-offs to total average loans: 0.3% versus the three-analyst average estimate of 0.2%. Book value per share: $29.64 compared to the $30.06 average estimate based on two analysts. Fully-taxable equivalent net interest income: $302.2 million versus $301.98 million estimated by four analysts on average. Total Non-Interest Income: $175.85 million versus the four-analyst average estimate of $176.89 million. Deposit account charges and other fees: $28.58 million compared to the $28.46 million average estimate based on three analysts. Net Interest Income: $299.84 million versus the three-analyst average estimate of $297.55 million. Trust fees: $71.05 million compared to the $70.12 million average estimate based on three analysts. Bank card transaction fees: $45.59 million versus $46.43 million estimated by three analysts on average. Consumer brokerage services: $5.44 million compared to the $5.27 million average estimate based on two analysts. View all Key Company Metrics for Commerce here>>> Shares of Commerc...

Commerce Bancshares (CBSH) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.94 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.49%. A quarter ago, it was expected that this bank holding company would post earnings of $0.99 per share when it actually produced earnings of $1.01, delivering a surprise of +2.02%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Commerce, which belongs to the Zacks Banks - Midwest industry, posted revenues of $475.69 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.44%. This compares to year-ago revenues of $428.05 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Commerce shares have lost about 1.8% since the beginning of the year versus the S&P 500's gain of 3.9%. While Commerce has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Commerce was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong B...

Wall Street analysts expect Commerce Bancshares (CBSH) to post quarterly earnings of $0.94 per share in its upcoming report, which indicates a year-over-year decline of 4.1%. Revenues are expected to be $473.62 million, up 10.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. Given this perspective, it's time to examine the average forecasts of specific Commerce metrics that are routinely monitored and predicted by Wall Street analysts. Analysts predict that the 'Efficiency Ratio' will reach 58.2%. The estimate is in contrast to the year-ago figure of 55.6%. Based on the collective assessment of analysts, 'Net Interest Margin (Net yield on interest earning assets)' should arrive at 3.6%. The estimate is in contrast to the year-ago figure of 3.6%. The consensus among analysts is that 'Tier I risk-based capital ratio' will reach 16.8%. The estimate compares to the year-ago value of 16.9%. The collective assessment of analysts points to an estimated 'Average total interest earning assets' of $33.56 billion. Compared to the current estimate, the company reported $30.90 billion in the same quarter of the previous year. The average prediction of analysts places 'Total risk-based capital ratio' at 17.5%. Compared to the current estimate, the company reported 17.7% in the same quarter of the previous year. The consensus estimate for 'Book value per share' stands at $30.06 . The estimate compares to the year-ago value of $26.19 . Analysts' assessment points toward 'Fully-taxable equivalent net interest income' reaching $301.98 million. Compared to...

Wall Street expects a year-over-year increase in earnings on higher revenues when QCR Holdings (QCRH) reports results for the quarter ended March 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on April 22, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $1.77 per share in its upcoming report, which represents a year-over-year change of +15.7%. Revenues are expected to be $93.65 million, up 21.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 1.36% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive powe...

The market expects Commerce Bancshares (CBSH) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.88 per share in its upcoming report, which represents a year-over-year change of -10.2%. Revenues are expected to be $473.62 million, up 10.7% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A posit...