Commerce Bancshares, Inc. CBSH Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,331

Price:

--
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,331

Price:

$63.80
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-5,368

Price:

$63.87
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-613

Price:

$63.87
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

5,981

Price:

$47.53
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-5,981

Price:

--
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,331

Price:

$43.99
Aug 12, 2024 (filed on Aug 14, 2024)

Insider Name:

Kellerhals Patricia R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,500

Price:

$60.82
Aug 09, 2024 (filed on Aug 09, 2024)

Insider Name:

Rowe Margaret M

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Aug 09, 2024 (filed on Aug 09, 2024)

Insider Name:

Rowe Margaret M

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--

Filings by filing date

Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,331

Price:

--
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,331

Price:

$63.80
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

D - Disposition to issuer under Rule 16b-3(e)

# or value acquired/disposed of:

-5,368

Price:

$63.87
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-613

Price:

$63.87
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

5,981

Price:

$47.53
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-5,981

Price:

--
Sep 04, 2024 (filed on Sep 06, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,331

Price:

$43.99
Aug 12, 2024 (filed on Aug 14, 2024)

Insider Name:

Kellerhals Patricia R

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-1,500

Price:

$60.82
Jul 18, 2024 (filed on Aug 13, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

G - Gift

# or value acquired/disposed of:

-650

Price:

--
Feb 14, 2022 (filed on Aug 13, 2024)

Insider Name:

Handy John K

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

G - Gift

# or value acquired/disposed of:

-480

Price:

--

News

Biz Brief

Sector: Financials	Industry: Banks

See Regulatory Filings on SEC

Company Contact

Address:	1000 Walnut, P.O. Box 419248 KANSAS CITY MO 64141-6248
Tel:	1-314-7467485
Website:	https://www.commercebank.com
IR:	See website

Key People

David W. Kemper Executive Chairman of the Board	Richard W. Heise Senior Vice President	John W. Kemper President, Chief Executive Officer, Director
Charles G. Kim Chief Financial Officer, Executive Vice President	Kevin G. Barth Executive Vice President	John K. Handy Executive Vice President
Robert S. Holmes Executive Vice President	David L. Orf Chief Credit Officer, Executive Vice President	Paula S. Petersen Executive Vice President
Derrick R. Brooks Senior Vice President

Business Overview

Commerce Bancshares, Inc. is a bank holding company of Commerce Bank (the Bank). The Bank is engaged in the general banking business, providing a range of retail, mortgage banking, corporate, investment, trust, and asset management products and services. It operates over 257 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado. The Company's segments include Commercial, Consumer and Wealth. The Commercial segment offers corporate lending, merchant and commercial bank card products, payment solutions, leasing, and international services, as well as business and government deposit, investment, institutional brokerage and others. The Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, and consumer debit and credit bank card activities. The Wealth segment provides traditional trust and estate planning services, consumer brokerage services, and advisory and discretionary investment portfolio management services.

Financial Overview

For the six months ended 30 June 2024, Commerce Bancshares, Inc. interest income increased 11% to $728.1M. Net interest income after loan loss provision increased 4% to $501M. Net income applicable to common stockholders increased 2% to $249.9M. Net interest income after loan loss provision reflects Consumer segment increase of 12% to $236.5M, Net Interest Margin, Total -% increase of 8% to 3.44%.

Employees:	4,724 as of Jun 30, 2024

Reporting Currency:	U.S. Dollars
Enterprise value:	$10,121M as of Jun 30, 2024
Annual revenue (TTM):	$1,452M as of Jun 30, 2024
EBITDA (TTM):	$707.52M as of Jun 30, 2024
Net annual income (TTM):	$477.62M as of Jun 30, 2024
Free cash flow (TTM):	$357.71M as of Jun 30, 2024
Net Debt Last Fiscal Year:	$2,226M as of Jun 30, 2024
Shares outstanding:	128,917,831 as of Aug 1, 2024
Index Membership:	S&P 400 Mid Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization