Furthermore, the information in this Current Report on Form 8-K, including the exhibit, shall not be deemed to be incorporated by reference into the filings of Commerce Bancshares, Inc. under the Securities Act of 1933, as amended.
Commerce Bancshares, Inc.is a bank holding company of Commerce Bank (the Bank). The total value of its holdings increased 11.3%. It has underperformed by 33.62% the S&P500. Its up 0.10, from 1.1 in 2017Q1. Therefore 0 are positive. The dividend will be $0.225 per share for the quarter which is $0.90 annualized. Barclays PLC reissued an "equal weight" rating and set a $54.00 target price (down previously from $55.00) on shares of Commerce Bancshares in a research report on Wednesday, July 12th. Matarin Capital Limited Liability Co reported 0% of its portfolio in Commerce Bancshares, Inc.
The stock last traded at $24.78 barely above the 50 day moving average of $23.45 and just above the 200 day moving average of $23.19. Cliftonlarsonallen Wealth Advsrs Lc accumulated 17,202 shares or 0.11% of the stock. Following the completion of the sale, the director now owns 12,828 shares of the company's stock, valued at $703,230.96.
On August 10 the stock rating was downgraded to "Underperform" from "Market Perform" in an announcement from Raymond James.
Analysts had expected the company to earn $0.75 per share, according figures compiled by Thomson Reuters. Parametric Portfolio Associates Ltd Limited Liability Company has 0.01% invested in Commerce Bancshares, Inc. Moreover, Ameritas Ptnrs Inc has 0.09% invested in Commerce Bancshares, Inc. The firm has "Hold" rating given on Thursday, July 13 by Piper Jaffray. (NASDAQ:CBSH) has "Sell" rating given on Friday, September 15 by Keefe Bruyette & Woods. (NASDAQ:CBSH) for 176,290 shares. (NASDAQ:CBSH) for 4,723 shares. Ballentine Partners Ltd Liability has 8,882 shares for 0.04% of their portfolio. Jefferies Group has a "Hold" rating and a $61.00 price objective on the stock. Stephens maintained the stock with "Hold" rating in Friday, July 14 report. The firm has "Neutral" rating by UBS given on Thursday, October 6. As per Friday, September 22, the company rating was upgraded by UBS.
Analysts await Commerce Bancshares, Inc. CBSH's profit will be $76.17M for 19.36 P/E if the $0.75 EPS becomes a reality. Chicago Equity Prtn Ltd Llc owns 30,351 shares. The correct version of this piece of content can be viewed at https://weekherald.com/2017/10/13/jefferies-group-weighs-in-on-commerce-bancshares-inc-s-q1-2018-earnings-cbsh.html. The value of the total investment in Commerce Union Bancshares, Inc. increased from $0 to $25,000 a change of inf% since the last quarter. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.74 by ($0.03), Bloomberg Earnings reports.
Since April 28, 2017, it had 0 buys, and 3 selling transactions for $2.22 million activity. KIM CHARLES G sold 3,712 shares worth $205,329. Jefferies maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) on Monday, June 12 with "Sell" rating. Trust Department Mb Fincl Bank N A reported 259 shares.
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