Commerce Fundamentals

CBSH
 Stock
  

USD 74.94  1.75  2.39%   

Commerce Bancshares fundamentals help investors to digest information that contributes to Commerce Bancshares' financial success or failures. It also enables traders to predict the movement of Commerce Stock. The fundamental analysis module provides a way to measure Commerce Bancshares' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Commerce Bancshares stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Commerce Bancshares Operating Expenses is most likely to increase significantly in the upcoming years. The last year's value of Operating Expenses was reported at 805.9 Million. The current Selling General and Administrative Expense is estimated to increase to about 641.3 M, while Consolidated Income is projected to decrease to roughly 477.9 M.

Commerce Cash and Equivalents Analysis

Commerce Bancshares' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Commerce Bancshares Cash and Equivalents

4.66 Billion

Cash 
 = 
Bank Deposits 
+  
Liquidities 
More About Cash and Equivalents | All Equity Analysis

Current Commerce Bancshares Cash and Equivalents

    
  2.32 B  
Most of Commerce Bancshares' fundamental indicators, such as Cash and Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Commerce Bancshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Commerce Cash and Equivalents Historical Pattern

Today, most investors in Commerce Bancshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Commerce Bancshares' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash and equivalents growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Commerce Bancshares cash and equivalents as a starting point in their analysis.
   Commerce Bancshares Cash and Equivalents   
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       Timeline  
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Compare to competition

Commerce Cash and Equivalents

Cash and Equivalents

4.66 Billion

Commerce Bancshares Cash and Equivalents is most likely to increase significantly in the upcoming years. The last year's value of Cash and Equivalents was reported at 4.32 Billion
In accordance with the recently published financial statements, Commerce Bancshares has 2.32 B in Cash and Equivalents. This is 93.13% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The cash and equivalents for all United States stocks is 14.14% higher than that of the company.

Commerce Bancshares Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Commerce Bancshares's current stock value. Our valuation model uses many indicators to compare Commerce Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Commerce Bancshares competition to find correlations between indicators driving Commerce Bancshares's intrinsic value. More Info.
Commerce Bancshares is rated second in debt to equity category among related companies. It is rated fourth in market capitalization category among related companies creating about  206,818,181,818  of Market Capitalization per Debt to Equity. Commerce Bancshares Market Capitalization is most likely to increase significantly in the upcoming years. The last year's value of Market Capitalization was reported at 7.99 Billion. Comparative valuation analysis is a catch-all model that can be used if you cannot value Commerce Bancshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Commerce Bancshares' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Commerce Bancshares' earnings, one of the primary drivers of an investment's value.

Commerce Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Commerce Bancshares' direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Commerce Bancshares could also be used in its relative valuation, which is a method of valuing Commerce Bancshares by comparing valuation metrics of similar companies.
Commerce Bancshares is currently under evaluation in gross profit category among related companies.

Commerce Bancshares Current Valuation Drivers

We derive many important indicators used in calculating different scores of Commerce Bancshares from analyzing Commerce Bancshares' financial statements. These drivers represent accounts that assess Commerce Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Commerce Bancshares' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee65.76 K89.04 K87.12 K76.96 K116.99 K126.22 K
Revenue Per Employee265.4 K285.49 K300.52 K302.04 K317.11 K274.3 K
Average Assets25.05 B24.92 B25.69 B30.42 B34.58 B32.74 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA469.62 M578.17 M571.45 M485.12 M721.34 M664.16 M
Earnings Before Interest Taxes and Depreciation Amortization USD469.62 M578.17 M571.45 M485.12 M721.34 M664.16 M
Earnings before Tax429.89 M539.49 M530.3 M441.35 M676.48 M616 M
Average Equity2.65 B2.8 B3.11 B3.33 B3.43 B3.33 B
Enterprise Value6.9 B7.07 B8.33 B7.45 B8.01 B7.85 B
Free Cash Flow398.89 M532.79 M472.25 M592.74 M549.87 M534.45 M
Invested Capital25.73 B26.08 B26.88 B32.69 B35.29 B33.89 B
Invested Capital Average25.83 B25.55 B26.69 B30.59 B33.97 B32.75 B
Market Capitalization5.96 B5.99 B7.29 B7.33 B7.99 B7.34 B
Tangible Asset Value24.69 B25.32 B25.92 B32.77 B36.53 B34.2 B

Commerce Bancshares ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Commerce Bancshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Commerce Bancshares' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Commerce Fundamentals

About Commerce Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Commerce Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Commerce Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Commerce Bancshares based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Revenues1.4 B1.3 B
Revenue to Assets 0.039214  0.0491 
Revenue Per Employee317.1 K274.3 K

Commerce Bancshares Investors Sentiment

The influence of Commerce Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Commerce. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Commerce Bancshares' public news can be used to forecast risks associated with investment in Commerce. The trend in average sentiment can be used to explain how an investor holding Commerce can time the market purely based on public headlines and social activities around Commerce Bancshares. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Commerce Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Commerce Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Commerce Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Commerce Bancshares.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Commerce Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Commerce Bancshares' short interest history, or implied volatility extrapolated from Commerce Bancshares options trading.

Pair Trading with Commerce Bancshares

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Commerce Bancshares position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Commerce Bancshares will appreciate offsetting losses from the drop in the long position's value.

Moving together with Commerce Bancshares

+0.65APAApa Corp Potential GrowthPairCorr
+0.75WFCWells Fargo Fiscal Year End 13th of January 2023 PairCorr
+0.74JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Commerce Bancshares could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Commerce Bancshares when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Commerce Bancshares - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Commerce Bancshares to buy it.
The correlation of Commerce Bancshares is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Commerce Bancshares moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Commerce Bancshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Commerce Bancshares can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Commerce Bancshares Piotroski F Score and Commerce Bancshares Altman Z Score analysis. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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Is Commerce Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commerce Bancshares. If investors know Commerce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commerce Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.025
Market Capitalization
8.9 B
Quarterly Revenue Growth YOY
0.003
Return On Assets
0.0144
Return On Equity
0.16
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Commerce Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.