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Commerce Bancshares, Inc. (CBSH) Stock Analysis

Recovery setup

SellVALUE-TRAP 1/5Moderate Confidence

Financial Services · Banks - Regional

Sell if holding. Analyst target reached at $51.76 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Below 200-MA, MA slope -2.9%/30d (confirmed downtrend).

Commerce Bancshares is a Missouri-based bank holding company owning Commerce Bank, providing retail, mortgage, corporate, investment, trust, and asset management services through 140 branches. With $32.9B in assets at Dec 31, 2025, the bank operates primarily in Missouri,... Read more

$51.76-1.2% A.UpsideScore 5.4/10#109 of 142 Banks - Regional
Stop $49.66Target $51.14(resistance)A.R:R -0.3:1
Analyst target$58.56+13.1%8 analysts
$51.14our TP
$51.76price
$58.56mean
$69

Sell if holding. Analyst target reached at $51.76 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Below 200-MA, MA slope -2.9%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 59. Score 5.4/10, moderate confidence.

Passes 5/7 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 75d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: moderate.

Thesis

Rewards
Strong earnings beat streak (3/4)
Risks
Analyst target reached - limited upside remaining
Below 200-MA, MA slope -2.9%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)12.6
P/E (Fwd)11.8
Mkt Cap$7.5B
EV/EBITDA
Profit Mgn32.3%
ROE14.9%
Rev Growth17.3%
Beta0.59
Dividend2.15%
Rating analysts15

Quality Signals

Piotroski F7/9

Options Flow

P/C0.16bullish
IV46%normal
Max Pain$30-42.0% vs spot

Concentration Risks(10-K Item 1A)

  • MEDIUMGeographicMissouri, Kansas, central Illinois, Oklahoma, Colorado
    10-K Item 1A: 'the Company provides financial services primarily throughout the states of Missouri, Kansas, central Illinois, Oklahoma, and Colorado'

Material Events(8-K, last 90d)

  • 2026-03-30Item 5.02LOW
    Paul A. Steiner (Corporate Controller and Chief Accounting Officer) resigned to pursue other opportunities, effective July 7, 2026. Successor: Steven A. Brandjord named as Corporate Controller and Chief Accounting Officer effective May 2026. No disagreement cited.
    SEC filing →
  • 2026-02-09Item 5.02LOW
    Compensation and Human Resources Committee approved 2026 base salaries, 2025 performance bonuses, and long-term equity awards (RSUs) for CEO John W. Kemper and other named executive officers. Routine annual compensatory arrangements.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

1 floor-breaker

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

Bollinger
1.0
Support Resistance
1.2
52w Position
6.1
GatesA.R:R -0.3=NEGATIVEDeath cross (50MA < 200MA)Momentum 5.8>=5.5Insider activity: OKNo SEC red flagsEARNINGS PROXIMITY 75d clearSEMI CYCLE PEAK CLEARRecoverySuitability: Moderate
RSI
59 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $48.74Resistance $52.18

Price Targets

$50
$51
A.Upside-1.2%
A.R:R-0.3:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-1.6% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-15 (75d)

Verdict History

reverse chrono — latest first
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Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is CBSH stock a buy right now?

Sell if holding. Analyst target reached at $51.76 — A.R:R is negative (-0.3) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Below 200-MA, MA slope -2.9%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 59. Prior stop was $49.66. Score 5.4/10, moderate confidence.

What is the CBSH stock price target?

Take-profit target: $51.14 (-1.2% upside). Prior stop was $49.66. Stop-loss: $49.66.

What are the risks of investing in CBSH?

Analyst target reached - limited upside remaining; Below 200-MA, MA slope -2.9%/30d (confirmed downtrend).

Is CBSH overvalued or undervalued?

Commerce Bancshares, Inc. trades at a P/E of 12.6 (forward 11.8). TrendMatrix value score: 6.4/10. Verdict: Sell.

What do analysts say about CBSH?

15 analysts cover CBSH with a consensus score of 3.5/5. Average price target: $59.

What does Commerce Bancshares, Inc. do?Commerce Bancshares is a Missouri-based bank holding company owning Commerce Bank, providing retail, mortgage,...

Commerce Bancshares is a Missouri-based bank holding company owning Commerce Bank, providing retail, mortgage, corporate, investment, trust, and asset management services through 140 branches. With $32.9B in assets at Dec 31, 2025, the bank operates primarily in Missouri, Kansas, Illinois, Oklahoma, and Colorado; net interest income represents 63% of total revenue.

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