Commerce Bancshares (CBSH) Stock Forecast, Price Target & Predictions
CBSH Stock Forecast
Commerce Bancshares stock forecast is as follows: an average price target of $60.20 (represents a -2.87% downside from CBSH’s last price of $61.98) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.
CBSH Price Target
The average price target for Commerce Bancshares (CBSH) is $60.20 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $66.00 to $54.00. This represents a potential -2.87% downside from CBSH's last price of $61.98.
CBSH Analyst Ratings
According to 8 Wall Street analysts, Commerce Bancshares's rating consensus is 'Hold'. The analyst rating breakdown for CBSH stock is 0 'Strong Buy' (0.00%), 1 'Buy' (12.50%), 7 'Hold' (87.50%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Commerce Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 05, 2024 | Manan Gosalia | Morgan Stanley | $66.00 | $61.00 | 8.20% | 6.49% |
| Jul 03, 2024 | Ken Usdin | Jefferies | $62.00 | $55.87 | 10.97% | 0.03% |
| Apr 17, 2024 | Nathan Race | Piper Sandler | $54.00 | $52.01 | 3.83% | -12.88% |
| Apr 17, 2024 | David Long | Raymond James | $61.00 | $52.01 | 17.29% | -1.58% |
| Apr 17, 2024 | Brandon Berman | Neuberger Berman | $58.00 | $52.01 | 11.52% | -6.42% |
| Sep 27, 2023 | Manan Gosalia | Morgan Stanley | $44.44 | $42.61 | 4.30% | -28.29% |
| Dec 07, 2022 | - | Morgan Stanley | $70.48 | $67.30 | 4.73% | 13.71% |
The latest Commerce Bancshares stock forecast, released on Aug 05, 2024 by Manan Gosalia from Morgan Stanley, set a price target of $66.00, which represents a 8.20% increase from the stock price at the time of the forecast ($61.00), and a 6.49% increase from CBSH last price ($61.98).
Commerce Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 6 |
| Avg Price Target | - | $64.00 | $57.57 |
| Last Closing Price | $61.98 | $61.98 | $61.98 |
| Upside/Downside | -100.00% | 3.26% | -7.12% |
In the current month, the average price target of Commerce Bancshares stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Commerce Bancshares's last price of $61.98. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 22, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 22, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 03, 2024 | Jefferies | Hold | Hold | Hold |
| May 10, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Apr 17, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Apr 17, 2024 | Raymond James | - | Outperform | Upgrade |
| Apr 17, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
| Sep 27, 2023 | Morgan Stanley | Equal-Weight | Underperform | Upgrade |
| Dec 07, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 25, 2022 | Zacks Investment Research | - | Hold | Downgrade |
Commerce Bancshares's last stock rating was published by Morgan Stanley on Jul 22, 2024. The company gave CBSH a "Equal-Weight" rating, the same as its previous rate.
Commerce Bancshares Financial Forecast
Commerce Bancshares Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $395.79M | $400.54M | $388.93M | $400.37M | $388.30M | - | $347.72M | $345.65M | $364.65M | $363.93M | $351.65M | $357.19M | $361.69M | $316.44M | $311.43M | $345.87M | $341.16M | $338.78M | $323.80M | $338.18M | $335.77M |
| Avg Forecast | $424.25M | $422.45M | $418.58M | $413.57M | $419.86M | $419.25M | $406.88M | $389.49M | $386.34M | $391.77M | $391.15M | $382.56M | $394.97M | $383.33M | $361.12M | $348.21M | $353.62M | $349.87M | $350.46M | $347.13M | $345.77M | $333.87M | $324.57M | $329.43M | $336.93M | $337.06M | $339.14M | $335.67M | $330.75M | $314.14M |
| High Forecast | $428.05M | $426.23M | $422.32M | $417.27M | $423.62M | $423.13M | $410.52M | $392.98M | $388.78M | $395.27M | $394.65M | $385.98M | $398.50M | $386.76M | $361.12M | $352.75M | $358.22M | $354.43M | $355.02M | $351.65M | $350.28M | $338.22M | $328.80M | $333.72M | $341.32M | $341.45M | $343.56M | $340.04M | $396.89M | $376.96M |
| Low Forecast | $420.36M | $418.57M | $414.73M | $409.77M | $416.01M | $412.49M | $403.14M | $385.92M | $382.77M | $388.17M | $387.56M | $379.04M | $391.34M | $379.81M | $361.12M | $341.28M | $346.57M | $342.90M | $343.48M | $340.21M | $338.89M | $327.22M | $318.11M | $322.87M | $330.22M | $330.35M | $332.39M | $328.98M | $264.60M | $251.31M |
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 14 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 16 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.01% | 1.02% | 1.02% | 1.01% | 1.01% | - | 1.00% | 0.98% | 1.04% | 1.04% | 1.01% | 1.03% | 1.08% | 0.97% | 0.95% | 1.03% | 1.01% | 1.00% | 0.96% | 1.02% | 1.07% |
Commerce Bancshares's average Quarter revenue forecast for Dec 23 based on 5 analysts is $386.34M, with a low forecast of $382.77M, and a high forecast of $388.78M. CBSH's average Quarter revenue forecast represents a -2.39% decrease compared to the company's last Quarter revenue of $395.79M (Sep 23).
Commerce Bancshares EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 14 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 16 |
| EBITDA | - | - | - | - | - | - | - | - | - | $154.03M | $163.78M | $209.50M | $209.37M | $184.76M | - | $164.86M | $162.80M | $171.20M | $221.83M | $178.38M | $179.24M | $185.12M | $70.53M | $93.03M | $169.52M | $177.01M | $173.98M | $154.34M | $166.66M | $165.86M |
| Avg Forecast | $149.79M | $149.16M | $147.79M | $146.02M | $148.24M | $148.03M | $143.66M | $179.08M | $136.41M | $138.32M | $138.11M | $162.80M | $139.45M | $178.90M | $127.50M | $148.00M | $162.80M | $162.64M | $143.54M | $148.33M | $146.83M | $84.36M | $96.65M | $111.64M | $175.29M | $166.95M | $170.07M | $163.31M | $162.91M | $154.43M |
| High Forecast | $151.13M | $150.49M | $149.11M | $147.33M | $149.57M | $149.40M | $144.94M | $214.90M | $137.27M | $139.56M | $139.34M | $195.36M | $140.70M | $214.68M | $127.50M | $177.60M | $195.36M | $195.16M | $172.25M | $178.00M | $176.19M | $101.23M | $115.98M | $133.96M | $210.35M | $200.34M | $204.08M | $195.98M | $195.49M | $185.31M |
| Low Forecast | $148.42M | $147.79M | $146.43M | $144.68M | $146.88M | $145.64M | $142.34M | $143.27M | $135.15M | $137.05M | $136.84M | $130.24M | $138.17M | $143.12M | $127.50M | $118.40M | $130.24M | $130.11M | $114.83M | $118.67M | $117.46M | $67.49M | $77.32M | $89.31M | $140.24M | $133.56M | $136.06M | $130.65M | $130.33M | $123.54M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.11% | 1.19% | 1.29% | 1.50% | 1.03% | - | 1.11% | 1.00% | 1.05% | 1.55% | 1.20% | 1.22% | 2.19% | 0.73% | 0.83% | 0.97% | 1.06% | 1.02% | 0.95% | 1.02% | 1.07% |
5 analysts predict CBSH's average Quarter EBITDA for Dec 23 to be $136.41M, with a high of $137.27M and a low of $135.15M. This is -11.44% lower than Commerce Bancshares's previous annual EBITDA (Sep 23) of $154.03M.
Commerce Bancshares Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 14 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 16 |
| Net Income | - | - | - | - | - | - | - | - | - | $120.60M | $127.79M | $119.45M | $131.63M | $122.82M | - | $118.15M | $115.36M | $122.56M | $162.33M | $130.97M | $129.89M | $132.45M | $39.86M | $51.86M | $106.88M | $109.24M | $107.97M | $97.14M | $109.65M | $112.58M |
| Avg Forecast | $127.24M | $127.25M | $124.36M | $119.41M | $125.72M | $129.90M | $121.05M | $128.34M | $105.62M | $114.13M | $115.14M | $116.68M | $125.49M | $128.08M | $110.48M | $106.07M | $114.91M | $116.43M | $105.03M | $108.91M | $106.40M | $60.36M | $54.63M | $62.23M | $110.52M | $103.04M | $105.54M | $102.79M | $107.19M | $104.81M |
| High Forecast | $128.72M | $128.73M | $125.81M | $120.80M | $127.18M | $136.39M | $122.46M | $154.01M | $112.06M | $115.45M | $116.48M | $140.01M | $126.95M | $153.69M | $110.48M | $127.28M | $137.89M | $139.72M | $126.04M | $130.70M | $127.68M | $72.43M | $65.55M | $74.67M | $132.63M | $123.64M | $126.65M | $123.34M | $128.63M | $125.77M |
| Low Forecast | $125.72M | $125.73M | $122.88M | $117.98M | $124.22M | $122.10M | $119.61M | $102.68M | $101.76M | $112.76M | $113.76M | $93.34M | $123.99M | $102.46M | $110.48M | $84.86M | $91.92M | $93.15M | $84.03M | $87.13M | $85.12M | $48.29M | $43.70M | $49.78M | $88.42M | $82.43M | $84.44M | $82.23M | $85.75M | $83.85M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.06% | 1.11% | 1.02% | 1.05% | 0.96% | - | 1.11% | 1.00% | 1.05% | 1.55% | 1.20% | 1.22% | 2.19% | 0.73% | 0.83% | 0.97% | 1.06% | 1.02% | 0.95% | 1.02% | 1.07% |
Commerce Bancshares's average Quarter net income forecast for Dec 23 is $105.62M, with a range of $101.76M to $112.06M. CBSH's average Quarter net income forecast represents a -12.42% decrease compared to the company's last Quarter net income of $120.60M (Sep 23).
Commerce Bancshares SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 14 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 16 |
| SG&A | - | - | - | - | - | - | - | - | - | $152.97M | $151.80M | $149.84M | $176.31M | $176.25M | - | $174.03M | $168.24M | $168.57M | $165.42M | $163.78M | $163.53M | $159.99M | $158.82M | $163.13M | $161.29M | $160.07M | $156.29M | $157.16M | $155.23M | $151.52M |
| Avg Forecast | $187.59M | $186.79M | $185.08M | $182.87M | $185.65M | $185.38M | $179.91M | $189.04M | $170.82M | $173.23M | $172.95M | $171.85M | $174.64M | $176.16M | $159.67M | $156.23M | $168.24M | $160.15M | $107.04M | $136.20M | $133.95M | $72.91M | $217.65M | $195.75M | $166.79M | $150.97M | $152.78M | $166.30M | $151.74M | $141.07M |
| High Forecast | $189.27M | $188.46M | $186.74M | $184.50M | $187.31M | $187.09M | $181.52M | $226.84M | $171.90M | $174.78M | $174.50M | $206.22M | $176.20M | $211.39M | $159.67M | $187.47M | $201.89M | $192.18M | $128.44M | $163.43M | $160.74M | $87.49M | $261.18M | $234.91M | $200.14M | $181.17M | $183.34M | $199.56M | $182.09M | $169.28M |
| Low Forecast | $185.87M | $185.08M | $183.38M | $181.19M | $183.94M | $182.39M | $178.26M | $151.23M | $169.25M | $171.63M | $171.36M | $137.48M | $173.04M | $140.93M | $159.67M | $124.98M | $134.59M | $128.12M | $85.63M | $108.96M | $107.16M | $58.33M | $174.12M | $156.60M | $133.43M | $120.78M | $122.22M | $133.04M | $121.39M | $112.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.88% | 0.88% | 0.87% | 1.01% | 1.00% | - | 1.11% | 1.00% | 1.05% | 1.55% | 1.20% | 1.22% | 2.19% | 0.73% | 0.83% | 0.97% | 1.06% | 1.02% | 0.95% | 1.02% | 1.07% |
Commerce Bancshares's average Quarter SG&A projection for Dec 23 is $170.82M, based on 5 Wall Street analysts, with a range of $169.25M to $171.90M. The forecast indicates a 11.67% rise compared to CBSH last annual SG&A of $152.97M (Sep 23).
Commerce Bancshares EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 4 | 5 | 4 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 14 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 16 |
| EPS | - | - | - | - | - | - | - | - | - | $0.96 | $1.03 | $0.95 | $1.05 | $0.98 | - | $0.92 | $0.90 | $0.95 | $1.25 | $1.02 | $1.01 | $1.03 | $0.31 | $0.40 | $0.82 | $0.82 | $0.81 | $0.72 | $0.81 | $0.82 |
| Avg Forecast | $0.99 | $0.99 | $0.97 | $0.93 | $0.98 | $1.01 | $0.94 | $0.80 | $0.82 | $0.89 | $0.90 | $0.88 | $0.98 | $0.94 | $0.86 | $0.80 | $0.86 | $0.85 | $0.88 | $0.82 | $0.80 | $0.58 | $0.45 | $0.45 | $0.72 | $0.72 | $0.74 | $0.71 | $0.87 | $0.81 |
| High Forecast | $1.00 | $1.00 | $0.98 | $0.94 | $0.99 | $1.06 | $0.95 | $0.81 | $0.87 | $0.90 | $0.91 | $0.89 | $0.99 | $0.95 | $0.86 | $0.81 | $0.88 | $0.87 | $0.89 | $0.84 | $0.81 | $0.59 | $0.46 | $0.46 | $0.73 | $0.73 | $0.75 | $0.72 | $1.04 | $0.97 |
| Low Forecast | $0.98 | $0.98 | $0.96 | $0.92 | $0.97 | $0.95 | $0.93 | $0.79 | $0.79 | $0.88 | $0.88 | $0.87 | $0.96 | $0.93 | $0.86 | $0.77 | $0.84 | $0.83 | $0.86 | $0.80 | $0.78 | $0.56 | $0.44 | $0.44 | $0.70 | $0.70 | $0.72 | $0.69 | $0.70 | $0.65 |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.08% | 1.15% | 1.08% | 1.08% | 1.04% | - | 1.16% | 1.04% | 1.12% | 1.43% | 1.23% | 1.26% | 1.77% | 0.68% | 0.88% | 1.15% | 1.14% | 1.10% | 1.01% | 0.93% | 1.02% |
According to 5 Wall Street analysts, Commerce Bancshares's projected average Quarter EPS for Dec 23 is $0.82, with a low estimate of $0.79 and a high estimate of $0.87. This represents a -14.45% decrease compared to CBSH previous annual EPS of $0.96 (Sep 23).
Commerce Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CFFN | Capitol Federal Financial | $5.84 | $7.00 | 19.86% | Hold |
| MRBK | Meridian | $11.42 | $13.00 | 13.84% | Hold |
| UBSI | United Bankshares | $37.10 | $41.00 | 10.51% | Hold |
| BFST | Business First Bancshares | $25.63 | $28.00 | 9.25% | Buy |
| FFIN | First Financial Bankshares | $36.77 | $39.00 | 6.06% | Hold |
| PB | Prosperity Bancshares | $72.52 | $76.43 | 5.39% | Buy |
| TCBI | Texas Capital Bancshares | $70.13 | $73.00 | 4.09% | Buy |
| BOKF | BOK Financial | $102.96 | $105.38 | 2.35% | Hold |
| NBTB | NBT Bancorp | $44.83 | $45.50 | 1.49% | Hold |
| FBNC | First Bancorp | $42.43 | $43.00 | 1.34% | Buy |
| GBCI | Glacier Bancorp | $44.35 | $44.25 | -0.23% | Hold |
| UMBF | UMB Financial | $105.12 | $104.67 | -0.43% | Hold |
| FFBC | First Financial Ban | $25.14 | $25.00 | -0.56% | Hold |
| CBSH | Commerce Bancshares | $61.98 | $60.20 | -2.87% | Hold |
| FMBH | First Mid Bancshares | $39.32 | $38.00 | -3.36% | Strong Buy |
| BANF | BancFirst | $104.72 | $95.00 | -9.28% | Sell |
| BHLB | Berkshire Hills Bancorp | $26.50 | $23.50 | -11.32% | Hold |
| FISI | Financial Institutions | $25.57 | $19.50 | -23.74% | Hold |
CBSH Forecast FAQ
Is Commerce Bancshares a good buy?
No, according to 8 Wall Street analysts, Commerce Bancshares (CBSH) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 12.50% of CBSH's total ratings.
What is CBSH's price target?
Commerce Bancshares (CBSH) average price target is $60.2 with a range of $54 to $66, implying a -2.87% from its last price of $61.98. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Commerce Bancshares stock go up soon?
According to Wall Street analysts' prediction for CBSH stock, the company can go down by -2.87% (from the last price of $61.98 to the average price target of $60.2), up by 6.49% based on the highest stock price target, and down by -12.88% based on the lowest stock price target.
Can Commerce Bancshares stock reach $90?
CBSH's average twelve months analyst stock price target of $60.2 does not support the claim that Commerce Bancshares can reach $90 in the near future.
What are Commerce Bancshares's analysts' financial forecasts?
Commerce Bancshares's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.64B (high $1.65B, low $1.62B), average EBITDA is $619.01M (high $658.81M, low $578.13M), average net income is $505.01M (high $540.05M, low $468.6M), average SG&A $739.97M (high $782.76M, low $695.82M), and average EPS is $3.73 (high $3.81, low $3.64). CBSH's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.68B (high $1.69B, low $1.66B), average EBITDA is $592.76M (high $598.07M, low $587.32M), average net income is $498.25M (high $504.05M, low $492.31M), average SG&A $742.33M (high $748.97M, low $735.51M), and average EPS is $3.87 (high $3.92, low $3.83).
Did the CBSH's actual financial results beat the analysts' financial forecasts?
Based on Commerce Bancshares's last annual report (Dec 2022), the company's revenue was $1.51B, beating the average analysts forecast of $1.49B by 1.45%. Apple's EBITDA was $724.41M, beating the average prediction of $593.86M by 21.98%. The company's net income was $488.4M, beating the average estimation of $470.11M by 3.89%. Apple's SG&A was $706.67M, beating the average forecast of $666.7M by 5.99%. Lastly, the company's EPS was $3.81, beating the average prediction of $3.56 by 6.88%. In terms of the last quarterly report (Sep 2023), Commerce Bancshares's revenue was $395.79M, beating the average analysts' forecast of $391.77M by 1.03%. The company's EBITDA was $154.04M, beating the average prediction of $138.32M by 11.36%. Commerce Bancshares's net income was $120.6M, beating the average estimation of $114.13M by 5.67%. The company's SG&A was $152.97M, missing the average forecast of $173.23M by -11.69%. Lastly, the company's EPS was $0.96, beating the average prediction of $0.887 by 8.18%