(CBSH) Commerce Bancshares - Ratings and Ratios

Commerce Bancshares, Inc. is a bank holding company that provides a diverse range of financial products and services to individuals and businesses across the United States through its subsidiary, Commerce Bank. The companys business is segmented into Consumer, Commercial, and Wealth, allowing it to cater to various customer needs, from personal banking and consumer loans to corporate lending and investment management.

The Consumer segment is a significant contributor, offering an array of banking products, including deposits, loans for automobiles, homes, and other consumer purposes, as well as mortgage banking services. The Commercial segment serves businesses with corporate lending, leasing, and cash management services, while also providing securities safekeeping and bond accounting. The Wealth segment delivers comprehensive wealth management solutions, including trust services, investment portfolio management, and private banking.

With a history dating back to 1865, Commerce Bancshares has established itself as a reputable financial institution, headquartered in Kansas City, Missouri. Its extensive service offerings, including online and mobile banking, position it well to serve the evolving needs of its customers. The companys commitment to providing a broad spectrum of financial services underscores its strategy to be a one-stop financial solutions provider.

Analyzing the technical data, CBSHs last price is $63.45, slightly below its 20-day SMA of $63.71, indicating a potential short-term downward trend. However, it is above both its 50-day and 200-day SMAs, suggesting a longer-term uptrend. The ATR of 1.19 (1.87%) implies moderate volatility. Given the 52-week high and low of $69.91 and $49.57, respectively, CBSH has shown resilience in its stock price.

From a fundamental perspective, Commerce Bancshares has a market capitalization of $8.373 billion, with a P/E ratio of 15.57 and a forward P/E of 16.39, indicating a relatively stable valuation. The Return on Equity (RoE) of 16.33% is noteworthy, suggesting efficient use of shareholder equity. Combining technical and fundamental insights, a forecast for CBSH could involve a potential buy signal if it breaks above its 20-day SMA and sustains an uptrend, coupled with a strong RoE and reasonable P/E ratio, indicating both technical and fundamental strength.

Forecasting further, if CBSH maintains its current valuation multiples and continues to demonstrate a strong RoE, it could be poised for growth. A break above $69.91 (52-week high) could signal further upside potential, driven by both technical momentum and fundamental strength. Conversely, failure to sustain above key moving averages could indicate a pullback. Investors should monitor both technical indicators and fundamental performance for future direction.