Commerce Bancshares Inc (CBSH) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 26, 2020
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Commerce Bancshares Inc (CBSH, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Commerce Bancshares Inc is engaged in banking business, providing a range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses. Commerce Bancshares Inc has a market cap of $7.35 billion; its shares were traded at around $65.51 with a P/E ratio of 18.25 and P/S ratio of 5.63. The dividend yield of Commerce Bancshares Inc stocks is 1.51%. GuruFocus has detected 1 severe warning sign with Commerce Bancshares Inc. .

For the last quarter Commerce Bancshares Inc reported a revenue of $345.4 million, compared with the revenue of $337.7 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, an increase of 1.9% from last year. For the complete 30-year financial data, please go here.. For the last five years Commerce Bancshares Inc had an average revenue growth rate of 5.3% a year.

The reported diluted earnings per share was $3.58 for the year, a decline of 0.6% from the previous year. Over the last five years Commerce Bancshares Inc had an EPS growth rate of 13.9% a year. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Commerce Bancshares Inc has the cash and cash equivalents of $887.5 million, compared with $1.2 billion in the previous year. The long term debt was $2.42 million, compared with $8.70 million in the previous year. Commerce Bancshares Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $65.51, Commerce Bancshares Inc is traded at 42.5% premium to its historical median P/S valuation band of $45.96. The P/S ratio of the stock is 5.63, while the historical median P/S ratio is 3.95. The stock gained 11.33% during the past 12 months.

CEO Recent Trades:

  • President and CEO John W Kemper sold 7,798 shares of CBSH stock on 02/13/2020 at the average price of $70.52. The price of the stock has decreased by 7.1% since.
  • President and CEO John W Kemper sold 3,239 shares of CBSH stock on 02/11/2020 at the average price of $71.14. The price of the stock has decreased by 7.91% since.
  • President and CEO John W Kemper sold 10,960 shares of CBSH stock on 01/28/2020 at the average price of $68.37. The price of the stock has decreased by 4.18% since.

CFO Recent Trades:

  • Exec. Vice President and CFO Charles G Kim sold 7,258 shares of CBSH stock on 01/28/2020 at the average price of $68.25. The price of the stock has decreased by 4.01% since.

Directors and Officers Recent Trades:

  • Senior Vice President Patricia R Kellerhals sold 57 shares of CBSH stock on 02/13/2020 at the average price of $70.58. The price of the stock has decreased by 7.18% since.
  • Executive Vice President Kevin G Barth sold 3,821 shares of CBSH stock on 02/11/2020 at the average price of $70.83. The price of the stock has decreased by 7.51% since.
  • Director David W Kemper sold 5,404 shares of CBSH stock on 02/06/2020 at the average price of $70.5. The price of the stock has decreased by 7.08% since.
  • Senior Vice President David L. Roller sold 143 shares of CBSH stock on 02/05/2020 at the average price of $70.92. The price of the stock has decreased by 7.63% since.
  • Controller Paul A Steiner sold 405 shares of CBSH stock on 02/05/2020 at the average price of $71.11. The price of the stock has decreased by 7.88% since.

For the complete 20-year historical financial data of CBSH, click here.