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Commerce BancsharesCBSH +0.72%81 3-Year Dividend Growth Rate is 6.30% as of Jun. 2026, which is 23% below its 10-year median of 8.20. GuruFocus rates CBSH with a GF Score™ of 81/100 and a GF Value™ of $60.60 (Fairly Valued). The stock has 1 warning sign investors should review. Among 959 Banks companies, Commerce Bancshares ranks worse than 60.48% on this metric.
The historical rank and industry rank for Commerce Bancshares's 3-Year Dividend Growth Rate or its related term are showing as below:
CBSH'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 2.1 Med: 8.2 Max: 22.3
Current: 6.3
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Commerce Bancshares was 22.30% per year. The lowest was 2.10% per year. And the median was 8.20% per year.
CBSH's 3-Year Dividend Growth Rate is ranked worse than 60.48% of 959
companies
in the Banks industry
Industry Median: 10.1
vs CBSH: 6.30
During the past 12 months, Commerce Bancshares's average Dividends Per Share Growth Rate was 5.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 5.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 7.60% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Commerce Bancshares was 0.36. The lowest was 0.24. And the median was 0.27.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Commerce Bancshares Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.275000
2026-06-05
2026-06-05
2026-06-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.275000
2026-03-06
2026-03-06
2026-03-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.275000
2025-12-02
2025-12-02
2025-12-15
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.261905
2025-09-05
2025-09-05
2025-09-23
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Commerce Bancshares's Dividend Yield (%) for Today is calculated as
Current Share Price is $58.37.
Commerce Bancshares's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.086905.
During the past 13 years, the highest Dividend Yield of Commerce Bancshares was 2.46%. The lowest was 1.26%. And the median was 1.58%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Commerce Bancshares 3-Year Dividend Growth Rate Related Terms>
CBSH vs BOKF, COLB, WAL: 3-Year Dividend Growth Rate Comparison
For the Banks - Regional subindustry, Commerce Bancshares's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Commerce Bancshares 3-Year Dividend Growth Rate vs Banks Industry
For the Banks industry and Financial Services sector, Commerce Bancshares's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Commerce Bancshares's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Dividend Growth Rate of 6.30% mean?
Commerce Bancshares (CBSH) has a 3-Year Dividend Growth Rate of 6.30% as of Jun. 2026. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Commerce Bancshares and its competitors. This is 23% below median its historical median of 8.20. Over the past decade, Commerce Bancshares' 3-Year Dividend Growth Rate has ranged from 2.10 to 22.30. According to the industry distribution chart, Commerce Bancshares ranks #580 out of 959 companies in the Banks industry, placing it in the top 60.5%.
Is Commerce Bancshares' 3-Year Dividend Growth Rate too high?
Commerce Bancshares' current 3-Year Dividend Growth Rate of 6.30% is 23% below median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 22.30. The Banks industry median 3-Year Dividend Growth Rate is 10.10. Commerce Bancshares' value of 6.30% is 37.6% below this industry median. Based on the distribution chart, Commerce Bancshares ranks #580 out of 959 companies in the Banks industry, which is below the industry midpoint. Overall, Commerce Bancshares has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce Bancshares' 3-Year Dividend Growth Rate compare to BOKF and COLB?
According to the Banks industry distribution chart, Commerce Bancshares ranks #580 out of 959 companies for 3-Year Dividend Growth Rate. This places Commerce Bancshares in the lower half of its industry. The industry median 3-Year Dividend Growth Rate is 10.10. Commerce Bancshares' value of 6.30% is 37.6% below this benchmark. Historically, Commerce Bancshares' own 3-Year Dividend Growth Rate has ranged from 2.10 to 22.30 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 10.10, Commerce Bancshares has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Dividend Growth Rate for a Banks company?
The median 3-Year Dividend Growth Rate among Banks companies is 10.10, based on 959 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Dividend Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Dividend Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commerce Bancshares's current 3-Year Dividend Growth Rate of 6.30% is 37.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Dividend Growth Rate mean?
A high 3-Year Dividend Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Dividend Growth Rate is the company's three-year average growth of dividend payout. View historical data on Commerce Bancshares and its competitors. For the Banks industry, the median 3-Year Dividend Growth Rate is 10.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce Bancshares's current 3-Year Dividend Growth Rate is 6.30%, which is 23% below median its own 10-year median of 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commerce Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Commerce Bancshares (CBSH) is currently considered Fairly Valued. The stock's GF Value™ is $60.60, compared to a current price of $58.37 — trading 3.7% below its estimated fair value. The current 3-Year Dividend Growth Rate is 6.30%, which is 23% below median its 10-year median of 8.20 and 37.6% below the Banks industry median of 10.10. Commerce Bancshares' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Dividend Growth Rate calculated?
3-Year Dividend Growth Rate is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current 3-Year Dividend Growth Rate is 6.30% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Commerce Bancshares (CBSH) Overvalued in 2026?
Based on GuruFocus' analysis, Commerce Bancshares stock appears to be undervalued.
The current stock price of $58.37 is trading 3.7% below its estimated GF Value™ of $60.60.
GuruFocus considers Commerce Bancshares to be Fairly Valued.
Key valuation signals for CBSH:
3-Year Dividend Growth Rate: 6.30% (23% below median its 10-year median of 8.20)
GF Value™: $60.60 vs. price of $58.37 (3.7% below fair value)
Industry Position: 37.6% below the Banks median (#580 of 959)
No single metric tells the full story. See the CBSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Commerce Bancshares Inc operates as the bank holding company for Commerce Bank. The bank is engaged in the general banking business, providing a broad range of retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals, businesses, and municipalities. The company has three reportable segments. The Commercial segment provides lending, leasing, deposit, payment, and cash management services to business and government customers. The Retail Banking segment offers consumer deposits, consumer lending, mortgage banking, and debit and credit card services through its branch network. The Wealth segment provides trust, estate planning, brokerage, and investment management services to individual and institutional clients.
81GF Score
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3-Year Dividend Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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