CBSH (Commerce Bancshares) ROE % Adjusted to Book Value: 8.38% (As of Mar. 2026)


CBSH Commerce Bancshares Inc CBSH
78 GF Score
Price $57.43
GF Value $58.17
Valuation Fairly Valued
! 2 Warning Signs
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What is Commerce Bancshares ROE % Adjusted to Book Value?

Commerce Bancshares CBSH +1.39% 78 ROE % Adjusted to Book Value is 8.38% as of Mar. 2026. GuruFocus rates CBSH with a GF Score™ of 78/100 and a GF Value™ of $58.17 (Fairly Valued). The stock has 2 warning signs investors should review.

Commerce Bancshares's ROE % for the quarter that ended in Mar. 2026 was 14.00%. Commerce Bancshares's PB Ratio for the quarter that ended in Mar. 2026 was 1.67. Commerce Bancshares's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 8.38%.


Commerce Bancshares ROE % Adjusted to Book Value Related Terms


Commerce Bancshares ROE % Adjusted to Book Value Historical Data

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The historical data trend for Commerce Bancshares's ROE % Adjusted to Book Value can be seen below:

* 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 ROE % Adjusted to Book Value Chart

Commerce Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.39 4.78 7.44 6.65 8.39

Commerce Bancshares Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.46 7.52 7.24 7.83 8.38

CBSH vs VLY, BOKF, PB: ROE % Adjusted to Book Value Comparison

For the Banks - Regional subindustry, Commerce Bancshares's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Banks Industry

For the Banks industry and Financial Services sector, Commerce Bancshares's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Commerce Bancshares's ROE % Adjusted to Book Value falls into.


CBSH
78GF Score
Commerce Bancshares Inc CBSH
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Commerce Bancshares ROE % Adjusted to Book Value Calculation

Commerce Bancshares's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.95% / 1.90
=8.39%

Commerce Bancshares's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=14.00% / 1.67
=8.38%

* 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.

What does a ROE % Adjusted to Book Value of 8.38% mean?
Commerce Bancshares (CBSH) has a ROE % Adjusted to Book Value of 8.38% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Commerce Bancshares and its competitors.
Is Commerce Bancshares' ROE % Adjusted to Book Value too high?
Commerce Bancshares' current ROE % Adjusted to Book Value is 8.38%. Overall, Commerce Bancshares has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Commerce Bancshares' ROE % Adjusted to Book Value compare to VLY and BOKF?
Commerce Bancshares' ROE % Adjusted to Book Value of 8.38% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Banks company?
A good ROE % Adjusted to Book Value depends on the Banks industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Commerce Bancshares and its competitors. Commerce Bancshares's current ROE % Adjusted to Book Value is 8.38%. 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 $58.17, compared to a current price of $57.43 — trading 1.3% below its estimated fair value. The current ROE % Adjusted to Book Value is 8.38%. Commerce Bancshares' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current ROE % Adjusted to Book Value is 8.38% as of Mar. 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 $57.43 is trading 1.3% below its estimated GF Value™ of $58.17. GuruFocus considers Commerce Bancshares to be Fairly Valued.

Key valuation signals for CBSH:

  • ROE % Adjusted to Book Value: 8.38%
  • GF Value™: $58.17 vs. price of $57.43 (1.3% below fair value)
  • GF Score™: 78/100 with 2 warning signs

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 Business Description

Address 1000 Walnut, Kansas City, MO, USA, 64106
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.
78GF Score

Get the complete analysis for CBSH

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.43
Price
$58.17
GF Value