Commerce BancsharesCBSH +1.73%78 Dividend Yield % is 1.91% as of Jun. 25, 2026, which is 21% above its 10-year median of 1.58. 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. Among 1,251 Banks companies, Commerce Bancshares ranks worse than 77.7% on this metric.
As of today (2026-06-25), the Trailing Annual Dividend Yield of Commerce Bancshares is 1.91%.
The historical rank and industry rank for Commerce Bancshares's Dividend Yield % or its related term are showing as below:
CBSH'
s Dividend Yield % Range Over the Past 10 Years
Min: 1.26 Med: 1.58 Max: 2.46
Current: 1.91
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%.
CBSH's Dividend Yield % is ranked worse than 77.7% of 1251
companies
in the Banks industry
Industry Median: 3.03
vs CBSH: 1.91
During the past 12 months, Commerce Bancshares's average Dividends Per Share Growth Rate was 6.40% 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.
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.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Commerce Bancshares Dividend Yield % Related Terms
Commerce Bancshares Dividend Yield % Historical Data
* Premium members only.
The historical data trend for Commerce Bancshares's Dividend Yield % 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.
CBSH vs VLY, BOKF, PB: Dividend Yield % Comparison
For the Banks - Regional subindustry, Commerce Bancshares's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Commerce Bancshares's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Commerce Bancshares's Dividend Yield % falls into.
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 Trailing Annual Dividend Yield (%) for Today is calculated as
* 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 (CBSH) has a Dividend Yield % of 1.91% as of Jun. 25, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Commerce Bancshares and its competitors. This is 21% above median its historical median of 1.58. Over the past decade, Commerce Bancshares' Dividend Yield % has ranged from 1.26 to 2.46. According to the industry distribution chart, Commerce Bancshares ranks #972 out of 1251 companies in the Banks industry, placing it in the top 77.7%.
Is Commerce Bancshares' Dividend Yield % too high?
Commerce Bancshares' current Dividend Yield % of 1.91% is 21% above median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 2.46. The Banks industry median Dividend Yield % is 3.03. Commerce Bancshares' value of 1.91% is 37% below this industry median. Based on the distribution chart, Commerce Bancshares ranks #972 out of 1251 companies in the Banks industry, which is in the bottom quartile relative to peers. 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' Dividend Yield % compare to VLY and BOKF?
According to the Banks industry distribution chart, Commerce Bancshares ranks #972 out of 1251 companies for Dividend Yield %. This places Commerce Bancshares in the lower half of its industry. The industry median Dividend Yield % is 3.03. Commerce Bancshares' value of 1.91% is 37% below this benchmark. Historically, Commerce Bancshares' own Dividend Yield % has ranged from 1.26 to 2.46 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 3.03, 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 Dividend Yield % for a Banks company?
The median Dividend Yield % among Banks companies is 3.03, based on 1,251 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Commerce Bancshares's current Dividend Yield % of 1.91% is 37% 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 Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Commerce Bancshares and its competitors. For the Banks industry, the median Dividend Yield % is 3.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commerce Bancshares's current Dividend Yield % is 1.91%, which is 21% above median its own 10-year median of 1.58. 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 $57.62 — trading 0.9% below its estimated fair value. The current Dividend Yield % is 1.91%, which is 21% above median its 10-year median of 1.58 and 37% below the Banks industry median of 3.03. 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 Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Commerce Bancshares (CBSH), the current Dividend Yield % is 1.91% as of Jun. 25, 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 $57.62 is trading 0.9% below its estimated GF Value™ of $58.17.
GuruFocus considers Commerce Bancshares to be Fairly Valued.
Key valuation signals for CBSH:
Dividend Yield %: 1.91% (21% above median its 10-year median of 1.58)
GF Value™: $58.17 vs. price of $57.62 (0.9% below fair value)
Industry Position: 37% below the Banks median (#972 of 1251)
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.
78GF Score
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