CBSH
Commerce Bancshares, Inc.Financial Services · $8.5B market cap
Verdict
Share price
$55.28
close of Oct 3, 2026
Fair value
$97.69
Sticker Price
Payback Price
$39.07
buy price
CBSH is Undervalued: at $55.28 it trades 43% below its fair value of $97.69. Its buy price (Payback Price) is $39.07, 29% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.
How we valued it
Justified P/B (Financials). A bank or insurer. These are best valued on their book value and how much they earn on it.
Business quality
0 of 5 clear the 10% bar. What are the Big Five?
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Create a free accountInsider activity
Since Jun 16, 2026: no open-market purchases, 8 sales worth $2.0M and 31 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
Neff Douglas D
Senior Vice President · 2026-08-27
Sold
$39K
Orf David L
Exec. Vice President & CCO · 2026-08-14
Sold
$39K
Roller David L.
Senior Vice President · 2026-08-04
Sold
$50K
Holmes Robert S
Executive Vice President · 2026-07-30
Sold
$301K
Kemper John W
President and CEO · 2026-07-29
Sold
$353K
Other filings
UPTON JENNIFER B
Senior Vice President · 2026-09-04
D-Return
$9K
UPTON JENNIFER B
Senior Vice President · 2026-09-04
D-Return
$8K
UPTON JENNIFER B
Senior Vice President · 2026-09-04
Tax withholding
$1K
UPTON JENNIFER B
Senior Vice President · 2026-09-04
Tax withholding
$1K
UPTON JENNIFER B
Senior Vice President · 2026-09-04
Option exercise
$9K
Show all 31 other filingsShow fewer
UPTON JENNIFER B
Senior Vice President · 2026-09-04
Option exercise
$8K
Neff Douglas D
Senior Vice President · 2026-08-27
D-Return
$107K
Neff Douglas D
Senior Vice President · 2026-08-27
Option exercise
$53K
Neff Douglas D
Senior Vice President · 2026-08-27
Tax withholding
$16K
Neff Douglas D
Senior Vice President · 2026-08-27
Option exercise
$55K
Orf David L
Exec. Vice President & CCO · 2026-08-14
D-Return
$98K
Orf David L
Exec. Vice President & CCO · 2026-08-14
Option exercise
$45K
Orf David L
Exec. Vice President & CCO · 2026-08-14
Tax withholding
$17K
Orf David L
Exec. Vice President & CCO · 2026-08-14
Option exercise
$53K
Roller David L.
Senior Vice President · 2026-08-04
D-Return
$140K
Roller David L.
Senior Vice President · 2026-08-04
Tax withholding
$22K
Roller David L.
Senior Vice President · 2026-08-04
Option exercise
$140K
Kemper John W
President and CEO · 2026-07-29
D-Return
$642K
Kemper John W
President and CEO · 2026-07-29
Option exercise
$375K
Kemper John W
President and CEO · 2026-07-29
D-Return
$375K
Kemper John W
President and CEO · 2026-07-29
Tax withholding
$131K
Kemper John W
President and CEO · 2026-07-29
Tax withholding
$98K
Kemper John W
President and CEO · 2026-07-29
Option exercise
$642K
KIM CHARLES G
Exec. Vice President and CFO · 2026-07-27
D-Return
$352K
KIM CHARLES G
Exec. Vice President and CFO · 2026-07-27
Tax withholding
$98K
KIM CHARLES G
Exec. Vice President and CFO · 2026-07-27
Option exercise
$352K
Brooks Derrick
Senior Vice President · 2026-07-27
Tax withholding
$25K
BARTH KEVIN G
Executive Vice President · 2026-07-01
Award
$2.6M
KIM CHARLES G
Exec. Vice President and CFO · 2026-07-01
Award
$2.6M
BARTH KEVIN G
Executive Vice President · 2026-06-23
Award
$7K
KEMPER DAVID W
Executive Chairman · 2026-06-23
Award
$7K
About Commerce Bancshares, Inc.
Commerce Bancshares, Inc. functions as the parent organization for Commerce Bank, delivering a comprehensive suite of financial products and services. These offerings span retail banking, mortgage services, corporate finance, investment solutions, trust administration, and asset management, catering to both individuals and businesses across the United States. Its operational structure is divided into three principal…
Banks - Regional
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works