Commerce Bancshares traded at $54.83 this Thursday October 1st, increasing $0.09 or 0.16 percent since the previous trading session. Looking back, over the last four weeks, Commerce Bancshares gained 5.40 percent. Over the last 12 months, its price fell by 6.88 percent. Looking ahead, we forecast Commerce Bancshares to be priced at 55.22 by the end of this quarter and at 51.72 in one year, according to Trading Economics global macro models projections and analysts expectations.
Commerce Bancshares, Inc. is a bank holding company. The Company operates as a super-community bank and offers a range of financial products to consumer and commercial customers. It has approximately 275 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado and commercial offices. The Company’s segments include Commercial, Consumer, and Wealth. The Commercial segment provides a full array of corporate lending, merchant and commercial bank card products, payment solutions, leasing, and international services, as well as business and government deposit, investment, and cash management services. The Consumer segment includes the retail branch network, consumer instalment lending, personal mortgage banking, and consumer debit and credit bank card activities. The Wealth segment provides traditional trust and estate planning services, brokerage services, and advisory and discretionary investment portfolio management services to both personal and institutional corporate customers.