CBSH - Commerce Bancshares: A Great Business But Not A Buy Yet
2024-04-04 01:32:54 ET
Summary
- Commerce Bancshares provides a range of financial products and services to individuals and businesses.
- The bank has a well-diversified loan portfolio and a significant market share in Kansas City and St. Louis.
- CBSH has shown steady long-term performance and maintains very good capital levels.
- The current dividend yield is too low and the price too high.
- That being said, there's a chance it may be worth adding at some point in the future, so you may want to keep an eye on it.
Commerce Bancshares ( CBSH ), founded in 1966 and headquartered in Kansas City, Missouri, provides retail, asset management, mortgage banking, investment, corporate, and trust products and services to individuals and businesses....
Commerce Bancshares: A Great Business But Not A Buy Yet