Previous close | 56.88 |
Open | 56.89 |
Bid | 56.16 x 100 |
Ask | 56.28 x 200 |
Day's range | 56.21 - 57.02 |
52-week range | 42.96 - 57.48 |
Volume | |
Avg. volume | 464,254 |
Market cap | 7.288B |
Beta (5Y monthly) | 0.77 |
PE ratio (TTM) | 15.67 |
EPS (TTM) | 3.59 |
Earnings date | 17 Jul 2024 - 22 Jul 2024 |
Forward dividend & yield | 1.08 (1.92%) |
Ex-dividend date | 05 Jun 2024 |
1y target est | 57.63 |
Commerce Bancshares (CBSH) announces a strategic balance sheet repositioning, which will drive its NII higher. This follows the acceptance of a share exchange deal with Visa.
KANSAS CITY, Mo., May 08, 2024--Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that Visa Inc. has accepted the company’s tender of its 823,447 shares of Visa Class B-1 common stock in exchange for a combination of Visa Class B-2 common stock and Visa Class C common stock.
Commerce Bancshares, Inc.'s ( NASDAQ:CBSH ) investors are due to receive a payment of $0.27 per share on 18th of June...