Commerce Good Will vs Treasury Stock Analysis

CBSH Stock  USD 71.81  0.84  1.18%   
Commerce Bancshares financial indicator trend analysis is way more than just evaluating Commerce Bancshares prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Commerce Bancshares is a good investment. Please check the relationship between Commerce Bancshares Good Will and its Treasury Stock accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.

Good Will vs Treasury Stock

Good Will vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Commerce Bancshares Good Will account and Treasury Stock. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Commerce Bancshares' Good Will and Treasury Stock is -0.51. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Commerce Bancshares, assuming nothing else is changed. The correlation between historical values of Commerce Bancshares' Good Will and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Commerce Bancshares are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Good Will i.e., Commerce Bancshares' Good Will and Treasury Stock go up and down completely randomly.

Correlation Coefficient

-0.51
Relationship DirectionNegative 
Relationship StrengthVery Weak

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Treasury Stock

Most indicators from Commerce Bancshares' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Commerce Bancshares current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.As of now, Commerce Bancshares' Enterprise Value Over EBITDA is increasing as compared to previous years. The Commerce Bancshares' current Enterprise Value Multiple is estimated to increase to 7.00, while Selling General Administrative is projected to decrease to under 388.1 M.
 2021 2022 2023 2024 (projected)
Operating Income676.5M677.6M619.7M476.9M
Other Operating Expenses749.4M23.8M1.3B1.4B

Commerce Bancshares fundamental ratios Correlations

-0.85-0.48-0.18-0.28-0.84-0.870.390.49-0.91-0.22-0.750.29-0.07-0.74-0.36-0.8-0.25-0.55-0.78-0.960.47-0.83-0.310.41-0.82
-0.850.630.180.290.920.85-0.54-0.490.810.570.94-0.34-0.210.820.180.690.020.490.770.93-0.470.890.47-0.350.94
-0.480.63-0.010.070.580.28-0.16-0.350.310.540.63-0.03-0.150.63-0.170.27-0.150.070.620.48-0.270.420.03-0.470.58
-0.180.18-0.010.990.130.40.120.590.160.040.410.30.510.13-0.19-0.180.28-0.070.390.22-0.22-0.080.210.510.43
-0.280.290.070.990.220.490.040.490.270.10.50.220.470.25-0.13-0.070.290.020.460.32-0.310.040.240.430.52
-0.840.920.580.130.220.78-0.46-0.390.730.520.85-0.24-0.090.72-0.040.61-0.120.280.770.91-0.40.820.55-0.340.84
-0.870.850.280.40.490.78-0.37-0.30.850.180.81-0.250.010.60.410.70.330.590.620.94-0.520.850.47-0.110.84
0.39-0.54-0.160.120.04-0.46-0.370.63-0.67-0.73-0.420.870.54-0.65-0.33-0.670.38-0.7-0.31-0.410.05-0.54-0.370.41-0.48
0.49-0.49-0.350.590.49-0.39-0.30.63-0.61-0.29-0.240.640.68-0.58-0.62-0.840.19-0.69-0.12-0.450.25-0.66-0.140.78-0.3
-0.910.810.310.160.270.730.85-0.67-0.610.340.7-0.56-0.160.770.540.920.10.780.640.88-0.390.810.4-0.390.81
-0.220.570.540.040.10.520.18-0.73-0.290.340.6-0.47-0.410.66-0.260.25-0.570.220.510.3-0.020.310.41-0.230.57
-0.750.940.630.410.50.850.81-0.42-0.240.70.6-0.19-0.070.760.020.50.040.360.810.85-0.420.720.48-0.10.98
0.29-0.34-0.030.30.22-0.24-0.250.870.64-0.56-0.47-0.190.52-0.42-0.47-0.640.25-0.77-0.11-0.26-0.15-0.45-0.10.36-0.27
-0.07-0.21-0.150.510.47-0.090.010.540.68-0.16-0.41-0.070.52-0.23-0.36-0.410.59-0.450.34-0.020.11-0.31-0.370.39-0.06
-0.740.820.630.130.250.720.6-0.65-0.580.770.660.76-0.42-0.230.170.66-0.120.510.730.72-0.590.670.4-0.510.79
-0.360.18-0.17-0.19-0.13-0.040.41-0.33-0.620.54-0.260.02-0.47-0.360.170.710.380.85-0.150.31-0.220.47-0.04-0.310.13
-0.80.690.27-0.18-0.070.610.7-0.67-0.840.920.250.5-0.64-0.410.660.710.040.860.40.77-0.330.830.33-0.570.61
-0.250.02-0.150.280.29-0.120.330.380.190.1-0.570.040.250.59-0.120.380.040.150.180.21-0.120.17-0.480.140.05
-0.550.490.07-0.070.020.280.59-0.7-0.690.780.220.36-0.77-0.450.510.850.860.150.190.53-0.20.640.16-0.350.47
-0.780.770.620.390.460.770.62-0.31-0.120.640.510.81-0.110.340.73-0.150.40.180.190.76-0.220.530.16-0.20.83
-0.960.930.480.220.320.910.94-0.41-0.450.880.30.85-0.26-0.020.720.310.770.210.530.76-0.50.910.44-0.330.88
0.47-0.47-0.27-0.22-0.31-0.4-0.520.050.25-0.39-0.02-0.42-0.150.11-0.59-0.22-0.33-0.12-0.2-0.22-0.5-0.47-0.490.24-0.41
-0.830.890.42-0.080.040.820.85-0.54-0.660.810.310.72-0.45-0.310.670.470.830.170.640.530.91-0.470.37-0.490.73
-0.310.470.030.210.240.550.47-0.37-0.140.40.410.48-0.1-0.370.4-0.040.33-0.480.160.160.44-0.490.370.130.49
0.41-0.35-0.470.510.43-0.34-0.110.410.78-0.39-0.23-0.10.360.39-0.51-0.31-0.570.14-0.35-0.2-0.330.24-0.490.13-0.12
-0.820.940.580.430.520.840.84-0.48-0.30.810.570.98-0.27-0.060.790.130.610.050.470.830.88-0.410.730.49-0.12
Click cells to compare fundamentals

Commerce Bancshares Account Relationship Matchups

Commerce Bancshares fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding138.6M135.0M134.4M131.8M130.1M134.5M
Total Assets26.1B32.9B36.7B31.9B31.7B19.2B
Short Long Term Debt Total1.9B2.1B3.0B2.9B1.4M1.3M
Other Current Liab6.9B10.5B11.8B10.1B8.0B9.7B
Total Current Liabilities8.7B12.6B14.8B12.9B10.9B11.7B
Total Stockholder Equity3.1B3.4B3.4B2.5B2.9B1.9B
Property Plant And Equipment Net370.6M371.1M388.7M418.9M469.1M342.0M
Net Debt(885.0M)(2.2B)(4.3B)(832.0M)(2.7B)(2.5B)
Retained Earnings201.6M73M92.5M31.6M53.2M50.5M
Accounts Payable20.5B26.9B29.8B26.2B30.1B31.6B
Cash887.5M2.2B4.3B841.6M443.1M421.0M
Non Current Assets Total9.3B13.2B15.2B13.0B10.5B6.4B
Non Currrent Assets Other(66.7M)(95.4M)(15.2B)(45.5M)(10.5B)(10.0B)
Other Assets7.3B5.1B2.7B5.7B10.8B18.5B
Cash And Short Term Investments9.5B14.6B18.7B13.1B10.4B10.9B
Liabilities And Stockholders Equity26.1B32.9B36.7B31.9B31.7B19.2B
Non Current Liabilities Total2.4M802K12.6M29.4B28.7B30.2B
Other Stockholder Equity2.1B2.4B2.7B2.9B3.1B3.3B
Total Liab2.4M802K12.6M29.4B28.7B14.6B
Property Plant And Equipment Gross370.6M371.1M981.8M1.0B1.1B1.1B
Total Current Assets9.5B14.6B18.7B13.1B10.4B10.8B
Accumulated Other Comprehensive Income110.4M331.4M77.1M(1.1B)(891.4M)(846.8M)
Common Stock564.0M589.4M610.8M629.3M655.3M479.8M
Other Current Assets1.8B3.2B6.0B1.9B3.2B5.9B
Common Stock Total Equity564.0M589.4M610.8M629.3M723.7M487.0M
Other Liab516.5M477.1M392.2M275.3M316.6M277.0M
Long Term Debt2.4M802K12.6M9.7M1.4M1.3M
Short Term Investments8.6B12.4B14.5B12.2B9.9B8.2B
Inventory365K93K115K96K86.4K82.1K
Treasury Stock(37.5M)(33.0M)(33.0M)(41.7M)(37.6M)(35.7M)
Intangible Assets9.5M11.2M15.6M15.2M14.2M12.4M
Property Plant Equipment370.6M371.1M388.7M418.9M481.7M395.8M
Short Term Debt1.9B2.1B3.0B2.8B2.9B2.2B
Net Tangible Assets2.8B3.2B3.3B2.3B2.7B2.7B
Noncontrolling Interest In Consolidated Entity3.8M2.9M11.0M16.3M18.7M19.7M
Retained Earnings Total Equity201.6M73M92.5M31.6M28.5M27.0M
Capital Surpluse2.2B2.4B2.7B2.9B3.4B2.0B

Currently Active Assets on Macroaxis

When determining whether Commerce Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Commerce Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Commerce Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Commerce Bancshares Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Commerce Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Commerce Stock please use our How to Invest in Commerce Bancshares guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Commerce Bancshares. If investors know Commerce will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Commerce Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.162
Dividend Share
1.067
Earnings Share
3.84
Revenue Per Share
12.557
Quarterly Revenue Growth
0.083
The market value of Commerce Bancshares is measured differently than its book value, which is the value of Commerce that is recorded on the company's balance sheet. Investors also form their own opinion of Commerce Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Commerce Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Commerce Bancshares' market value can be influenced by many factors that don't directly affect Commerce Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Commerce Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Commerce Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Commerce Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.