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Commerce Bancshares ( (CBSH) ) has provided an announcement.
On March 24, 2026, Commerce Bancshares, Inc. announced that Corporate Controller and Chief Accounting Officer Paul A. Steiner had resigned to pursue other opportunities, with the company emphasizing that his departure did not stem from any disagreement over financial, accounting or operational matters. Steiner will remain through July 7, 2026 to support an orderly transition, while long‑time executive Steven A. Brandjord, currently Assistant Controller and Director of Tax, will assume the Corporate Controller and Chief Accounting Officer roles in May 2026 following board appointment, supported by a four‑year vesting grant of roughly 2,100 restricted stock units that signals continuity in the firm’s finance leadership for investors and other stakeholders.
The most recent analyst rating on (CBSH) stock is a Hold with a $53.00 price target. To see the full list of analyst forecasts on Commerce Bancshares stock, see the CBSH Stock Forecast page.
Spark’s Take on CBSH Stock
According to Spark, TipRanks’ AI Analyst, CBSH is a Outperform.
The score is driven primarily by solid financial performance (growth, profitability, and improving leverage) and supportive valuation (P/E ~12.9 with a ~2% yield). These are tempered by weak technical signals (negative MACD and price below key moving averages) and moderate execution risk from the FineMark integration.
To see Spark’s full report on CBSH stock, click here.
More about Commerce Bancshares
Commerce Bancshares, Inc. operates in the financial services industry as a bank holding company, providing a range of banking and related financial products and services. The company focuses on corporate and consumer banking, supported by internal finance, accounting and tax functions that underpin its regulatory reporting and strategic financial management.
Average Trading Volume: 1,353,859
Technical Sentiment Signal: Sell
Current Market Cap: $7.06B
For a thorough assessment of CBSH stock, go to TipRanks’ Stock Analysis page.