TD Cowen lowered the firm’s price target on Commerce Bancshares (CBSH) to $61 from $63 and keeps a Hold rating on the shares. The firm said they reported a Q3 miss on higher provision and lower NII. While strong credit quality and conservatism remain franchise hallmarks, 3Q25 results highlight muted top-line growth prospects amid slower balance sheet expansion and NIM pressure.
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Read More on CBSH:
- Commerce Bancshares price target lowered to $60 from $65 at Wells Fargo
- Commerce Bancshares price target lowered to $63 from $70 at Piper Sandler
- Commerce Bancshares price target lowered to $60 from $65 at Keefe Bruyette
- Commerce Bancshares Reports Steady Q3 Earnings
- Commerce Bancshares reports Q3 EPS $1.06, consensus $1.10