Commerce Bancshares' (CBSH) Balance Sheet Revamp to Aid NII [Yahoo! Finance]
Commerce Bancshares, Inc. (CBSH)
Last commerce bancshares, inc. earnings: 4/28 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.commercebank.com/presentations
Company Research
Source: Yahoo! Finance
This January, in a Securities and Exchange Commission filing, Visa announced receipt of its shareholders' approval to amend its Certificate of Incorporation “that redenominated the Visa Class B common stock to Visa Class B-1 common stock.” The shareholders also authorized V to conduct one or more exchange offers. The company's unique share structure – three share classes – was planned to ensure that banks that owned Visa before the IPO would still be on the hook to cover costs arising from its long-running litigation with major U.S. merchants. Hence, CBSH tendered 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. This was accepted by Visa, and CBSH received 411,723 shares of Visa Class B-2 common stock and 163,404 shares of Visa Class C common stock. Commerce Bancshares marked its Visa Class C common stock to fair value and recognized a gain of $175.5 million in the ongoing quarter. Simi
Show less
Read more
Impact Snapshot
Event Time:
CBSH
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CBSH alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CBSH alerts
High impacting Commerce Bancshares, Inc. news events
Weekly update
A roundup of the hottest topics
CBSH
News
- Commerce Bancshares, Inc. (NASDAQ: CBSH) had its price target raised by analysts at Keefe, Bruyette & Woods from $58.00 to $60.00. They now have a "market perform" rating on the stock.MarketBeat
- Commerce Bancshares, Inc. Announces Visa Inc.'s Acceptance of Class B-1 Common Stock and Investment Securities Repositioning [Yahoo! Finance]Yahoo! Finance
- Commerce Bancshares, Inc. Announces Visa Inc.’s Acceptance of Class B-1 Common Stock and Investment Securities RepositioningBusiness Wire
- Can Commerce (CBSH) Run Higher on Rising Earnings Estimates? [Yahoo! Finance]Yahoo! Finance
- Commerce Bancshares, Inc. Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
CBSH
Earnings
- 4/16/24 - Beat
CBSH
Sec Filings
- 5/14/24 - Form 4
- 5/10/24 - Form 144
- 5/8/24 - Form 10-Q
- CBSH's page on the SEC website