Commerce Bancshares, Inc. (CBSH) Stock Split History

Commerce Bancshares, Inc. has split its stock 11 times since its initial public offering (IPO). The first stock split occurred on November 26, 2013 with the ratio of 21-for-20, meaning that for 20 shares of CBSH owned pre-split, shareholders then owned 21 shares. 10 more splits have been implemented since then. The most recent stock split took place on December 01, 2023 on a 21-for-20 basis.

These splits have increased CBSH stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that these actions only change the number of shares and the price per share with no impact on Commerce Bancshares, Inc.'s total market capitalization.

For more detailed information of Commerce Bancshares, Inc.'s stock splits, view the table below:

The answer will depend on the decisions of the company's managers and market volatility. Commerce Bancshares, Inc. has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when CBSH stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Commerce Bancshares, Inc.'s board of directors. Typically, no action is taken until its price per share reaches a specific threshold.