Canada markets open in 6 hours 45 minutes

Commerce Bancshares, Inc. (CBSH)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
72.11-0.21 (-0.29%)
At close: 04:00PM EDT
72.11 0.00 (0.00%)
After hours: 04:01PM EDT

Commerce Bancshares, Inc.

1000 Walnut
Kansas City, MO 64106
United States
816 234 2000
https://www.commercebank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees4,579

Key Executives

NameTitlePayExercisedYear Born
Mr. David W. KemperNon Independent Exec. Chairman646.65k1.2M1951
Mr. John W. KemperPres, CEO & Non Independent Director2.68M627.74k1978
Mr. Charles G. KimExec. VP & CFO1.14M1.25M1961
Mr. Kevin Gene BarthExec. VP of Commercial Line of Bus.1.14M1.14M1961
Mr. Robert S. HolmesExec. VP927.45k277.56k1964
Mr. Paul A. SteinerController & Chief Accounting OfficerN/AN/A1972
Mr. David L. RollerSr. VP & Chief Information OfficerN/AN/A1971
Ms. Sara E. FosterExec. VP of Talent & Corp. Admin.N/AN/A1961
Mr. Thomas Joseph NoackSr. VP, Sec. & Gen. CounselN/AN/AN/A
Mr. Jeffrey S. MissmanVPN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Commerce Bancshares, Inc. operates as the bank holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses in the United States. It operates through three segments: Consumer, Commercial, and Wealth. The Consumer segment offers various banking products and services, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; patient health care financing; real estate loans; indirect and other consumer financing; personal mortgage banking; consumer installment lending; and consumer debit and credit bank cards. The Commercial segment provides corporate lending, leasing, international, merchant and commercial bank card, and securities safekeeping and bond accounting services; and business products, government deposits, and related commercial cash management services, as well as sells fixed income securities to correspondent banks, corporations, public institutions, municipalities, and individuals. The Wealth segment provides traditional trust and estate planning, advisory and discretionary investment portfolio management, and brokerage services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, insurance agency, specialty lending, and leasing services, as well as online and mobile banking services. It operates through a network of 287 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices. Commerce Bancshares, Inc. was founded in 1865 and is headquartered in Kansas City, Missouri.

Corporate Governance

Commerce Bancshares, Inc.’s ISS Governance QualityScore as of July 31, 2022 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 7; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.