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Commerce Bancshares, Inc. (CBSH)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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55.06+0.08 (+0.15%)
At close: 04:00PM EDT
56.89 +1.83 (+3.32%)
After hours: 05:09PM EDT

Commerce Bancshares, Inc.

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

Sector(s)Financial Services
IndustryBanks - Regional
Full Time Employees4,721

Key Executives

NameTitlePayExercisedYear Born
Mr. John W. KemperPresident, CEO & Director2.12MN/A1978
Mr. Charles G. KimExecutive VP & CFO1MN/A1961
Mr. Kevin Gene BarthExecutive Vice President970.06kN/A1961
Mr. Robert S. HolmesExecutive Vice President789.97kN/A1964
Mr. John Koeneman HandyExecutive VP and President & CEO of Commerce Trust Company840.02kN/A1964
Mr. David W. KemperNon Independent Executive Chairman646.65k1.2M1951
Mr. Paul A. SteinerController & Chief Accounting OfficerN/AN/A1972
Mr. David L. RollerSenior VP & Chief Information OfficerN/AN/A1971
Margaret M. RoweSecretary, General Counsel & VPN/AN/AN/A
Ms. Susan B. Bergen-PainterExecutive Vice President and Corporate Marketing DirectorN/AN/A1971
Amounts are as of December 31, 2023 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; retail branch network; 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. 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 May 1, 2024 is 5. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 7; Compensation: 4.

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.