Commerce Bancshares
Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company based in Missouri, United States, with primary hubs in Kansas City and St. Louis. It is the corporate parent of Commerce Bank, which offers a diversified line of financial services, including business and personal banking, wealth management and investments through its affiliated companies.
| Company type | Public |
|---|---|
Traded as | Nasdaq: CBSH S&P 400 Component |
| Industry | Financial services |
| Founded | 1865 |
| Headquarters | Kansas City, Missouri, U.S. |
Key people | David W. Kemper (executive chairman) John W. Kemper (president and CEO) |
| Products | Banking |
| Revenue | US$1.489 Billion (Fiscal Year Ended December 31, 2022) |
| US$0.632 Billion (Fiscal Year Ended December 31, 2022) | |
Net income | US$0.488 Billion (Fiscal Year Ended December 31, 2022) |
| Total assets | US$31.876 Billion (Fiscal Year Ended December 31, 2022) |
| Total equity | US$2.482 Billion (Fiscal Year Ended December 31, 2022) |
Number of employees | 4,594 (2022) |
| Website | commercebank |
Commerce operates more than 275 branch and ATM locations across Missouri, Kansas, Illinois, Oklahoma and Colorado and has operating subsidiaries involved in mortgage banking, credit-related insurance, venture capital and real estate activities.
As of March 31, 2023, Commerce Bank was the 61st largest commercial bank in the United States, as reported by the Federal Reserve Bank.
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