out and about and most have found and improved life after Commerce. Minority interest (Kemper Family) continue to control this bank. Seem as though little is being done to maxamize share holder value. This bank is worth more than current stock price and I wonder why they have not been buying back stock. This is the last of the bigger banks in Missouti that makes loans, Opposed to UMB who lives off fee income and fixed income investments.
If available for sale Commerce should bring a big premium becaues of their Missouri market share.
Seems like it would be in the best interest of ALL shareholder for this bank to be sold to a national player.
Margins continue to decline in this business and size will be necessary to get the job done in the future.