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Commerce Bancshares, Inc. (CBSH)


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Commerce Bancshares, Inc.

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

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees4,807

Key Executives

NameTitlePayExercisedAge
Mr. David W. KemperChairman, CEO, Chairman of the Board of Commerce Bank and CEO of Commerce Bank2.24MN/A66
Mr. John W. KemperPres, Chief Operating Officer, Director and Pres of Commerce Bank1.18MN/A39
Mr. Charles G. KimChief Financial Officer and Exec. VP817.82k774.3k56
Mr. Kevin G. BarthExec. VP and Exec. VP of Commerce Bank823.46k518.42k56
Mr. Jeffery D. AberdeenChief Accounting Officer, Controller and Controller of Commerce BankN/AN/A63
Amounts are as of December 31, 2016 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 holding company for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management products and services to individuals and businesses. 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; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services. The Commercial segment offers corporate lending, merchant and commercial bank card, leasing, international, and investment safekeeping and bond accounting services; and business, government deposits, and related commercial cash management services, as well as sells fixed-income securities to individuals, corporations, correspondent banks, public institutions, and municipalities. The Wealth segment provides traditional trust and estate tax planning services, brokerage services, and advisory and discretionary investment management services, as well as manages a family of proprietary mutual funds, which are available for sale to trust and general retail customers. The company also offers private equity investment, securities brokerage, and insurance agency services. It operates through a network of 336 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado, as well as commercial offices and 378 automated-teller machines in the United States. 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 June 2, 2017 is 6. The pillar scores are Audit: 1; Board: 8; 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.