U.S. markets open in 5 hours 50 minutes

Commerce Bancshares, Inc. (CBSH)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
75.92-1.80 (-2.32%)
At close: 4:00PM EST

Commerce Bancshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees4,766

Key Executives

NameTitlePayExercisedYear Born
Mr. David W. KemperExec. Chairman727.4k3.11M1951
Mr. John W. KemperPres, CEO & Director1.81M477.17k1978
Mr. Charles G. KimExec. VP & CFO828.59k544.54k1961
Mr. John Koeneman HandyExec. VP770.68k93.74k1964
Mr. Kevin Gene BarthExec. VP of Commercial Line of Bus. and Chairman & CEO Commerce Bank of Kansas City Region832.62k810.14k1961
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, 2019 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. 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, as well as provides online banking services. The Commercial segment provides corporate lending, merchant and commercial bank card, leasing, international, and investment safekeeping and bond accounting services; and business products, 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 planning services, brokerage services, and advisory and discretionary investment management services, as well as private banking accounts. The company also offers private equity investment, securities brokerage, and insurance agency services. It operates through a network of 316 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 December 2, 2020 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 3.

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.