Commerce Bancshares, Inc. (CBSH)

In the past six months, Commerce Bancshares reported fourth-quarter earnings of $1.01 per share, exceeding expectations, with record revenue. The acquisition of FineMark Holdings, Inc. was completed, adding loans, deposits, and wealth assets. A quarterly dividend of $0.275 per share was declared, representing a 5% increase and the 58th consecutive year of dividend increases, following a 5% stock dividend. A share repurchase program for up to 5,000,000 shares was approved, and insider trading activity occurred. The stock price was $55.17, with a 52-week range between $48.69 and $64.53.

Demand for Commerce Bancshares' products and services exhibits some seasonality. The first quarter often sees typical seasonality in net credit losses and softer loan origination due to the tax refund season, but consumer loan demand is expected to remain strong for the rest of the year. Payment solutions experience seasonal surges during major holiday shopping periods.

Commerce Bancshares, Inc. operates in the financial services sector, providing business and personal banking, wealth management, and securities brokerage. Its offerings include consumer deposits, loans, healthcare financing, debit and credit cards, corporate lending, leasing, international services, merchant and commercial bank card products, and treasury and cash management services. The company also provides financial planning, investment management, trust services, estate planning, private equity investment, insurance agency services, and online and mobile banking platforms.

Commerce Bancshares has a network of banking centers, wealth offices, and ATMs in the Midwest, including Missouri, Kansas, Illinois, Oklahoma, and Colorado. It has commercial offices in 11 states and offers payment solutions nationwide. The company expanded its wealth management presence with the acquisition of FineMark Holdings, Inc., adding wealth offices in Florida, Arizona, and South Carolina.

Commerce Bancshares has maintained a positive brand reputation, earning recognition as one of America's Best Regional Banks by Newsweek for the second year. Forbes named it a Best Employer by State (Missouri) and one of America's Best Midsize Employers for seven years. U.S. News & World Report listed it among the Best Companies to Work For in the Banking Industry, and Newsweek recognized it as one of the Greatest Workplaces for Parents and Families. The company also achieved a high score on the Human Rights Campaign Corporate Equality Index. No significant negative events impacting its reputation were identified.

Institutional investors hold approximately 64.17% of Commerce Bancshares' stock, insiders hold about 2.56%, and retail investors hold around 55.97%. Vanguard Group Inc. owns the most shares among institutional investors, followed by Blackrock, Inc., State Street Corp., and American Century Companies Inc.