Commerce Bancshares, Inc. · Kansas City, MO United States ·(NASDAQ (GS): CBSH)
Company Description
Phone: 816-234-2000
Fax: 816-234-2019
Toll Free: 800-892-7100
Rankings
- S&P 400
View Commerce Bancshares, Inc. Locations On A US Map
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This link will open in a new window C'mon to Commerce Bancshares if you're looking for the company that owns Commerce Bank, which operates more than 350 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado. In addition to consumer and corporate banking (including deposits, mortgages, lending, leasing, and brokerage), Commerce Bancshares has a segment devoted to money management (trust, estate planning, and portfolio management). Nonbank subsidiaries are involved in credit insurance, mortgage banking, real estate, and small business venture capital. Business loans, including commercial mortgages, construction loans, and operating loans, make up approximately half of Commerce Bancshares' loan portfolio. To read the full description, subscribe now.
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Key Commerce Bancshares, Inc. Financials
| Company Type | Public - NASDAQ (GS): CBSH Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $998.7 |
| 2008 Employees | 5,340 |
Commerce Bancshares, Inc. Executives
36 executives listed for Commerce Bancshares, Inc.'s Kansas City, MO location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO; Chairman, President, and CEO, Commerce Bank | David Kemper | Network |
| Vice Chairman; Vice Chairman, Commerce Bank | Jonathan Kemper | Network |
| Vice Chairman; Chairman and CEO, Commerce Bank St. Louis | Seth Leadbeater | Network |
Competition
Competitive Landscape for Commerce Bancshares, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Commerce Bancshares, Inc. Competitors
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