America can expect several more dreary months of recession, says Commerce Bank bond guru Scott Colbert.
At best, the nation can expect to hit an economic bottom in June, July or August before beginning a slow recovery, Colbert said Tuesday at the…
Uncle Sam is offering cheap funding, but Commerce Bank says no thanks. The bank, the largest run from St. Louis, said today that it won’t apply for a capital injection from the the Treasury Department’s Troubled Asset Relief Program, or TARP.
“Commerce’s earnings,…
Commerce Bank says a new bank being built in O’Fallon, Mo., will be St. Charles County’s first “green” banking center.
The new bank, at the corner of Main and Elm streets, will have higher efficiency lighting, heating and air-handling systems, recycled or renewable building…
David W. Kemper, chief executive of Commerce Bancshares Inc., saw his pay jump 80 percent to $3.35 million last year, largely due to exercising stock options worth $1.8 million.
Kemper, 57, who runs the parent of Commerce Bank, got a 2 percent increase…
Commerce Bancshares Inc. said its earnings fell 6 percent last year after taking a pre-tax charge of $21 million for the company’s share of estimated costs of lawsuits involving VISA USA Inc., the credit card company.
Commerce also said it expects “significant…
Commerce Bancshares Inc. has agreed to sell its locations and automated teller machines in Independence, Kan., to Community National Bank.
The banks expect to transfer the assets and deposits in the second quarter. Terms weren’t disclosed.
Community National has 22 locations in 18…
Commerce Bank said personal information on 20 customers was compromised after a hacker gained access to a database with information on 3,000 customers.
Commerce said it detected the hacking quickly and shut it down. The bank has notified law enforcement agencies and…
Commerce Bank is offering free one-day Metro passes in a joint promotion with Metro aimed at helping the area cope with next year’s shutdown of parts of Interstate 64.
Starting Monday and continuing through October, the bank will give the passes out at…
Commerce Bancshares Inc. has completed the $29.5 million purchase of Commerce Bank in Denver.
The purchase brings $100.9 million in assets and $69.8 million in deposits to Missouri-based Commerce and gives the bank its first Colorado bank location.
Commerce Bank has launched a new round of commercials that put a personal face on customers’ relationships with their bank.
The campaign, called “Surprising Relationships,” was developed by Bernstein Rein of Kansas City, Commerce’s official hometown. Most of the bank’s management is in…
