Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Commerce Bancshares (NASDAQ: CBSH) has declared a quarterly dividend of $0.275 per share on its common stock, representing a 7% increase from the prior dividend of $0.257. This marks the company's 57th consecutive year of increasing its regular cash dividend. The dividend will be payable on March 25, 2025, to stockholders of record as of March 7, 2025.

Commerce Bancshares, with $32.0 billion in assets, operates as a regional bank holding company through Commerce Bank, leveraging nearly 160 years of experience. The bank maintains full-service facilities across the Midwest, including metropolitan areas of St. Louis and Kansas City, with commercial offices in various cities including Dallas, Houston, and Cincinnati, among others.

Positive

• 57 consecutive years of dividend increases demonstrates strong financial stability
• 7% increase in quarterly dividend shows strong shareholder returns
• $32.0 billion in assets indicates substantial market presence
• Broad geographical presence across multiple major metropolitan areas

Negative

• None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.275 per share on the Company's common stock, which compares to the prior dividend of $0.257 as adjusted for the 5% stock dividend that was paid on December 18, 2024. This represents an increase in the quarterly dividend per share of 7% and marks the 57^th consecutive year that the Company has increased its regular cash dividend per share. The dividend is payable on March 25, 2025 to stockholders of record at the close of business on March 7, 2025.

With $32.0 billion in assets¹, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages nearly 160 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. Beyond the Midwest, Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston and Naples. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial and wealth offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.

¹As of December 31, 2024

View source version on businesswire.com: https://www.businesswire.com/news/home/20250131471727/en/

For more information, please contact:

Matt Burkemper (314) 746-7485

Matthew.Burkemper@CommerceBank.com

Source: Commerce Bancshares, Inc.

FAQ

What is Commerce Bancshares' (CBSH) new quarterly dividend amount for 2025?

Commerce Bancshares' new quarterly dividend is $0.275 per share, payable on March 25, 2025.

How much did CBSH increase its dividend in 2025?

CBSH increased its quarterly dividend by 7%, from $0.257 to $0.275 per share.

When is the record date for CBSH's latest dividend payment?

The record date for CBSH's latest dividend payment is March 7, 2025.

How many consecutive years has CBSH increased its dividend?

Commerce Bancshares has increased its regular cash dividend for 57 consecutive years.

What is Commerce Bancshares' (CBSH) total asset value as of December 2024?

Commerce Bancshares reported total assets of $32.0 billion as of December 31, 2024.