Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Commerce Bancshares, Inc. (NASDAQ: CBSH) declared a quarterly dividend of $0.2625 per share on its common stock. This dividend is payable on September 23, 2021, to stockholders of record as of September 7, 2021. With $33.9 billion in assets, Commerce Bancshares provides a full range of banking services, including payment solutions and investment management, across the Midwest and beyond.

Positive

• Declared a quarterly dividend of $0.2625 per share, indicating strong shareholder return.
• Company's total assets stand at $33.9 billion, showcasing its substantial financial stability.

Negative

• None.

Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.2625 per share on the Company's common stock. The dividend is payable on September 23, 2021 to stockholders of record at the close of business on September 7, 2021.

About Commerce Bancshares, Inc.

With $33.9 billion in assets¹, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 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. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.

^1. As of June 30, 2021

View source version on businesswire.com: https://www.businesswire.com/news/home/20210730005505/en/

FAQ

What is the dividend amount declared by CBSH?

Commerce Bancshares declared a dividend of $0.2625 per share.

When is the CBSH dividend payable?

The dividend is payable on September 23, 2021.

Who is eligible to receive the CBSH dividend?

Stockholders of record as of September 7, 2021, are eligible to receive the dividend.

How much in assets does Commerce Bancshares have?

Commerce Bancshares has $33.9 billion in assets as of June 30, 2021.