Commerce Bancshares, Inc. Declares Cash Dividend on Common Stock

Rhea-AI Summary

Commerce Bancshares, Inc. (NASDAQ: CBSH) has declared a quarterly dividend of $0.265 per share. The dividend is payable on September 22, 2022 to stockholders of record as of September 7, 2022. With $33.4 billion in assets as of June 30, 2022, Commerce Bancshares offers comprehensive banking services and operates across various U.S. regions, focusing on delivering financial solutions to individuals and businesses.

Positive

• Quarterly dividend of $0.265 per share declared, enhancing shareholder income.

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• None.

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.265 per share on the Company's common stock. The dividend is payable on September 22, 2022 to stockholders of record at the close of business on September 7, 2022.

About Commerce Bancshares, Inc.

With $33.4 billion in assets¹, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered 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 more than 155 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, 2022

View source version on businesswire.com: https://www.businesswire.com/news/home/20220805005421/en/

Matt Burkemper (314) 746-7485

Matthew.Burkemper@CommerceBank.com

Source: Commerce Bancshares, Inc.

FAQ

What is the dividend amount declared by CBSH for September 2022?

CBSH declared a quarterly dividend of $0.265 per share.

When is the CBSH dividend payable?

The CBSH dividend is payable on September 22, 2022.

What is the record date for CBSH's dividend?

The record date for CBSH's dividend is September 7, 2022.

What financial strength does CBSH have?

CBSH has $33.4 billion in assets as of June 30, 2022.