Buffalo, New York 9/22/2009 3:55:00 AM
News / Business

Commerce Bancshares Inc (NASDAQ:CBSH) to Release Q3 2009 Earnings October 14

Commerce Bancshares, Inc (NASDAQ:CBSH) will release the third quarter earnings for 2009 on Wednesday, October 14.  The financial results will be released via press release on the company’s website at www.commercebank.com/about/news/2009-news-releases.asp.

 

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Commerce Bancshares, Inc. is a bank holding company. The Company owns all of the outstanding capital stock of one national banking association (the Bank). During the year ended December 31, 2008, the two former banking subsidiaries, located in Kansas and Nebraska, were merged into the Bank. The Bank engages in general banking business, providing a range of retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The Company also owns, directly or through the Bank, various non-banking subsidiaries. Their activities include underwriting credit life and credit accident and health insurance, selling property and casualty insurance (relating to consumer loans made by the Bank), venture capital investment, securities brokerage and leasing activities. During the year ended December 31, 2008, the Company had consolidated assets of $17.5 billion, loans of $11.6 billion, deposits of $12.9 billion, and stockholders’ equity of $1.6 billion.

 

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