Commerce Bancshares Inc /Mo/ (NASDAQ: CBSH)

Commerce Bancshares, Inc. is a bank holding company incorporated in Missouri that owns Commerce Bank and provides a broad range of retail mortgage banking corporate investment trust and asset management products and services to individuals businesses and municipalities.

The company generates revenue primarily from interest earned on loans and investments, fees for retail and commercial banking services, wealth management fees, brokerage commissions, and leasing income.

The company operates through the following segments: Commercial Retail Banking and Wealth.

• Commercial segment provides corporate lending, merchant and commercial bank card products, payment solutions, leasing, international services, business and government deposit, investment, institutional brokerage, and cash management services.

• Retail Banking segment includes the retail branch network, consumer installment lending, personal mortgage banking, and consumer debit and credit bank card activities.

• Wealth segment provides traditional trust and estate planning services, consumer brokerage services, and advisory and discretionary investment portfolio management services to personal and institutional corporate customers.

Commerce Bancshares, Inc. ranks among the nation's top 50 bank holding companies by asset size and competes with banks, credit unions, brokerage companies, mortgage companies, insurance companies, trust companies, private equity firms, leasing companies, securities brokers and dealers, financial technology firms, ecommerce companies, and investment management companies.

The company serves individuals, businesses, municipalities, retail consumers, commercial clients, and wealth management customers.