secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0001104659-25-059653
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares to acquire FineMark Holdings in $585M all-stock deal
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- All-stock transaction valued at ~$585M; exchange ratio 0.690 CBSH shares per FNBT share ($41.87/share).
- FineMark has $4.0B assets, $3.1B deposits, $2.6B loans, and $7.7B in trust assets under administration as of March 31, 2025.
- Combined entity would have over $36B in assets and $82B in wealth assets under administration.
- Transaction expected to close on January 1, 2026, subject to regulatory and FineMark shareholder approval.
- Commerce will host an investor call on June 16 at 11:00 a.m. ET to discuss the acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000110465925059653/0001104659-25-059653-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000110465925059653/tm2517993d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-059653

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer