secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCE BANCSHARES INC /MO/ (CBSH)
CIK:        0000022356
Form:       8-K
Filed at:   2026-01-02T23:59:59+00:00
Accession:  0001104659-26-000016
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Commerce Bancshares completes FineMark acquisition; issued ~9.9M shares valued at $528.5M
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- Post-merger: $36B total assets, $90B assets under administration; ranks 15th among bank-managed trust companies.
- Issued ~9.9M shares of CBSH common stock with aggregate value of ~$528.5M based on Dec. 23, 2025 closing price.
- Expands private banking and wealth management into Arizona and South Carolina, adding to existing Florida presence.
- Joseph Catti named Chairman of Commerce Trust and will continue leading the FineMark Bank & Trust division.
- Operational systems conversion planned for second half of 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22356/000110465926000016/0001104659-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22356/000110465926000016/tm2534427d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-000016

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