secwatch / observer

COMMERCE BANCSHARES INC /MO/ — fact timeline

Source-grounded facts extracted from COMMERCE BANCSHARES INC /MO/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CBSH COMMERCE BANCSHARES INC /MO/ JSON

Benjamin F. Rassieur, III retired as Director at COMMERCE BANCSHARES INC /MO/.

“Mr. Benjamin F. Rassieur, III retired from the Board of Directors of Commerce Bancshares, Inc. (“Company”) effective May 7th, 2026, due to the mandatory retirement requirements of the Company.”

Steven A. Brandjord was appointed as Corporate Controller and Chief Accounting Officer at COMMERCE BANCSHARES INC /MO/.

“The Board of Directors of Commerce Bancshares, Inc. (“Company”) approved the Company's appointment of Steven A. Brandjord in the role of Corporate Controller and Chief Accounting Officer, effective May 15, 2026.”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported the three months ended March 31, 2026 results: revenue $475,691, net income $141,623, EPS $.96.

“share data) Mar. 31, 2026 Dec. 31, 2025 Mar. 31, 2025 FINANCIAL SUMMARY Net interest income $299,840 $283,152 $269,102 Non-interest income 175,851 166,208 158,949 Total revenue 475,691 449,360 428,051 Investment securities gains (losses) 11,647 2,929 (7,591) Provision for credit losses 10,960 15,993 14,487 Non-interest expense 291,126 252,995 238,376 Income”
M&A Transactions

COMMERCE BANCSHARES INC /MO/ completed an acquisition involving FineMark Holdings, Inc. for All-stock acquisition; each share of FineMark common stock converted into 0.7245 shares of Commerce common stock (adjusted for stock dividend), with cash in lie (closed 2026-01-01).

“the Certificate of Designation of the FineMark Preferred Stock) (other than certain excluded shares as described in the Merger Agreement) was converted into the right to receive 0.7245 of a share (as adjusted in accordance with the Merger Agreement for a stock dividend paid by Commerce to Commerce shareholders of record as of December 2, 2025, as previously”

Earl H. Devanny III retired as Director at COMMERCE BANCSHARES INC /MO/.

“Mr. Earl H. Devanny, III retired from the Board of Directors effective April 25, 2025, due to the Company's mandatory retirement age.”
Governance Changes

COMMERCE BANCSHARES INC /MO/: Amended Article II, Sections 1 and 2 of By-Laws to update provisions for annual and special meetings, including virtual or hybrid meeting options and setting annual meeting time and date details (effective 2024-10-25).

“On October 25, 2024, Commerce Bancshares, Inc. (the “Company”) amended its By-Laws to update certain provisions related to annual and special meetings of stockholders”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Advisory approval of the Company’s executive compensation as disclosed pursuant to Item 402 of Regulation S-K. at the 2024-04-17 meeting.

“Votes For Votes Against Votes Abstain Broker Non-Votes 86,062,202 8,088,604 563,031 20,299,454”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Ratification of the selection of KPMG LLP as the Company’s independent registered public accounting firm for 2024. at the 2024-04-17 meeting.

“Votes For Votes Against Votes Abstain Broker Non-Votes 113,324,892 1,442,714 245,685 —”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Election of three directors to the 2027 Class for a term of three years. at the 2024-04-17 meeting.

“Name of Director Votes For Votes Withheld Broker Non-Votes Terry D. Bassham 88,048,529 6,665,308 20,299,454 John W. Kemper 93,193,610 1,520,227 20,299,454 Jonathan M. Kemper 92,203,841 2,509,996 20,299,454”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported financial results for first quarter 2024.

“A copy of the press release issued April 16, 2024 by Commerce Bancshares, Inc. announcing First Quarter 2024 earnings is furnished under Item 2.02 of this Current Report on Form 8-K as Exhibit 99.1.”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported financial results for three months ended December 31, 2023.

“A copy of the press release issued January 18, 2024 by Commerce Bancshares, Inc. announcing Fourth Quarter 2023 earnings is furnished under Item 2.02 of this Current Report on Form 8-K as Exhibit 99.1.”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported the three months ended September 30, 2023 results: net income $120.6 million, EPS $.96 per share.

“Commerce Bancshares, Inc. announced earnings of $.96 per share for the three months ended September 30, 2023, compared to $.97 per share in the same quarter last year and $1.02 per share in the second quarter of 2023. Net income for the third quarter of 2023 amounted to $120.6 million, compared to $122.8 million in the third quarter of 2022 and $127.8 million in the prior quarter.”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported the six months ended June 30, 2023 results: revenue 786,378, net income $247,241, EPS $1.97.

“SUMMARY Net interest income $249,538 $251,623 $232,385 $501,161 $441,171 Non-interest income 147,605 137,612 139,427 285,217 271,196 Total revenue 397,143 389,235 371,812 786,378 712,367 Investment securities gains (losses) 3,392 (306) 1,029 3,086 8,192 Provision for credit losses 6,471 11,456 7,162 17,927 (2,696) Non-interest expense 227,611 224,107”
Earnings Releases

COMMERCE BANCSHARES INC /MO/ reported Second Quarter 2023 results: revenue 397,143, net income $127,789, EPS $1.02.

“2023 Jun. 30, 2022 FINANCIAL SUMMARY Net interest income $249,538 $251,623 $232,385 $501,161 $441,171 Non-interest income 147,605 137,612 139,427 285,217 271,196 Total revenue 397,143 389,235 371,812 786,378 712,367 Investment securities gains (losses) 3,392 (306) 1,029 3,086 8,192 Provision for credit losses 6,471 11,456 7,162 17,927 (2,696) Non-interest”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Approval of the amendment and restatement of the Commerce Bancshares, Inc. Equity Incentive Plan to extend the term of the plan and to increase the number of shares of Common Stock available for issuance to a total of 6,000,000 shares. at the 2023-04-19 meeting.

“Approval of the amendment and restatement of the Commerce Bancshares, Inc. Equity Incentive Plan to extend the term of the plan and to increase the number of shares of Common Stock available for issuance to a total of 6,000,000 shares. The proposal received the following votes: Votes For Votes Against Votes Abstain Broker Non-Votes 86,241,817 4,085,812 584,741 18,199,472 Based on the votes set forth above, the proposal to amend and restate the Equity Plan was approved.”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Approval of the amendment of the Company's Articles of Incorporation to increase the number of shares of authorized common stock from 140,000,000 to 190,000,000. at the 2023-04-19 meeting.

“Approval of the amendment of the Company's Articles of Incorporation to increase the number of shares of authorized common stock from 140,000,000 to 190,000,000. The proposal received the following votes: Votes For Votes Against Votes Abstain Broker Non-Votes 106,638,810 1,983,978 489,054 — Based on the votes set forth above, the proposal to amend the Articles of Incorporation was approved.”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Advisory, non-binding approval of the Company's frequency of shareholder votes on 'Say on Pay' executive compensation. at the 2023-04-19 meeting.

“Advisory, non-binding approval of the Company's frequency of shareholder votes on "Say on Pay" executive compensation in its proxy materials for future annual shareholder meetings or other meetings of shareholders at which directors will be elected. This proposal, commonly referred to as "Say on Pay Frequency", is required by Section 14A of the Securities and Exchange Act. Shareholders may vote for a frequency of "Say on Pay" votes of one, two or three years or may abstain from voting. The "Say on Pay Frequency" proposal received the following votes: One Year Two Years Three Years Votes Abstain Broker Non-Votes 88,154,816 285,364 2,036,147 436,043 18,199,472 Based on the votes set forth above, the non-binding proposal to approve the "Say on Pay" each year received the most votes.”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Advisory approval of the Company’s executive compensation as disclosed pursuant to Item 402 of Regulation S-K. at the 2023-04-19 meeting.

“Advisory approval of the Company’s executive compensation as disclosed pursuant to Item 402 of Regulation S-K. This proposal, commonly referred to as “Say on Pay,” is required by Section 14A of the Securities Exchange Act. The "Say on Pay" proposal received the following votes: Votes For Votes Against Votes Abstain Broker Non-Votes 83,536,386 6,913,442 462,542 18,199,472 Based on the votes set forth above, the non-binding proposal to approve the compensation awarded by the Company to its named executive officers passed.”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Ratification of the selection of KPMG LLP as the Company’s independent registered public accounting firm for 2023. at the 2023-04-19 meeting.

“Ratification of the selection of KPMG LLP as the Company’s independent registered public accounting firm for 2023. The proposal received the following votes: Votes For Votes Against Votes Abstain Broker Non-Votes 106,575,046 2,168,461 368,335 — Based on the votes set forth above, the appointment of KPMG LLP as the Company's independent registered public accounting firm to serve for 2023 was duly ratified by the shareholders.”
Shareholder Votes

COMMERCE BANCSHARES INC /MO/ shareholders approved Election of four directors to the 2026 Class for a term of three years. at the 2023-04-19 meeting.

“The four nominees for the four directorships received the following votes: Name of Director Votes For Votes Withheld Broker Non-Votes Blackford F. Brauer 89,923,906 988,464 18,199,472 W. Kyle Chapman 89,169,296 1,743,074 18,199,472 Karen L. Daniel 88,831,687 2,080,683 18,199,472 David W. Kemper 80,545,386 10,366,984 18,199,472 Based on the votes set forth above, the foregoing persons were duly elected to serve as directors for a term expiring at the annual meeting of shareholders in 2026 and until their respective successors have been duly elected and qualified.”

W. Kyle Chapman was appointed as Director at COMMERCE BANCSHARES INC /MO/.

“Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.”

Blackford F. Brauer was appointed as Director at COMMERCE BANCSHARES INC /MO/.

“Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.”

W. Thomas Grant II retired as Director at COMMERCE BANCSHARES INC /MO/.

“Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.”

John R. Capps retired as Director at COMMERCE BANCSHARES INC /MO/.

“Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.”

Andrew C. Taylor retired as Director at COMMERCE BANCSHARES INC /MO/.

“Mr. Andrew C. Taylor retired from the Board of Directors effective April 20, 2022, due to the Company’s mandatory retirement age.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.