KANSAS CITY, Mo.--(BUSINESS WIRE)--
Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board
of Directors declared a quarterly dividend
of $0.225 per share on the company's common stock, which compares to the
regular prior dividend of $0.219 as adjusted for the 5 percent stock
dividend that was paid on December 17, 2012. This represents an increase
in the quarterly dividend per share of 2.7% and marks the 45th
consecutive year that the company has increased its regular cash
dividend per share. The dividend is payable on March 25, 2013 to
stockholders of record at the close of business on March 6, 2013.
About Commerce Bancshares, Inc.
Commerce Bank, is a subsidiary of Commerce Bancshares, Inc. (NASDAQ:
CBSH), a $22.2 billion regional bank holding company. For more than 145
years, Commerce Bank has been meeting the financial services needs of
individuals and businesses. Commerce Bank provides a diversified line of
financial services, including business and personal banking, wealth
management, financial planning, and investments through its affiliated
companies. Commerce Bank operates in more than 360 retail locations in
the Central United States and has a nationwide presence in the
commercial payments industry. Commerce Bancshares also has operating
subsidiaries involved in mortgage banking, leasing, credit-related
insurance, private equity and real estate activities.
Press Release $CBSH Commerce Bancshares, Inc.
KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced today that its Board of Directors declared a quarterly dividend of $0.225 per share on the company's common stock, which compares to the regular prior dividend of $0.219 as adjusted for the 5 percent stock dividend that was paid on December 17, 2012. This represents an increase in the quarterly dividend per share of 2.7% and marks the 45th consecutive year that the company has increased its regular cash dividend per share. The dividend is payable on March 25, 2013 to stockholders of record at the close of business on March 6, 2013.
About Commerce Bancshares, Inc.
Commerce Bank, is a subsidiary of Commerce Bancshares, Inc. (NASDAQ: CBSH), a $22.2 billion regional bank holding company. For more than 145 years, Commerce Bank has been meeting the financial services needs of individuals and businesses. Commerce Bank provides a diversified line of financial services, including business and personal banking, wealth management, financial planning, and investments through its affiliated companies. Commerce Bank operates in more than 360 retail locations in the Central United States and has a nationwide presence in the commercial payments industry. Commerce Bancshares also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, private equity and real estate activities.
www.commercebank.com
mymoney@commercebank.com
Commerce Bancshares, Inc.
Jeffrey D. Aberdeen, 816-234-2081,
Jeff.Aberdeen@commercebank.com
Source: Commerce Bancshares, Inc.