|
St. Louis, MO, February 2, 2007 — Commerce Bancshares, Inc. announced today that its Board of Directors declared a quarterly dividend of $0.25 per share on the Company's common stock which represents a 7.2% increase over the prior dividend of $0.245 per share when adjusted for the 5 percent stock dividend paid on December 13, 2006. This marks the 38th consecutive year the company has increased total dividends per share. The dividend is payable on March 28, 2007 to stockholders of record at the close of business on March 9, 2007.
About Commerce Bancshares, Inc.
Commerce Bancshares Inc. (NASDAQ: CBSH) is a $15.2 billion regional bank holding company. For more than 140 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a diversified line of financial services, including business and personal banking, wealth management and estate planning and investments through its affiliated companies. Commerce operates in the Midwest, primarily in Missouri, Kansas and Illinois with nearly 360 locations and also has operating subsidiaries involved in mortgage banking, credit related insurance, venture capital and real estate activities.
For more information contact:
Jeffery D. Aberdeen
Controller
(816) 234-2081
Website: www.commercebank.com
e-mail: mymoney@commercebank.com
SYMBOL: CBSH
# # #
|
