Business
Exchange Ratio Adjusted for Commerce Bancshares, Inc.’s Pending Acquisition of FineMark Holdings, Inc.
KANSAS CITY, Mo. & FORT MYERS, Fla.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) (“Commerce”) and FineMark Holdings, Inc. (OTCQX: FNBT)
About this update from Commerce Bancshares, Inc.
[{"type":"text","content":" KANSAS CITY, Mo. & FORT MYERS, Fla.--(BUSINESS WIRE)--\nCommerce Bancshares, Inc. (NASDAQ: CBSH) (“Commerce”) and FineMark Holdings, Inc. (OTCQX: FNBT) (“FineMark”) announced today that the exchange ratio for the pending acquisition of FineMark Holdings, Inc. has been adjusted to 0.7245 shares of Commerce stock for each share of FineMark stock. The original exchange ratio has been adjusted from 0.690 shares of Commerce stock for each share of FineMark stock to reflect the 5% stock dividend declared on October 31, 2025 by Commerce and payable on December 16, 2025 to CBSH shareholders of record as of December 2, 2025.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251203859703/en/\nABOUT COMMERCE\n\nWith $32.3 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a regional bank holding company offering a full line of banking services through its subsidiaries, including payment solutions, investment management and securities brokerage. One of its subsidiaries, Commerce Bank, leverages 160 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. Beyond the Midwest, Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston and Naples. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial and wealth offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at www.commercebank.com.\n\n1As of September 30, 2025\n\nABOUT FINEMARK\n\nFineMark Holdings, Inc. is the parent company of FineMark National Bank & Trust. Founded in 2007, FineMark is a nationally chartered bank and trust company, headquartered in Florida. Through its offices located in Florida, Arizona and South Carolina, FineMark offers a full range of financial services, including personal and business banking, lending, trust and investment services. FineMark’s common stock trades on th...