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 payable September 25, 2014, to stockholders of record at the close of business on September 5, 2014.
Also today the Board of Directors approved a dividend of $0.30 per depositary share on the Company’s Series B non-cumulative perpetual preferred stock (NASDAQ: CBSHP) payable September 2, 2014, to stockholders of record at the close of business on August 15, 2014.
About Commerce Bancshares, Inc.
Commerce Bancshares, Inc. (NASDAQ: CBSH), is a regional bank holding company with $23.0 billion in assets, as of June 30, 2014. For almost 150 years, Commerce has been meeting the financial services needs of individuals and businesses. Commerce provides a full range of financial products to consumer and commercial customers, including personal banking, lending, wealth management, brokerage and capital markets services. Commerce operates in more than 350 retail locations in the central United States and has a nationwide presence in the commercial payments industry. Commerce also has operating subsidiaries involved in mortgage banking, leasing, credit-related insurance, and private equity activities.