Commerce Bancshares, Inc. announces employee bonuses following tax reform bill
In making this announcement, David Kemper, Chairman and CEO, commented “The new tax reform legislation should be very positive for economic growth and capital investment which will benefit the banking industry. This new law makes the banking industry more competitive and allows us to reward our core employees who work hard every day to provide superior service to the people and the companies we serve while building long term customer relationships so important to our communities and shareholders. In addition, we are very pleased to provide significant additional funding to The Commerce Bancshares Foundation which will strengthen our ability to continue to support the communities where we do business and whose prosperity is so important to our business.”
Commerce Bancshares, Inc. is a registered bank holding company offering a full line of banking services including investment management and securities brokerage. The Company currently operates in approximately 330 locations in Missouri, Kansas, Illinois, Oklahoma, Colorado, Ohio, Tennessee, Texas, Indiana, Michigan, and Iowa.
About Commerce Bancshares, Inc.
Commerce Bancshares, Inc. (NASDAQ: CBSH), is a regional bank holding company with $25.0 billion in assets, as of September 30, 2017. For more than 150 years, Commerce Bank, a subsidiary of Commerce Bancshares, Inc., 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, mortgage banking, wealth management, brokerage and capital markets services. Commerce operates in more than 330 locations in the central United States and has a nationwide presence in the commercial payments industry.
For additional information, please visit www.commercebank.com.