Business Wire·Apr 28, 2026, 11:13 AM ET

Commerce Bancshares Expands Share Repurchase Program, Reflecting Confidence in Long‑Term Value and Reinforcing Disciplined Capital Strategy

Commerce Bancshares, Inc. Board approved adding 2,500,000 shares to its common stock repurchase authorization.
Total authorized repurchases now reach 7,500,000 shares when combined with the remaining balance from the prior authorization as of October 31, 2025.
The expanded program reflects the Board's focus on disciplined capital management, long-term shareholder value creation, & financial flexibility for strategic priorities.
Repurchases may occur via open market purchases, privately negotiated transactions, or other compliant methods at management's discretion based on market conditions.
The program carries no obligation to purchase a specific number of shares, may be suspended or terminated at any time without notice, & offers no assurance on timing or volume.
Commerce Bancshares is a regional bank holding company with $35.7 billion in assets as of March 31, 2026, offering banking, payment solutions, wealth management, & securities brokerage.
Recent acquisition of FineMark Holdings, Inc. expanded the company's private banking & wealth management presence in Florida, Arizona, & South Carolina.
The company operates over 160 years of experience with an extensive network of centers across the Midwest, 11 states, & nationwide payment solutions.