Commerce Bancshares completes FineMark acquisition

Commerce Bancshares, Inc. (NASDAQ: CBSH) completed its acquisition of FineMark Holdings, Inc., the parent company of FineMark National Bank & Trust, according to a company statement.

The acquisition brings Commerce's total assets to approximately $36 billion and assets under administration to $90 billion, ranking it 15th among bank-managed trust companies based on assets under management using September 30, 2025 data.

The transaction expands Commerce's private banking and wealth management operations, building on its Florida presence and adding locations in Arizona and South Carolina. FineMark National Bank & Trust was merged into Commerce Bank following the closing and will operate as FineMark Bank & Trust, a division of Commerce Bank.

Joseph Catti will serve as Chairman of Commerce Trust and continue leading the FineMark Bank & Trust division. The company plans to convert operational systems for integration during the second half of 2026.

"FineMark is a natural culture fit, with a history of strong asset quality, a shared client-centric approach to wealth management and banking, and a commitment to building strong communities," said John Kemper, Commerce's president and chief executive officer.

Commerce maintains banking centers, wealth offices and ATMs throughout the Midwest, along with commercial offices in 11 states. The company provides payment solutions nationwide through its subsidiaries.

FineMark will continue serving clients from existing locations while preserving advisor-client relationships during the integration process.

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