Commerce Bancshares Inc., the holding company for Commerce Bank, announced it has received all regulatory approvals to complete its proposed merger with FineMark Holdings Inc., the holding company for FineMark National Bank & Trust. The transaction has been approved by the Federal Reserve Bank of Kansas City and the Missouri Division of Finance and remains subject to approval of FineMark shareholders and other customary closing conditions. The transaction is anticipated to close on Jan. 1, 2026, as previously announced.
“We are pleased to have received regulatory approval for our merger with FineMark,” said John Kemper, President and CEO of Commerce Bank. “This is a significant milestone in bringing our organizations together.”
Kemper continued, “With combined assets of $36 billion and $86 billion in wealth assets under administration, this partnership represents a powerful alignment of cultures, values, and vision. Together, we will have a stronger foundation for growth and will deliver more seamless, innovative and personalized experiences for our wealth management and private banking clients. This is more than a simple expansion; it’s a shared commitment to excellence, growth, and long-term value for our clients, shareholders and communities.”
As of June 30, 2025, FineMark had assets of $3.9 billion, deposits of $3.1 billion and loans of $2.7 billion. FineMark’s Trust and Investment business delivers a comprehensive suite of highly personalized services to approximately 2,000 clients with approximately $8.3 billion in assets under administration.
ABOUT COMMERCE
With $32.3 billion in assets, Commerce Bancshares 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.
ABOUT FINEMARK
FineMark Holdings 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 the OTCQX under the symbol FNBT. Investor information is available on FineMark’s website at www.finemarkbank.com.