Commerce Bancshares, Inc. (CBSH) Releases Results of 2016 Dodd-Frank Act Company-Run Capital Stress Test
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KANSAS CITY, Mo.--(BUSINESS WIRE)-- Commerce Bancshares, Inc. (NASDAQ: CBSH) announced the release of the results of its 2016 annual company-run capital stress test (“Dodd-Frank Act Stress Test” or “DFAST”). As a holding company with total consolidated assets of $10 billion or more, Commerce Bancshares is required to disclose the results of the severe adverse scenario of the DFAST annually beginning with the 2016 annual capital stress test.
Projections are based on internal models and conservative assumptions regarding a hypothetical severely adverse economic scenario provided by the Federal Reserve. The results cover the time period from January 1, 2016 through March 31, 2018.
Results can be found on the Investor Relations section of Commerce Bank’s website at https://www.commercebank.com/about/investor-relations/dodd-frank-stress-test-results.asp.
About Commerce Bancshares, Inc.
Commerce Bancshares, Inc. (NASDAQ: CBSH), is a regional bank holding company with $24.7 billion in assets, as of September 30, 2016. 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 340 locations in the central United States and has a nationwide presence in the commercial payments industry. Commerce Bancshares also has operating subsidiaries involved in leasing, credit-related insurance and private equity activities.
For additional information, please visit www.commercebank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161020006049/en/
Commerce Bancshares, Inc.
Jeffery D. Aberdeen, 816-234-2081
[email protected]
Source: Commerce Bancshares, Inc.
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