Commerce Bancshares adjusts exchange ratio for FineMark acquisition

Commerce Bancshares Inc. (NASDAQ: CBSH) and FineMark Holdings Inc. (OTCQX: FNBT) announced an adjustment to the exchange ratio for Commerce's pending acquisition of FineMark.

The exchange ratio has been modified to 0.7245 shares of Commerce stock for each share of FineMark stock, up from the original ratio of 0.690 shares. The adjustment reflects Commerce's 5% stock dividend declared on October 31, 2025, which is payable on December 16, 2025, to shareholders of record as of December 2, 2025.

Commerce Bancshares is a regional bank holding company with $32.3 billion in assets as of September 30, 2025. The company 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. Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids, with wealth offices in Dallas, Houston and Naples.

FineMark Holdings is the parent company of FineMark National Bank & Trust, founded in 2007. The company operates as a nationally chartered bank and trust company headquartered in Florida, with offices in Florida, Arizona and South Carolina. FineMark offers personal and business banking, lending, trust and investment services.

The information was disclosed in a press release statement from the companies.

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