Commerce Bank Receivea Financial Rating

Moody’s Investor Services reaffirms the financial stability of Commerce Bancshares Inc., by giving the Missouri-based bank holding company a composite financial strength rating of B+.
The deposits of the company’s lead bank were rated Aa2. Both ratings have a stable outlook.
A deposit rating of Aa2 reflects a financial institution with obligations that are judged to be of high quality and are subject to less volatility.
“Commerce continues to be the only bank company receiving a B+ or higher among regional banks with assets between $10 billion and $100 billion,” said David W. Kemper, chairman and CEO of Commerce Bancshares. “Of the 50 largest banks in the country, now only three have a higher bank financial strength rating. While this is a challenging economic environment for many banks, Commerce’s disciplined lending philosophy and strong investment portfolio serve us well at a time when credit discipline and capital adequacy have become central issues in our industry. Our super community banking platform allows us to provide high service levels and competitive products while generating the type of financial returns that enabled Commerce to receive consistently high ratings from Moody’s.”

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