Commerce Bancshares operates as the bank holding company for Commerce Bank that provides retail, corporate, investment, trust, and asset management products and services to individuals and businesses in Missouri, Kansas, Illinois, Oklahoma, and Colorado. The company was founded in 1865 and is based in Kansas City, Missouri.
Moody's Investors Service ("Moody's") has affirmed the ratings and assessments of Commerce Bank ("Commerce"), which has a standalone Baseline Credit Assessment (BCA) of a1, long- and short-term deposit ratings of Aa2/Prime-1, and a long-term issuer rating of A2. Its counterparty risk ratings (local and foreign currency) are A1/Prime-1.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]