What are Commerce Bancshares Inc's Business Segments?
The Company is managed in three operating segments. The Consumer segment includes
the retail branch network, consumer installment lending, personal mortgage banking,
and consumer debit and credit bank card activities. It provides services through
a network of 191 full-service branches, a widespread ATM network of 387 machines,
and the use of alternative delivery channels such as extensive online banking,
mobile, and telephone banking services. The Commercial segment provides a full
array of corporate lending, merchant and commercial bank card products, leasing,
and international services, as well as business and government deposit and cash
management services. Fixed-income investments are sold to individuals and institutional
investors through the Capital Markets Group, which is also included in this segment.
In 2015, the Commercial segment contributed 60% of total segment pre-tax income.
The Wealth segment provides traditional trust and estate planning services, brokerage
services, and advisory and discretionary investment portfolio management services
to both personal and institutional corporate customers.
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