Commerce Bancshares (CBSH) risk factors
Item 1A of every Commerce Bancshares Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors24 risks4 new1 reworded
The risk section is dominated by new exposures related to the pending FineMark merger, including integration challenges, costs, and personnel retention. Market condition risks were updated to reflect the 2025 and 2026 economic outlook regarding tariffs and inflation.
Filed Feb 24, 2026 - FY2024 10-K risk factors20 risks
Geographic concentration in Missouri, Kansas, Illinois, Oklahoma, and Colorado exposes the bank to regional economic downturns. Net interest income drives 63% of total revenue, heightening sensitivity to Federal Reserve monetary policy and interest rate shifts. Heavy reliance on subsidiary bank dividends and third-party vendors creates operational and liquidity dependencies.
Filed Feb 25, 2025