Bank / Credit Union
Commerce Bancshares gains shareholder approval for FineMark merger
October 23, 2025
FineMark Holdings Inc., the parent company of FineMark National Bank & Trust announced its shareholders have approved the merger with Commerce Bancshares. Through this agreement, Commerce will acquire FineMark, according to a press release.
During the shareholder vote, over 99% approved the merger. The companies first announced this agreement on June 16 for Commerce Bank to acquire FineMark in an all stock transaction valued at $585 million. It has received approval from the Federal Reserve Bank of Kansas City and Missouri Division of Finance.
"The results of our shareholder vote reflect our belief that this merger offers a tremendous opportunity for our clients, associates, and shareholders. We are optimistic about the future and excited to join forces with Commerce to strengthen our capabilities and expand our reach as one company," Joseph Catti, chairman and CEO of FineMark, said in the release.
