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Commerce Bancshares, Inc. (NASDAQ: CBSH) and FineMark Holdings, Inc. (OTCQX: FNBT) announced Oct 15, 2025, that FineMark’s shareholders approved and adopted the definitive merger agreement pursuant to which Commerce will acquire FineMark.
Over 99 percent of the votes cast were in favor of the merger proposal.
Joseph Catti, chairman and CEO of FineMark, added, “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.”
“We are pleased to have such strong support from FineMark’s shareholders,” said John Kemper, president and CEO of Commerce. “FineMark’s commitment to excellent client service and community values aligns well with ours, and we look forward to building something even stronger together.”
On June 16 of this year, the companies announced a definitive agreement pursuant to which Commerce will acquire FineMark in an all-stock transaction valued at approximately $585 million.
As previously reported, promptly following the filing of the merger applications, the parties received all regulatory approvals from the Federal Reserve Bank of Kansas City and the Missouri Division of Finance to complete the transaction.
The transaction remains subject to customary closing conditions and is on track to close Jan. 1, 2026.
FineMark Holdings, Inc. is the parent company of FineMark National Bank & Trust.
Founded in 2007, FineMark is a nationally chartered bank and trust company, headquartered in Florida.
Through its offices located in Florida, Arizona and South Carolina, FineMark offers a full range of financial services.
Commerce Bank, a Commerce Bancshares subsidiary, operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver.
Beyond the Midwest, Commerce also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids and wealth offices in Dallas, Houston and Naples.
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