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Working at Commerce Bank

Zippia score 4.4

Overview

JobsSalaryRevenueLocationsReviewsHistoryDemographicsCompetitorsCEO & ExecutivesFAQsRemote jobsInternships

Commerce Bank overview

Industry
Finance
Revenue
$1.4B
Headquarters
Kansas City, MO
Employees
4,766
Founded in
1865
Website
Organization type
Public
Social media

Commerce Bancshares is a finance company focusing on business and personal banking, wealth management, and estate planning. Established in 1865 in Kansas City, Missouri, The company has grown significantly since its beginning. It now operates through its subsidiary, Commerce Bank, N.A., which is part of the regional bank holding group Commerce Bancshares, Inc. (NASDAQ: CBSH), with a $17.5 billion valuation. Commerce Bank provides a diversified line of financial services to individuals and businesses, including investments through its subsidiary and affiliated companies. The company's current CEO is Jonathan M. Kemper.

Headquartered in Missouri, the bank has a strong presence in the Midwest United States, operating approximately 350 locations in Missouri, Kansas, Illinois, Oklahoma, and Colorado. Commerce Bancshares also maintains subsidiaries involved in mortgage banking, leasing, credit-related insurance, venture capital, and real estate activities. Based in Kansas City, MO, Commerce Bank employs around 4,766 people and generates annual revenue of $1.4 billion. Despite being known for its lower employee salaries compared to competitors like Bank of the West and Santander Bank, Commerce Bank remains a key player in the finance industry.

Commerce Bank's mission statement

Commerce Bank will be the preferred provider of targeted financial service in our communities based on strong customer relationships. We will strengthen these relationships by providing the right solutions that combine our technology, experience and financial strength. Our goal is to create customer loyalty, shareholder value and employee satisfaction. Be Accessible, Offer Solutions, Build Relationships.

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The team at Commerce Bank

  • The key people at Commerce Bank is Jonathan M. Kemper.
Key people
Jonathan M. Kemper

Commerce Bank rankings

Commerce Bank is ranked #14 on the Best Finance companies to work for in Missouri list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Commerce Bank salaries

Average Commerce Bank salary
$36,626
yearly
$17.61 hourly
Updated March 14, 2024

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Commerce Bank diversity

9.2
Diversity score
We calculated Commerce Bank’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Commerce Bank’s workforce.
Commerce Bank diversity summary. Zippia estimates Commerce Bank's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Commerce Bank's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Commerce Bank's workforce.
  • Commerce Bank has 4,766 employees.
  • 64% of Commerce Bank employees are women, while 36% are men.
  • The most common ethnicity at Commerce Bank is White (65%).
  • 13% of Commerce Bank employees are Hispanic or Latino.
  • 10% of Commerce Bank employees are Black or African American.
  • The average employee at Commerce Bank makes $36,626 per year.
  • Employees at Commerce Bank stay with the company for 3.6 years on average.

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Commerce Bank office locations

Commerce Bank is headquartered in Kansas City, MO

Biggest Commerce Bank locations

RankCityJob countAvg. salary
1Kansas City, MO67$35,278
2Saint Louis, MO26$35,485
3Springfield, MO5$35,203
4Denver, CO3$37,899
5Oklahoma City, OK3$31,581
6Columbia, MO3$35,333

Commerce Bank financial performance

10.0
Performance score

Highest paying Commerce Bank competitors

Compare Commerce Bank salaries to competitors, including Bank of the West, Santander Bank, and Bank of America. Employees at Bank of the West earn the highest average yearly salary of $83,013. The salaries at Santander Bank average $59,783 per year, and the salaries at Bank of America come in at $53,211 per year.
RankCompanyAverage salaryJobs
1$83,0130
2$59,7830
3$53,2110
4$48,0330
5$46,7930
6$45,4170
7$41,7700
8$41,5990
9$40,5400
10$39,5910
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Commerce Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Commerce Bank. The employee data is based on information from people who have self-reported their past or current employments at Commerce Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Commerce Bank. The data presented on this page does not represent the view of Commerce Bank and its employees or that of Zippia.

    Commerce Bank may also be known as or be related to COMMERCE BANCSHARES INC MO, Commerce Bancshares, Commerce Bancshares Inc, Commerce Bancshares, Inc. and Commerce Bank.