Kansas City-based Commerce Bancshares Inc. received regulatory approval to acquire Fort Myers-based FineMark National Bank & Trust. Approved by the Federal Reserve Bank of Kansas City and the Missouri Division of Finance, the merger now awaits FineMark shareholder approval and customary closing conditions. The $585 million all-stock transaction is expected to close Jan. 1, 2026. With combined assets of $36 billion and $86 billion in wealth assets under administration, the companies plan to strengthen their private banking and wealth management services. FineMark, founded in 2007, has $3.9 billion in assets and $8.3 billion in trust and investment assets under administration.
Commerce Bancshares wins approval for FineMark deal
FineMark National Bank & Trust headquarters in Fort Myers. Parent company FineMark Holdings is set to be acquired by Commerce Bancshares in a merger expected to close Jan. 1, 2026.
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