Transaction Overview - Commerce Bancshares, Inc(CBSH) will acquire FineMark Holdings, Inc(FineMark) to expand its presence in high-growth markets and leverage its wealth platform[1] - The transaction value is $585.4 million[28] - The consideration is 100% stock, with a fixed exchange ratio of 0.690x shares of CBSH common stock for each share of FNBT[28] - FineMark has approximately $8 billion in Assets Under Administration (AUA) and $4 billion in banking assets[9] Financial Impact - The deal is expected to be approximately 6% accretive to 2026 consensus GAAP earnings[9] - Tangible book value per share (TBVPS) earnback is projected at 1.6 years[9] - The pro forma CET1 ratio is expected to be around 17% after the transaction[9] - Cost savings are estimated at 15%[9] FineMark Overview - FineMark has $7.7 billion in total trust assets under administration[15] - Total deposits for FineMark are $3.1 billion[15] - Total loans amount to $2.6 billion[15] - FineMark's CET1 ratio stands at 16%[15]