CBSHMEDIUM SIGNALFINANCIAL10-K

CBSH completed the acquisition of FineMark Holdings in January 2026, expanding its balance sheet while maintaining solid operational cash generation.

The FineMark acquisition represents a meaningful expansion for CBSH, evidenced by the 13 million share increase in outstanding stock and growth in stockholders' equity to $3.8 billion. The integration of FineMark National Bank into CBSH's existing bank subsidiary suggests a strategic consolidation to capture operational synergies and expand market presence.

Comparing 2026-02-24 vs 2025-02-25View on EDGAR →
FINANCIAL ANALYSIS

CBSH's financial profile reflects the impact of the FineMark acquisition, with stockholders' equity growing 14.5% to $3.8 billion while cash reserves declined 35% to $512 million, likely reflecting acquisition funding and integration costs. Operating cash flow improved modestly to $645 million, and the company increased share repurchases by 22% to $208 million, demonstrating continued capital return discipline. The moderate increase in credit loss provisions to $36 million suggests prudent risk management as the loan portfolio expands through the acquisition.

FINANCIAL STATEMENT CHANGES
Cash & Equivalents
Balance Sheet
-34.6%
$782.4M→$511.8M

Cash declined 34.6% — significant cash burn or deployment; verify adequacy of remaining liquidity runway.

Provision for Credit Losses
P&L
+26.3%
$28.1M→$35.5M

Loss provisions increased 26.3% — building reserves against anticipated credit deterioration.

Share Buybacks
Cash Flow
+21.8%
$170.5M→$207.6M

Share repurchases increased 21.8% — management returning capital, signals confidence in intrinsic value.

Stockholders Equity
Balance Sheet
+14.5%
$3.3B→$3.8B

Equity base grew 14.5% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Operating Cash Flow
Cash Flow
+11.6%
$577.9M→$645.1M

Operating cash flow grew 11.6% — strong conversion of earnings to cash, healthy business fundamentals.

LANGUAGE CHANGES
NEW — 2026-02-24
PRIOR — 2025-02-25
ADDED
As of February 20, 2026, there were 146,879,273 shares of Registrant s $5 Par Value Common Stock outstanding.
Market for Registrant s Common Equity, Related Shareholder Matters and Issuer Purchases of Equity Securities 21 Item 6.
Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters 145 Item 13.
At December 31, 2025, the Company had consolidated assets of $32.9 billion, loans of $17.8 billion, deposits of $25.6 billion, and equity of $3.8 billion.
On January 1, 2026, the Company completed its acquisition FineMark Holdings, Inc.
Immediately after the Merger, FineMark's wholly-owned subsidiary, FineMark National Bank Trust merged into the Bank, with the Bank continuing as the surviving bank.
The Company acquired all of the outstanding stock of FineMark Holdings, Inc., issuing 9.9 million shares of the Company's common stock.
FineMark has 13 banking offices in Florida, Arizona, and South Carolina, strengthening the Company's presence in Florida and adding new high-growth markets to the Company's wealth segment.
At December 31, 2025, FineMark had total loans of $2.7 billion, total deposits of $3.1 billion, and $8.7 billion in assets under administration.
During January 2026, the Company liquidated FineMark's held-to-maturity and available for sale debt securities portfolios generating total proceeds of $543.0 million, paid off $350 million of FHLB advances, and moved $1.0 billion of high-cost trust deposits off balance sheet.
REMOVED
As of February 19, 2025, there were 133,881,257 shares of Registrant s $5 Par Value Common Stock outstanding.
Market for Registrant s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 20 Item 6.
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 143 Item 13.
At December 31, 2024, the Company had consolidated assets of $32.0 billion, loans of $17.2 billion, deposits of $25.3 billion, and equity of $3.3 billion.
Employees and Human Capital The Company employed 4,537 persons on a full-time basis and 150 persons on a part-time basis at December 31, 2024.
Attracting and retaining talented team members is key to the Company s ability to execute its strategy and compete effectively.
The Company s intentional strategy has allowed it to maintain levels of engagement that have been recognized by its annual survey partner, Korn Ferry, for being best-in-class" and to be recognized by Forbes as one of the best mid-sized employers.
Operating Segments The Company is managed in three operating segments: Commercial, Consumer, and Wealth.
The Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, and consumer debit and credit bank card activities.
In 2024, the Commercial, Consumer and Wealth segments contributed 47%, 31% and 22% of total segment pre-tax income, respectively.
MORE FINANCIAL SIGNALS
CRMHIGHSalesforce significantly increased debt by 71% to $14.4B while simultaneously ac...
2026-03-02
UNHHIGHUNH's operating income plummeted 41% despite 12% revenue growth, indicating seve...
2026-03-02
PFEHIGHPfizer achieved a dramatic 87.3% reduction in total debt from $31.4B to $4.0B, r...
2026-02-26
GILDHIGHGILD dramatically increased R&D spending by 81.5% to $9.1B while introducing new...
2026-02-24
ANALYZE ANY FILING FREE

See what changed in your portfolio's filings

500+ US-listed companies analyzed. Language delta, financial analysis, instant signal scoring.

Try Tracenotes free →