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Wright Reports > Company Profile Report > C > Commerce Bancorp Inc

Commerce Bancorp Inc - Company Profile Snapshot

Company Profile: Commerce Bancorp Inc
Ticker: CBH
Exchanges: NYSE
2007 Sales: 3,166,000,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 12700

Business Description
Commerce Bancorp Inc. The Group's principal activity is to provide services including retail and commercial banking, corporate trust, insurance brokerage and business leasing services. Banking services include checking accounts and savings programs, money market accounts, negotiable orders of withdrawal accounts, certificates of deposit, safe deposit facilities, working capital loans, term loans, commercial loans and real estate mortgage loans. Trust services include bond trustee, paying agent and registrar for municipal bond offerings. Insurance brokerage services include commercial property and casualty insurance and employee benefit programs. Investment management services are trading, underwriting and advisory services. As on 31-Dec-2007, the Group had 470 banking offices serving New Jersey, Pennsylvania, Delaware, New York, Connecticut, Virginia, Florida and the District of Columbia.

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