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Market Commentary on Commerce Bancorp Inc.

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M2 PRESSWIRE-31 May 2007-bellwetherreport.com: Market Commentary on Commerce Bancorp Inc(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:31052007

Market Commentary on Commerce Bancorp Inc (NYSE:CBH)

Commerce Bancorp, Inc. operates as the holding company for Commerce Bank N.A. and Commerce Bank/North, which provide retail and commercial banking services for consumers, and small and mid-sized companies. The company, through its subsidiaries, accepts checking accounts, savings programs, money market accounts, negotiable orders of withdrawal accounts, and certificates of deposit. It also offers consumer loan programs, including installment loans for home improvement and the purchase of consumer goods and automobiles, home equity and revolving lines of credit, and construction loans and permanent mortgages for houses, as well as short-term loans for seasonal or working capital purposes, term loans for fixed assets and expansion purposes, revolving credit plans, and other commercial loans and leases. The company also offers safe deposit facilities, coin counting, overdraft checking, and automated teller facilities. As of December 31, 2006, it operated 428 retail stores in New Jersey, Pennsylvania, Delaware,...