Compass Bancshares Named to Forbes Platinum 400 List for Eighth Consecutive Year.BIRMINGHAM, Ala. -- Compass Bancshares Compass Bancshares, Inc. is a privately held company based in Birmingham, Alabama. Its subsidiary, Compass Bank, is a Southwestern financial holding company with $47 billion in assets and 417 full-service banking offices in Alabama, Arizona, Colorado, Florida, New Mexico, and Texas. , Inc., (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBSS CBSS Council of Baltic Sea States CBSS Craft and Boat Support System CBSS Coastal Border Surveillance System (MSSC) CBSS Closed-Breach Scavenging System (compressed air system for removing smoke from tank gun tubes) ) is pleased to announce its inclusion in Forbes Magazine's prestigious ranking of the 400 best big companies in America for the eighth consecutive year. Compass was one of only 18 banking companies named to the "Platinum 400" and one of only four banking companies to have earned this distinction for eight or more years. In addition, Compass ranked second in rewarding shareholders among all banks on the list based on five-year total return. "Consistent earnings growth is a distinguishing hallmark of Compass and our inclusion on the Forbes' Platinum 400 list provides further evidence that our growth strategies are working and continue to produce superior results. Equally important, it reflects our ability to successfully navigate a variety of economic environments. We continue to believe that generating consistent growth in earnings and reinvesting in our franchise are the best ways to ensure that long-term value is created for our shareholders," said D. Paul Jones Paul Jones can refer to:
The Forbes "Platinum 400" is based on companies with at least $1 billion in revenue that receive high rankings for corporate practices as well as long- and short-term sales and earnings growth and stock market performance. Compass Bancshares, Inc. is a $34 billion Southwestern financial holding company which operates 412 full-service banking centers including 162 in Texas, 89 in Alabama, 74 in Arizona, 44 in Florida, 33 in Colorado and 10 in New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). . Compass is among the top 30 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. Shares of Compass' common stock are traded through the NASDAQ Global Select Market(SM) exchange under the symbol CBSS. Additional information about Compass, a member of the S&P 500 Index and Dow Jones Select Dividend Index, can be found at www.compassbank.com. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Compass Bancshares, Inc. notes that any statements in this press release, and elsewhere, that are not historical facts are "forward-looking statements" that involve risks and uncertainties that may cause the Company's actual results of operations to differ materially from expected results. For a discussion of such risks and uncertainties, see the Company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the most recently ended fiscal year as well as its other filings with the U.S. Securities and Exchange Commission. |
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