Compass Bancshares Named to Forbes Platinum 400 List for Fifth Consecutive Year.Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jan. 9, 2004 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: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 top 400 best big companies in America for the fifth consecutive year. The Forbes "Platinum 400" list is based on companies who earn the highest aggregate scores for both long- and short-term financial returns, plus other performance and valuation measures. Compass was one of only 22 banking companies named to the "Platinum 400" and one of only nine banking companies to have earned this distinction for five or more years. "Compass' inclusion on the Platinum 400 provides convincing evidence that our growth strategies are working and continue to produce superior results. We continue to believe that generating consistent growth in earnings and reinvesting in our franchise through targeted geographical expansion in key Southwestern markets are the best ways to ensure that long-term value is created for our shareholders," said D. Paul Jones Paul Jones can refer to:
Compass Bancshares, Inc. is a $26.2 billion Southwestern financial holding company which operates 367 full-service banking offices in Alabama, Arizona, Colorado, Florida, New Mexico and Texas. Compass is among the top 40 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. The company's earnings per share have increased for 15 consecutive years and dividends have increased for 22 consecutive years. Shares of Compass' common stock are traded through the Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol CBSS. "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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