Compass Bancshares Shareholders to Approve Election of Three Directors At Annual Meeting.Business Editors BIRMINGHAM, Ala.--(BUSINESS WIRE)--April 16, 2001 Sunbelt-based 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) ) today is holding its Annual Meeting, at which shareholders are overwhelmingly approving the election of three incumbent directors to serve three-year terms. Nominees for election are Charles W. Daniel, president of Dantract, Inc; Carl J. Gessler, Jr., M.D., partner in The Heart Center, P.C.; and D. Paul Jones Paul Jones can refer to:
Jones stated today, "2000 was another outstanding year for Compass. Despite an unstable interest rate environment, a slowing economy and market unrest, Compass delivered record earnings and earnings per share for the 13th consecutive year. While a cloud of economic uncertainty remains, our franchise is well-positioned in growing Sunbelt markets and the unwavering commitment of our employees provides us with confidence that we will meet the consensus estimate for the first quarter of 2001." Compass will host a conference call to discuss first quarter 2001 results at 2:00 p.m. CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT on Thursday, April 19, 2001. Additional material information, including forward-looking information such as considerations regarding future results, may be discussed during the presentation. Interested parties may access the call via either the Internet or telephone. Internet access to the call and to the supporting slide presentation will be available through Compass' web site www.compassweb.com. Click on the link labeled "Compass Bancshares Quarterly Conference Call" to access the webcast and slide presentation. For telephone access, dial 1-800-633-8954 to participate. Telephone participants are requested to dial in 10 minutes prior to the start of the call to allow time for all participants to log in. A replay of the conference call will be available through Compass' web site and by telephone at 1-800-633-8284, reservation number 18589253, until midnight on April 27, 2001. Compass Bancshares, Inc. is a Sunbelt-based financial holding company with more than $20 billion in assets and 340 full-service banking offices in Alabama, Arizona, Colorado, Florida, Nebraska, 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 13 consecutive years and dividends per share Dividends per share Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term. have increased for 20 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 Statements in this press release regarding Compass Bancshares, Inc.'s business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the Company's Annual Report or 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. |
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