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Compass Bancshares announces dividend.


BIRMINGHAM, Ala.--(BUSINESS WIRE)--November 21, 1994--The directors of Compass Bancshares, Inc. (NASDAQ/NMS:CBSS CBSS - Closed-Breach Scavenging System (compressed air system for removing smoke from tank gun tubes)
CBSS - Coastal Border Surveillance System (MSSC)
CBSS - Council of Baltic Sea States
CBSS - Craft and Boat Support System
) have declared a fourth quarter dividend of $.23 per share of common stock.

The dividend is payable on January 2, 1995, to shareholders of record of the company's $2.00 par value common stock as of the close of business on December 15, 1994.

Compass Bancshares, Inc. is an $8.4 billion bank holding company with 178 offices in Alabama, Florida and Texas. Compass reported record earnings of $73.2 million in the first nine months of 1994, and has a capital base of $586 million. Shares of the company's common stock are traded through the NASDAQ national market system under the symbol CBSS.

CONTACT: Compass Bancshares, Inc., Birmingham
              Michael A. Bean, 205/558-5740
              Ellen Laden, 205/933-3554
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Copyright 1994, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 21, 1994
Words:133
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