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Home > Company Index > Banking > Banking - Southeast > Compass Bancshares, Inc.

Compass Bancshares, Inc.
Nasdaq: CBSS
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 NEWS FROM THE WIRES
RESEARCH ALERT-JP Morgan ups regional bank targets
Aug 01 2001 08:58 AM PDT

Brazil's currency slips but dollar inflows seen
Jul 19 2001 07:27 AM PDT

More WIRE STORIES about this company

 PROFILE
Compass Bancshares isn't quite a megabank, so it bought one. The company, which bought Denver-area firm MegaBank Financial, operates about 300 branches in Alabama, Arizona, Colorado, Florida, New Mexico, Nebraska, and Texas. The company offers such retail services as checking, savings, and deposit accounts; trusts; and insurance products. Commercial loans account for more than 30% of the bank's loan portfolio. Residential mortgages make up 20%; commercial real estate and construction loans are available. Subsidiaries provide discount brokerage, lease financing, and insurance. The Compass has been all over the map; it is growing through acquisitions.

 COMPETITION
Bank of America Corporation (BAC)
SouthTrust Corporation (SOTR)
Wells Fargo & Company (WFC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 1,731.70
1-Yr. Sales Growth: 16.3%
Employees: 6,700
Revenue per employee: $258,462.69

 KEY PEOPLE
• D. Paul Jones
    CEO
• Garrett R. Hegel
    CFO

 CONTACT INFO
15 S. 20th St.
Birmingham, AL 35233
US
Phone: 205-933-3000
Fax: 205-715-7363
Online: Web Site

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