Commerce Bancorp, Inc. To Announce Fourth Quarter Earnings Results on

    Business Editors/Banking Writers

    CHERRY HILL, N.J.--(BUSINESS WIRE)--Jan. 6, 2005--Commerce Bancorp, Inc. (NYSE:CBH) announced today that it will release fourth quarter results after the market closing on Thursday, January 13, 2005.
    Commerce's management will host a conference call on Friday, January 14, 2005 at 10:00 a.m. (Eastern Time) to discuss the earnings results and business trends. Individuals are encouraged to call in beginning at 9:45 a.m. by dialing 800-289-0569. (Leader: C. Edward Jordan, Jr.). Individuals calling from outside the United States should dial 913-981-5542. (Leader: C. Edward Jordan, Jr.). A replay of the call will be available for five (5) calendar days beginning the afternoon of January 14 by dialing (888) 203-1112 (Domestic) or 719-457-0820 (International) and entering confirmation code #647028.
    Alternatively, individuals may listen to the live webcast of the presentation by visiting the Commerce web site at www.commereconline.com. The webcast will be hosted under "Investor Relations" located on the home page of the website. Beginning the afternoon of January 14, 2005 listeners may access an archived version of the presentation on the "Investor Relations" page.
    Commerce Bancorp, Inc. is a $30.0 billion bank holding company headquartered in Cherry Hill, New Jersey with 319 banking offices serving New Jersey, Pennsylvania, Delaware and New York, and augmented by Commerce Insurance Services, Inc. and Commerce Capital Markets, Inc.

    Forward-Looking Statements

    The Company may from time to time make written or oral "forward-looking statements", including statements contained in the Company's filings with the Securities and Exchange Commission, in its reports to stockholders and in other communications by the Company, which are made in good faith by the Company pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.

    These forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, estimates and intentions, that are subject to significant risks and uncertainties and are subject to change based on various factors (some of which are beyond the Company's control). The words "may", "could", "should", "would", "believe", "anticipate", "estimate", "expect", "intend", "plan", and similar expressions are intended to identify forward-looking statements. The following factors, among others, could cause the Company's financial performance to differ materially from that expressed in such forward-looking statements: the strength of the United States economy in general and the strength of the local economies in which the Company conducts operations; the effects of, and changes in, trade, monetary and fiscal policies, including interest rate policies of the Board of Governors of the Federal Reserve System (the "FRB"); inflation; interest rates, market and monetary fluctuations; the timely development of competitive new products and services by the Company and the acceptance of such products and services by customers; the willingness of customers to substitute competitors' products and services for the Company's products and services and vice versa; the impact of changes in financial services' laws and regulations (including laws concerning taxes, banking, securities and insurance); technological changes; future acquisitions; the expense savings and revenue enhancements from acquisitions being less than expected; the growth and profitability of the Company's non-interest or fee income being less than expected; unanticipated regulatory or judicial proceedings; changes in consumer spending and saving habits; and the success of the Company at managing the risks involved in the foregoing.

    The Company cautions that the foregoing list of important factors is not exclusive. The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company.

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CONTACT: Commerce Bancorp, Inc., Cherry Hill Vernon W. Hill, II or C. Edward Jordan, Jr. 856-751-9000

KEYWORD: NEW JERSEY INDUSTRY KEYWORD: BANKING EARNINGS CONFERENCE CALLS SOURCE: Commerce Bancorp, Inc.

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