About the Company
Mercantile Bancorporation was the largest bank holding company in Missouri when it was acquired by Firstar Corporation in 1999. The Mercantile Bank of St. Louis was founded in St. Louis, Missouri, in 1850. In 1996, its chief executive Thomas H. Jacobsen began a series of acquisitions, increasing its assets from $15.9 billion to $35.8 billion. One of the biggest acquisitions was that of Mark Twain Bancshares in 1996. At the time of its acquisition by Firstar, Mercantile was a $36 billion multi-bank holding company headquartered in St. Louis operating 500 locations in Missouri, Iowa, Kansas, Illinois, Arkansas and Kentucky.
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Latest $MBWM News
Mercantile Bank Corp MBWM
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings ...
MBWM Stock Earnings: Mercantile Bank Beats EPS, Beats Revenue for Q1 2024
MBWM stock results show that Mercantile Bank beat analyst estimates for earnings per share and beat on revenue for the first ...
Mercantile Bank declares $0.35 dividend
Mercantile Bank (MBWM) declares $0.35/share quarterly dividend, in line with previous. Forward yield 3.95% Payable June 19; for shareholders of record June 7.
Bank of America's Q1 profits fall 18% on higher expenses, charge-offs
Investment banking was one strong point for the bank this quarter, with global investment banking fees up 35% in the quarter.
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