Founded 1971 | ||
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 24 acquisitions over three years 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 Mercantile was a $36 billion multi-bank holding company headquartered in St. Louis operating 500 locations in Missouri, Iowa, Kansas, Illinois, Arkansas and Kentucky. Its individual components were:
References
Mercantile Bancorporation Wikipedia(Text) CC BY-SA