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Home > Company Index > Banking > Banking - Midwest > AMCORE Financial, Inc.

AMCORE Financial, Inc.
Nasdaq: AMFI
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 PROFILE
AMCORE Financial is the holding company for AMCORE Bank, the result of a 10-bank consolidation in 1999. With more than 60 branches in northern Illinois and southern Wisconsin, the company offers standard banking services, operates consumer finance and mortgage lending subsidiaries, and boasts a high-profile asset management business (assets under management surpass assets owned by the bank itself), including sales of the firm's Vintage mutual funds. Real estate mortgages account for nearly 60% the company's loans, and commercial, agricultural, and financial loans comprise more than a quarter. The balance are installment and consumer loans. In 2000 the company joined the ranks of those sued for predatory lending.

 COMPETITION
BANK ONE CORPORATION (ONE)
National City Corporation (NCC)
U.S. Bancorp (USB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 382.90
1-Yr. Sales Growth: 6.9%
Employees: 1,333
Revenue per employee: $287,246.81

 KEY PEOPLE
• Robert J. Meuleman
    CEO
• John R. Hecht
    CFO

 CONTACT INFO
501 7th St.
Rockford, IL 61104
US
Phone: 815-968-2241
Fax: 815-961-7544
Online: Web Site

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