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Home > Company Index > Banking > Banking - Mid-Atlantic > Mercantile Bankshares Corporation

Mercantile Bankshares Corporation
Nasdaq: MRBK
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 NEWS FROM THE STANDARD
Bank Dumps DigiCash
Sep 17 1998 12:00 AM PDT

 PROFILE
Mercantile Bankshares is a holding company for some 20 community banks, a mortgage banking company, an insurance agency, a leasing firm, and other financial services units. The company offers consumer and corporate banking, cash management for businesses, asset-based lending, investment management, and trust services for individuals and institutions. Mercantile Bankshares also sells annuities and insurance. Its retail banking services include checking and savings accounts and a full array of loan services, concentrating on mortgages (more than 40% of the portfolio) and commercial loans (almost a third). The company conducts its business through nearly 200 offices in Delaware, Maryland, and Virginia.

 COMPETITION
Allfirst Financial Inc. (dossier)
Bank of America Corporation (BAC)
Provident Bankshares Corporation (PBKS)

 STOCK ANALYSIS
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• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 772.00
1-Yr. Sales Growth: 13.3%
Employees: 2,979
Revenue per employee: $259,147.36

 KEY PEOPLE
• Edward J. Kelly
    CEO
• Terry L. Troupe
    CFO

 CONTACT INFO
2 Hopkins Plaza
Baltimore, MD 21203
US
Phone: 410-237-5900
Fax: 410-237-5576
Online: Web Site

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