BUSINESS MEMO: MERCANTILE EARNINGS
This article comes from our electronic archive and has not been reviewed. It may contain glitches.
Monday, October 26, 1998
Mercantile Bancorporation Inc. has reported third-quarter earnings at $110,506,000 or 71 cents a share, an increase of 4.4 percent from third-quarter results of a year ago, before the impact of nonrecurring items. Net income for the quarter was $63,144,000, or 41 cents a share. During the quarter, Mercantile recorded after-tax merger expenses of $76.8 million.
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