Mercantile Bankshares Corp

• Mega-Banks in Md., Community Banks Vie for Turf

What a difference a decade can make. Ten years ago, half of the 10 banks with the most market share in Maryland were based here. But, as Allfirst Bank, First Union, Provident Bank of Maryland, Mercantile Bankshares Corp. and Farmers Bank of Maryland were bought, the state's banking landscape changed dramatically.

• The Daily Record (Baltimore)
• November 24, 2011

• Mercantile Bankshares Corp., Pnc Financial Services Report Strong Gains As Merger Nears

Mercantile Bankshares Corp. took a hit to its earnings in the fourth quarter but overcame expenses related to its pending merger with Pittsburgh-based PNC Financial Services Group Inc. to bring home growing returns for 2006. Mercantile's net income for the year was $288.3 million, up 4.3 percent from 2005, Mercantile reported yesterday. Earnings per diluted share were $2.30, a 1.8 percent increase.

• The Daily Record (Baltimore)
• January 24, 2007

• Baltimore-Based Mercantile Bankshares Corp.'S Shareholders Approve Merger

Though shareholders of Mercantile Bankshares Corp. overwhelmingly approved the Baltimore-based company's merger with PNC Financial Services Group Inc. Tuesday morning, some did so with heavy hearts. The $6 billion stock and cash transaction got 92.5 million affirmative votes, to 4 million opposed. However, the actual shareholders' meeting was colored by some investors' regret over the absorption of Baltimore's largest bank into Pittsburgh-based PNC.

• The Daily Record (Baltimore)
• March 01, 2007

• Baltimore-Based Mercantile Bankshares Corp. Announces Quarterly Dividend

Mercantile Bankshares Corp., of Baltimore, announced a quarterly dividend of 38 cents per share of common stock, payable June 30 to stockholders of re...

• The Daily Record (Baltimore)
• May 09, 2005

• Bank to Cut 300 Jobs in Linthicum

The county's Workforce Development Corp. said Linthicum will lose about 325 jobs by September as a result of the recent purchase of Mercantile Bankshares Corp. by PNC Financial Services Group Inc. But agency officials urged calm.

• Maryland Gazette
• June 25, 2007

• Mercantile Bankshares Corp. Stockholders to Receive Quarterly Dividend

Mercantile Bankshares Corp. stockholders will receive a quarterly dividend of 28 cents per share on their common stock, payable Dec. 29 to stockholder...

• The Daily Record (Baltimore)
• December 12, 2006

• Pnc Earns $407 Million in Third Quarter

PNC Financial Services Group reported quarterly earnings of $407 million on Thursday, compared with $1.5 billion the year earlier. Year-ago earnings included a $1.3 billion gain after taxes from its stake in money management firm BlackRock, which merged into Merrill Lynch Investment Managers a year ago. PNC's retail bank earned $250 million last quarter, compared with $206 million the year before. Results include those of Mercantile Bankshares Corp., the Baltimore- based bank that PNC acquired earlier this year. On a per-share basis, earnings equaled $1.19. Managed investments increased to $77 billion, up $25 billion from a year ago. Separately, CEO James Rohr was named "Banker of the Year" for 2007 by American Banker, the leading banking industry newspaper. PNC's stock closed up about ...

• Tribune - Review / Pittsburgh Tribune - Review
• October 19, 2007

• Baltimore-Based Mercantile Bankshares Corp. Selects Pr Agency

Mercantile Bankshares Corp., of Baltimore, said it has selected Carton Donofrio Partners, a Baltimore-based, full-service marketing communications age...

• The Daily Record (Baltimore)
• November 17, 2005

• Mercantile Bankshares Corp.

Mercantile Bankshares Corp. of Baltimore has agreed to buy F&M Bancorp of Frederick, Md. The latter is the holding company for Farmers & Mechanics Ban...

• ABA Bank Marketing
• Vol. 35 Nbr. 5, June 2003

• Larger Bank to Buy Six Locally

Mercantile Bankshares Corp. yesterday said it would purchase Arlington's James Monroe Bancorp for $142.9 million as it continues its march into Washington's suburbs. The acquisition of Arlington-based James Monroe gives Mercantile six more branch offices in Northern Virginia, another $530 million in assets and a desirable mix of small-business, professional and retail customers.

• The Washington Times
• March 28, 2006