Mercantile Bancorp Inc. (AMEX: MBR) Offers a Durable Financial Business Model
The management of this holding stock in the financial sector has demonstrated strong adaptive capabilities. The corporation has responded to the difficult 2007 business environment admirably. It has ended the year with a marginal decline in net income compared to the same period for the previous year, but continues to maintain substantial revenue, profitability, and stock value as it leads other regional banks and the financial sector in general. This stock owns operating subsidiary banks in Illinois, Missouri, Kansas, and Florida. It also has minority interests in regional banks of Georgia, Colorado, Tennessee, and North Carolina. The management has a…