Marshall & Ilsley Corporation
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|Marshall & Ilsley Corporation|
|Type||Public (NYSE: MI)|
|Founded||1847 (Samuel Marshall & Co.)|
|Headquarters||Milwaukee, Wisconsin, USA|
|Key people||Mark Furlong (Chairman/CEO)|
|Revenue||$3.963 Billion USD (2005)|
|Net income||$727.5 Million USD (2005)|
Marshall & Ilsley Corporation (NYSE: MI)(also knowns as M&I Bank) is a diversified financial services corporation headquartered in Milwaukee, Wisconsin, with $56.2 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 194 offices throughout the state. In addition, M&I has 45 locations throughout Arizona; 17 offices in Kansas City and nearby communities; 17 offices on Florida’s west coast; 17 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; three offices in Tulsa, Okla.; and one office in Las Vegas, Nev. M&I’s Southwest Bank subsidiary has 16 offices in the greater St. Louis area.
In December 2006, M&I signed a definitive agreement to acquire United Heritage Bankshares of Florida with 13 locations in the Orlando area. The transaction, expected to be completed in the second quarter of 2007, will give M&I 30 branches along Florida’s west coast and central Florida. Metavante Corporation, a wholly owned subsidiary, provides a full array of technology products and services for the financial services industry. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ([www.mibank.com] or [www.micorp.com]). M&I’s customer-based approach, internal growth, and strategic acquisitions have made M&I a nationally recognized leader in the financial services industry. Fortune magazine lists the company as the 18th-largest commercial bank in 2006, based on revenues.
|Commercial banks in the United States|
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