Marshall & Ilsley Corporation

Infobox Company
company_name = Marshall & Ilsley Corporation
company_
company_type = Public (NYSE|MI)
company_slogan =
foundation = 1847 (Samuel Marshall & Co.)
location = Milwaukee, Wisconsin, USA
key_people = Dennis Kuester (Chairman) Mark Furlong (President/CEO)
num_employees =
industry = Regional Banks
products = retail and commercial banking, trust and investment management
revenue = $3.963 Billion USD (2005)
net_income = profit $727.5 Million USD (2005)
homepage = [http://www.mibank.com www.mibank.com (Consumer Banking)]
[http://www.micorp.com/ www.micorp.com (Corporate Site)]

Marshall & Ilsley Corporation (NYSE: MI) (also known 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.; 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, formerly 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 ( [http://www.mibank.com www.mibank.com] or [http://www.micorp.com 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.

On January 2 2008, M&I announced it had completed the acquisition of First Indiana (nasdaq|FINB), which had 32 locations in central Indiana, for about $529 million. [cite web|title=First Indiana to be Acquired by Wisconsin Bank|url=http://www.insideindianabusiness.com/newsitem.asp?ID=24270|publisher=Inside INdiana Business|accessdate=2008-02-16] [cite web|title=M&I completes First Indiana deal|url=http://www.bizjournals.com/milwaukee/stories/2007/12/31/daily6.html?ana=from_rss|publisher=The Business Journal of Milwaukee|accessdate=2008-02-16]

References

External links

* [http://www.micorp.com/ Official site]