ST. LOUIS -- Working in the shadow of Missouri's two giant banks, Magna Group Inc. is quietly finding its place as the self-styled bank of the average man.

But as it battles with Boatmen's Bancshares and Mercantile Bancorp., Magna finds itself tagged by investors as an underperformer.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.