Shares of Mercantile Bancorp jumped in value Tuesday on speculation that the St. Louis company will be sold.

Veteran analyst Thomas H. Hanley of Warburg Dillon Read named Mercantile his top takeover candidate among U.S. banks and said its stock could fetch as much as $65 a share in a buyout within a year.

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.