NASDAQ:AMTB - Mercantil Bank Stock Price, News, & Analysis

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$14.00 -0.39 (-2.71 %)
(As of 03/22/2019 01:19 PM ET)
Previous Close$14.39
Today's Range$14.00 - $14.00
52-Week Range$10.65 - $259.23
Volume1,700 shs
Average Volume27,569 shs
Market Capitalization$368.76 million
P/E Ratio10.29
Dividend YieldN/A
Mercantil Bank Holding Corporation operates as a bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and deposit, credit, and wealth management services international clients. The company operates through four segments: Personal and Commercial Banking, Corporate LATAM, Treasury, and Institutional. It offers a range of checking and savings accounts, certificates of deposit, and money market accounts. The company also provides variable and fixed rate commercial real estate, and commercial and industrial loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by their personal residence; loans to financial institutions and acceptances; and consumer loans and overdrafts. In addition, it offers trust and estate planning products and services, brokerage and investment advisory services in global capital markets, and fiduciary services. Further, the company provides debit and credit cards; remote deposit capture, online banking, mobile banking, e-statements, night depository, direct deposit, and treasury management services; and cashier's checks, safe deposit boxes, and letters of credit. As of October 30, 2018, it operated 23 banking centers comprising 15 in South Florida and 8 in Houston, as well as a commercial real estate loan production office in Manhattan, New York. The company was founded in 1979 and is headquartered in Coral Gables, Florida.

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Industry, Sector and Symbol

Industry National commercial banks
Current SymbolNASDAQ:AMTB



Sales & Book Value

Annual SalesN/A



Market Cap$368.76 million
Next Earnings Date4/30/2019 (Estimated)
OptionableNot Optionable

Mercantil Bank (NASDAQ:AMTB) Frequently Asked Questions

What is Mercantil Bank's stock symbol?

Mercantil Bank trades on the NASDAQ under the ticker symbol "AMTB."

How were Mercantil Bank's earnings last quarter?

Mercantil Bank Holding Corp (NASDAQ:AMTB) released its earnings results on Tuesday, January, 29th. The company reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.17. The business earned $68.78 million during the quarter. View Mercantil Bank's Earnings History.

When is Mercantil Bank's next earnings date?

Mercantil Bank is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for Mercantil Bank.

What price target have analysts set for AMTB?

5 brokers have issued 12 month price objectives for Mercantil Bank's stock. Their predictions range from $16.00 to $19.00. On average, they expect Mercantil Bank's stock price to reach $17.25 in the next year. This suggests a possible upside of 23.2% from the stock's current price. View Analyst Price Targets for Mercantil Bank.

What is the consensus analysts' recommendation for Mercantil Bank?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercantil Bank in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mercantil Bank.

Has Mercantil Bank been receiving favorable news coverage?

News articles about AMTB stock have trended negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mercantil Bank earned a media sentiment score of -2.7 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

Who are some of Mercantil Bank's key competitors?

What other stocks do shareholders of Mercantil Bank own?

Who are Mercantil Bank's key executives?

Mercantil Bank's management team includes the folowing people:
  • Mr. Millar Wilson, Vice-Chairman & CEO (Age 67)
  • Mr. Alberto Peraza, Co-Pres & CFO (Age 60)
  • Mr. Miguel Palacios, Exec. VP & Chief Bus. Officer (Age 51)
  • Mr. Alfonso Figueredo, Co-Pres & COO (Age 58)
  • Mr. Jorge Trabanco, Chief Accounting Officer (Age 59)

When did Mercantil Bank IPO?

(AMTB) raised $82 million in an initial public offering (IPO) on the week of December 17th 2018. The company issued 6,300,000 shares at a price of $13.00 per share. Raymond James, Keefe, Bruyette & Woods (A Stifel Company) and Stephens served as the underwriters for the IPO and SunTrust Robinson Humphrey and FIG Partners were co-managers.

When does the company's lock-up period expire?

Mercantil Bank's lock-up period expires on Monday, June 17th. Mercantil Bank had issued 6,300,000 shares in its public offering on December 19th. The total size of the offering was $81,900,000 based on an initial share price of $13.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Who are Mercantil Bank's major shareholders?

Mercantil Bank's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Patriot Financial Partners GP LP (6.83%), Stilwell Value LLC (2.92%), Emerald Mutual Fund Advisers Trust (2.19%), Banc Funds Co. LLC (0.28%), Raymond James & Associates (0.20%) and Millennium Management LLC (0.15%). View Institutional Ownership Trends for Mercantil Bank.

Which major investors are buying Mercantil Bank stock?

AMTB stock was bought by a variety of institutional investors in the last quarter, including Patriot Financial Partners GP LP, Stilwell Value LLC, Emerald Mutual Fund Advisers Trust, Banc Funds Co. LLC, Raymond James & Associates, Millennium Management LLC, Monashee Investment Management LLC and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Mercantil Bank.

How do I buy shares of Mercantil Bank?

Shares of AMTB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mercantil Bank's stock price today?

One share of AMTB stock can currently be purchased for approximately $14.00.

How big of a company is Mercantil Bank?

Mercantil Bank has a market capitalization of $368.76 million.

What is Mercantil Bank's official website?

The official website for Mercantil Bank is

How can I contact Mercantil Bank?

Mercantil Bank's mailing address is 220 ALHAMBRA CIRCLE, CORAL GABLES FL, 33134. The company can be reached via phone at 305-460-4038 or via email at [email protected]

MarketBeat Community Rating for Mercantil Bank (NASDAQ AMTB)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  12 (Vote Outperform)
Underperform Votes:  10 (Vote Underperform)
Total Votes:  22
MarketBeat's community ratings are surveys of what our community members think about Mercantil Bank and other stocks. Vote "Outperform" if you believe AMTB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMTB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by Staff

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