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Mercantil Bank Stock Forecast, Price & News

-0.10 (-0.86 %)
(As of 09/18/2020 12:00 AM ET)
Today's Range
Now: $11.49
50-Day Range
MA: $13.13
52-Week Range
Now: $11.49
Volume191,883 shs
Average Volume44,372 shs
Market Capitalization$484.41 million
P/E Ratio38.30
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 internationally. 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 loans; loans secured by owner-occupied properties; loans to domestic and foreign individuals primarily secured by personal residence; working capital loans, asset-based lending, participations in shared national credits, purchased receivables, and small business administration loans; 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 wealth management 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 March 21, 2019, it operated 23 banking centers comprising 15 in South Florida and 8 in Houston, as well as loan production offices in Dallas, Texas, and New York. The company was founded in 1979 and is headquartered in Coral Gables, Florida.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 1.7Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.99 out of 5 stars

Industry, Sector and Symbol

Industry National commercial banks
Current SymbolNASDAQ:AMTB



Sales & Book Value

Annual Sales$370.08 million
Cash Flow$1.70 per share
Book Value$19.35 per share


Net Income$51.33 million


Market Cap$484.41 million
Next Earnings Date11/3/2020 (Estimated)
OptionableNot Optionable
-0.10 (-0.86 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Mercantil Bank (NASDAQ:AMTB) Frequently Asked Questions

How has Mercantil Bank's stock been impacted by Coronavirus?

Mercantil Bank's stock was trading at $14.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMTB shares have decreased by 20.8% and is now trading at $11.49.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Mercantil Bank?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mercantil Bank in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Mercantil Bank

When is Mercantil Bank's next earnings date?

Mercantil Bank is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Mercantil Bank

How were Mercantil Bank's earnings last quarter?

Mercantil Bank Holding Corp (NASDAQ:AMTB) posted its quarterly earnings data on Friday, July, 24th. The company reported ($0.34) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.20. The firm had revenue of $66.08 million for the quarter, compared to analysts' expectations of $60.06 million. Mercantil Bank had a net margin of 3.75% and a return on equity of 1.69%.
View Mercantil Bank's earnings history

What price target have analysts set for AMTB?

1 brokers have issued 1-year price targets for Mercantil Bank's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Mercantil Bank's stock price to reach $14.00 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts' price targets for Mercantil Bank

Are investors shorting Mercantil Bank?

Mercantil Bank saw a drop in short interest in August. As of August 14th, there was short interest totaling 391,600 shares, a drop of 32.4% from the July 30th total of 578,900 shares. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is currently 9.1 days. Currently, 1.9% of the company's shares are sold short.
View Mercantil Bank's Short Interest

Who are some of Mercantil Bank's key competitors?

What other stocks do shareholders of Mercantil Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mercantil Bank investors own include Total (TOT), Wells Fargo & Company (WFC), Weyerhaeuser (WY), BioMarin Pharmaceutical (BMRN), CBTX (CBTX), General Mills (GIS), GlaxoSmithKline (GSK), International Paper (IP), Nordstrom (JWN) and Kirkland Lake Gold (KL).

Who are Mercantil Bank's key executives?

Mercantil Bank's management team includes the following people:
  • Mr. Millar Wilson, Vice-Chairman & CEO (Age 66)
  • Mr. Alberto Peraza, Co-Pres & CFO (Age 59)
  • 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 58)

When did Mercantil Bank IPO?

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

What is Mercantil Bank's stock symbol?

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

Who are Mercantil Bank's major shareholders?

Mercantil Bank's stock is owned by many different retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (0.28%), Nuveen Asset Management LLC (0.19%), Charles Schwab Investment Management Inc. (0.14%), California Public Employees Retirement System (0.12%), Swiss National Bank (0.11%) and American International Group Inc. (0.03%).
View institutional ownership trends for Mercantil Bank

Which major investors are selling Mercantil Bank stock?

AMTB stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Russell Investments Group Ltd., and UBS Group AG.
View insider buying and selling activity for Mercantil Bank

Which major investors are buying Mercantil Bank stock?

AMTB stock was purchased by a variety of institutional investors in the last quarter, including Swiss National Bank, California Public Employees Retirement System, Bank of New York Mellon Corp, Bank of America Corp DE, Charles Schwab Investment Management Inc., SG Americas Securities LLC, Nuveen Asset Management LLC, and American International Group Inc..
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Mercantil Bank's stock price today?

One share of AMTB stock can currently be purchased for approximately $11.49.

How big of a company is Mercantil Bank?

Mercantil Bank has a market capitalization of $484.41 million and generates $370.08 million in revenue each year. The company earns $51.33 million in net income (profit) each year or $1.24 on an earnings per share basis. Mercantil Bank employs 911 workers across the globe.

What is Mercantil Bank's official website?

The official website for Mercantil Bank is www.amerantbank.com.

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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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