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Mercantil Bank Stock Price, News & Analysis (NASDAQ:AMTB)

-0.05 (-0.26 %)
(As of 10/13/2019 04:00 PM ET)
Today's Range
Now: $19.19
50-Day Range
MA: $18.69
52-Week Range
Now: $19.19
Volume37,746 shs
Average Volume166,528 shs
Market Capitalization$829.01 million
P/E Ratio14.11
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.

Industry, Sector and Symbol

Industry National commercial banks
Current SymbolNASDAQ:AMTB



Sales & Book Value

Annual Sales$363.23 million
Cash Flow$1.86 per share
Book Value$16.76 per share


Net Income$45.83 million


Market Cap$829.01 million
Next Earnings Date10/25/2019 (Estimated)
OptionableNot Optionable

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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) issued its quarterly earnings data on Friday, July, 26th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.05. The company had revenue of $67.94 million for the quarter, compared to the consensus estimate of $68.30 million. Mercantil Bank had a net margin of 13.91% and a return on equity of 7.88%. 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 Friday, October 25th 2019. View Earnings Estimates for Mercantil Bank.

What price target have analysts set for AMTB?

5 brokers have issued 12 month price targets for Mercantil Bank's stock. Their predictions range from $17.00 to $19.00. On average, they expect Mercantil Bank's stock price to reach $18.58 in the next year. This suggests that the stock has a possible downside of 3.2%. 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 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mercantil Bank.

What are Wall Street analysts saying about Mercantil Bank stock?

Here are some recent quotes from research analysts about Mercantil Bank stock:
  • 1. Stephens analysts commented, "We are updating our PT to $19 (from $18) and reiterate our Equal-Weight rating." (8/8/2019)
  • 2. According to Zacks Investment Research, "Amerant Bancorp Inc. is a bank holding company. It operates through its subsidiaries, Amerant Bank, N.A., Amerant Investments, Inc. and Amerant Trust, N.A. The Company provides deposit, credit and wealth management services to individuals and businesses primarily in the U.S., as well as select international clients. Amerant Bancorp Inc., formerly known as Mercantil Bank Holding Corporation, is headquartered in Coral Gables, Florida. " (7/30/2019)

Has Mercantil Bank been receiving favorable news coverage?

News headlines about AMTB stock have trended negative this week, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Mercantil Bank earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Mercantil Bank.

Are investors shorting Mercantil Bank?

Mercantil Bank saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 885,000 shares, an increase of 21.3% from the August 30th total of 729,600 shares. Based on an average daily trading volume, of 93,300 shares, the days-to-cover ratio is presently 9.5 days. Currently, 4.1% of the shares of the company are short sold. View Mercantil Bank's Current Options Chain.

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), BioMarin Pharmaceutical (BMRN), CBTX (CBTX), Nordstrom (JWN), Weyerhaeuser (WY), WEST JAPAN RWY/S (WJRYY), Blueberries Medical (BBM), Schneider Electric (SU), Serco Group (SRP) and Adaptimmune Therapeutics (ADAP).

Who are Mercantil Bank's key executives?

Mercantil Bank's management team includes the folowing 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 IPO 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.

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 $19.19.

How big of a company is Mercantil Bank?

Mercantil Bank has a market capitalization of $829.01 million and generates $363.23 million in revenue each year. The company earns $45.83 million in net income (profit) each year or $1.36 on an earnings per share basis. Mercantil Bank employs 911 workers across the globe.View Additional Information About Mercantil Bank.

What is Mercantil Bank's official website?

The official website for Mercantil Bank is http://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]

MarketBeat Community Rating for Mercantil Bank (NASDAQ AMTB)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  42 (Vote Underperform)
Total Votes:  69
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 10/13/2019 by MarketBeat.com Staff

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