About Pacific Mercantile Bancorp (NASDAQ:PMBC)
Pacific Mercantile Bancorp is the holding company for Pacific Mercantile Bank (the Bank). The Company's business operations are conducted by the Bank. It operates through commercial banking segment. The Bank offers its customers different loan products, including commercial loans and credit lines, accounts receivable and inventory financing, Small Business Administration (SBA) guaranteed business loans, and owner-occupied commercial real estate loans. Its investments primarily include securities available for sale, which consist of residential mortgage backed securities issued by the United States agencies; residential collateralized mortgage obligations issued by non agencies; asset backed security and mutual funds. Its sources of funds include deposits, and borrowings and contractual obligations. Its deposits consist of noninterest bearing demand deposits, interest-bearing checking accounts, money market and savings deposits, and time deposits.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:PMBC
- CUSIP: 69455210
- Web: www.pmbank.com
- Market Cap: $215.7 million
- Outstanding Shares: 23,193,000
- 50 Day Moving Avg: $8.94
- 200 Day Moving Avg: $8.28
- 52 Week Range: $5.30 - $9.60
Sales & Book Value:
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Annual Revenue: $32.33 million
- Price / Sales: 6.71
- Book Value: $4.57 per share
- Price / Book: 2.05
- Net Margins: -53.29%
- Return on Equity: -25.35%
- Return on Assets: -2.25%
- Debt-to-Equity Ratio: 0.31%
- Current Ratio: 1.08%
- Quick Ratio: 1.08%
- Average Volume: 16,433 shs.
- Beta: 0.07
- Short Ratio: 25.16
Frequently Asked Questions for Pacific Mercantile Bancorp (NASDAQ:PMBC)
What is Pacific Mercantile Bancorp's stock symbol?
Pacific Mercantile Bancorp trades on the NASDAQ under the ticker symbol "PMBC."
How were Pacific Mercantile Bancorp's earnings last quarter?
Pacific Mercantile Bancorp (NASDAQ:PMBC) posted its quarterly earnings results on Monday, July, 24th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.02. The company had revenue of $11.83 million for the quarter. Pacific Mercantile Bancorp had a negative return on equity of 25.35% and a negative net margin of 53.29%. View Pacific Mercantile Bancorp's Earnings History.
When will Pacific Mercantile Bancorp make its next earnings announcement?
Where is Pacific Mercantile Bancorp's stock going? Where will Pacific Mercantile Bancorp's stock price be in 2017?
2 analysts have issued 1 year price objectives for Pacific Mercantile Bancorp's stock. Their predictions range from $9.00 to $10.00. On average, they anticipate Pacific Mercantile Bancorp's share price to reach $9.50 in the next twelve months. View Analyst Ratings for Pacific Mercantile Bancorp.
Who are some of Pacific Mercantile Bancorp's key competitors?
Some companies that are related to Pacific Mercantile Bancorp include Bank of Marin Bancorp (BMRC), Southern National Bancorp of Virginia (SONA), Old Second Bancorp (OSBC), Macatawa Bank Corporation (MCBC), Summit Financial Group (SMMF), Western New England Bancorp (WNEB), Guaranty Bancshares (GNTY), MutualFirst Financial (MFSF), Central Valley Community Bancorp (CVCY), Charter Financial Corp. (CHFN), Southern First Bancshares (SFST), Northrim BanCorp (NRIM), Capstar Financial Holdings (CSTR), Civista Bancshares (CIVB), BCB Bancorp, Inc. (NJ) (BCBP), LCNB Corporation (LCNB), Investar Holding Corporation (ISTR) and Orrstown Financial Services (ORRF).
Who are Pacific Mercantile Bancorp's key executives?
Pacific Mercantile Bancorp's management team includes the folowing people:
- Edward J. Carpenter, Independent Chairman of the Board
- Thomas M. Vertin, President, Chief Executive Officer of the Company and the Bank
- Curt Alan Christianssen, Chief Financial Officer, Executive Vice President
- Maxwell Sinclair, Executive Vice President, Chief Compliance Officer, Chief Risk Officer
- Thomas J. Inserra, Executive Vice President, Chief Credit Officer
- David J. Munio, Director
- Romir Bosu, Independent Director
- Warren T. Finley, Independent Director
- John D Flemming, Independent Director
- Michael P. Hoopis, Independent Director
How do I buy Pacific Mercantile Bancorp stock?
Shares of Pacific Mercantile Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Pacific Mercantile Bancorp's stock price today?
MarketBeat Community Rating for Pacific Mercantile Bancorp (NASDAQ PMBC)MarketBeat's community ratings are surveys of what our community members think about Pacific Mercantile Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Pacific Mercantile Bancorp stock can currently be purchased for approximately $9.35.
Consensus Ratings for Pacific Mercantile Bancorp (NASDAQ:PMBC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$9.50 (1.60% upside)|Consensus Price Target History for Pacific Mercantile Bancorp (NASDAQ:PMBC)
Analysts' Ratings History for Pacific Mercantile Bancorp (NASDAQ:PMBC)
(Data available from 10/19/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/2/2017||Keefe, Bruyette & Woods||Upgrade||Market Perform -> Outperform||$10.00||Low|
|5/1/2017||Hovde Group||Upgrade||Market Perform -> Outperform||$9.00||Low|
Earnings History for Pacific Mercantile Bancorp (NASDAQ:PMBC)Earnings History by Quarter for Pacific Mercantile Bancorp (NASDAQ PMBC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017||Q2 2017||$0.13||$0.11||$11.83 million||View||N/A|
|4/24/2017||Q1 2017||$0.03||$0.08||$11.04 million||View||N/A|
|1/31/2017||Q4 2016||$0.02||$0.01||$9.42 million||View||N/A|
Earnings Estimates for Pacific Mercantile Bancorp (NASDAQ:PMBC)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Pacific Mercantile Bancorp (NASDAQ:PMBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Pacific Mercantile Bancorp (NASDAQ:PMBC)
Insider Ownership Percentage: 3.60%Insider Trades by Quarter for Pacific Mercantile Bancorp (NASDAQ:PMBC)
Institutional Ownership Percentage: 49.21%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/8/2017||Thomas Vertin||Insider||Sell||1,741||$7.23||$12,587.43|| |
|3/6/2017||Nancy A Gray||CAO||Sell||2,117||$7.34||$15,538.78|| |
|2/21/2017||Robert S Anderson||Insider||Sell||1,612||$7.58||$12,218.96|| |
|2/21/2017||Tom Wagner||EVP||Sell||1,598||$7.56||$12,080.88|| |
|2/17/2017||Curtis Birkmann||Insider||Sell||166||$7.54||$1,251.64|| |
|2/17/2017||David J Munio||Director||Sell||1,065||$7.54||$8,030.10|| |
|10/28/2016||Robert S Anderson||Insider||Buy||9,100||$5.82||$52,962.00|| |
|10/27/2016||Thomas J Inserra||EVP||Buy||10,000||$5.70||$57,000.00|| |
|9/6/2016||Thomas Vertin||Insider||Sell||4,261||$7.67||$32,681.87|| |
|8/1/2016||Thomas J Inserra||EVP||Buy||10,000||$6.83||$68,300.00|| |
|5/11/2016||Nancy A Gray||CAO||Sell||2,500||$7.53||$18,825.00|| |
|5/4/2016||John Md Thomas||Director||Sell||7,000||$7.47||$52,290.00|| |
|5/3/2016||Robert J. Stevens||EVP||Sell||8,446||$7.46||$63,007.16|| |
|4/28/2016||Robert J. Stevens||EVP||Sell||8,334||$7.45||$62,088.30|| |
|3/7/2016||Robert E Sjogren||COO||Sell||123||$6.95||$854.85|| |
|3/7/2016||Thomas Vertin||CEO||Sell||770||$6.95||$5,351.50|| |
|3/6/2016||Robert E Sjogren||COO||Sell||449||$6.96||$3,125.04|| |
|3/6/2016||Robert J Stevens||EVP||Sell||582||$6.96||$4,050.72|| |
|3/6/2016||Thomas Vertin||CEO||Sell||714||$6.96||$4,969.44|| |
|2/25/2016||Curt Alan Christianssen||CFO||Sell||1||$6.95||$6.95|| |
|2/4/2016||Charles Dow||EVP||Sell||2,569||$7.03||$18,060.07|| |
|12/14/2015||Magnolia Master Fund Clinton||Insider||Sell||239,522||$7.01||$1,679,049.22|| |
|11/30/2015||Clinton Group Inc||Insider||Sell||70,500||$6.73||$474,465.00|| |
|11/24/2015||Clinton Group Inc||Insider||Sell||91,818||$6.71||$616,098.78|| |
|11/4/2015||Clinton Group Inc||Insider||Sell||27,017||$6.62||$178,852.54|| |
|11/2/2015||Bosu Romir||Director||Buy||14,620||$6.81||$99,562.20|| |
|11/2/2015||Clinton Group Inc||Insider||Sell||518,100||$6.50||$3,367,650.00|| |
|9/11/2015||Clinton Group Inc||Insider||Sell||24,116||$6.70||$161,577.20|| |
|9/10/2015||Clinton Group Inc||Insider||Sell||63,792||$6.90||$440,164.80|| |
|9/9/2015||Clinton Group Inc||Insider||Sell||1,100||$6.90||$7,590.00|| |
|3/5/2015||Clinton Group Inc||Insider||Buy||24,746||$7.09||$175,449.14|| |
|2/24/2015||John W Clark||Director||Buy||16,600||$7.11||$118,026.00|| |
|2/5/2015||Clinton Group Inc||Insider||Buy||27,234||$7.01||$190,910.34|| |
|2/4/2015||John W Clark||Director||Buy||17,300||$7.00||$121,100.00|| |
|12/16/2014||Clinton Group Inc||Insider||Buy||28,566||$7.06||$201,675.96|| |
|12/16/2014||Warren T Finley||Director||Sell||26,307||$6.90||$181,518.30|| |
|12/12/2014||Clinton Group Inc||Insider||Buy||41,331||$7.07||$292,210.17|| |
|12/4/2014||Clinton Group Inc||Insider||Buy||10,800||$6.95||$75,060.00|| |
|11/5/2014||Clinton Group Inc||Insider||Buy||19,793||$6.77||$133,998.61|| |
|9/12/2014||Warren T Finley||Director||Sell||6,000||$6.97||$41,820.00|| |
|5/19/2014||Raymond E Dellerba||CEO||Sell||25,000||$6.47||$161,750.00|| |
|5/15/2014||Clinton Group Inc||Director||Sell||119,480||$6.40||$764,672.00|| |
|5/7/2014||Raymond E Dellerba||Director||Sell||65,446||$6.41||$419,508.86|| |
|5/6/2014||Maxwell Sinclair||Insider||Buy||1,000||$6.47||$6,470.00|| |
|3/11/2014||Stephen P Yost||Director||Buy||5,000||$6.17||$30,850.00|| |
|9/5/2013||Gary Michael Williams||Director||Buy||21,000||$6.16||$129,360.00|| |
|9/4/2013||Raymond E Dellerba||Director||Sell||58,549||$6.16||$360,661.84|| |
|8/28/2013||Gary Michael Williams||Director||Buy||2,496||$6.15||$15,350.40|| |
|8/27/2013||Raymond E Dellerba||Director||Sell||96,000||$6.15||$590,400.00|| |
|8/26/2013||Gary Michael Williams||Director||Buy||6,600||$6.07||$40,062.00|| |
|8/16/2013||Raymond E Dellerba||Director||Sell||17,039||$6.54||$111,435.06|| |
|5/31/2013||Raymond E Dellerba||Director||Sell||76,700||$5.78||$443,326.00|| |
|5/28/2013||Raymond E Dellerba||Director||Sell||6,255||$6.01||$37,592.55|| |
|3/30/2013||Carpenter Fund Manager Gp, Llc||Director||Buy||2,222,222||$6.75||$14,999,998.50|| |
|3/28/2013||Gary Michael Williams||Director||Buy||6,525||$6.11||$39,867.75|| |
|3/27/2013||Gary Michael Williams||Director||Buy||3,475||$6.14||$21,336.50|| |
|3/25/2013||Raymond E Dellerba||CEO||Sell||8,141||$6.20||$50,474.20|| |
|3/20/2013||Clinton Group Inc||Director||Buy||119,480||$5.94||$709,711.20|| |
|12/20/2012||Gary Michael Williams||Director||Buy||12,073||$6.43||$77,629.39|| |
|12/19/2012||Gary Michael Williams||Director||Buy||1,627||$6.36||$10,347.72|| |
|12/18/2012||Gary Michael Williams||Director||Buy||7,300||$6.33||$46,209.00|| |
|11/27/2012||Gary Michael Williams||Director||Sell||5,845||$6.22||$36,355.90|| |
|8/31/2012||Raymond E Dellerba||CEO||Buy||2,000||$6.65||$13,300.00|| |
|8/29/2012||Raymond E Dellerba||CEO||Buy||2,000||$6.46||$12,920.00|| |
Headline Trends for Pacific Mercantile Bancorp (NASDAQ:PMBC)
Latest Headlines for Pacific Mercantile Bancorp (NASDAQ:PMBC)
Pacific Mercantile Bancorp (PMBC) Chart for Thursday, October, 19, 2017