NASDAQ:PMBC - Pacific Mercantile Bancorp Stock Price, Forecast & News

Pacific Mercantile Bancorp trades on the NASDAQ under the ticker symbol "PMBC."

Pacific Mercantile Bancorp (NASDAQ:PMBC) released its quarterly earnings data on Monday, July, 22nd. The bank reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by $0.02. The bank had revenue of $13.61 million for the quarter. Pacific Mercantile Bancorp had a net margin of 13.46% and a return on equity of 6.85%. View Pacific Mercantile Bancorp's Earnings History.

Pacific Mercantile Bancorp is scheduled to release their next quarterly earnings announcement on Monday, January 27th 2020. View Earnings Estimates for Pacific Mercantile Bancorp.

1 analysts have issued 12 month target prices for Pacific Mercantile Bancorp's shares. Their forecasts range from $9.00 to $9.00. On average, they anticipate Pacific Mercantile Bancorp's share price to reach $9.00 in the next year. This suggests a possible upside of 27.5% from the stock's current price. View Analyst Price Targets for Pacific Mercantile Bancorp.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Mercantile Bancorp in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Pacific Mercantile Bancorp.

News coverage about PMBC stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pacific Mercantile Bancorp earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Pacific Mercantile Bancorp.

Pacific Mercantile Bancorp saw a increase in short interest in January. As of January 15th, there was short interest totalling 98,000 shares, an increase of 46.9% from the December 31st total of 66,700 shares. Based on an average daily volume of 57,800 shares, the days-to-cover ratio is currently 1.7 days. Currently, 0.5% of the company's stock are sold short. View Pacific Mercantile Bancorp's Current Options Chain.

Some companies that are related to Pacific Mercantile Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Mercantile Bancorp investors own include Huntington Bancshares (HBAN), People's United Financial (PBCT), General Electric (GE), KeyCorp (KEY), Pattern Energy Group (PEGI), Zynga (ZNGA), Apple Hospitality REIT (APLE), Darling Ingredients (DAR), Freeport-McMoRan (FCX) and First Horizon National (FHN).

Pacific Mercantile Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (1.86%). Company insiders that own Pacific Mercantile Bancorp stock include Bradford R Dinsmore, Carpenter Fund Manager Gp, Llc, Cindy Verity, Community Bancfund-A Carpenter, Curt Alan Christianssen, John Md Thomas, Maxwell Sinclair, Nancy A Gray, Robert S Anderson, Thomas J Inserra, Thomas Vertin, Tom Wagner and Warren T Finley. View Institutional Ownership Trends for Pacific Mercantile Bancorp.

PMBC stock was bought by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co.. Company insiders that have bought Pacific Mercantile Bancorp stock in the last two years include Bradford R Dinsmore, Curt Alan Christianssen, Maxwell Sinclair, Thomas J Inserra and Thomas Vertin. View Insider Buying and Selling for Pacific Mercantile Bancorp.

Shares of PMBC 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.

One share of PMBC stock can currently be purchased for approximately $7.06.

Pacific Mercantile Bancorp has a market capitalization of $155.60 million and generates $67.18 million in revenue each year. Pacific Mercantile Bancorp employs 160 workers across the globe.View Additional Information About Pacific Mercantile Bancorp.

The official website for Pacific Mercantile Bancorp is http://www.pmbank.com/.

Pacific Mercantile Bancorp's mailing address is 949 SOUTH COAST DRIVE SUITE 300, COSTA MESA CA, 92626. The bank can be reached via phone at 714-438-2500 or via email at [email protected]