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) issued its quarterly earnings results on Monday, January, 27th. The bank reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.09 by $0.07. The bank had revenue of $13.91 million for the quarter. Pacific Mercantile Bancorp had a net margin of 7.97% and a return on equity of 3.98%. View Pacific Mercantile Bancorp's Earnings History.

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

0 Wall Street analysts have issued 12 month price objectives for Pacific Mercantile Bancorp's shares. Their forecasts range from $10,000,000.00 to $0.00. On average, they expect Pacific Mercantile Bancorp's share price to reach $0.00 in the next year. This suggests that the stock has a possible downside of 100.0%. View Analyst Price Targets for Pacific Mercantile Bancorp.

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

Media coverage about PMBC stock has been trending very negative this week, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pacific Mercantile Bancorp earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Pacific Mercantile Bancorp.

Pacific Mercantile Bancorp saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 68,600 shares, a decline of 30.0% from the January 15th total of 98,000 shares. Based on an average daily trading volume, of 59,300 shares, the short-interest ratio is currently 1.2 days. Currently, 0.4% of the company's stock are short sold. 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), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), 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 Endeavour Capital Advisors Inc. (9.87%), Banc Funds Co. LLC (4.53%), Renaissance Technologies LLC (4.10%), Dalton Greiner Hartman Maher & Co. (1.86%), Alliancebernstein L.P. (1.59%) and Elizabeth Park Capital Advisors Ltd. (1.49%). 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 sold by a variety of institutional investors in the last quarter, including Elizabeth Park Capital Advisors Ltd. and Acadian Asset Management LLC. Company insiders that have sold Pacific Mercantile Bancorp company stock in the last year include John Md Thomas, Thomas J Inserra and Tom Wagner. View Insider Buying and Selling for Pacific Mercantile Bancorp.

PMBC stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Endeavour Capital Advisors Inc., Renaissance Technologies LLC, Raymond James & Associates, Fourthstone LLC, Goldman Sachs Group Inc., Barclays PLC and State Street Corp. 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 $6.92.

Pacific Mercantile Bancorp has a market capitalization of $152.50 million and generates $71.26 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]