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

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

Pacific Mercantile Bancorp (NASDAQ:PMBC) released its quarterly earnings results on Monday, July, 22nd. The bank reported $0.12 earnings per share for the quarter, missing the Zacks' 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 17.07% and a return on equity of 8.78%. View Pacific Mercantile Bancorp's Earnings History.

Pacific Mercantile Bancorp is scheduled to release their next quarterly earnings announcement on Monday, October 28th 2019. View Earnings Estimates for Pacific Mercantile Bancorp.

1 analysts have issued twelve-month price targets for Pacific Mercantile Bancorp's stock. Their forecasts range from $9.00 to $9.00. On average, they expect Pacific Mercantile Bancorp's stock price to reach $9.00 in the next year. This suggests a possible upside of 12.2% 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.

Press coverage about PMBC stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pacific Mercantile Bancorp earned a news impact score of 0.9 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Pacific Mercantile Bancorp.

Pacific Mercantile Bancorp saw a increase in short interest in August. As of August 31st, there was short interest totalling 92,100 shares, an increase of 27.9% from the July 31st total of 72,000 shares. Based on an average trading volume of 36,500 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.5% 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 Green Bancorp (GNBC), Nicolet Bankshares (NCBS), Hanmi Financial (HAFC), Bridge Bancorp (BDGE), First of Long Island (FLIC), First Bancshares (FBMS), Bancorp (TBBK), Arrow Financial (AROW), Financial Institutions (FISI), American National BankShares (AMNB), Guaranty Bancshares (GNTY), Peoples Financial Services (PFIS), Southern First Bancshares (SFST), SmartFinancial (SMBK) and First Bancorp (FNLC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Mercantile Bancorp investors own include General Electric (GE), ESSA Bancorp (ESSA), Zynga (ZNGA), CBL & Associates Properties (CBL), Darling Ingredients (DAR), Freeport-McMoRan (FCX), First Horizon National (FHN), Sprint (S), Under Armour (UA) and AGNC Investment (AGNC).

Pacific Mercantile Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.02%), First Manhattan Co. (4.87%), Vanguard Group Inc. (3.57%), Renaissance Technologies LLC (3.19%), Dalton Greiner Hartman Maher & Co. (1.63%) and Dalton Greiner Hartman Maher & Co. (1.59%). Company insiders that own Pacific Mercantile Bancorp stock include Carpenter Fund Manager Gp, Llc, Cindy Verity, Community Bancfund-A Carpenter, Curt Alan Christianssen, John Md Thomas, Kittridge Chamberlain, 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 First Manhattan Co., Jacobs Levy Equity Management Inc., Wells Fargo & Company MN, Dalton Greiner Hartman Maher & Co., Morgan Stanley and Panagora Asset Management Inc.. Company insiders that have sold Pacific Mercantile Bancorp company stock in the last year include Cindy Verity, John Md Thomas, Robert S Anderson 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 BlackRock Inc., Russell Investments Group Ltd., Vanguard Group Inc., Renaissance Technologies LLC, Dalton Greiner Hartman Maher & Co., Acadian Asset Management LLC, Bank of New York Mellon Corp and Northern Trust Corp. Company insiders that have bought Pacific Mercantile Bancorp stock in the last two years include 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 $8.02.

Pacific Mercantile Bancorp has a market capitalization of $176.84 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]