Pacific Mercantile Bancorp operates as the holding company for Pacific Mercantile Bank that provides a range of commercial banking products and services to small and medium-size businesses, professional firms, and individuals in Southern California, the United States. The company's deposit products include checking accounts, interest-bearing term deposit accounts, savings and money market deposits, and time deposits. It also offers various loan products, such as commercial loans and credit lines, accounts receivable and inventory financing, small business administration guaranteed business loans, owner-occupied commercial real estate loans, working capital lines of credit and asset based lending, growth capital loans, equipment financing, letters of credit, and corporate credit cards. In addition, the company provides cash and treasury management solutions, automated clearinghouse payment and wire solutions, fraud protection services, remote deposit capture services, courier services, and online banking services; and letters of credit and import/export financing services. As of March 5, 2018, it operated seven offices located in Orange, Los Angeles, San Diego, and San Bernardino counties in Southern California. The company was founded in 1998 and is based in Costa Mesa, California.
Industry, Sector and Symbol
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:PMBC
CUSIP69455210
Phone714-438-2500
Debt
Debt-to-Equity Ratio0.50
Current Ratio1.11
Quick Ratio1.11
Price-To-Earnings
Trailing P/E Ratio18.58
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$55.95 million
Price / Sales4.08
Cash Flow$0.4586 per share
Price / Cash21.37
Book Value$4.86 per share
Price / Book2.02
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$10.44 million
Net Margins20.82%
Return on Equity11.11%
Return on Assets0.98%
Miscellaneous
Employees168
Outstanding Shares23,320,000
Pacific Mercantile Bancorp (NASDAQ:PMBC) Frequently Asked Questions
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) announced its quarterly earnings results on Monday, April, 23rd. The bank reported $0.16 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.13 by $0.03. The bank had revenue of $13.24 million for the quarter. Pacific Mercantile Bancorp had a return on equity of 11.11% and a net margin of 20.82%. View Pacific Mercantile Bancorp's Earnings History.
When is Pacific Mercantile Bancorp's next earnings date?
What price target have analysts set for PMBC?
2 brokerages have issued 1-year price objectives for Pacific Mercantile Bancorp's shares. Their predictions range from $11.00 to $11.00. On average, they expect Pacific Mercantile Bancorp's share price to reach $11.00 in the next year. 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 Green Bancorp (GNBC), CBTX (CBTX), National Commerce (NCOM), Peoples Bancorp (PEBO), Camden National (CAC), Bridge Bancorp (BDGE), First of Long Island (FLIC), Bancorp (TBBK), Nicolet Bankshares (NCBS), Financial Institutions (FISI), Arrow Financial (AROW), First Bancshares (FBMS), Farmers Capital Bank (FFKT), Peoples Financial Services (PFIS) and American National BankShares (AMNB).
Who are Pacific Mercantile Bancorp's key executives?
Pacific Mercantile Bancorp's management team includes the folowing people:
- Mr. Thomas M. Vertin, Pres, CEO & Director (Age 65)
- Mr. Curt Alan Christianssen, Exec. VP & CFO (Age 57)
- Mr. Maxwell G. Sinclair, Chief Compliance Officer & EVP (Age 53)
- Mr. Thomas J. Inserra, Chief Risk Officer & EVP (Age 56)
- Ms. Nancy A. Gray, Chief Accounting Officer (Age 67)
Has Pacific Mercantile Bancorp been receiving favorable news coverage?
News coverage about PMBC stock has been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Pacific Mercantile Bancorp earned a news impact score of 0.18 on Accern's scale. They also gave news stories about the bank an impact score of 45.35 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
Who are Pacific Mercantile Bancorp's major shareholders?
Pacific Mercantile Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.83%),
CLOVER PARTNERS, L.P.
(2.40%), Dimensional Fund Advisors LP (2.31%), JPMorgan Chase & Co. (0.38%) and Schwab Charles Investment Management Inc. (0.14%). Company insiders that own Pacific Mercantile Bancorp stock include Cindy Verity, Curtis Birkmann, David J Munio, John Md Thomas, Kittridge Chamberlain, 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.
Which institutional investors are selling Pacific Mercantile Bancorp stock?
PMBC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc. and JPMorgan Chase & Co.. Company insiders that have sold Pacific Mercantile Bancorp company stock in the last year include Cindy Verity, John Md Thomas, Kittridge Chamberlain, Nancy A Gray, Robert S Anderson, Tom Wagner and Warren T Finley. View Insider Buying and Selling for Pacific Mercantile Bancorp.
Which institutional investors are buying Pacific Mercantile Bancorp stock?
PMBC stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP and Schwab Charles Investment Management Inc.. Company insiders that have bought Pacific Mercantile Bancorp stock in the last two years include Robert S Anderson, Thomas J Inserra and Thomas Vertin. View Insider Buying and Selling for Pacific Mercantile Bancorp.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Pacific Mercantile Bancorp's stock price today?
One share of PMBC stock can currently be purchased for approximately $9.80.
How big of a company is Pacific Mercantile Bancorp?
Pacific Mercantile Bancorp has a market capitalization of $229.70 million and generates $55.95 million in revenue each year. Pacific Mercantile Bancorp employs 168 workers across the globe.
How can I contact Pacific Mercantile Bancorp?
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]
MarketBeat Community Rating for Pacific Mercantile Bancorp (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 PMBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PMBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
