|Bid||8.00 x 800|
|Ask||8.17 x 800|
|Day's Range||8.06 - 8.25|
|52 Week Range||6.80 - 10.45|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||7.89|
|Earnings Date||Jul 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.00|
Second Quarter Summary Net income of $2.7 million, or $0.12 per fully diluted shareTotal new loan commitments of $83.7 million and loan fundings of $52.7 millionTotal loans.
COSTA MESA, Calif., June 27, 2019 -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has.
Based in Vernon, CA, Culinary International makes delicious and authentic Mexican foods for the co-manufacturing & private label market. The company is built on long-standing partnerships with many of the leading national Mexican food brands and retailers in the United States. For decades, Culinary International’s products have been sold at major grocery chains, club stores, and convenience stores across the country. “Through our new state-of-the art facility in Vernon, we have been able to expand our capabilities and provide services covering the entire co-manufacturing cycle – from ideation to manufacturing to national distribution,” said Cesar Rodarte, Chief Financial Officer of Culinary International. “The credit facility from Pacific Mercantile Bank will support the addition of new business lines and the expansion of our facilities. We were impressed with Pacific Mercantile Bank’s knowledgeable bankers and their Horizon Analytics® tool, which gave us powerful insight into the future of our business.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a multi-million dollar credit facility to Performance Inflatables Company. Performance Inflatables provides world class inflatable solutions for all environments: from subsea, to space, and everywhere in between. Through state-of-the-art engineering, innovative manufacturing techniques, and partnership with its customers, Performance Inflatables provides the right engineered inflatable solutions that deliver safety and security in the toughest conditions at an accessible price. For over 30 years, Performance Inflatables companies have provided safe and reliable products that can endure the harshest conditions for military, commercial, and consumer applications.
Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the election of Shannon F. Eusey and Michele S. Miyakawa to the board of directors of Pacific Mercantile Bancorp at the Company’s annual of meeting of shareholders on May 15, 2019. Ms. Eusey and Ms. Miyakawa are new additions to the Company’s board of directors and will also serve on the board of directors of Pacific Mercantile Bank.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided $5.9 million in financing to RedRock Security & Cabling, Inc. (“RedRock”). Headquartered in Irvine, RedRock Security & Cabling is a leader in low voltage technology integration. Founded in 2002, RedRock has completed more than 7,000 projects within the commercial, industrial, residential, hospitality, government and data center markets. RedRock has built a strong reputation as a valuable partner to a diverse roster of clients continually integrating new solutions on the latest IT friendly products, including Tesla, Google Fiber, and The Irvine Company.
COSTA MESA, Calif., May 02, 2019 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
Headquartered in San Diego, Survival Systems International, Inc. is an innovative lifeboat manufacturing company that provides offshore operators with the equipment, the instruction and the knowledge to achieve a safe evacuation when an emergency occurs on an offshore installation.
The bank, based in Costa Mesa, California, said it had earnings of 4 cents per share. The bank holding company posted revenue of $17.7 million in the period. Its revenue net of interest expense was $13.5 ...
First Quarter Summary Net income of $882 thousand, or $0.04 per fully diluted share$3.3 million provision for loan and lease losses during the three months ended March 31,.
Pacific Mercantile Bancorp, through its subsidiary, is engaged in the commercial banking business in Southern California. Warning! GuruFocus has detected 3 Warning Signs with GBL. For the last quarter Pacific Mercantile Bancorp reported a revenue of $13.9 million, compared with the revenue of $12.28 million during the same period a year ago.
"As a Bank focused on 'Helping Companies Succeed,' we sought an innovative fintech partner to help us customize a loan structure aimed at solving a cash-flow challenge for an important client," said Thomas J. Inserra, Pacific Mercantile Bank's Chief Credit Officer. "P2Binvestor is dedicated to providing flexible, scalable financing to up-and-coming businesses across the country.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided financing to EMU Films, a UK film production company whose recent films include Dirty God which made its critically acclaimed debut at the 2019 Sundance Film Festival. EMU Films was referred to Pacific Mercantile Bank by LipSync Post Limited, an internationally recognized post-house, providing post-production services to the film and television industry for more than 30 years.
Mr. Taylor has more than 33 years of experience in the banking industry and was most recently the CEO of Guaranty Bank and Trust Company in Denver, Colorado, which was acquired by Independent Bank Group, Inc. in January of this year.
COSTA MESA, Calif., Feb. 26, 2019 -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $4.4 million credit facility to Powder Coat Services, LLC (“PCS”). The credit facility consists of a commercial term loan and a revolving line of credit. In addition to the financing, PCS utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services. PCS was referred to Pacific Mercantile Bank by its private equity sponsor, Meridian General LLC, which acquired the company in 2016. “PCS has established a strong reputation for offering high quality, customized value-added services as a key link in the supply chain of its blue-chip customers,” said J. Thomas Fagan, Vice President at Pacific Mercantile Bank. “In addition to meeting PCS’ financing needs, we had the opportunity to help their management team with our proprietary Horizon Analytics® methodology, which is built to help Clients better assess strengths and competitive position.
Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it has provided a $9.75 million credit facility to Cambelt International. In addition to the financing, Cambelt International utilizes a full suite of Pacific Mercantile Bank’s depository products and treasury management services. Cambelt International was referred to Pacific Mercantile Bank by its private equity sponsor, Five Crowns Capital, which recently acquired the company.
The Costa Mesa, California-based bank said it had earnings of 19 cents per share. The bank holding company posted revenue of $17.7 million in the period. Its revenue net of interest expense was $13.9 million, ...
Fourth Quarter Summary Net income of $4.4 million, or $0.19 per fully diluted shareTotal loans increased $13.0 million from September 30, 2018Average loans increased $34.9.
COSTA MESA, Calif., Jan. 25, 2019 -- Pacific Mercantile Bancorp (NASDAQ: PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary,.
Edition Logistics Management is the largest independent last mile trucking company in New England, including less-than-truckload, parcel delivery and dedicated truckload. ELM is the transportation and logistics private equity affiliate of Edition Capital Partners.
Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), today announced that it received a 2018 Top Workplaces award from The Orange County Register. The award is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC (formerly WorkplaceDynamics), a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture including alignment, execution, and connection, just to name a few.
SynergEyes is a high-performance, advanced technology specialty contact lens company focused on independent eye care professionals. SynergEyes prides itself in providing over 10,000 eye care professionals products that deliver exceptional vision to their patients across the globe. Together with the support of independent eye care professionals, SynergEyes seeks to innovate and offer products and services to help transform vision for patients with astigmatism, presbyopia and irregular cornea conditions. SynergEyes recently launched SimplifEyes 1Day lens, a hydrogel lens manufactured with advanced Tangible Science polymers. The new lens is accompanied by a software system with a subscription service that helps eye care practices offer online ordering and payment of contact lenses.
Mr. Deutsch has more than 40 years of experience in the banking industry and currently is a partner at Patriot Financial Partners, L.P., a private equity firm focused on investing in community banks, thrifts and financial services- related companies throughout the United States. As of September 30, 2018, Patriot Financial Partners held a 15.6% equity interest in Pacific Mercantile Bancorp.