Inactive Instrument

Pacific Mercantile Bancorp

Equities

PMBC

US6945521002

Pacific Mercantile Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 25, 2021 at 01:00 pm

Pacific Mercantile Bancorp announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced net interest income was USD 51.982 million compared to USD 49.556 million a year ago. Net income was USD 8.335 million compared to USD 5.680 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.24 a year ago. For the quarter, net interest income was USD 12.937 million compared to USD 12.543 million a year ago. Net income was USD 3.704 million compared to USD 440,000 a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to USD 0.02 a year ago.

Latest news about Pacific Mercantile Bancorp

Insider Sell: Pacific Mercantile Ban	20/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Insider Sell: Pacific Mercantile Ban	19/10/21	MT
Pacific Mercantile Bancorp(NasdaqGS:PMBC) dropped from S&P TMI Index	19/10/21	CI
Banc of California : Closes Pacific Mercantile Bancorp Takeover in $226 Million Deal	18/10/21	MT
Pacific Mercantile Bancorp(NasdaqGS:PMBC) dropped from NASDAQ Composite Index	18/10/21	CI
Banc of California, Inc. completed the acquisition of Pacific Mercantile Bancorp from Directors of Pacific Mercantile Bancorp and others.	17/10/21	CI
Pacific Mercantile Bancorp Reports Earnings Results for the Second Quarter Ended June 30, 2021	26/07/21	CI
Pacific Mercantile Bancorp(NasdaqGS:PMBC) added to Russell Microcap Growth Index	25/06/21	CI
Pacific Mercantile Bancorp(NasdaqGS:PMBC) added to Russell 3000E Growth Index	25/06/21	CI
Pacific Mercantile Bancorp Announces Net Charge-Offs for the First Quarter Ended March 31, 2021	26/04/21	CI
Pacific Mercantile Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2021	26/04/21	CI
PACIFIC MERCANTILE BANCORP : Keefe Bruyette & Woods Upgrades Pacific Mercantile Bancorp to Outperform From Market Perform; Price Target is $12	24/03/21	MT
Sector Update: Financial Stocks Near Session Lows Ahead of Tuesday's Close	23/03/21	MT
Sector Update: Financial Stocks Retreating With Broader Markets	23/03/21	MT
Transcript : Banc of California, Inc., Pacific Mercantile Bancorp - M&A Call	23/03/21
Sector Update: Financial Firms Mostly Down Ahead of Tuesday's Market Open	23/03/21	MT
Banc of California : to Acquire Pacific Mercantile Bancorp in All-Stock Deal; Pacific Mercantile Soars 28% After Hours	22/03/21	MT

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Company Profile

Pacific Mercantile Bancorp is the holding company. The Company operates through its wholly owned subsidiary, Pacific Mercantile Bank (the Bank), which is a state-chartered commercial bank. It operates through the commercial banking segment. The Bank offers its customers a range of different loan products, including commercial loans and credit lines, accounts receivable and inventory financing, small business administration (SBA) guaranteed business loans, and owner-occupied commercial real estate loans. Its deposits consist of noninterest bearing demand deposits, interest-bearing checking accounts, money market and savings deposits, and time deposits. The Company's subsidiaries also include PMB Statutory Trust III, PMB Capital Trust III and PM Asset Resolution, Inc.

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