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COSTA MESA, Calif., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), has been awarded a Top Workplaces 2020 honor by The Orange County Register. The list is based solely on emplo...
COSTA MESA, Calif., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided an $8.0 million credit facility to Upstrēm, Inc. (“Upstr...
Pacific Mercantile Bancorp (PMBC): Q3 Non-GAAP EPS of $0.21 beats by $0.12.Revenue of $16.5M (+17.2% Y/Y) beats by $1.06M.Press Release For further details see: Pacific Mercantile Bancorp EPS beats by $0.12, beats on revenue
Third Quarter Summary Net income of $5.1 million, or $0.21 per fully diluted share Ongoing focus on reducing costs of deposits resulted in a decrease in interest expense over last quarter of $500 thousand, or 22.1% Interest income increased $436 thousand, and in co...
COSTA MESA, Calif., Sept. 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Anne McCallion to t...
Pacific Mercantile Bancorp (NASDAQ: PMBC ) : Q2 GAAP EPS of -$0.10 misses by $0.12 . More news on: Pacific Mercantile Bancorp, Earnings news and commentary, Financial stocks news, , Read more ...
Second Quarter Summary Net income of $1.9 million, or $0.08 per fully diluted share Funded $280.3 million of Paycheck Protection Program (“PPP”) loans for almost 700 companies representing over 30,000 employees Execution of PPP was the primary driver for the increase in ...
COSTA MESA, Calif., June 17, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has originated over $290 million in Paycheck Protection Program (“PPP”) l...
COSTA MESA, Calif., May 21, 2020 (GLOBE NEWSWIRE) -- Pacific Mercantile Bancorp (Nasdaq: PMBC, the “Company”), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, today announced the appointment of Denis P. Kalscheur as...
Pacific Mercantile Bancorp (NASDAQ: PMBC ): Q1 GAAP EPS of -$0.10 misses by $0.19 . More news on: Pacific Mercantile Bancorp, Earnings news and commentary, Financial stocks news, , Read more ...
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Acquisition creates a business banking franchise in Southern California with over $9 billion in assets Three new independent directors appointed to the Board of Directors Banc of California, Inc. (NYSE: BANC) (the “Company” or “Ba...
Second Quarter Summary Net income of $3.9 million, or $0.16 per fully diluted share, including merger-related expense that negatively impacted earnings per share by $0.02 Classified loans reduced by 15.3% to $53.4 million from $63.0 million the prior quarter bringing year-to-dat...
COSTA MESA, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), today announced that it has provided a $7.5 million revolving line of credit to Mason-West, LLC , the premi...