Headlines about Pacific Mercantile Bancorp (NASDAQ:PMBC) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Pacific Mercantile Bancorp earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 43.8149159912409 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern’s analysis:

Separately, ValuEngine downgraded Pacific Mercantile Bancorp from a “buy” rating to a “hold” rating in a report on Wednesday, June 27th.

Shares of PMBC stock traded up $0.05 on Monday, reaching $10.00. 18,375 shares of the company’s stock traded hands, compared to its average volume of 15,733. Pacific Mercantile Bancorp has a 12-month low of $8.00 and a 12-month high of $10.20. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $232.62 million, a price-to-earnings ratio of 9.30 and a beta of 0.13.

Pacific Mercantile Bancorp (NASDAQ:PMBC) last issued its quarterly earnings results on Thursday, July 26th. The bank reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. Pacific Mercantile Bancorp had a return on equity of 21.40% and a net margin of 40.11%. The business had revenue of $13.58 million for the quarter.

About Pacific Mercantile Bancorp

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.

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Insider Buying and Selling by Quarter for Pacific Mercantile Bancorp (NASDAQ:PMBC)

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