Pacific Mercantile Bancorp (PMBC) News
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Latest PMBC News From Around the Web
Below are the latest news stories about Pacific Mercantile Bancorp that investors may wish to consider to help them evaluate PMBC as an investment opportunity.
Pacific Mercantile Bancorp Reports Second Quarter 2021 Operating ResultsSecond 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 $0.02Classified loans reduced by 15.3% to $53.4 million from $63.0 million the prior quarter bringing year-to-date reduction by 40.9% from $90.5 million at the end of last yearNo provision for loan and lease losses for the quarter with ALLL-to-total loans outstanding of 1.55%, or 1.85% if the outstanding balance of PPP loans are excl |
SHAREHOLDER ALERT: Monteverde & Associates Continues Investigating the Following MergerNEW YORK, NY / ACCESSWIRE / June 11, 2021 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: * Sterling Bancorp (NYSE:STL) relating to its proposed acquisition by Webster Financial Corp. Under the terms of the agreement, STL shareholders are expected to receive 0. |
SHAREHOLDER ALERT: WeissLaw LLP Reminds FTIV, PMBC, SVBI, and CNBKA Shareholders About Its Ongoing InvestigationsNEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) [email protected] Fintech Acquisition Corp. IV (NASDAQ: FTIV) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law b |
Pacific Mercantile Bank Provides $7.5 Million Line of Credit to Mason-West LLCCOSTA 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 premier western regional distributor of engineered seismic restraint systems and vibration isolation products manufactured by Mason Industries of New York. Along with the financing, Mason West utilizes a full suite of Pacific Mercant |
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates PMBC, LMNX, CNBKA, CADE; Shareholders are Encouraged to Contact the FirmNEW YORK, June 05, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Pacific Mercantile Bancorp (NASDAQ: PMBC) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Banc of California, Inc. Under the terms of the agreement, Pacific Mercantile shareholders will receive 0.5 shares of Banc of California common stock for each share of Pacific Mer |
INVESTOR ALERT: Monteverde & Associates Continues to Investigate the Following MergerJuan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating: |
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates CADE, INSW, PEBO, PMBC, HWCC; Shareholders are Encouraged to Contact the FirmHalper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: |
SHAREHOLDER ALERT: WeissLaw LLP Reminds PMBC, SVBI, CNBKA, and BFTL Shareholders About Its Ongoing InvestigationsNEW YORK, May 27, 2021 (GLOBE NEWSWIRE) -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew York, NY 10036(212) 682-3025(888) [email protected] Pacific Mercantile Bancorp (NASDAQ: PMBC) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pacific Mercantile Bancorp (NASDAQ: PMBC) in connection with the company’s proposed merger with Banc of California, Inc. (“BANC”). Pursuant to the merger agreement, PMBC shareholders will receive 0.5 shares of BANC stock for each share of PMBC common stock that they hold... |
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates COG, INSW, PMBC, LMNX; Shareholders are Encouraged to Contact the FirmNEW YORK, May 25, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cabot Oil & Gas Corporation (NYSE: COG) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its merger with Cimarex Energy Co. Cimarex Energy shareholders will receive Cabot Oil & Gas common stock in connection with the merger. Upon completion of the transaction, Cabot Oil & Gas shareholders will own approximately 49.5% of the combined company on a fully diluted basis. If you are a Cabot Oil shareholder, click here to learn more about your rights and options. International Seaways, Inc. (NYSE: INSW) concerning potential violations of the federal securities laws and/or breaches of ... |
Lifshitz Law Firm, P.C. Announces Investigation of MLHR, INDB, MNR, and PMBCNEW YORK, NY / ACCESSWIRE / May 24, 2021 /Herman Miller, Inc. (NASDAQGS:MLHR)Lifshitz Law Firm, P. |