Pacific Mercantile Bancorp PMBC:NASDAQ

Last Price$8.26NASDAQ Closing Price as of 4:00PM ET 9/19/19

Today's Change-0.08(0.96%)
Bid (Size)N/A (N/A)
Ask (Size)N/A (N/A)
Day Low / High$8.25 - 8.37
Volume22.0 K

2020, and Q2 Estimates for Pacific Mercantile Bancorp Scaled Up but 2019 Earnings Forecast Lowered

5:56AM ET 4/26/2019 MT Newswires
Forecasted earnings estimates for Pacific Mercantile Bancorp's (NASDAQ:PMBC, Recent Price: 7.74) Q2 ending June 30, 2019, and the full year expectations for 2019 and 2020 have been revised. The Q2 earnings estimate has been scaled up to $0.14 per share up from the previous consensus estimate of $0.13 per share, however, the estimate full year estimate for 2019, which has been reduced to $0.46 per share from the previous consensus forecast of $0.50 per share. In contrast, the full year 2020 estimate has been raised from $0.64 per share to $0.65 per share. There are currently 2 estimates used to derive the Q2 forecast and 2 published estimates contained in the full year forecasts for both 2019 and 2020.