Mercantil Bank Holding

General Information
Business:

(Note: “Our Class A common stock and our Class B common stock are listed on the Nasdaq Global Select Market under the trading symbols “AMTB” and “AMTBB,” respectively. On December 10, 2018, the last reported sales price of our Class A common stock was $14.46 per share. “)

We are a bank holding company headquartered in Coral Gables, Florida, with $8.5 billion in assets, $6.2 billion in loans, $6.4 billion in deposits, $719.4 million of shareholders’ equity and $1.7 billion in assets under management and custody as of June 30, 2018. We provide individuals and businesses a comprehensive array of deposit, credit, investment, wealth management, retail banking and fiduciary services. We serve customers in our U.S. markets and select international customers. These services are offered through the Bank, which is also headquartered in Coral Gables, Florida, and its subsidiaries. Fiduciary, investment and wealth management services are provided by the Trust Company and Investment Services.

Industry: NATIONAL COMMERCIAL BANKS
Employees: 948
Founded: 1979
Contact Information
Address 220 Alhambra Circle, Coral Gables, FL 33134, US
Phone Number (305) 460-8728
Web Address https://www.mercantilbank.com
View Prospectus: Mercantil Bank Holding
Financial Information
Market Cap $431.7mil
Revenues $217.1 mil (last 12 months)
Net Income $40.2 mil (last 12 months)
IPO Profile
Symbol AMTB
Exchange NASDAQ
Shares (millions): 11.0
Price range $13.50 - $14.50
Est. $ Volume $154.3 mil
Manager / Joint Managers Raymond James/ Keefe, Bruyette & Woods (A Stifel Company)/ Stephens
CO-Managers SunTrust Robinson Humphrey/ FIG Partners
Expected To Trade: 12/10/2018
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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