Pacific Mercantile Bank Provides $5 Million in Financing to Western Shield
Pacific Mercantile Bancorp (PMBC)
Last pacific mercantile bancorp earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.pmbank.com
Company Research
Source: GlobeNewswire
COSTA MESA, Calif., May 16, 2018 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank (“the Bank”), the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ:PMBC), today announced that it has extended a $5 million credit facility to Western Shield, consisting of a term loan and a revolving line of credit. In addition to the financing, Western Shield utilizes a full suite of Pacific Mercantile Bank’s depository products and cash management services. Headquartered in Rancho Dominguez, CA, Western Shield provides high end, custom printed labels and packaging for manufacturers, distributors, and brokers throughout the United States, Mexico and Canada. With a 27,000 square foot manufacturing plant, Western Shield specializes in producing expanded content labels, instant redeemable coupons, and 10 color work. Since its founding in 1970, Western Shield has expanded its capabilities to serve a wide variety of industries including cosmetics, food and beverage, and consumer packaged good
Show less
Read more
Impact Snapshot
Event Time:
PMBC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PMBC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PMBC alerts
High impacting Pacific Mercantile Bancorp news events
Weekly update
A roundup of the hottest topics