Research analysts at Stephens began coverage on shares of Mercantil Bank (NASDAQ:AMTB) in a research report issued to clients and investors on Monday, The Fly reports. The firm set an “equal weight” rating on the stock.
Separately, Keefe, Bruyette & Woods began coverage on Mercantil Bank in a research note on Sunday. They set an “outperform” rating on the stock.
Shares of AMTB opened at $13.99 on Monday. Mercantil Bank has a 12-month low of $10.65 and a 12-month high of $259.23.
Mercantil Bank Company Profile
Mercantil Bank Holding Corporation operates as a bank holding company for Amerant Bank, N.A. that provides banking products and services to individuals and businesses in the United States and deposit, credit, and wealth management services international clients. The company operates through four segments: Personal and Commercial Banking, Corporate LATAM, Treasury, and Institutional.
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