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Pacific Mercantile Bancorp's Total Assets for the quarter that ended in Jun. 2021 was $1,534.48 Mil.
During the past 12 months, Pacific Mercantile Bancorp's average Total Assets Growth Rate was 7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.00% per year. During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.
During the past 13 years, Pacific Mercantile Bancorp's highest 3-Year average Total Assets Growth Rate was 84.30%. The lowest was -9.70%. And the median was 5.10%.
Total Assets is connected with ROA %. Pacific Mercantile Bancorp's annualized ROA % for the quarter that ended in Jun. 2021 was 1.00%. Total Assets is also linked to Revenue through Asset Turnover. Pacific Mercantile Bancorp's Asset Turnover for the quarter that ended in Jun. 2021 was 0.01.
The historical data trend for Pacific Mercantile Bancorp's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pacific Mercantile Bancorp Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 1,140.69 | 1,322.60 | 1,349.34 | 1,416.15 | 1,587.59 |
Pacific Mercantile Bancorp Quarterly Data | ||||||||||||||||||||
Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | |
Total Assets | Get a 7-Day Free Trial | 1,688.19 | 1,622.54 | 1,587.59 | 1,580.04 | 1,534.48 |
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Pacific Mercantile Bancorp's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as
Total Assets | = | Total Equity (A: Dec. 2020 ) | + | Total Liabilities (A: Dec. 2020 ) |
= | 158.749 | + | 1428.841 | |
= | 1,587.59 |
Pacific Mercantile Bancorp's Total Assets for the quarter that ended in Jun. 2021 is calculated as
Total Assets | = | Total Equity (Q: Jun. 2021 ) | + | Total Liabilities (Q: Jun. 2021 ) |
= | 166.449 | + | 1368.029 | |
= | 1,534.48 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pacific Mercantile Bancorp (NAS:PMBC) Total Assets Explanation
Total Assets is connected with ROA %.
Pacific Mercantile Bancorp's annualized ROA % for the quarter that ended in Jun. 2021 is
ROA % | = | Net Income (Q: Jun. 2021 ) | / | ( (Total Assets (Q: Mar. 2021 ) | + | Total Assets (Q: Jun. 2021 )) | / count ) |
= | 15.576 | / | ( (1580.037 | + | 1534.478) | / 2 ) | |
= | 15.576 | / | 1557.2575 | ||||
= | 1.00 % |
Note: The Net Income data used here is four times the quarterly (Jun. 2021) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Pacific Mercantile Bancorp's Asset Turnover for the quarter that ended in Jun. 2021 is
Asset Turnover | ||||||
= | Revenue (Q: Jun. 2021 ) | / | ( (Total Assets (Q: Mar. 2021 ) | + | Total Assets (Q: Jun. 2021 )) | / count ) |
= | 14.551 | / | ( (1580.037 | + | 1534.478) | / 2 ) |
= | 14.551 | / | 1557.2575 | |||
= | 0.01 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Thank you for viewing the detailed overview of Pacific Mercantile Bancorp's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Denis P Kalscheur | director | 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626 |
Manish Dutta | director | 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626 |
Michele S Miyakawa | director | 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626 |
Shannon F Eusey | director | 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626 |
Stephen P Yost | director | 2221 EAST ROSECRANS AVENUE SUITE 131 EL SEGUNDO CA 90245 |
Michael P Hoopis | director | 23 CORPORATE PLAZA SUITE 246 NEWPORT BEACH CA 92660 |
Cindy Verity | officer: EVP, Head of Cash Management | 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626 |
Curt Alan Christianssen | officer: EVP & CFO | PACIFIC MERCANTILE BANK 949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626 |
Robert S. Anderson | officer: EVP & Chief Credit Officer | 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626 |
Philipp Garcia | officer: EVP | 949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626 |
Van Der Voort Shamara C. | officer: EVP/Head of Operations | 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626 |
Sean Foley | officer: EVP CBO | 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626 |
Maxwell Sinclair | officer: EVP, Chief Compliance Officer | PACIFIC MERCANTILE BANCORP 949 SOUTH COAST DRIVE, 3RD FLOOR COSTA MESA CA 92626 |
Bradford R Dinsmore | officer: Chief Executive Officer | 303 PEACHTREE STREET, NE, ATLANTA GA 30308 |
Tom Wagner | officer: EVP, Corporate Finance | 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626 |
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