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220 Alhambra Circle - 12th Floor
Coral Gables, FL 33134

Mercantil Commercebank is headquartered in Coral Gables and is the 4th largest bank in the state of Florida. It is also the 142nd largest bank in the nation. It was established in 1979 and as of June of 2016, it had grown to 987 employees at 26 locations. Mercantil Commercebank has an A health rating.

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Mercantil Commercebank (FL/NY/TX) Offers Smart CDs - 8/17/2016

Mercantil Commercebank (FL, NY, and TX) is offering a 10-month Smart CD (1.20% APY). Minimum opening deposit is $10k of new money, with a balance cap of $500k.

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Health Grade Components

FDIC Certificate #22953
Year Established1979
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD3.63%
Annual Interest Income$116.9MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$8.30B$8.19B
LoansQ2 2016vs Q2 2015$5.44B$5.53B
DepositsQ2 2016vs Q2 2015$6.50B$6.40B
Equity CapitalQ2 2016vs Q2 2015$780.1MM$750.9MM
Loan Loss AllowanceQ2 2016vs Q2 2015$73.5MM$72.3MM
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$58.9MM$65.3MM
Real Estate OwnedQ2 2016vs Q2 2015$155.00K$2.1MM

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Mercantil Commercebank has 25 locations. Click to view all Mercantil Commercebank locations.