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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 140th largest bank in the nation. It was established in 1979 and as of September of 2016, it had grown to 958 employees at 25 locations. Mercantil Commercebank has a B+ 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 - YTD0.37%
Return on Equity - YTD3.98%
Annual Interest Income$177.4MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$8.46B$8.03B
LoansQ3 2016vs Q3 2015$5.66B$5.45B
DepositsQ3 2016vs Q3 2015$6.59B$6.40B
Equity CapitalQ3 2016vs Q3 2015$785.4MM$754.5MM
Loan Loss AllowanceQ3 2016vs Q3 2015$77.9MM$74.5MM
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$71.8MM$69.4MM
Real Estate OwnedQ3 2016vs Q3 2015$155.00K$2.0MM

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Mercantil Commercebank has 23 locations. Click to view all Mercantil Commercebank locations.