Mercantil Bank Holding Corporation | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

Leadership

Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Stephens & Williams Racing Partnership

Stephens is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Lead Manager

Mercantil Bank Holding Corporation

$81.9 Million 12/18/2018 Depository Complete
Lead Banker: Scott Studwell
Public Companies
Show Tombstone

Transaction Details

  • On December 18, 2018, Mercantil Bank Holding Corporation (NASDAQ: AMTB and AMTBB) (the “Company”) announced the pricing of its initial public offering of 6,300,000 shares of its Class A common stock (the “Class A shares”) at a public offering price of $13.00 per share.
  • Mercantil’s Class A shares and shares of its Class B common stock (the “Class B shares”) are listed on Nasdaq Global Select Market under the trading symbols “AMTB” and “AMTBB” respectively
  • The offering consisted of 1,377,523 primary shares and 4,922,477 secondary shares
  • Mercantil intends to use the net offering proceeds to:
  • Repurchase approximately 1.42 million Class B shares held by the selling shareholder (or approximately 2.39 million Class B shares held by the selling shareholder if the underwriters exercise in full their option to purchase additional Class A shares)
  • Mercantil has also granted the underwriters a 30-day option to purchase up to an additional 945,000 Class A shares at the public offering price, less the underwriting discount, to cover over-allotments
  • Stephens Inc. served as Lead Manager on the offering

About the company

The Company is a bank holding company headquartered in Coral Gables, Florida. The Company operates through its subsidiaries, Amerant Bank, N.A. (the “Bank”), Amerant Investments, Inc. and Amerant Trust, N.A. The Company provides individuals and businesses in the U.S., as well as select international clients, with deposit, credit and wealth management services. The Bank, which has operated for almost 40 years, is the largest community bank headquartered in Florida. Amerant Bank operates 23 banking centers – 15 in South Florida and 8 in the Houston, Texas area, as well as a commercial real estate loan production office in New York City.

Sources: Company filings.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.

    The offering of these securities is being made only by means of a prospectus, copies of which may be obtained from Stephens Inc.’s Equity Syndicate Desk, at Stephens Inc., 111 Center Street, Little Rock, AR 72201, ATTN: Equity Syndicate Desk, or from the Securities and Exchange Commission’s website at www.sec.gov at the following link: https://www.sec.gov/Archives/edgar/data/1734342/000119312518295574/d613972ds1.htm. Additionally, a copy of the Free Writing Prospectus may be obtained at the following link: https://www.sec.gov/Archives/edgar/data/1734342/000119312518334002/d641403dfwp.htm. A registration statement relating to these securities has been filed with the Securities and Exchange Commission. No offer to buy the securities can be accepted and no part of the purchase price can be received until the registration statement has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to the notice of its acceptance given after the effective date.