Mercantil Bank Holding Corporation announced that it has commenced an initial public offering of approximately 11M shares of its Class A common stock pursuant to a registration statement on Form S-1 filed with the SEC. The company is offering approximately 6.1M Class A shares and a selling shareholder is offering all 4.92M Class A shares it holds beneficially. The initial public offering price is expected to be between $16.50 and $18.50 per Class A share. The company's Class A shares and shares of its Class B common stock are listed on the Nasdaq Global Select Market under the trading symbols "AMTB" and "AMTBB," respectively. Raymond James and Keefe, Bruyette & Woods are acting as joint book-running managers, Stephens is acting as lead manager, and SunTrust Robinson Humphrey and FIG Partners are acting as co-managers for the offering.