Bryn Mawr Bank (BMTC) Scheduled to Post Quarterly Earnings on Thursday

Bryn Mawr Bank (NASDAQ:BMTC) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, January 18th. Analysts expect Bryn Mawr Bank to post earnings of $0.63 per share for the quarter.

Bryn Mawr Bank (NASDAQ:BMTC) last announced its quarterly earnings data on Thursday, October 19th. The bank reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. The company had revenue of $45.02 million during the quarter, compared to the consensus estimate of $46.85 million. Bryn Mawr Bank had a net margin of 21.29% and a return on equity of 10.15%. On average, analysts expect Bryn Mawr Bank to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of Bryn Mawr Bank (NASDAQ BMTC) opened at $46.15 on Tuesday. The company has a market cap of $920.06, a P/E ratio of 20.51 and a beta of 0.62. Bryn Mawr Bank has a 52-week low of $36.80 and a 52-week high of $46.70. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.41.

In other news, EVP Joseph G. Keefer sold 11,500 shares of the firm’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $44.18, for a total transaction of $508,070.00. Following the completion of the sale, the executive vice president now owns 19,925 shares of the company’s stock, valued at approximately $880,286.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.31% of the company’s stock.

Several analysts have recently commented on the stock. BidaskClub raised shares of Bryn Mawr Bank from a “sell” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research raised shares of Bryn Mawr Bank from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Wednesday, December 20th. Finally, ValuEngine downgraded shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research report on Saturday, November 25th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $49.33.

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About Bryn Mawr Bank

Bryn Mawr Bank Corporation is the bank holding company of the Bryn Mawr Trust Company (the Bank). The Company and its subsidiaries offer a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation from various location across Montgomery, Delaware, Chester, Philadelphia and Dauphin counties of Pennsylvania, and New Castle county in Delaware.

Earnings History for Bryn Mawr Bank (NASDAQ:BMTC)

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