News articles about Bryn Mawr Bank (NASDAQ:BMTC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bryn Mawr Bank earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the bank an impact score of 46.0082292381003 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- Eagle Asset Management Inc. Acquires 1,754 Shares of Bryn Mawr Bank Corp. (BMTC) (americanbankingnews.com)
- Alison Eichert Sells 9,000 Shares of Bryn Mawr Bank Corp. (BMTC) Stock (americanbankingnews.com)
- Wendell F. Holland Sells 3,500 Shares of Bryn Mawr Bank Corp. (BMTC) Stock (americanbankingnews.com)
- $51.25 Million in Sales Expected for Bryn Mawr Bank Corp. (BMTC) This Quarter (americanbankingnews.com)
- Bryn Mawr Bank (BMTC) Downgraded by Zacks Investment Research (americanbankingnews.com)
Shares of Bryn Mawr Bank (NASDAQ:BMTC) opened at $45.35 on Monday. Bryn Mawr Bank has a 12 month low of $36.80 and a 12 month high of $46.90. The firm has a market cap of $914.34, a price-to-earnings ratio of 18.98 and a beta of 0.59. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.41.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Friday, February 9th will be paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, February 8th. Bryn Mawr Bank’s dividend payout ratio is currently 65.19%.
Several brokerages have recently weighed in on BMTC. Zacks Investment Research downgraded shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research note on Tuesday, December 26th. BidaskClub downgraded shares of Bryn Mawr Bank from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. ValuEngine downgraded shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. Finally, Boenning Scattergood reissued a “buy” rating and issued a $50.00 target price on shares of Bryn Mawr Bank in a research note on Monday, January 29th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $49.00.
In other news, Director Michael Joseph Clement bought 2,800 shares of Bryn Mawr Bank stock in a transaction dated Thursday, February 8th. The shares were acquired at an average price of $43.84 per share, with a total value of $122,752.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Wendell F. Holland sold 3,500 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $45.03, for a total transaction of $157,605.00. Following the completion of the transaction, the director now directly owns 17,654 shares in the company, valued at approximately $794,959.62. The disclosure for this sale can be found here. Corporate insiders own 2.31% of the company’s stock.
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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.
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