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

Bryn Mawr Bank (NASDAQ:BMTC) is scheduled to announce its earnings results after the market closes on Monday, January 29th. Analysts expect the company to announce earnings of $0.64 per share for the quarter.

Bryn Mawr Bank (NASDAQ:BMTC) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. Bryn Mawr Bank had a net margin of 21.29% and a return on equity of 10.15%. The company had revenue of $45.02 million for the quarter, compared to analyst estimates of $46.85 million. 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 (BMTC) opened at $46.40 on Monday. Bryn Mawr Bank has a 12 month low of $36.80 and a 12 month high of $46.90. The company has a market cap of $925.04, a P/E ratio of 20.62 and a beta of 0.62. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.41.

In other Bryn Mawr Bank 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 value of $508,070.00. Following the sale, the executive vice president now owns 19,925 shares in the company, valued at $880,286.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.31% of the stock is currently owned by company insiders.

Several equities research analysts have commented on BMTC shares. Zacks Investment Research upgraded shares of Bryn Mawr Bank from a “hold” rating to a “buy” rating and set a $51.00 price target on the stock in a research note on Wednesday, December 20th. ValuEngine lowered shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. Finally, BidaskClub upgraded shares of Bryn Mawr Bank from a “sell” rating to a “hold” rating in a research note on Saturday, January 13th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company 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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