Bryn Mawr Bank Corp. (NASDAQ:BMTC) is scheduled to issue its quarterly earnings data on Thursday, October 20th. Analysts expect the company to announce earnings of $0.53 per share for the quarter.

Bryn Mawr Bank Corp. (NASDAQ:BMTC) last issued its quarterly earnings results on Friday, July 22nd. The company reported $0.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.02. Bryn Mawr Bank Corp. had a return on equity of 5.15% and a net margin of 11.02%. On average, analysts expect Bryn Mawr Bank Corp. to post $2.05 EPS for the current fiscal year and $2.26 EPS for the next fiscal year.

Earnings History for Bryn Mawr Bank Corp. (NASDAQ:BMTC)

Shares of Bryn Mawr Bank Corp. (NASDAQ:BMTC) opened at 30.95 on Tuesday. The firm has a market capitalization of $520.98 million, a price-to-earnings ratio of 29.36 and a beta of 0.64. The stock has a 50 day moving average price of $31.71 and a 200-day moving average price of $29.50. Bryn Mawr Bank Corp. has a 52 week low of $23.92 and a 52 week high of $32.50.

Several analysts have recently weighed in on the company. Zacks Investment Research downgraded Bryn Mawr Bank Corp. from a “hold” rating to a “sell” rating in a report on Tuesday, July 26th. Keefe, Bruyette & Woods boosted their target price on Bryn Mawr Bank Corp. from $32.00 to $33.00 and gave the company an “outperform” rating in a report on Monday, July 25th.

In other Bryn Mawr Bank Corp. news, Director Frederick C. Peters II sold 5,229 shares of the company’s stock in a transaction that occurred on Friday, August 26th. The stock was sold at an average price of $31.74, for a total transaction of $165,968.46. Following the completion of the sale, the director now directly owns 44,220 shares of the company’s stock, valued at approximately $1,403,542.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Joseph G. Keefer sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $30.62, for a total value of $306,200.00. Following the sale, the executive vice president now directly owns 7,565 shares of the company’s stock, valued at $231,640.30. The disclosure for this sale can be found here. Company insiders own 3.33% of the company’s stock.

A number of hedge funds have recently bought and sold shares of BMTC. Parametric Portfolio Associates LLC increased its stake in Bryn Mawr Bank Corp. by 0.7% in the second quarter. Parametric Portfolio Associates LLC now owns 18,249 shares of the company’s stock valued at $533,000 after buying an additional 129 shares in the last quarter. Philadelphia Trust Co. increased its stake in Bryn Mawr Bank Corp. by 8.4% in the second quarter. Philadelphia Trust Co. now owns 374,854 shares of the company’s stock valued at $10,946,000 after buying an additional 29,029 shares in the last quarter. Ativo Capital Management LLC increased its stake in Bryn Mawr Bank Corp. by 60.8% in the second quarter. Ativo Capital Management LLC now owns 28,022 shares of the company’s stock valued at $818,000 after buying an additional 10,598 shares in the last quarter. Maltese Capital Management LLC increased its stake in Bryn Mawr Bank Corp. by 64.8% in the second quarter. Maltese Capital Management LLC now owns 71,700 shares of the company’s stock valued at $2,094,000 after buying an additional 28,200 shares in the last quarter. Finally, Teachers Advisors Inc. increased its stake in Bryn Mawr Bank Corp. by 14.0% in the second quarter. Teachers Advisors Inc. now owns 34,832 shares of the company’s stock valued at $1,017,000 after buying an additional 4,265 shares in the last quarter. 69.28% of the stock is owned by hedge funds and other institutional investors.

Bryn Mawr Bank Corp. Company Profile

Bryn Mawr Bank Corporation is a holding company for The Bryn Mawr Trust Company (the Bank). The Company offers 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.

5 Day Chart for NASDAQ:BMTC

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