Bryn Mawr Bank Corporation (BMTC) Earns Daily News Sentiment Score of 0.10
News stories about Bryn Mawr Bank Corporation (NASDAQ:BMTC) have trended somewhat positive on Saturday, according to Accern Sentiment. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bryn Mawr Bank Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 46.9045330847419 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Several equities analysts have recently weighed in on BMTC shares. BidaskClub lowered Bryn Mawr Bank Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 1st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $47.00 price objective on shares of Bryn Mawr Bank Corporation in a research note on Sunday, July 23rd. Zacks Investment Research downgraded Bryn Mawr Bank Corporation from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. Finally, Boenning Scattergood upgraded Bryn Mawr Bank Corporation from a “neutral” rating to an “outperform” rating and set a $50.00 target price on the stock in a report on Monday, July 24th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $48.50.
Shares of Bryn Mawr Bank Corporation (NASDAQ BMTC) traded up $0.25 during trading hours on Friday, hitting $43.35. The company had a trading volume of 37,660 shares, compared to its average volume of 37,060. The stock has a market cap of $739.12, a P/E ratio of 18.64 and a beta of 0.63. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.41. Bryn Mawr Bank Corporation has a 1-year low of $35.00 and a 1-year high of $45.45.
Bryn Mawr Bank Corporation (NASDAQ:BMTC) last announced its 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. The business had revenue of $45.02 million for the quarter, compared to the consensus estimate of $46.85 million. Bryn Mawr Bank Corporation had a return on equity of 10.15% and a net margin of 21.29%. equities research analysts expect that Bryn Mawr Bank Corporation will post 2.45 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 1st will be issued a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, October 31st. This represents a $0.88 annualized dividend and a dividend yield of 2.03%. Bryn Mawr Bank Corporation’s payout ratio is currently 39.11%.
In other Bryn Mawr Bank Corporation news, EVP Joseph G. Keefer sold 11,500 shares of Bryn Mawr Bank Corporation stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $44.18, for a total transaction of $508,070.00. Following the sale, the executive vice president now directly owns 19,925 shares in the company, valued at approximately $880,286.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.31% of the company’s stock.
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Bryn Mawr Bank Corporation Company Profile
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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