Bryn Mawr Bank (BMTC) Scheduled to Post Quarterly Earnings on Wednesday
Bryn Mawr Bank (NASDAQ:BMTC) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, April 18th. Analysts expect the company to announce earnings of $0.69 per share for the quarter.
Bryn Mawr Bank (NASDAQ:BMTC) last issued its earnings results on Monday, January 29th. The bank reported $0.63 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.64 by ($0.01). Bryn Mawr Bank had a return on equity of 9.71% and a net margin of 12.20%. The company had revenue of $45.86 million for the quarter, compared to the consensus estimate of $45.47 million. On average, analysts expect Bryn Mawr Bank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Shares of NASDAQ:BMTC opened at $44.60 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. Bryn Mawr Bank has a fifty-two week low of $38.55 and a fifty-two week high of $47.20. The firm has a market cap of $891.70, a P/E ratio of 18.43 and a beta of 0.60.
BMTC has been the subject of a number of research reports. Boenning Scattergood restated a “buy” rating and set a $50.00 target price on shares of Bryn Mawr Bank in a research report on Monday, January 29th. BidaskClub lowered shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research report on Wednesday, April 11th. Finally, Zacks Investment Research upgraded shares of Bryn Mawr Bank from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a research report on Thursday, February 1st. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Bryn Mawr Bank has a consensus rating of “Hold” and an average target price of $48.67.
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About Bryn Mawr Bank
Bryn Mawr Bank Corporation operates as the bank holding company for The Bryn Mawr Trust Company that provides commercial and retail banking services to individual and business customers. The company accepts deposit products, including non-interest-bearing demand deposit, savings, NOW, and market rate accounts.
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