Bryn Mawr Bank Corp. (BMTC) Plans $0.20 Dividend
Bryn Mawr Bank Corp. (NASDAQ:BMTC) declared a dividend on Thursday, January 21st, Market Beat.com reports. Shareholders of record on Tuesday, February 2nd will be given a dividend of 0.20 per share on Tuesday, March 1st. The ex-dividend date of this dividend is Friday, January 29th.
Separately, Zacks Investment Research upgraded Bryn Mawr Bank Corp. from a “strong sell” rating to a “hold” rating in a report on Thursday, November 5th.
In other news, CAO Marie D. Connolly sold 2,000 shares of the business’s stock in a transaction dated Friday, December 11th. The stock was sold at an average price of $28.01, for a total value of $56,020.00. Following the completion of the transaction, the chief accounting officer now owns 3,492 shares of the company’s stock, valued at approximately $97,810.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Andrea F. Gilbert sold 2,500 shares of the business’s stock in a transaction dated Wednesday, December 2nd. The shares were sold at an average price of $29.81, for a total value of $74,525.00. Following the completion of the transaction, the director now directly owns 19,015 shares of the company’s stock, valued at approximately $566,837.15. The disclosure for this sale can be found here.
Shares of Bryn Mawr Bank Corp. (NASDAQ:BMTC) opened at 25.49 on Friday. The company has a market capitalization of $436.62 million and a price-to-earnings ratio of 27.12. The stock has a 50 day moving average price of $28.48 and a 200 day moving average price of $29.57. Bryn Mawr Bank Corp. has a 1-year low of $25.30 and a 1-year high of $31.77.
Bryn Mawr Bank Corp. (NASDAQ:BMTC) last issued its quarterly earnings data on Thursday, January 21st. The company reported $0.44 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.04. During the same quarter last year, the business earned $0.55 earnings per share. On average, equities analysts anticipate that Bryn Mawr Bank Corp. will post $2.06 EPS for the current fiscal year.
Bryn Mawr Bank Corporation is a holding company for The Bryn Mawr Trust Company (NASDAQ:BMTC). 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. The Company operates through two segments: Wealth Management and Banking. The Company’s Wealth Management segment offers various services, including trust administration, other related fiduciary services, custody, investment management and advisory services, employee benefits and IRA administration, estate settlement, tax services and brokerage. The Company’s Banking segment consists of commercial and retail banking. The Company operates around 19 full-service branches, seven life care community offices, five wealth offices and a full-service insurance agency.

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