Wall Street analysts expect Bryn Mawr Bank Corp. (NASDAQ:BMTC) to report earnings per share (EPS) of $0.79 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bryn Mawr Bank’s earnings, with estimates ranging from $0.77 to $0.81. Bryn Mawr Bank posted earnings per share of $0.84 in the same quarter last year, which indicates a negative year-over-year growth rate of 6%. The company is expected to issue its next earnings report on Thursday, January 16th.
On average, analysts expect that Bryn Mawr Bank will report full year earnings of $3.08 per share for the current financial year, with EPS estimates ranging from $3.06 to $3.10. For the next fiscal year, analysts anticipate that the business will report earnings of $3.21 per share, with EPS estimates ranging from $3.19 to $3.23. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Bryn Mawr Bank.
Bryn Mawr Bank (NASDAQ:BMTC) last released its quarterly earnings data on Thursday, October 17th. The bank reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.05. Bryn Mawr Bank had a net margin of 22.13% and a return on equity of 10.90%. The company had revenue of $56.85 million during the quarter, compared to the consensus estimate of $57.45 million.
Shares of BMTC stock traded down $0.30 during mid-day trading on Tuesday, reaching $38.72. The company’s stock had a trading volume of 359 shares, compared to its average volume of 43,939. The company’s 50 day simple moving average is $38.33 and its 200-day simple moving average is $36.86. Bryn Mawr Bank has a 12-month low of $32.84 and a 12-month high of $41.33. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $790.28 million, a PE ratio of 11.15 and a beta of 0.75.
The business also recently declared a quarterly dividend, which was paid on Sunday, December 1st. Shareholders of record on Friday, November 1st were issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date was Thursday, October 31st. Bryn Mawr Bank’s dividend payout ratio is presently 30.06%.
Institutional investors and hedge funds have recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its position in Bryn Mawr Bank by 1.4% during the second quarter. Commonwealth Equity Services LLC now owns 21,306 shares of the bank’s stock worth $795,000 after buying an additional 286 shares in the last quarter. Ellis Investment Partners LLC purchased a new stake in shares of Bryn Mawr Bank during the second quarter worth $37,000. Janney Montgomery Scott LLC bought a new position in shares of Bryn Mawr Bank in the second quarter worth $217,000. Roubaix Capital LLC boosted its holdings in shares of Bryn Mawr Bank by 25.6% in the second quarter. Roubaix Capital LLC now owns 74,002 shares of the bank’s stock worth $2,762,000 after acquiring an additional 15,080 shares during the period. Finally, Aperio Group LLC boosted its holdings in shares of Bryn Mawr Bank by 20.5% in the second quarter. Aperio Group LLC now owns 13,886 shares of the bank’s stock worth $518,000 after acquiring an additional 2,361 shares during the period. Institutional investors own 76.42% of the company’s stock.
Bryn Mawr Bank Company Profile
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. It operates in two segments, Wealth Management and Banking. The company accepts deposit products, including interest-bearing demand accounts, wholesale time deposits, retail time deposits, savings accounts, noninterest-bearing demand accounts, and wholesale non-maturity deposits, as well as NOW and market rate accounts.
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