Bryn Mawr Bank Corporation (NASDAQ:BMTC) – Investment analysts at FIG Partners issued their Q1 2018 earnings per share estimates for shares of Bryn Mawr Bank Corporation in a note issued to investors on Tuesday. FIG Partners analyst D. Bishop anticipates that the firm will post earnings of $0.62 per share for the quarter. FIG Partners has a “Market Perform” rating on the stock. FIG Partners also issued estimates for Bryn Mawr Bank Corporation’s Q2 2018 earnings at $0.62 EPS, Q3 2018 earnings at $0.65 EPS and Q4 2018 earnings at $0.67 EPS.
Separately, Zacks Investment Research upgraded Bryn Mawr Bank Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, September 21st.
Bryn Mawr Bank Corporation (NASDAQ:BMTC) traded up 0.73% during midday trading on Wednesday, hitting $41.15. The stock had a trading volume of 20,647 shares. The firm has a 50-day moving average of $39.52 and a 200-day moving average of $32.94. Bryn Mawr Bank Corporation has a 12-month low of $23.92 and a 12-month high of $42.60. The company has a market cap of $695.97 million, a PE ratio of 34.67 and a beta of 0.67.
Bryn Mawr Bank Corporation (NASDAQ:BMTC) last posted its quarterly earnings data on Thursday, October 20th. The company reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. Bryn Mawr Bank Corporation had a return on equity of 5.46% and a net margin of 11.93%. During the same period last year, the business posted $0.46 earnings per share.
Large investors have recently bought and sold shares of the stock. Emerald Acquisition Ltd. bought a new stake in Bryn Mawr Bank Corporation during the second quarter worth about $105,000. BlackRock Inc. raised its stake in Bryn Mawr Bank Corporation by 201.8% in the second quarter. BlackRock Inc. now owns 4,334 shares of the company’s stock worth $126,000 after buying an additional 2,898 shares during the period. BlackRock Group LTD raised its stake in Bryn Mawr Bank Corporation by 4.9% in the third quarter. BlackRock Group LTD now owns 5,161 shares of the company’s stock worth $165,000 after buying an additional 243 shares during the period. JFS Wealth Advisors LLC bought a new stake in Bryn Mawr Bank Corporation during the third quarter worth about $208,000. Finally, GSA Capital Partners LLP bought a new stake in Bryn Mawr Bank Corporation during the second quarter worth about $219,000. Institutional investors and hedge funds own 68.57% of the company’s stock.
In other news, Director Frederick C. Peters II sold 22,015 shares of the company’s stock in a transaction that occurred on Tuesday, November 1st. The stock was sold at an average price of $30.58, for a total value of $673,218.70. Following the completion of the sale, the director now directly owns 62,220 shares in the company, valued at $1,902,687.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jerry L. Johnson sold 2,500 shares of the company’s stock in a transaction that occurred on Tuesday, November 22nd. The shares were sold at an average price of $35.50, for a total value of $88,750.00. The disclosure for this sale can be found here. Company insiders own 3.33% of the company’s stock.
About Bryn Mawr Bank Corporation
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.
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