Bryn Mawr Bank Corporation (NASDAQ:BMTC) is expected to report second quarter earnings results, after market close, on Monday 20th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.51 per share.
Looking ahead, the full year income are expected at $ 1.08 per share on the revenues of $ 148.64 million.
Previous Quarter Performance
Bryn Mawr Bank Corporation unwinded loss for the first quarter of $ 0.56 per share, from the revenue of $ 36.33 million. The quarterly revenues dropped 3.51 percent compared with the same quarter last year. Street analysts expected Bryn Mawr Bank Corporation to report income of $ 0.60 per share on revenue of $ 35.68 million for the first quarter. The bottom line results missed street analysts by $ 1.16 or 193.33 percent, at the same time, top line results outshined analysts by $ 0.65 million or 1.82 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of BMTC was $ 26.28, representing a 18.38 % increase from the 52 week low of $ 22.20 and a 36.54 % decrease over the 52 week high of $ 41.41.
The company has a market capital of $ 523.56 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Analyst recommendations
On 1st June 2020, initiated by Stephens at Equal-Weight rating.
Recent Stock Dividend Announcement
On April 20, 2020, the board of directors authorized quarterly dividend of $ 0.26 per share to holders of record as of the close of business on April 30, 2020, with payment date of June 1, 2020 and ex-dividend date on April 29, 2020.
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.