Bryn Mawr Bank (BMTC) Earns Daily Coverage Optimism Score of 0.17
Headlines about Bryn Mawr Bank (NASDAQ:BMTC) have been trending somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Bryn Mawr Bank earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.1291290205676 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Bryn Mawr Bank (NASDAQ:BMTC) opened at $44.65 on Friday. Bryn Mawr Bank has a one year low of $37.25 and a one year high of $47.20. The stock has a market cap of $928.17, a PE ratio of 33.07 and a beta of 0.60. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49.
Bryn Mawr Bank (NASDAQ:BMTC) last issued its earnings results on Monday, January 29th. The bank reported $0.63 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.01). Bryn Mawr Bank had a net margin of 12.20% and a return on equity of 9.71%. The firm had revenue of $45.86 million during the quarter, compared to analyst estimates of $45.47 million. equities analysts predict that Bryn Mawr Bank will post 3.07 earnings per share for the current fiscal year.
BMTC has been the subject of several recent analyst reports. Boenning Scattergood reiterated a “buy” rating and issued a $50.00 target price on shares of Bryn Mawr Bank in a research note on Monday, January 29th. ValuEngine downgraded shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a research note on Saturday, November 25th. 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 note on Thursday, February 1st. Finally, BidaskClub downgraded shares of Bryn Mawr Bank from a “hold” rating to a “sell” rating in a research note on Friday, January 26th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Bryn Mawr Bank has a consensus rating of “Hold” and a consensus price target of $49.00.
In other Bryn Mawr Bank news, COO Alison Eichert sold 9,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $45.19, for a total value of $406,710.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Wendell F. Holland sold 3,500 shares of the stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $45.03, for a total transaction of $157,605.00. Following the completion of the transaction, the director now directly owns 17,654 shares in the company, valued at $794,959.62. The disclosure for this sale can be found here. 1.95% of the stock is owned by corporate insiders.
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About Bryn Mawr Bank
Bryn Mawr Bank Corporation is the bank holding company of the Bryn Mawr Trust Company (the Bank). The Company and its subsidiaries offer 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 from various location across Montgomery, Delaware, Chester, Philadelphia and Dauphin counties of Pennsylvania, and New Castle county in Delaware.
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