Somewhat Positive News Coverage Somewhat Unlikely to Impact Bryn Mawr Bank (BMTC) Stock Price
Press coverage about Bryn Mawr Bank (NASDAQ:BMTC) has been trending somewhat positive on Friday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bryn Mawr Bank earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media headlines about the bank an impact score of 48.1766791644808 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
BMTC has been the topic of several analyst reports. Zacks Investment Research lowered shares of Bryn Mawr Bank from a “hold” rating to a “sell” rating in a report on Monday, October 23rd. ValuEngine lowered shares of Bryn Mawr Bank from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. Finally, BidaskClub lowered shares of Bryn Mawr Bank from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Bryn Mawr Bank has a consensus rating of “Hold” and an average target price of $49.33.
Bryn Mawr Bank (NASDAQ:BMTC) opened at $46.05 on Friday. Bryn Mawr Bank has a twelve month low of $36.80 and a twelve month high of $46.55. The firm has a market cap of $767.26, a P/E ratio of 20.47 and a beta of 0.62. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.41.
In other Bryn Mawr Bank news, EVP Joseph G. Keefer sold 11,500 shares of the company’s stock in a transaction that occurred on Tuesday, October 24th. The shares were sold at an average price of $44.18, for a total value of $508,070.00. Following the completion of the sale, the executive vice president now owns 19,925 shares of the company’s stock, valued at $880,286.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.31% of the stock is currently owned by corporate insiders.
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Bryn Mawr Bank Company Profile
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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