News headlines about Bryn Mawr Bank Corporation (NASDAQ:BMTC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Bryn Mawr Bank Corporation earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the bank an impact score of 47.022266547889 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Bryn Mawr Bank Corporation (BMTC) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Bryn Mawr Bank Corp. : BMTC-US: Dividend Analysis : November 01st, 2017 (record date) : By the numbers : November 1, 2017 (finance.yahoo.com)
- BRYN MAWR BANK CORP. : ex-dividend day (4-traders.com)
Bryn Mawr Bank Corporation (NASDAQ BMTC) traded down $0.35 during mid-day trading on Friday, hitting $43.85. The stock had a trading volume of 25,911 shares, compared to its average volume of 39,426. The stock has a market cap of $747.64, a P/E ratio of 18.98 and a beta of 0.63. Bryn Mawr Bank Corporation has a 52-week low of $30.54 and a 52-week high of $45.45. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.49.
Bryn Mawr Bank Corporation (NASDAQ:BMTC) last released its quarterly earnings results on Thursday, October 19th. The bank reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.05. The firm had revenue of $45.02 million for the quarter, compared to the consensus estimate of $46.85 million. Bryn Mawr Bank Corporation had a return on equity of 10.24% and a net margin of 21.29%. sell-side analysts expect that Bryn Mawr Bank Corporation will post 2.45 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 1st will be paid a $0.22 dividend. The ex-dividend date is Tuesday, October 31st. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.01%. Bryn Mawr Bank Corporation’s dividend payout ratio (DPR) is currently 39.11%.
BMTC has been the topic of a number of research reports. Keefe, Bruyette & Woods restated a “buy” rating and issued a $47.00 price target on shares of Bryn Mawr Bank Corporation in a research note on Sunday, July 23rd. Boenning Scattergood upgraded Bryn Mawr Bank Corporation from a “neutral” rating to an “outperform” rating and set a $50.00 price target on the stock in a research note on Monday, July 24th. BidaskClub downgraded Bryn Mawr Bank Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Zacks Investment Research downgraded Bryn Mawr Bank Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. Bryn Mawr Bank Corporation has a consensus rating of “Hold” and an average price target of $48.50.
In related news, EVP Joseph G. Keefer sold 11,500 shares of Bryn Mawr Bank Corporation stock in a transaction on Tuesday, October 24th. The stock was sold at an average price of $44.18, for a total transaction of $508,070.00. Following the transaction, the executive vice president now directly owns 19,925 shares in the company, valued at $880,286.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.31% of the company’s stock.
About Bryn Mawr Bank Corporation
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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