Edition:
United States

Bryn Mawr Bank Corp (BMTC.OQ)

BMTC.OQ on NASDAQ Stock Exchange Global Select Market

38.45USD
23 Mar 2017
Change (% chg)

-- (--)
Prev Close
$38.45
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
17,946
52-wk High
$42.55
52-wk Low
$24.77

Latest Key Developments (Source: Significant Developments)

Bryn Mawr Bank to buy Royal Bancshares Of Pennsylvania
Tuesday, 31 Jan 2017 08:40am EST 

Bryn Mawr Bank Corp : Bryn Mawr Bank corporation to acquire Royal Bancshares of Pennsylvania, Inc. . Bryn Mawr Bank corp - transaction with an aggregate value of $127.7 million . Bryn Mawr Bank Corp - deal for $127.7 million . Bryn Mawr Bank Corp says acquisition is expected to be accretive to tangible book value per share as of acquisition date . Acquisition is expected to add approximately $602 million in loans and $630 million in deposits . Bryn Mawr - class a shareholders of royal will receive 0.1025 shares of corporation's common stock for each share of royal's class a common stock . Bryn Mawr Bank - under terms of merger agreement, all options to purchase shares of royal class a common stock will be cashed out upon close of merger . Bryn Mawr Bank -acquisition is expected accretive to earnings during first twelve months of operations, excluding effects of non-recurring merger-related expenses . Bryn Mawr Bank - Class B shareholders of royal will receive 0.1179 shares of corporation's common stock for each share of royal class b common stock .Bryn Mawr Bank Corp- Kevin Tylus, Royal Bank's president and ceo, will join senior management team.  Full Article

Bryn Mawr Bank Corp reports Q4 earnings per share $0.55
Thursday, 19 Jan 2017 04:15pm EST 

Bryn Mawr Bank Corp : Bryn Mawr Bank Corporation reports record quarterly net income of $9.4 million and record annual net income of $36.0 million, driven by 2016 annual loan growth of 11.7 pct, wealth assets reach $11.3 billion . Q4 earnings per share $0.55 . Q4 earnings per share view $0.54 -- Thomson Reuters I/B/E/S . Bryn mawr bank - net interest income for three months ended December 31, 2016 was $27.0 million, an increase of $273 thousand from $26.7 million for three months ended sept 30, 2016 .Qtrly tax-equivalent net interest margin of 3.65 pct for Q4 of 2016 decreased 6 basis points from 3.71pct for Q3 of 2016.  Full Article

Bryn Mawr Bank Corp declares quarterly dividend
Thursday, 22 Oct 2015 04:20pm EDT 

Bryn Mawr Bank Corp:Declared a quarterly dividend of $0.20 per share, payable December 1, 2015 to shareholders of record as of November 3, 2015.  Full Article

Bryn Mawr Bank Corp names Michael W. Harrington as Chief Financial Officer and Treasurer
Wednesday, 9 Sep 2015 09:01am EDT 

Bryn Mawr Bank Corp:Announced that Michael W. Harrington has been named Chief Financial Officer and Treasurer of the Corporation and Executive Vice President, Chief Financial Officer and Treasurer of the Bank.Harrington will officially join Bryn Mawr Trust on Oct. 5, 2015.  Full Article

Bryn Mawr Bank Corp announces private placement of $30 million of 4.75% subordinated notes due 2025 and stock repurchase plan
Thursday, 6 Aug 2015 04:47pm EDT 

Bryn Mawr Bank Corp:Completed a private placement to certain institutional accredited investors of $30 million in aggregate principal amount of 4.75% fixed-to-floating subordinated notes.Notes are non-callable for five years, and have a stated maturity of August 15, 2025.Will bear interest at a fixed rate of 4.75% until August 14, 2020, and thereafter will bear interest.Authorized a stock repurchase program under which the Corporation can repurchase up to 1,200,000 shares, which represents 6.8% of its currently outstanding common stock.  Full Article

Bryn Mawr Bank Corp increases dividend by 5.3 pct. to $0.20
Thursday, 23 Jul 2015 05:27pm EDT 

Bryn Mawr Bank Corp:Declared quarterly dividend of $0.20 per share.Says dividend is payable Sept. 1, to shareholders of record as of Aug. 4.  Full Article

Bryn Mawr Bank Corp Appoints David M. Takats Interim Chief Financial Officer
Friday, 17 Jul 2015 05:06pm EDT 

Bryn Mawr Bank Corp:Says announced the appointment of David M. Takats as interim Chief Financial Officer and Marie D. Connolly as interim Chief Accounting Officer.Says resignation of Chief Financial Officer and Treasurer, J. Duncan Smith.  Full Article

Bryn Mawr Bank Corp declares dividend of $0.19
Thursday, 30 Apr 2015 04:11pm EDT 

Bryn Mawr Bank Corp:Declares quarterly dividend of $0.19 per share.Payable on June 1 to shareholders of record date as of May 12.  Full Article

Bryn Mawr Bank Corp acquires Robert J. McAllister Agency Inc
Monday, 6 Apr 2015 04:06pm EDT 

Bryn Mawr Bank Corp:Says acquisition of Robert J. McAllister Agency Inc.  Full Article

More From Around the Web

BRIEF-Bryn Mawr Bank announces board changes

* Bryn Mawr Bank Corp - Board will reduce its size to ten members effective immediately upon Frederick C Peters' retirement - SEC filing Source text for Eikon: Further company coverage: