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Bryn Mawr Bank Corp (BMTC.OQ)

BMTC.OQ on NASDAQ Stock Exchange Global Select Market

42.55USD
4:00pm EDT
Change (% chg)

$-0.25 (-0.58%)
Prev Close
$42.80
Open
$42.85
Day's High
$43.20
Day's Low
$42.25
Volume
13,910
Avg. Vol
20,162
52-wk High
$43.75
52-wk Low
$28.62

Latest Key Developments (Source: Significant Developments)

Bryn Mawr Bank Corporation reports record quarterly net income
5:08pm EDT 

July 20 (Reuters) - Bryn Mawr Bank Corp ::Bryn Mawr Bank Corporation reports record quarterly net income, wealth assets top $12 billion, dividend increases by 5 percent.Quarterly insurance revenue $943,000.Q2 earnings per share $0.55.Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.Qtrly net interest income $28.0 million, an increase of $562 thousand from $27.4 million for three months ended March 31, 2017.  Full Article

Bryn Mawr Bank Corp reports Q2 earnings of $0.55/shr
4:15pm EDT 

July 20 (Reuters) - Bryn Mawr Bank Corp :Bryn Mawr Bank Corporation reports record quarterly net income, wealth assets top $12 billion, dividend increases by 5%.Q2 earnings per share $0.55.Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S.Quarterly revenue $953,000.Bryn Mawr Bank - qtrly net interest income $28.0 million, an increase of $562 thousand from $27.4 million for three months ended March 31, 2017.  Full Article

Royal Bancshares of Pennsylvania shareholders approve pending merger
Thursday, 25 May 2017 04:05pm EDT 

May 25 (Reuters) - Bryn Mawr Bank Corp :Royal bancshares of pennsylvania, inc. Announces shareholder approval of pending merger with bryn mawr bank corporation.Royal bancshares of pennsylvania inc - at special meeting, 98.6% of votes cast were voted in favor of merger.Royal bancshares of pennsylvania inc- at special meeting, 98.6% of votes cast were voted in favor of merger..Royal bancshares of pennsylvania inc - a q3 2017 closing is anticipated for deal.  Full Article

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

BRIEF-Bryn Mawr Bank Corporation reports record quarterly net income

* Bryn Mawr Bank Corporation reports record quarterly net income, wealth assets top $12 billion, dividend increases by 5 percent