Bryn Mawr Bank Corp. Announces Quarterly Dividend of $0.22 (BMTC)

Bryn Mawr Bank Corp. (NASDAQ:BMTC) announced a quarterly dividend on Monday, January 29th, NASDAQ reports. Investors of record on Friday, February 9th will be given a dividend of 0.22 per share by the bank on Thursday, March 1st. This represents a $0.88 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, February 8th.

Shares of Bryn Mawr Bank (BMTC) opened at $44.65 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $884.17, a PE ratio of 19.84 and a beta of 0.62. Bryn Mawr Bank has a fifty-two week low of $36.80 and a fifty-two week high of $46.90.

Bryn Mawr Bank (NASDAQ:BMTC) last released its quarterly earnings data on Monday, January 29th. The bank reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.01). Bryn Mawr Bank had a net margin of 21.29% and a return on equity of 10.15%. research analysts anticipate that Bryn Mawr Bank will post 2.43 EPS for the current fiscal year.

Several research firms recently weighed in on BMTC. BidaskClub downgraded Bryn Mawr Bank from a “hold” rating to a “sell” rating in a report on Friday. Boenning Scattergood restated a “buy” rating and issued a $50.00 price objective on shares of Bryn Mawr Bank in a report on Monday. Zacks Investment Research downgraded Bryn Mawr Bank from a “buy” rating to a “hold” rating in a report on Tuesday, December 26th. Finally, ValuEngine downgraded Bryn Mawr Bank from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $49.33.

TRADEMARK VIOLATION WARNING: “Bryn Mawr Bank Corp. Announces Quarterly Dividend of $0.22 (BMTC)” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this news story on another website, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright law. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/01/30/bryn-mawr-bank-corp-announces-quarterly-dividend-of-0-22-bmtc.html.

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.

Dividend History for Bryn Mawr Bank (NASDAQ:BMTC)

Receive News & Ratings for Bryn Mawr Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bryn Mawr Bank and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply