News stories about Bryn Mawr Bank (NASDAQ:BMTC) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Bryn Mawr Bank earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media headlines about the bank an impact score of 46.7425379706025 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
Shares of BMTC opened at $43.60 on Friday. Bryn Mawr Bank has a 12 month low of $38.50 and a 12 month high of $47.20. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.49. The firm has a market cap of $903.85, a PE ratio of 18.02 and a beta of 0.60.
Bryn Mawr Bank (NASDAQ:BMTC) last issued its quarterly earnings data on Monday, January 29th. The bank reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). Bryn Mawr Bank had a net margin of 12.20% and a return on equity of 9.71%. The business had revenue of $45.86 million for the quarter, compared to analysts’ expectations of $45.47 million. analysts forecast that Bryn Mawr Bank will post 3.07 earnings per share for the current year.
Several brokerages have recently commented on BMTC. BidaskClub upgraded Bryn Mawr Bank from a “sell” rating to a “hold” rating in a report on Saturday, January 13th. Zacks Investment Research upgraded Bryn Mawr Bank from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Thursday, February 1st. Finally, Boenning Scattergood reiterated a “buy” rating and set a $50.00 price objective on shares of Bryn Mawr Bank in a report on Monday, January 29th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $48.67.
In other news, Director Michael Joseph Clement bought 2,800 shares of Bryn Mawr Bank stock in a transaction that occurred on Thursday, February 8th. The stock was bought at an average price of $43.84 per share, for a total transaction of $122,752.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Diego F. Calderin bought 1,000 shares of Bryn Mawr Bank stock in a transaction that occurred on Monday, February 5th. The stock was purchased at an average price of $45.99 per share, with a total value of $45,990.00. Following the purchase, the director now directly owns 1,000 shares in the company, valued at $45,990. The disclosure for this purchase can be found here. Corporate insiders own 1.95% of the company’s stock.
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Bryn Mawr Bank Company Profile
Bryn Mawr Bank Corporation operates as the bank holding company for The Bryn Mawr Trust Company that provides commercial and retail banking services to individual and business customers. The company accepts deposit products, including non-interest-bearing demand deposit, savings, NOW, and market rate accounts.
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