News stories about Bryn Mawr Bank (NASDAQ:BMTC) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bryn Mawr Bank earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 47.1864832290149 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
BMTC stock opened at $46.25 on Friday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.93 and a quick ratio of 0.93. Bryn Mawr Bank has a 1 year low of $38.75 and a 1 year high of $47.20. The firm has a market capitalization of $937.30, a P/E ratio of 19.11 and a beta of 0.60.
Bryn Mawr Bank (NASDAQ:BMTC) last released its earnings results on Thursday, April 19th. The bank reported $0.94 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.70 by $0.24. The firm had revenue of $56.98 million during the quarter, compared to analyst estimates of $51.25 million. Bryn Mawr Bank had a net margin of 14.05% and a return on equity of 11.66%. equities analysts forecast that Bryn Mawr Bank will post 3.03 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Tuesday, May 1st will be given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date of this dividend is Monday, April 30th. Bryn Mawr Bank’s dividend payout ratio is 36.36%.
Several research firms recently issued reports on BMTC. BidaskClub lowered shares of Bryn Mawr Bank from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Zacks Investment Research raised shares of Bryn Mawr Bank from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Thursday, February 1st. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $56.00 price objective on shares of Bryn Mawr Bank in a research note on Thursday. Finally, Boenning Scattergood reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Bryn Mawr Bank in a research note on Monday, January 29th. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Bryn Mawr Bank has a consensus rating of “Hold” and a consensus target price of $51.67.
In other Bryn Mawr Bank news, Director Wendell F. Holland sold 3,500 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $45.03, for a total transaction of $157,605.00. Following the completion of the transaction, the director now owns 17,654 shares of the company’s stock, valued at approximately $794,959.62. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Diego F. Calderin bought 1,000 shares of the business’s stock in a transaction on Monday, February 5th. The shares were purchased at an average cost of $45.99 per share, with a total value of $45,990.00. Following the transaction, the director now owns 1,000 shares in the company, valued at $45,990. The disclosure for this purchase can be found here. 1.95% of the stock is owned by insiders.
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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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