Bryn Mawr Bank (BMTC) Tops Q2 EPS by 26c

Bryn Mawr Bank (NASDAQ: BMTC) reported Q2 EPS of $0.77, $0.26 better than the analyst estimate of $0.51.

“In this time of unprecedented uncertainty, I am pleased with our second quarter results. This is truly a testament to BMT’s strong foundation and focus on people, process, technology and diversification of revenue streams. The hard work and dedication our employees showed in this time of crisis deserves special recognition,” commented Frank Leto, President and Chief Executive Officer, continuing, “Our transition to remote work was seamless and will offer us future efficiencies in both occupancy and personnel expenses. We entered this pandemic in a position of strength. Management remains diligent in the execution of our heightened risk management and credit monitoring processes.”

For earnings history and earnings-related data on Bryn Mawr Bank (BMTC) click here.

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