Bryn Mawr Bank (BMTC) Reports Q1 EPS of $0.42

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Bryn Mawr Bank Corporation Reports Strong First Quarter Earnings of $7.5 Million, Declares Dividend of $0.19

April 30, 2015 4:11 PM EDT

BRYN MAWR, Pa., April 30, 2015 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq: BMTC) (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today reported net income of $7.5 million and diluted earnings per share of $0.42 for the three months ended March 31, 2015, as compared to net income of $6.7 million and diluted earnings per share of $0.49 for the same period in 2014. Net income for the three months ended March 31, 2015 included pre-tax due diligence and merger-related expenses of $2.5 million, as compared to $264 thousand for the same period in 2014.

On a non-GAAP basis, net income, excluding tax-effected... More

Bryn Mawr Bank Corporation Reports Strong First Quarter Earnings of $7.5 Million, Declares Dividend of $0.19

April 30, 2015 4:11 PM EDT

BRYN MAWR, Pa., April 30, 2015 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (Nasdaq: BMTC) (the "Corporation"), parent of The Bryn Mawr Trust Company (the "Bank"), today reported net income of $7.5 million and diluted earnings per share of $0.42 for the three months ended March 31, 2015, as compared to net income of $6.7 million and diluted earnings per share of $0.49 for the same period in 2014. Net income for the three months ended March 31, 2015 included pre-tax due diligence and merger-related expenses of $2.5 million, as compared to $264 thousand for the same period in 2014.

On a non-GAAP basis, net income, excluding tax-effected... More