Bryn Mawr Bank (BMTC) Tops Q3 EPS by 4548c

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Go back to Bryn Mawr Bank (BMTC) Tops Q3 EPS by 4548c

Bryn Mawr Bank Corporation Reports Third Quarter Earnings of $7.5 Million, Strong Loan Growth, Declares Dividend of $0.20

October 22, 2015 4:20 PM EDT

BRYN MAWR, Pa., Oct. 22, 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 September 30, 2015, as compared to net income of $6.5 million and diluted earnings per share of $0.47 for the same period in 2014.

On a non-GAAP basis, core net income, which excludes due diligence and merger-related expenses and net gain on sale of available for sale investment securities, was $8.1 million, or $0.46 per diluted share, for the... More