Bryn Mawr Bank (BMTC) Declares $0.25 Quarterly Dividend; 2.2% Yield

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Bryn Mawr Bank Corporation Continues Momentum with Another Strong Quarter and Record Quarterly Earnings of $16.7 Million, Declares $0.25 Dividend

October 18, 2018 9:00 AM EDT

BRYN MAWR, Pa., Oct. 18, 2018 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the Corporation), parent of The Bryn Mawr Trust Company (the Bank) today reported net income of $16.7 million, or $0.82 diluted earnings per share for the three months ended September 30, 2018, as compared to net income of $14.7 million, or $0.72 diluted earnings per share, for the three months ended June 30, 2018, and $10.7 million, or $0.62 diluted earnings per share, for the three months ended September 30, 2017.

On a non-GAAP basis, core net income, which excludes Tax Cuts and Jobs Act ("Tax Reform") related income tax charges, due... More