Bryn Mawr Financial institution (BMTC) Q3 Earnings Beat Estimates

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Bryn Mawr Financial institution (BMTC) Q3 Earnings Beat Estimates

Bryn Mawr Financial institution (BMTC) got here out with quarterly earnings of $0.81 per share, bea


Bryn Mawr Financial institution (BMTC) got here out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.84 per share a yr in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of three.85%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would publish earnings of $0.83 per share when it truly produced earnings of $0.78, delivering a shock of -6.02%.

During the last 4 quarters, the corporate has surpassed consensus EPS estimates two instances.

Bryn Mawr Financial institution, which belongs to the Zacks Banks – Northeast business, posted revenues of $56.85 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 1.03%. This compares to year-ago revenues of $55 million. The corporate has topped consensus income estimates two instances during the last 4 quarters.

The sustainability of the inventory’s fast value motion based mostly on the…



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