Earnings and Growth Analysis : Bryn Mawr Bank (NASDAQ:BMTC)

0
30

Earnings results for Bryn Mawr Bank (NASDAQ:BMTC)

Bryn Mawr Bank Corporation is expected* to report earnings on 04/22/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.63. The reported EPS for the same quarter last year was $-0.56.

Bryn Mawr Bank last issued its earnings results on January 20th, 2021. The bank reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.15. The firm earned $57.04 million during the quarter, compared to the consensus estimate of $55.46 million. Bryn Mawr Bank has generated $3.10 earnings per share over the last year and currently has a price-to-earnings ratio of 26.2. Bryn Mawr Bank has confirmed that its next quarterly earnings report will be published on Thursday, April 22nd, 2021.

Analyst Opinion on Bryn Mawr Bank (NASDAQ:BMTC)

6 Wall Street analysts have issued ratings and price targets for Bryn Mawr Bank in the last 12 months. Their average twelve-month price target is $36.00, predicting that the stock has a possible downside of 17.22%. The high price target for BMTC is $42.00 and the low price target for BMTC is $29.00. There are currently 6 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Bryn Mawr Bank has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings. According to analysts’ consensus price target of $36.00, Bryn Mawr Bank has a forecasted downside of 17.2% from its current price of $43.49. Bryn Mawr Bank has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Bryn Mawr Bank (NASDAQ:BMTC)

Bryn Mawr Bank pays a meaningful dividend of 2.53%, higher than the bottom 25% of all stocks that pay dividends. Bryn Mawr Bank has been increasing its dividend for 8 years. The dividend payout ratio of Bryn Mawr Bank is 34.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Bryn Mawr Bank will have a dividend payout ratio of 42.02% next year. This indicates that Bryn Mawr Bank will be able to sustain or increase its dividend.

Insiders buying/selling: Bryn Mawr Bank (NASDAQ:BMTC)

In the past three months, Bryn Mawr Bank insiders have not sold or bought any company stock. Only 1.39% of the stock of Bryn Mawr Bank is held by insiders. 77.51% of the stock of Bryn Mawr Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Bryn Mawr Bank (NASDAQ:BMTC

Earnings for Bryn Mawr Bank are expected to grow by 76.03% in the coming year, from $1.46 to $2.57 per share. The P/E ratio of Bryn Mawr Bank is 26.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.74. The P/E ratio of Bryn Mawr Bank is 26.20, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.71. Bryn Mawr Bank has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

More latest stories: here