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Category: Press Releases

Bryn Mawr Bank Corporation Reports Quarterly Earnings of $18.4 Million, Declares $0.28 Dividend

BRYN MAWR, Pa., October 21, 2021 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $18.4 million, or $0.92 diluted earnings per share, for the three months ended September 30, 2021, as compared to $21.3 million, or $1.06 diluted earnings per share, […]

Bryn Mawr Bank Corporation Reports Record Quarterly Earnings of $21.3 Million, Declares $0.28 Dividend

BRYN MAWR, Pa., July 22, 2021 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $21.3 million, or $1.06 diluted earnings per share, for the three months ended June 30, 2021, as compared to $17.1 million, or $0.85 diluted earnings per share, […]

WSFS and BMTC Receive Stockholder Approval to Combine

WILMINGTON, Del. and BRYN MAWR, Pa. — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today that their respective stockholders approved the previously announced merger of BMTC into WSFS at a special meeting of stockholders for each company. “Stockholder approval from both companies is another milestone in our combination that […]

BMBC Reports First Quarter Net Income of $17.1 Million, Wealth Assets Under Management Surpass $20 Billion

BRYN MAWR, Pa., April 22, 2021 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $17.1 million, or $0.85 diluted earnings per share, for the three months ended March 31, 2021, as compared to $15.5 million, or $0.78 diluted earnings per share, […]

WSFS Financial Corporation to Combine with Bryn Mawr Bank Corporation, Solidifies Position as the Premier Bank and Wealth Management Franchise in the Greater Philadelphia and Delaware Region

WILMINGTON, Del. and BRYN MAWR, Pa. – WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: BMTC), jointly announced today the signing of a definitive merger agreement whereby Bryn Mawr Bank Corporation (“Bryn Mawr”) will merge with WSFS Financial Corporation (“WSFS”), in a transaction valued at approximately $976.4 million. Simultaneously with the merger, The Bryn Mawr Trust Company (“BMT”), the wholly owned subsidiary of Bryn Mawr, will merge into WSFS Bank, a wholly owned subsidiary of WSFS.

Bryn Mawr Trust Names Jerry Cary Chief Diversity Officer

Bryn Mawr, Pa., January 28, 2021 – Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today that Jerry Cary was named Vice President and Chief Diversity Officer. Since joining BMT in 2019, Jerry has focused on driving the company’s Diversity, Equity, and Inclusion (DE&I) strategy and enhancing activities done in support of it.

BMT Provides $250,000 PA Tax Credit Contribution for The Riverfront Alliance of Delaware County, Reaney Street Reconstruction Project

BRYN MAWR, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) — Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today that George Robostello has joined the company as Senior Vice President and Managing Director of Commercial Banking, Southern New Jersey region. He reports directly to Jim Donovan, Head of Commercial and Industrial Banking, and will build a team of commercial bankers focused on the New Jersey region.

Bryn Mawr Bank Corporation Reports Fourth Quarter Net Income of $15.5 Million

BRYN MAWR, Pa., January 21, 2021 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $15.5 million, or $0.78 diluted earnings per share, for the three months ended December 31, 2020, as compared to $13.2 million, or $0.66 diluted earnings per share, for the three months ended September 30, 2020, and $16.4 million, or $0.81 diluted earnings per share, for the three months ended December 31, 2019.

Bryn Mawr Trust Adds George Robostello as South Jersey Managing Director of Commercial Banking

BRYN MAWR, Pa., Jan. 14, 2021 (GLOBE NEWSWIRE) — Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today that George Robostello has joined the company as Senior Vice President and Managing Director of Commercial Banking, Southern New Jersey region. He reports directly to Jim Donovan, Head of Commercial and Industrial Banking, and will build a team of commercial bankers focused on the New Jersey region.

Bryn Mawr Trust Launches Career Conversations Webcast Series for Professional Women

Bryn Mawr, Pa., January 13, 2021 – Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), today announced Career Conversations, a webcast series that features women in senior leadership roles sharing career insights and their professional journeys. The series is a collaborative effort by BMT and Greater Philadelphia-based nonprofit POWER of Professional Women (POWER).