WSFS Financial Corporation Receives All Required Approvals to Acquire Bryn Mawr Bank Corporation
Acquisition expected to close January 1, 2022 WILMINGTON, Del. and BRYN MAWR, Pa.– WSFS Financial Corporation (Nasdaq: WSFS) (“WSFS”), the parent company of WSFS Bank, and Bryn Mawr Bank Corporation (Nasdaq: Bryn Mawr TrustC) (“Bryn Mawr TrustC”), the parent company of The Bryn Mawr Trust Company, jointly announced that WSFS has received all required approvals […]
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: Bryn Mawr TrustC) (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 […]
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: Bryn Mawr TrustC) (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 […]
Bryn Mawr Bank Corporation Announces Date of Second Quarter 2021 Financial Results
BRYN MAWR, Pa., April 12, 2021 – Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC) (the “Corporation”), parent of The Bryn Mawr Trust Company, expects to report first quarter 2021 financial results before markets open on Thursday, April 22, 2021.
WSFS and Bryn Mawr TrustC Receive Stockholder Approval to Combine
WILMINGTON, Del. and BRYN MAWR, Pa. — WSFS Financial Corporation (NASDAQ: WSFS) and Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), jointly announced today that their respective stockholders approved the previously announced merger of Bryn Mawr TrustC into WSFS at a special meeting of stockholders for each company. “Stockholder approval from both companies is another milestone […]
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: Bryn Mawr TrustC) (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 […]
Bryn Mawr Bank Corporation Announces Date of First Quarter 2021 Financial Results
BRYN MAWR, Pa., April 12, 2021 – Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC) (the “Corporation”), parent of The Bryn Mawr Trust Company, expects to report first quarter 2021 financial results before markets open on Thursday, April 22, 2021.
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: Bryn Mawr TrustC), 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 (“Bryn Mawr Trust”), 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 (Bryn Mawr Trust), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), announced today that Jerry Cary was named Vice President and Chief Diversity Officer. Since joining Bryn Mawr Trust 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.
Bryn Mawr Trust 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 (Bryn Mawr Trust), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), 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: Bryn Mawr TrustC) (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 (Bryn Mawr Trust), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: Bryn Mawr TrustC), 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.
