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Category: Press Releases

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).

Bryn Mawr Bank Corporation Reports Third Quarter Net Income of $13.2 Million

BRYN MAWR, Pa., October 22, 2020 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $13.2 million, or $0.66 diluted earnings per share, for the three months ended September 30, 2020, as compared to $15.0 million, or $0.75 diluted earnings per share, for the three months ended June 30, 2020, and $16.4 million, or $0.81 diluted earnings per share, for the three months ended September 30, 2019.

Bryn Mawr Bank Corporation Announces Date of Third Quarter 2020 Financial Results and Earnings Call

BRYN MAWR, Pa., October 6, 2020 – Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company, expects to report third quarter 2020 financial results after markets close on Thursday, October 22, 2020. The Corporation will hold a third quarter 2020 earnings conference call at 8:30 a.m. Eastern Time on […]

Bryn Mawr Trust Bolsters Commercial Lending Group, Adds Rachel Lindeman as Senior Vice President

Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC), announced today that Rachel Lindeman has joined the company as Senior Vice President and Commercial Real Estate Relationship and Construction Loan Manager. Rachel reports directly to Drew Smith, Commercial Real Estate (CRE) Banking Division leader. She manages high-profile CRE relationships and works with large developers throughout the state of Delaware to support initiatives to expand the bank’s presence in the state.

BMT Names John Kveragas as Senior Vice President, Chief Audit Officer

Bryn Mawr Trust (BMT), wholly owned by Bryn Mawr Bank Corporation (NASDAQ: BMTC– the “Corporation”), today announces that John E. Kveragas, Jr., CPA, CISA joined the Corporation on July 27, 2020, and will be the new Senior Vice President and Chief Audit Officer. He reports directly to the audit committee of the Corporation boards of directors, and administratively to Corporation President and CEO Frank Leto.

BMBC Reports Second Quarter Net Income of $15.0 Million

Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported net income of $15.0 million, or $0.75 diluted earnings per share for the three months ended June 30, 2020, as compared to a net loss of $11.2 million, or $(0.56) diluted earnings per share, for the three months ended March 31, 2020, and net income of $15.8 million, or $0.78 diluted earnings per share, for the three months ended June 30, 2019.

BMBC Reports First Quarter Earnings Impacted by Increased Provision for Credit Losses Under CECL Related to Economic Outlook Driven by the COVID-19 Pandemic, Declares $0.26 Dividend

BRYN MAWR, Pa., April 20, 2020 – Driven by an increase in provision for credit losses on loans and leases reflecting the impact of the adverse economic outlook due to the COVID-19 pandemic on estimated lifetime losses under the new Current Expected Credit Loss standard (“CECL”), Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company (the “Bank”), today reported a net loss of $11.2 million, or $(0.56) diluted earnings per share for the three months ended March 31, 2020, as compared to net income of $16.4 million, or $0.81 diluted earnings per share, for the three months ended December 31, 2019, and $10.7 million, or $0.53 diluted earnings per share, for the three months ended March 31, 2019.