U.S. Markets closed

Bryn Mawr Bank: 1Q Earnings Snapshot

BRYN MAWR, Pa. (AP) _ Bryn Mawr Bank Corp. (BMTC) on Thursday reported first-quarter profit of $10.7 million.

The Bryn Mawr, Pennsylvania-based bank said it had earnings of 53 cents per share. Earnings, adjusted for non-recurring costs, were 70 cents per share.

The bank holding company posted revenue of $67.7 million in the period. Its revenue net of interest expense was $56.9 million, beating Street forecasts.

Bryn Mawr Bank shares have risen slightly more than 9 percent since the beginning of the year. The stock has dropped 14 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BMTC at https://www.zacks.com/ap/BMTC