Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”),
parent of The Bryn Mawr Trust Company (“BMT”), announced today that
Kathryn R. Bittner has joined the organization as Senior Vice
President, Sales Strategy and Development Manager.
Ms. Bittner will, in this newly created role,
focus on developing growth strategies, support infrastructure, and
the professional development of BMT’s expanding commercial real
estate and commercial and industrial lending groups. This
strategic investment will allow us to better serve our existing
customer base and focus on growth and expansion, while fulfilling
the needs of a broad range of commercial enterprises and nonprofit
institutions.
“I am pleased to welcome Kathryn, an experienced
banking and lending executive to BMT. She is great addition to our
senior banking team,” said Kevin Tylus. “Her expertise in employee
development; customer segmentation and support; process
improvement; relationship development; and credit and portfolio
management will be a real asset as we continue to strategically
grow our organization.”
Ms. Bittner joined BMT from M&T where she
spent fifteen years and oversaw their Greater Philadelphia Business
Banking Group and previously led the Sales Strategy and Support
teams for the business banking division. Prior to this, she
held positions of increasing responsibility in retail and
commercial banking through her time at Mellon and Citizens
Bank. Kathryn is a graduate of The University of South
Florida with a bachelor’s degree in finance and received her MBA
from Saint Francis University.
Bryn Mawr Bank Corporation (NASDAQ: BMTC),
including its principal subsidiary, The Bryn Mawr Trust Company
(BMT), was founded in 1889, and is headquartered in Bryn Mawr,
Pa. BMT is a locally managed, premier financial services
company providing retail and commercial banking; trust
administration and wealth management; and insurance and risk
management solutions. Bryn Mawr Bank Corporation has $4.6 billion
in corporate assets and $14.7 billion in wealth assets under
management, administration, supervision, and brokerage (as of
3/31/19). Today, the company operates 43 banking locations,
five (5) wealth management offices and two (2) insurance and risk
management locations in the following counties: Montgomery,
Chester, Delaware, Philadelphia, and Dauphin Counties in
Pennsylvania; New Castle County in Delaware; and Mercer and Camden
Counties in New Jersey. For more information, visit bmt.com.
FORWARD-LOOKING STATEMENTS AND SAFE
HARBOR This press release contains statements which, to
the extent that they are not recitations of historical fact may
constitute forward-looking statements for purposes of the
Securities Act of 1933, as amended, and the Securities Exchange Act
of 1934, as amended. Such forward-looking statements may include
financial and other projections as well as statements regarding the
Corporation’s future plans, objectives, performance, revenues,
growth, profits, operating expenses or the Corporation’s underlying
assumptions. The words “may,” “would,” “should,” “could,” “will,”
“likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,”
“target,” “potentially,” “probably,” “outlook,” “predict,”
“contemplate,” “continue,” “plan,” “forecast,” “project,” “are
optimistic,” “are looking,” “are looking forward” and “believe” or
other similar words and phrases may identify forward-looking
statements. Persons reading this press release are cautioned that
such statements are only predictions, and that the Corporation’s
actual future results or performance may be materially
different.
Such forward-looking statements involve known
and unknown risks and uncertainties. A number of factors, many of
which are beyond the Corporation’s control, could cause our actual
results, events or developments, or industry results, to be
materially different from any future results, events or
developments expressed, implied or anticipated by such
forward-looking statements, and so our business and financial
condition and results of operations could be materially and
adversely affected. Such factors include, among others, our need
for capital, our ability to control operating costs and expenses,
and to manage loan and lease delinquency rates; the credit risks of
lending activities and overall quality of the composition of our
loan, lease and securities portfolio; the impact of economic
conditions, consumer and business spending habits, and real estate
market conditions on our business and in our market area; changes
in the levels of general interest rates, deposit interest rates, or
net interest margin and funding sources; changes in banking
regulations and policies and the possibility that any banking
agency approvals we might require for certain activities will not
be obtained in a timely manner or at all or will be conditioned in
a manner that would impair our ability to implement our business
plans; changes in accounting policies and practices; litigation;
cybersecurity events, the inability of key third-party providers to
perform their obligations to us; our ability to attract and retain
key personnel; competition in our marketplace; war or terrorist
activities; our ability to complete anticipated acquisitions and
any material differences in the actual financial results, cost
savings and revenue enhancements associated with our acquisitions;
and other factors as described in our securities filings. All
forward-looking statements and information set forth herein are
based on Management’s current beliefs and assumptions as of the
date hereof and speak only as of the date they are made. The
Corporation does not undertake to update forward-looking
statements.
For a complete discussion of the assumptions,
risks and uncertainties related to our business, you are encouraged
to review our filings with the Securities and Exchange Commission,
including our most recent Annual Report on Form 10-K, as well as
any changes in risk factors that we may identify in our quarterly
or other reports subsequently filed with the SEC.
FOR MORE INFORMATION:F. Kevin
Tylus, President, BMT Banking 609.524.3490
Tina McDonaldSenior Vice President,
Marketing610.581.4875
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b6ebc854-8ca3-4ced-a8ec-f186fea9df27
Bryn Mawr Bank (NASDAQ:BMTC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bryn Mawr Bank (NASDAQ:BMTC)
Historical Stock Chart
From Apr 2023 to Apr 2024