Bryn Mawr Bank Corporation Announces Date of Fourth Quarter 2019 Financial Results
January 06 2020 - 5:00PM
Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”),
parent of The Bryn Mawr Trust Company (“BMT”), expects to report
fourth quarter 2019 financial results after markets close on
Thursday, January 16, 2020.
About Bryn Mawr Bank Corporation
Bryn Mawr Bank Corporation, 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 $4.8 billion
in corporate assets and $15.6 billion in wealth assets under
management, administration, supervision, and brokerage (as of
9/30/19). Today, the company operates 43 banking locations, seven
(7) 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,” “indicate,”
“estimate,” “target,” “potentially,” “promising,” “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;
unanticipated regulatory or legal proceedings, outcomes of
litigation or other contingencies; 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; 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 updated by our
quarterly or other reports subsequently filed with the
SEC.
FOR MORE
INFORMATION |
Frank Leto, President,
CEO |
610-581-4730 |
|
Mike Harrington, CFO |
610-526-2466 |
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