March 27, 2024

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Bryn Mawr Bank Company Announces Date of Fourth Quarter 2020 Economical Benefits and Earnings Simply call

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BRYN MAWR, Pa., Jan. 11, 2021 (Globe NEWSWIRE) — Bryn Mawr Lender Corporation (NASDAQ: BMTC) (the “Corporation”), father or mother of The Bryn Mawr Have confidence in Business, expects to report fourth quarter 2020 money outcomes just after marketplaces shut on Thursday, January 21, 2021.

The Corporation will keep a fourth quarter 2020 earnings convention simply call at 8:30 a.m. Eastern Time on Friday, January 22, 2021. Interested events may take part by contacting 1-888-317-6016. A taped replay of the meeting connect with will be accessible just one hour just after the conclusion of the get in touch with and will stay readily available by 9:00 a.m. Japanese Time on Monday, February 22, 2021. This recording may well be received by contacting 1-877-344-7529, referring to meeting amount 10151203.

The Corporation will concurrently broadcast the earnings convention phone are living over the Internet by means of a webcast on the trader relations part of the Corporation’s web page. To access the connect with via the Net, remember to visit the web page at https://solutions.choruscall.com/links/bmtc210122.html. An on the net archive of the webcast will be offered in just one hour of the conclusion of the earnings meeting phone. Inside 24 hrs soon after the conclusion of the earnings conference simply call, an online transcript will be accessible at the subsequent web page: https://www.bmt.com/investors/presentations/.

The Corporation’s determination to keep an earnings convention phone for the fourth quarter of 2020 is not indicative of the Corporation’s upcoming ideas with regard to earnings convention calls, and selections about whether to proceed keeping earnings conference calls will be designed at a long run date.

About Bryn Mawr Lender Company&#13

Bryn Mawr Bank Corporation (the “Corporation”) (NASDAQ: BMTC), is the holding enterprise for The Bryn Mawr Rely on Business which was started in 1889, and is headquartered in Bryn Mawr, Pa. BMT is a locally managed, premier economical expert services company furnishing retail and business banking trust administration and prosperity management and insurance and danger administration remedies. Bryn Mawr Financial institution Corporation has $5.05 billion in company belongings and $17.24 billion in prosperity property below administration, administration, supervision, and brokerage (as of 9/30/2020). The business operates 41 banking places, 7 wealth administration workplaces and 2 insurance and danger administration spots in the next counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania New Castle County in Delaware and Mercer and Camden Counties in New Jersey. For much more details, take a look at bmt.com.

Ahead Hunting STATEMENTS AND Harmless HARBOR

This interaction includes statements which, to the extent that they are not recitations of historical point may possibly represent ahead-seeking statements for functions of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. These forward-searching statements may perhaps involve money and other projections as nicely as statements pertaining to the Corporation’s upcoming options, goals, efficiency, revenues, development, revenue, operating bills or the Corporation’s underlying assumptions. The words and phrases “may,” “would,” “should,” “could,” “will,” “likely,” “possibly,” “expect,” “anticipate,” “intend,” “indicate,” “estimate,” “target,” “potentially,” “promising,” “probably,” “outlook,” “predict,” “contemplate,” “continue,” “plan,” “strategy,” “forecast,” “project,” “are optimistic,” “are on the lookout,” “are on the lookout forward” and “believe” or other similar words and phrases might recognize forward-hunting statements. Individuals examining this conversation are cautioned that this sort of statements are only predictions, and that the Corporation’s actual potential success or functionality could be materially unique.

Such ahead-on the lookout statements include known and not known challenges and uncertainties. A selection of things, many of which are over and above the Corporation’s control, could lead to our genuine benefits, occasions or developments, or sector effects, to be materially distinctive from any future success, functions or developments expressed, implied or anticipated by these kinds of ahead-hunting statements, and so our business and money issue and results of operations could be materially and adversely affected. The COVID-19 pandemic (the “Pandemic”) is adversely affecting us, our purchasers, counterparties, workers, and third-party provider suppliers, and the best extent of the impacts on our enterprise, money posture, outcomes of functions, liquidity, and potential clients is unsure. Continued deterioration in normal business enterprise and economic ailments, which includes further more increases in unemployment premiums, or turbulence in domestic or worldwide financial marketplaces could adversely impact our revenues and the values of our property and liabilities, minimize the availability of funding, guide to a tightening of credit, and even more boost stock selling price volatility. In addition, changes to statutes, restrictions, or regulatory policies or methods as a consequence of, or in response to the Pandemic, could influence us in significant and unpredictable methods. Other components contain, amid others, our have to have for capital, our potential to regulate operating costs and bills, and to handle financial loan and lease delinquency premiums the credit score hazards of lending activities and over-all good quality of the composition of our personal loan, lease and securities portfolio the effects of economic ailments, shopper and organization shelling out behaviors, and serious estate market situations on our enterprise and in our current market area variations in the stages of normal curiosity premiums, deposit fascination premiums, or internet fascination margin and funding sources adjustments in banking rules and procedures and the likelihood that any banking company approvals we may call for for specified activities will not be acquired in a timely manner or at all or will be conditioned in a way that would impair our skill to apply our enterprise programs adjustments in accounting procedures and methods or accounting standards, like ASU 2016-13 (Topic 326), “Measurement of Credit history Losses on Economical Devices,” usually referenced as the Existing Envisioned Credit rating Reduction product, which has altered how we estimate credit history losses and might end result in further increases in the needed level of our allowance for credit score losses unanticipated regulatory or authorized proceedings, results of litigation or other contingencies cybersecurity situations the incapacity of key 3rd-celebration suppliers to execute their obligations to us our ability to bring in and retain key staff levels of competition in our market war or terrorist actions product variations in the genuine monetary effects, cost discounts and income enhancements connected with our acquisitions uncertainty with regards to the future of LIBOR the influence of community well being concerns and pandemics, and their results on the financial and organization environments in which we run, the outcome of the Pandemic, including on our credit rating excellent and company functions, as very well as its impact on general financial and money market problems and other variables as explained in our securities filings with the U.S. Securities and Trade Commission (“SEC”). All ahead-seeking statements and data set forth herein are based on Company management’s present beliefs and assumptions as of the day hereof and discuss only as of the date they are built. The Company does not undertake to update ahead-on the lookout statements.

For a finish dialogue of the assumptions, risks and uncertainties related to our small business, you are encouraged to critique our filings with the SEC, which include our most recent Yearly Report on Form 10-K, as current by our quarterly or other reviews subsequently filed with the SEC, like our most current Quarterly Report on Type 10-Q.&#13

FOR Far more Information

Frank Leto, President, CEO
610-581-4730
Mike Harrington, CFO
610-526-2466


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