Back to top

Image: Bigstock

Is Bryn Mawr Bank (BMTC) Stock Outpacing Its Finance Peers This Year?

Read MoreHide Full Article

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Bryn Mawr Bank one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.

Bryn Mawr Bank is one of 824 companies in the Finance group. The Finance group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. BMTC is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BMTC's full-year earnings has moved 0.92% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BMTC has returned 10.41% so far this year. At the same time, Finance stocks have lost an average of 0.92%. This shows that Bryn Mawr Bank is outperforming its peers so far this year.

Looking more specifically, BMTC belongs to the Banks - Northeast industry, which includes 54 individual stocks and currently sits at #75 in the Zacks Industry Rank. This group has gained an average of 6.74% so far this year, so BMTC is performing better in this area.

Going forward, investors interested in Finance stocks should continue to pay close attention to BMTC as it looks to continue its solid performance.