Rising revenue from wealth management services helped drive Bryn Mawr Bank Corp. to record earnings in 2012, the Pennsylvania-based community bank announced Thursday.
In the fourth quarter of 2012, the Wealth Management Division of its subsidiary Bryn Mawr Trust generated $8.4 million in revenue, up 32.7% from a year earlier and up 4.7% from the previous quarter. For the year, revenue from wealth management services totaled $29.8 million, a 37.5% increase from the $21.7 million generated in 2011.
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