High Costs to Hurt M&T Bank's Q4 Earnings, Rise in NII & Loans to Aid
MTB's fourth-quarter 2024 earnings are likely to have been hurt by rising costs. A rise in NII and loan balances is likely to have acted as a tailwind.
Gear Up for M&T Bank (MTB) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for M&T Bank (MTB), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
M&T Bank Corporation (MTB) Reports Next Week: Wall Street Expects Earnings Growth
M&T Bank (MTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will M&T Bank (MTB) Beat Estimates Again in Its Next Earnings Report?
M&T Bank (MTB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
M&T Bank: Dividend Growth At A Good Price
M&T Bank Corporation, founded in 1856, offers diversified banking and financial services primarily in the Northeast and Mid-Atlantic regions. The bank's loan portfolio, mainly consisting of C&I loans, reflects a disciplined approach to underwriting. Though the performance may be underwhelming, the dividend profile and the valuation establish a bullish case for MTB.
What Makes M&T Bank Corporation (MTB) a Strong Momentum Stock: Buy Now?
Does M&T Bank Corporation (MTB) have what it takes to be a top stock pick for momentum investors? Let's find out.
M&T Bank Analysts Boost Their Forecasts After Upbeat Earnings
M&T Bank Corporation MTB reported better-than-expected third-quarter financial results on Thursday.
M&T Bank: Powering Higher On Strong Results
M&T Bank Corporation has reported strong Q3 earnings, with EPS beating expectations due to lower credit loss provisions and modest expenses. Despite minimal growth in loans and a slight dip in deposits, the net interest margin improved to 3.62%, indicating stable future margins with orderly rate cuts. Asset quality has improved, with lower loan charge-offs and nonaccrual loans down 18% year-over-year, reflecting better borrower performance.
M&T Bank Q3 Earnings Surpass Estimates on Y/Y Rise in Fee Income
MTB's third-quarter 2024 results benefit from increased non-interest income and loans. A decline in NII acts as a spoilsport.
M&T Bank Corporation (MTB) Q3 2024 Earnings Call Transcript
M&T Bank Corporation (NYSE:MTB ) Q3 2024 Earnings Conference Call October 17, 2024 8:00 AM ET Company Participants Brian Klock - Head, Markets & IR Daryl Bible - Senior Executive Vice President & CFO Conference Call Participants Gerard Cassidy - RBC Ebrahim Poonawala - Bank of America Manan Gosalia - Morgan Stanley Chris Spahr - Wells Fargo Dave Rochester - Compass Point Frank Schiraldi - Piper Sandler John Pancari - Evercore ISI Nathan Stein - Deutsche Bank Zach Westerlind - UBS Operator Welcome to the M&T Bank Third Quarter 2024 Earnings Conference Call. All lines have been placed on listen-only mode and the floor will be open for your questions following the presentation.
M&T Bank: Improved Credit Quality Highlights A Strong Q3
M&T Bank Corporation shares have surged over 50% in the past year, with a 4% gain following strong quarterly earnings, and I maintain a “hold” rating. The bank's net interest income rose to $1.74 billion, aided by an extra calendar day, and the net interest margin expanded to 3.62% due to fixed reinvestment. Despite a decline in average deposits, end-of-period deposits grew by $4 billion, indicating improved deposit momentum towards the quarter's end, though Q4 guidance was conservative.
Compared to Estimates, M&T Bank (MTB) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for M&T Bank (MTB) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
