M&T Bank Corporation (MTB) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.50 per share. This compares to earnings of $5.12 per share a year ago.
Decent growth in commercial and industrial loans as well as improved lending scenario are likely to support M&T Bank's (MTB) Q2 performance.
M&T Bank (MTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Individual preferred securities have delivered significant total returns over the past year. Amidst elevated interest rates, quality companies are offering new high-coupon preferreds and bonds. M&T Bank Corporation's latest issue is one such high-quality opportunity. As an income investor, we are delighted by these opportunities and are buying M&T Bank Corporation shares before the Fed makes a policy change.
M&T Bank's (MTB) division, M&T Realty Capital's collaboration with BXMT, enables the latter's borrowers' expanded access to multifamily agency financing.
M&T Bank (MTB) is gaining from an increase in loans and deposits balance, while its escalated expense base continues to be a concern.
M&T Bank (MTB) announces a quarterly dividend hike of 4%. Given its strong liquidity position, the bank's capital distribution activities seem sustainable in the long run.
M&T Bank (MTB) is integrating a continuous credit monitoring solution by nCino to strengthen its capabilities in order to manage credit risk better.