M&T Bank Corporation (MTB) came out with quarterly earnings of $4.08 per share, beating the Zacks Consensus Estimate of $3.60 per share. This compares to earnings of $4.05 per share a year ago.
M&T Bank Corporation MTB will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 17.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for M&T Bank (MTB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
MTB's third-quarter earnings are likely to have been supported by decent loan demand and fee income growth. High costs are a spoilsport.
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.
MTB stock soars 22.5% in the past six months. Let's explore the key drivers behind this rally and assess if the stock has the potential for further growth.
M&T Bank Corp. was downgraded to underweight from equal-weight at Wells Fargo on Thursday as one analyst said the regional-banking giant faces potential downside from its exposure to lower interest rates and competition from larger players in mid-tier cities.
M&T Bank shares surged after solid Q2 earnings, as it saw surprising recoveries on delinquent trends. Recent credit trends are encouraging, with meaningful improvement in credit quality, though reserves do appear somewhat light. M&T reported a clean net interest income quarter, with ongoing loan growth and NIM accretion, but deposit growth is muted.
M&T Bank Corporation MTB reported better-than-expected second-quarter financial results on Thursday.
M&T Bank (MTB) shares finished Thursday higher after the bank beat expectations with its second-quarter results.
M&T Bank's (MTB) second-quarter 2024 results are aided by an increase in loan and deposit balance. A decline in NII on high funding costs was spoilsport.
Although the revenue and EPS for M&T Bank (MTB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.