| MTB Metals to Focus on its Telegraph Copper-Gold Porphyry and Sell Certain Non-Core Assets |
MTB to sell interests in four non-core exploration projects, preserving upside by retaining royalty interests. Strengthened balance sheet will help advance its Telegraph copper-gold porphyry project. |
newsfilecorp.com |
2025-05-15 12:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (MTB) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-05-14 16:50:49 |
Czytaj oryginał (ang.) |
| Top 10 High-Yield Dividend Stocks To Consider In May 2025 |
Q2 2025 began with market volatility due to tariff announcements, resulting in SPY losing 0.87% and VYM declining by 3.54%. Since inception, my watchlist has a CAGR of 14.61%, outperforming SPY and VYM, and providing higher yields. The May 2025 watchlist includes 10 stocks with an average forward dividend yield of 3.59% and an expected return of 14.78%. |
seekingalpha.com |
2025-05-02 02:23:43 |
Czytaj oryginał (ang.) |
| U.S. Banks' Credit Outlooks Show Signs Of Deterioration In Q1 Earnings Reports |
US banks' credit quality outlooks dimmed in first quarter earnings calls after President Donald Trump's tariffs on US trading partners drove market volatility and greater economic uncertainty. Several US banks increased their credit loss reserves during the first quarter as rising economic uncertainty and increasing recession odds coincided with softening credit quality at some companies. Simmons First National Corp. increased its allowance for credit losses by 10 basis points during the quarter, according to a company filing. |
seekingalpha.com |
2025-05-01 12:05:00 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-04-28 16:50:55 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation to Participate in the Barclays Americas Select Franchise Conference |
BUFFALO, N.Y. , April 22, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) will participate in the Barclays Americas Select Franchise Conference being held in London. |
prnewswire.com |
2025-04-22 21:37:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces Quarterly Preferred Stock Dividends |
BUFFALO, N.Y. , April 15, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock: A dividend of $0.3515625 per share on its Perpetual Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series H ("Series H Preferred Stock"), payable June 16, 2025 to shareholders of record at the close of business on June 2, 2025. |
prnewswire.com |
2025-04-15 23:01:00 |
Czytaj oryginał (ang.) |
| M&T Bank: First Signs Of Some Weakening In Regional Banks |
M&T Bank Corporation's Q1 earnings missed expectations with net income of $584 million, or $3.32 per share, and a decline in key metrics like deposits and loans. Net interest income and non-interest income both fell from Q4, with total deposits dropping to $161.2 billion and total loans slightly down to $134.8 billion. Asset quality improved with lower provisions for credit losses and reduced non-accrual loans, but efficiency and return metrics softened, leading to a trimmed 2025 outlook. |
seekingalpha.com |
2025-04-14 20:15:34 |
Czytaj oryginał (ang.) |
| M&T Bank: An Interesting Income Play Following Its Q1 2025 Earnings |
M&T Bank Corporation's Q1 2025 earnings show mixed performance, but its strong dividend history and attractive valuation make it appealing for income-oriented investors. The bank's diversified business model and proactive management of deposit costs have helped maintain a high net interest margin despite lower rates. M&T Bank's capital return policy is aggressive, with significant share buybacks and a sustainable dividend yield of 3.45%, appealing to income investors. |
seekingalpha.com |
2025-04-14 18:52:33 |
Czytaj oryginał (ang.) |
| Crude Oil Moves Lower; M&T Bank Earnings Miss Views |
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining more than 150 points on Monday. |
benzinga.com |
2025-04-14 16:37:50 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (MTB) Q1 2025 Earnings Call Transcript |
M&T Bank Corporation (NYSE:MTB ) Q1 2025 Earnings Conference Call April 14, 2025 8:00 AM ET Company Participants Steve Wendelboe - Senior Vice President, Investor Relations Daryl Bible - Senior Executive Vice President & CFO Conference Call Participants Ken Houston - Autonomous Research Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC Matt O'Connor - Deutsche Bank Manan Gosalia - Morgan Stanley John Pancari - Evercore Christopher Spahr - Wells Fargo Peter Winter - D.A. Davidson Erika Najarian - UBS Operator Welcome to the M&T Bank First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-04-14 15:41:52 |
Czytaj oryginał (ang.) |
| M&T Bank Q1 Earnings Miss Estimates on Rise in Non-Interest Expenses |
MTB's first-quarter 2025 results were affected by a rise in non-interest expenses. An increase in NII and fee income offered support. |
zacks.com |
2025-04-14 14:50:44 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (MTB) Q1 Earnings and Revenues Lag Estimates |
M&T Bank Corporation (MTB) came out with quarterly earnings of $3.38 per share, missing the Zacks Consensus Estimate of $3.41 per share. This compares to earnings of $3.09 per share a year ago. |
zacks.com |
2025-04-14 12:10:34 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (NYSE:MTB) announces first quarter 2025 results |
BUFFALO, N.Y. , April 14, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $584 million or $3.32 of diluted earnings per common share. |
prnewswire.com |
2025-04-14 10:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts |
M&T Bank Corporation MTB will release earnings results for the first quarter, before the opening bell on Monday, April 14. |
benzinga.com |
2025-04-14 06:50:52 |
Czytaj oryginał (ang.) |
| Regional bank reporting will be better reflection of economic uncertainty: RBC's Gerard Cassidy |
Gerard Cassidy, RBC Capital Markets Managing Director, joins 'Closing Bell Overtime' to talk quarterly banking results. |
youtube.com |
2025-04-11 21:49:46 |
Czytaj oryginał (ang.) |
| Why M&T Bank Corporation (MTB) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-04-11 16:50:45 |
Czytaj oryginał (ang.) |
| Unveiling M&T Bank (MTB) Q1 Outlook: Wall Street Estimates for Key Metrics |
Besides Wall Street's top -and-bottom-line estimates for M&T Bank (MTB), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2025. |
zacks.com |
2025-04-09 14:15:44 |
Czytaj oryginał (ang.) |
| Rise in Expenses & Lower NII to Hurt M&T Bank Q1 Earnings |
MTB's first quarter 2025 results are likely to have been affected by rising expenses, a decline in loan demand, and lower NII. |
zacks.com |
2025-04-08 16:55:33 |
Czytaj oryginał (ang.) |
| M&T Bank Recognized for Its Commitment to Serving Small-Business and Middle-Market Customers |
Latest Crisil Coalition Greenwich study highlights bank's strong relationships with small and mid-size employers BUFFALO, N.Y. , Feb. 26, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) has been recognized by Crisil Coalition Greenwich as a top bank for its commitment to serving small-business and middle-market customers. |
prnewswire.com |
2025-02-26 12:03:00 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-02-20 14:51:25 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces First Quarter Common Stock Dividend |
BUFFALO, N.Y. , Feb. 19, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. |
prnewswire.com |
2025-02-19 19:59:00 |
Czytaj oryginał (ang.) |
| Wilmington Trust & AccessFintech Streamline Private Credit Lifecycle Management |
LONDON and NEW YORK, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Wilmington Trust and AccessFintech have announced a new collaboration that automates and streamlines loan lifecycle management using the Synergy platform. This effort drives real-time data transparency and collaboration, significantly reducing discrepancies and resolution times among various organizations across the loan market. |
globenewswire.com |
2025-02-12 09:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation to Participate in the RBC Financial Institutions Conference |
BUFFALO, N.Y. , Feb. 6, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the RBC Financial Institutions Conference being held in New York City. |
prnewswire.com |
2025-02-06 18:01:00 |
Czytaj oryginał (ang.) |
| Why M&T Bank Corporation (MTB) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-02-03 14:45:37 |
Czytaj oryginał (ang.) |
| A Quest That Has Translated Into New Investments |
Focus on companies with proven business models, strong management, and potential for long-term market share growth in large industries. M&T Bank, Ashtead Group, Installed Building Products, Fiserv, Ferguson, Kinsale Capital Group, Align Technologies, and Medpace Holdings are highlighted investments. Emphasis on conservative financial practices, market dominance, and strategic capital deployment to drive future growth and shareholder value. |
seekingalpha.com |
2025-01-30 01:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Appoints Neeraj Singh as New Chief Risk Officer |
Mike Todaro, M&T's Current Chief Risk Officer, to Retire in Q1 2025 BUFFALO, N.Y. , Jan. 27, 2025 /PRNewswire/ -- M&T Bank (NYSE:MTB) is pleased to announce the appointment of Neeraj Singh as the bank's next Chief Risk Officer (CRO) effective January 31, 2025. |
prnewswire.com |
2025-01-27 10:30:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces Common Stock Repurchase Program |
BUFFALO, N.Y. , Jan. 22, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that its Board of Directors authorized a share repurchase program to repurchase up to $4.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions. |
prnewswire.com |
2025-01-22 18:19:00 |
Czytaj oryginał (ang.) |
| The 3 Best Bank Stocks to Buy for 2025 |
Investors received a big boost on January 15 with a December, 2024 Consumer Price Index report showing core inflation rose less than expected. This reassured Wall Street the Federal Reserve could continue to lower interest rates in 2025. |
benzinga.com |
2025-01-17 16:27:23 |
Czytaj oryginał (ang.) |
| Why M&T Bank Corporation (MTB) is a Top Dividend Stock for Your Portfolio |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank Corporation (MTB) have what it takes? |
zacks.com |
2025-01-17 14:45:21 |
Czytaj oryginał (ang.) |
| M&T Bank Q4 Earnings Beat Estimates on Fee Income Growth, Stock Up |
Strong fee income, higher loan balances, along with lower expenses, support MTB's Q4 earnings. Yet, a decline in deposit balance remains a near-term concern. |
zacks.com |
2025-01-16 13:56:08 |
Czytaj oryginał (ang.) |
| M&T Bank: Continuing Market Perform Rating, Stick With It |
M&T Bank: Continuing Market Perform Rating, Stick With It |
seekingalpha.com |
2025-01-16 13:46:16 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (MTB) Q4 2024 Earnings Call Transcript |
M&T Bank Corporation (NYSE:MTB ) Q4 2024 Results Conference Call January 16, 2025 8:00 AM ET Company Participants Brian Klock - Head, Markets & IR Daryl Bible - Senior Executive Vice President & CFO Conference Call Participants Manan Gosalia - Morgan Stanley Bill Carcache - Wolfe Research Ebrahim Poonawala - Bank of America Gerard Cassidy - RBC John Pancari - Evercore Peter Winter - D.A. Davidson Frank Schiraldi - Piper Sandler Erika Najarian - UBS Christopher Spahr - Wells Fargo Matt O'Connor - Deutsche Bank Operator Welcome to the M&T Bank Fourth Quarter and Full Year 2024 Earnings Conference Call. |
seekingalpha.com |
2025-01-16 13:41:03 |
Czytaj oryginał (ang.) |
| Here's What Key Metrics Tell Us About M&T Bank (MTB) Q4 Earnings |
The headline numbers for M&T Bank (MTB) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-01-16 12:30:34 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (MTB) Beats Q4 Earnings and Revenue Estimates |
M&T Bank Corporation (MTB) came out with quarterly earnings of $3.92 per share, beating the Zacks Consensus Estimate of $3.70 per share. This compares to earnings of $2.81 per share a year ago. |
zacks.com |
2025-01-16 10:08:17 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation (NYSE:MTB) announces fourth quarter 2024 results |
BUFFALO, N.Y. , Jan. 16, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $681 million or $3.86 of diluted earnings per common share and full-year net income of $2.59 billion or $14.64 of diluted earnings per common share. |
prnewswire.com |
2025-01-16 07:30:00 |
Czytaj oryginał (ang.) |
| M&T Bank Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call |
M&T Bank Corporation MTB will release earnings results for its fourth quarter, before the opening bell on Thursday, Jan. 16, 2025. |
benzinga.com |
2025-01-13 14:41:31 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-01-13 12:55:38 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-01-13 12:16:12 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2025-01-03 15:16:26 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2025-01-03 11:59:41 |
Czytaj oryginał (ang.) |
| S&P 500 Banks Perform Well in 2024: 5 Stocks Worth Considering |
Bank stocks like GS, BK, WFC, JPM and MTB soar in 2024, driven by Fed rate cuts, booming M&A activity and economic optimism. |
zacks.com |
2024-12-30 14:56:12 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces Fourth Quarter and Full-Year 2024 Earnings Release and Conference Call |
BUFFALO, N.Y. , Dec. 19, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its fourth quarter and full-year 2024 earnings results in a press release that will be issued before the market opens on Thursday, January 16, 2025. |
prnewswire.com |
2024-12-19 10:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Decreases Prime Rate |
BUFFALO, N.Y. , Dec. 18, 2024 /PRNewswire/ -- Effective Thursday, December 19, 2024, M&T Bank Corporation ("M&T") (NYSE:MTB) will decrease its prime lending rate from 7.75% to 7.50%. |
prnewswire.com |
2024-12-18 17:27:00 |
Czytaj oryginał (ang.) |
| M&T Bank Names Shannon Lazare as New Jersey Regional President |
Seasoned Banker to Lead M&T Bank in New Jersey BUFFALO, N.Y. , Dec. 5, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) ("M&T") today announced the appointment of Shannon Lazare as its New Jersey Regional President. |
prnewswire.com |
2024-12-05 14:03:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces Conference Call Dates to Review Quarterly 2026 Earnings and Revised Dates to Review 2025 Earnings |
BUFFALO, N.Y. , Nov. 21, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced today that it plans to host conference calls to review 2026 quarterly financial results on the following dates: First quarter 2026 – Wednesday, April 15, 2026, at 8:00 a.m. |
prnewswire.com |
2024-11-21 19:50:00 |
Czytaj oryginał (ang.) |
| Clara Capital Announces New Treasury Banking Relationship With M&T Bank Corporation |
SYOSSET, N.Y.--(BUSINESS WIRE)--Clara Capital Servicing LLC (“Clara Capital”), a leading provider of innovative financial lending solutions for small- and medium-sized businesses, is excited to announce the successful transition of its treasury banking platform to M&T Bank (“M&T”) (NYSE:MTB). M&T is known for its exceptional service, innovative financial products, and commitment to the customers and communities it serves. Recently, Clara Capital secured a $20 million line of credit. |
businesswire.com |
2024-11-20 14:53:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend |
BUFFALO, N.Y. , Nov. 19, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. |
prnewswire.com |
2024-11-19 19:18:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation to Participate in the Goldman Sachs Financial Services Conference |
BUFFALO, N.Y. , Nov. 18, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Goldman Sachs Financial Services Conference being held in New York City. |
prnewswire.com |
2024-11-18 10:00:00 |
Czytaj oryginał (ang.) |
| M&T Bank Decreases Prime Rate |
BUFFALO, N.Y. , Nov. 7, 2024 /PRNewswire/ -- Effective Friday, November 8, 2024, M&T Bank Corporation ("M&T") (NYSE: MTB) will decrease its prime lending rate from 8.00% to 7.75%. |
prnewswire.com |
2024-11-07 17:56:00 |
Czytaj oryginał (ang.) |
| M&T Bank Corporation to Participate in the BancAnalysts Association of Boston Conference |
BUFFALO, N.Y. , Oct. 25, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) will participate in the BancAnalysts Association of Boston Conference being held in Boston, MA. |
prnewswire.com |
2024-10-25 19:21:00 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-22 17:06:22 |
Czytaj oryginał (ang.) |
| 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. |
benzinga.com |
2024-10-18 16:14:02 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-17 21:24:51 |
Czytaj oryginał (ang.) |
| Life Time Announces Prize Purses For The 2025 Editions Of UNBOUND Gravel 200, Leadville Trail 100 MTB and Big Sugar Gravel |
2025 Grand Prix prize purse and scoring system unveiled for new best-five-of-six format CHANHASSEN, Minn. , Oct. 17, 2024 /PRNewswire/ -- Following last week's 2025 race lineup announcement, Life Time, (NYSE: LTH), the nation's premier healthy lifestyle brand and athletic event producer, has unveiled a record prize purse encompassing the Life Time Grand Prix plus three new total awards for individual races. |
prnewswire.com |
2024-10-17 20:57:00 |
Czytaj oryginał (ang.) |
| Regional Banks Report Credit Quality Remained Strong in Q3 |
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Commerce Bancshares, Huntington Bancshares, M&T Bank and S&T Bancorp reported their third-quarter results Thursday. |
pymnts.com |
2024-10-17 15:52:10 |
Czytaj oryginał (ang.) |
| 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. |
zacks.com |
2024-10-17 15:30:48 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-17 15:28:10 |
Czytaj oryginał (ang.) |
| 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. |
seekingalpha.com |
2024-10-17 15:19:31 |
Czytaj oryginał (ang.) |