BUFFALO, N.Y., Oct. 17, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $721 million or $4.02 of diluted earnings per common share. | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|----------|-----------|-------|----------|-----------|---------|-----------| | | | | | | | | | | | (Dollars in millions, except per share data) Earnings Highlights | | | 3Q24 | | 2Q24 | | 3Q23 | ...

M&T Bank Corporation MTB will release earnings results for its third quarter, before the opening bell on Thursday, Oct. 17. Read This Next: Analysts expect the Buffalo, New York-based company to report quarterly earnings at $3.64 per share, down from $3.98 per share in the year-ago period. M&T Bank projects to report revenue of $2.32 billion for the quarter, compared to $2.32 billion a year earlier, according to data from Benzinga Pro. On Wednesday, M&T Bank announced quarterly preferred stock dividends. M& ...

Bank continues to lead small-business lending throughout its footprint BUFFALO, N.Y., Oct. 16, 2024 /PRNewswire/ -- M&T Bank (NYSE:MTB) approved 1,832 7(a) program U.S. Small Business Administration (SBA) loans in the past year and finished the SBA's 2024 fiscal year as the 10thlargest lender in the country. This marked the 16th consecutive year M&T Bank has ranked among the nation's top 10 SBA lenders. M&T Bank approved 1,832 SBA 7(a) loans for a total of $207.8 million in fiscal year 2024, which ended Sep ...

Analysts on Wall Street project that M&T Bank Corporation (MTB) will announce quarterly earnings of $3.60 per share in its forthcoming report, representing a decline of 11.1% year over year. Revenues are projected to reach $2.3 billion, declining 1.4% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during thi ...

M&T Bank Corporation (MTB) is slated to report third-quarter 2024 results on Oct. 17, before the opening bell. The company is expected to have registered year-over-year declines in quarterly revenues and earnings. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, M&T Bank's results benefited from a rise in loans and leases and higher deposits. A decline in net interest income (NII), non-interest income and higher expenses were headwinds. Quarterly earnin ...

Wall Street expects a year-over-year decline in earnings on lower revenues when M&T Bank Corporation (MTB) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 17, 2024, might help the stock move higher if these key numbers are bett ...

Initiative designed to advance financial inclusion and prosperity throughout New England, Long Island and New York's Westchester County BUFFALO, N.Y., Oct. 3, 2024 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today launched the third phase of its Amplify Fund. The Amplify Fund provides support to non-profit initiatives in legacy People's United Bank communities benefitting low- and moderateincome communities and underrepresented populations. This new request ...

M&T Bank Corporation (MTB) shares have gained 22.5% in the past six months, outperforming the industry's growth of 6.5%. The stock has also outperformed its close peers like Bank of America Corporation (BAC) and Comerica Incorporated (CMA) in the same time frame. Six-Month Price Performance Image Source: Zacks Investment Research After a strong rally, investors are now faced with a critical question: Is it the right time to buy MTB stock, or should they wait for a more favorable entry point? Let's explore t ...

BUFFALO, N.Y., Sept. 18, 2024 /PRNewswire/ -- Effective Thursday, September 19, 2024, M&T Bank Corporation ("M&T") (NYSE:MTB) will decrease its prime lending rate from 8.50% to 8.00%. About M&T (www.mtb.com) M&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, Manufacturers and Traders Trust Company ("M&T Bank"), provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related serv ...

BUFFALO, N.Y., Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the market opens on Thursday, October 17, 2024. Following the release, M&T will conduct a conference call and webcast at 8:00 a.m. (ET) to discuss the earnings results. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the cal ...