One M&T Plaza, Buffalo, NY 14203 January 16, 2025 M&T Bank Corporation (NYSE:MTB) announces fourth quarter 2024 results 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. | (Dollars in millions, except per share data) | | 4Q24 | | 3Q24 | | 4Q23 | | 2024 | | 2023 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | E ...

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. (Dollars in millions, except per share data) 4Q24 3Q24 4Q23 2024 2023 Earnings Highlights Net interest income $        1,728 $        1,726 $        1,722 $        6,852 $        7,115 Taxable-equivalent a ...

Group 1 - M&T Bank Corporation is set to release its fourth-quarter earnings results on January 16, 2025, with analysts expecting earnings of $3.74 per share, an increase from $3.60 per share in the same period last year [1] - The projected revenue for the recent quarter is $2.34 billion, compared to $2.3 billion a year earlier [1] - Krista Phillips has been appointed as the Chief Customer Officer of M&T Bank as of January 6 [1] Group 2 - M&T Bank shares experienced a decline of 1.8%, closing at $187.75 [2] - Truist Securities initiated coverage on M&T Bank with a Buy rating and a price target of $233 [3] - Compass Point maintained a Neutral rating and increased the price target from $220 to $250 [3] - Keefe, Bruyette & Woods maintained a Market Perform rating and raised the price target from $205 to $221 [3] - JP Morgan downgraded the stock from Overweight to Neutral while raising the price target from $215 to $223.5 [3] - Piper Sandler maintained an Overweight rating and increased the price target from $205 to $243 [3]

M&T Bank Corporation (MTB) is slated to report fourth-quarter 2024 results on Jan. 16, before the opening bell. The company is expected to have registered a year-over-year increase 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 non-interest income (NII). A decline in NII and higher expenses were headwinds.Quarterly earnings surpassed the consensus estima ...

Wall Street analysts expect M&T Bank Corporation (MTB) to post quarterly earnings of $3.70 per share in its upcoming report, which indicates a year-over-year increase of 31.7%. Revenues are expected to be $2.33 billion, up 1.4% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.P ...

M&T Bank Corporation (MTB) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 16, 2025, might help the stock move higher if these key numbers are be ...

BUFFALO, N.Y., Jan. 6, 2025 /PRNewswire/ -- M&T Bank Corporation (NYSE:MTB) today announced the appointment of Krista Phillips as its first Chief Customer Officer.In this newly created role, Phillips will lead and unify M&T's customer experience, marketing, and analytics teams, enhancing the bank's ability to offer outstanding experiences in a rapidly evolving industry. Leveraging data and unique insights, she and her team will address a comprehensive range of customer needs and ensure consistent brand deli ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering M&T Bank Corporation (MTB) , which belongs to the Zacks Banks - Major Regional industry.This company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 10.81%.For the most recent quarter, M&T Bank was expected to post earnings of $3.6 ...

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.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 participat ...

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%. About M&TM&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select ma ...