Core Viewpoint - M&T Bank Corporation reported quarterly earnings of $3.38 per share, missing the Zacks Consensus Estimate of $3.41 per share, but showing an increase from $3.09 per share a year ago, indicating a slight earnings surprise of -0.88% [1] Financial Performance - The company posted revenues of $2.31 billion for the quarter ended March 2025, which was below the Zacks Consensus Estimate by 1.59%, but an increase from $2.26 billion year-over-year [2] - Over the last four quarters, M&T Bank has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - M&T Bank shares have declined approximately 16% since the beginning of the year, compared to a decline of -8.8% for the S&P 500 [3] - The current Zacks Rank for M&T Bank is 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.05 on revenues of $2.4 billion, and for the current fiscal year, it is $16.22 on revenues of $9.67 billion [7] - The trend of estimate revisions for M&T Bank is mixed, which could change following the recent earnings report [6] Industry Context - The Banks - Major Regional industry, to which M&T Bank belongs, is currently in the top 30% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]
M&T Bank Corporation (MTB) Q1 Earnings and Revenues Lag Estimates