M&T Bank Q3: Solid Results, But Growth Remains Limited (MTB)

Core Insights - M&T Bank Corporation (NYSE: MTB) has experienced mixed performance over the past year, with its shares trading essentially flat and missing out on a strong equity market [1] - The company has a history of strong credit underwriting standards, but has faced challenges in deposit and loan growth [1] Company Performance - Over the past year, M&T Bank's stock performance has not aligned with the broader equity market trends, indicating potential underperformance [1] - The bank's historical strength in credit underwriting is noted, suggesting a solid foundation in risk management [1] Growth Challenges - Despite the company's strong credit standards, it has encountered difficulties in achieving significant growth in deposits and loans [1]