M&T Bank Corp. (MTB) Tops Q4 EPS by 13c

M&T Bank Corp. (NYSE: MTB) reported Q4 EPS of $3.60, $0.13 better than the analyst estimate of $3.47.

Darren J. King, Executive Vice President and Chief Financial Officer, commented on M&T's performance, "M&T's results reflect a year of strong performance. Earnings per common share for 2019 rose 8%, combined net interest income and other income increased over 4%, and net charge-offs as a percentage of loans remained at a historically low level. Strong growth in income from the mortgage banking and trust businesses led the revenue improvement."

For earnings history and earnings-related data on M&T Bank Corp. (MTB) click here.

You May Also Be Interested In

• Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
• CMS targets 15% Medicare lab fee cuts, putting DGX and LH revenue at risk
• RBC Capital Starts Tabcorp Holdings (TAH:AU) (TABCF) at Outperform