M&T Bank Corp. (MTB) Posts Q4 GAAP EPS of $1.65
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UBS Remains Sidelined on M&T Bank Corp. (MTB) Following 4Q Earnings
January 20, 2016 9:29 AM ESTUBS maintained a Neutral rating on M&T Bank (NYSE: MTB), and cut the price target to $115.00 (from $125.00), following the company's 4Q earnings. Beyond NII, MTB expects only modest fee revenue growth, and has clearly laid out its expectation for some level of operating leverage in... More
FBR Capital Cuts Price Target on M&T Bank Corp. (MTB) Following Slight 4Q Beat
January 20, 2016 6:59 AM ESTFBR Capital maintained a Market Perform rating on M&T Bank (NYSE: MTB), and cut the price target to $112.00 (from $130.00), following the company's 4Q earnings report. FBR calculated an operating EPS of $2.05 (not excluding $0.04 of CDI expense), $0.13 above consensus. With the HCBK deal closing on November 1, quarter-over-quarter trends were noisy, but this is an... More
