M&T Bank Corp. (MTB) Misses Q2 EPS by 10c
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M&T Bank Corporation Announces Second Quarter Results
July 20, 2016 6:51 AM EDTBUFFALO, N.Y., July 20, 2016 /PRNewswire/ --Â M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended June 30, 2016.
GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") for the second quarter of 2016 were $1.98, equal to the year-earlier period and up from $1.73 recorded in the first quarter of 2016. GAAP-basis net income in the recently completed quarter totaled $336 million, up 17% from $287 million in the second quarter of 2015 and 13% from $299 million in the initial 2016 quarter. GAAP-basis... More
