MTB - M&T Bank Analysts Boost Their Forecasts After Q1 Results | Benzinga
M&T Bank Corporation (NYSE: MTB) reported in-line first-quarter earnings on Monday.
Revenue of $2.260 billion, slightly missing the consensus of $2.263 billion. Net income of $531 million came below $702 million a year ago. EPS was $3.09, which came in line with the consensus, according to data from Benzinga Pro.
M&T held total assets of $211.5 billion as of March 31, 2024. Loans and leases, net of unearned discount, were $133.8 billion. The CET1 capital ratio was estimated at 11.07% as of March 31, 2024.
Daryl N. Bible, M&T’s Chief Financial Officer, said,"We are off to a solid ...