MTBM & T Bank Corp
MTB
M & T Bank Corp1,220
Mkt Cap
$32.86BVolume
16.0052W High
$239.0052W Low
$154.98PE Ratio
12.74MTB Fundamentals
Price
$217.10Prev Close
$220.51Open
$221.4450D MA
$215.98Beta
1.01Avg. Volume
1.28MEPS (Annual)
$17.00P/B
1.25Rev/Employee
$596,920.29$46,838.21
Poll
Earnings Recap
• Reported GAAP EPS of $4.16 up 24.92% YoY • Reported revenue of $2.44B up 5.85% YoY
Bullish
M&T Bank's net interest margin widened to 3.71% due to declining funding costs, and average loans grew. The company also reported lower nonaccrual loans, indicating improved asset quality.
Bearish
M&T Bank's net income and diluted EPS decreased sequentially, with the CET1 capital ratio declining to 10.33%. Noninterest income also decreased due to lower mortgage banking revenues.