M&T Bank Corp. (MTB) Tops Q3 EPS by 15c
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Revenue Growth %: -5.8%
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Printing, postage and supplies: 8.97M
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M&T Bank Corp. (NYSE: MTB) reported Q3 EPS of $2.75, $0.15 better than the analyst estimate of $2.60.
Darren J. King, Executive Vice President and Chief Financial Officer, commented on M&T's third quarter results, "Our results for the recent quarter reflect an uptick in economic activity across large portions of our customer base that contributed significantly to higher transaction levels and robust mortgage banking revenues. Coupled with well-controlled expenses that were in line with our expectations and prudent loan loss provisioning, M&T remains well-positioned as we enter the final quarter of 2020."
For earnings history and earnings-related data on M&T Bank Corp. (MTB) click here.
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