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M&T Bank Corp. (MTB) Misses Q2 EPS by 10c

July 20, 2016 6:52 AM

M&T Bank Corp. (NYSE: MTB) reported Q2 EPS of $1.98, $0.10 worse than the analyst estimate of $2.08.

GAAP-basis net income for the second quarter of 2016 expressed as an annualized rate of return on average assets and average common shareholders' equity was 1.09% and 8.38%, respectively, compared with 1.18% and 9.37%, respectively, in the year-earlier quarter and .97% and 7.44%, respectively, in the first quarter of 2016.

For earnings history and earnings-related data on M&T Bank Corp. (MTB) click here.

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