M&T Bank Corp. (MTB) Tops Q2 EPS by 1c

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Go back to M&T Bank Corp. (MTB) Tops Q2 EPS by 1c

M&T Bank Corporation Announces Second Quarter Results

July 16, 2015 8:08 AM EDT

BUFFALO, N.Y., July 16, 2015 /PRNewswire/ -- M&T Bank Corporation ("M&T")(NYSE: MTB) today reported its results of operations for the quarter ended June 30, 2015.

GAAP Results of Operations.  Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") for the second quarter of 2015 were $1.98, equal to the year-earlier period and 20% higher than the $1.65 recorded in the first quarter of 2015.  GAAP-basis net income in the recently completed quarter totaled $287 million, up from $284 million and $242 million in the second quarter of 2014 and the initial 2015 quarter, respectively. ... More