M&T Bank Corporation Announces 2015 Fourth Quarter And Full-Year Profits
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January 20, 2016 9:29 AM EST
UBS maintained a Neutral rating on M&T Bank (NYSE: MTB), and cut the price target to $115.00 (from $125.00), following the company's 4Q earnings. Beyond NII, MTB expects only modest fee revenue growth, and has clearly laid out its expectation for some level of operating leverage in... More
January 20, 2016 6:59 AM EST
FBR Capital maintained a Market Perform rating on M&T Bank (NYSE: MTB), and cut the price target to $112.00 (from $130.00), following the company's 4Q earnings report. FBR calculated an operating EPS of $2.05 (not excluding $0.04 of CDI expense), $0.13 above consensus. With the HCBK deal closing on November 1, quarter-over-quarter trends were noisy, but this is an... More
January 19, 2016 6:42 AM EST
M&T Bank Corp. (NYSE: MTB) reported Q4 EPS of $1.65, which may not compare with the analyst estimate of $1.97.
GAAP Results of Operations. Reflecting the impact of merger-related expenses associated with its recent acquisition, M&T's diluted earnings per common share measured in accordance with... More
