M&T Bank Corp. (MTB) Posts Q4 GAAP EPS of $1.65
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M&T Bank Corporation Announces 2015 Fourth Quarter And Full-Year Profits
January 19, 2016 6:39 AM ESTBUFFALO, N.Y., Jan. 19, 2016 /PRNewswire/ --Â M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for 2015.
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 generally accepted accounting principles ("GAAP") for the fourth quarter of 2015 were $1.65, compared with $1.92 in the year-earlier quarter and $1.93 in the third quarter of 2015. GAAP-basis net income in the recent quarter was $271 million, compared with $278 million in the final quarter of 2014 and... More
