M&T Bank Corp. (MTB) Tops Q4 EPS by 33c

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Go back to M&T Bank Corp. (MTB) Tops Q4 EPS by 33c

M&T Bank Corporation Announces 2018 Fourth Quarter And Full-Year Results

January 17, 2019 6:34 AM EST

BUFFALO, N.Y., Jan. 17, 2019 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for 2018.

GAAP Results of Operations.  Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $3.76 in the fourth quarter of 2018, 87% higher than $2.01 in the year-earlier quarter and 7% above $3.53 in the third quarter of 2018.  GAAP-basis net income in the recent quarter was $546 million, up from $322 million in the fourth quarter of 2017 and $526 million in the... More