M&T Bank Corp. (MTB) Misses Q3 EPS by 7c

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Go back to M&T Bank Corp. (MTB) Misses Q3 EPS by 7c

M&T Bank Corporation Announces Third Quarter Results

October 17, 2019 6:34 AM EDT

BUFFALO, N.Y., Oct. 17, 2019 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended September 30, 2019.

GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $3.47 in the third quarter of 2019, compared with $3.53 in the year-earlier quarter. GAAP-basis net income in the recent quarter was $480 million, compared with $526 million in the third quarter of 2018. GAAP-basis diluted earnings per common share and net income for the second quarter of 2019 were $3.34 and $473 million,... More