M&T Bank Corp. (MTB) Tops Q4 EPS by 13c

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Go back to M&T Bank Corp. (MTB) Tops Q4 EPS by 13c

M&T Bank Corporation Announces 2019 Fourth Quarter And Full-Year Results

January 23, 2020 6:38 AM EST

BUFFALO, N.Y., Jan. 23, 2020 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for 2019.

GAAP Results of Operations.  Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $3.60 in the fourth quarter of 2019, compared with $3.76 in the year-earlier quarter and $3.47 in the third quarter of 2019. GAAP-basis net income in the recent quarter was $493 million, compared with $546 million in the final quarter of 2018 and $480 million in the third 2019 quarter. GAAP-basis net income for the fourth quarter of 2019... More