M&T Bank Corp. (MTB) Tops Q3 EPS by 26c

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Go back to M&T Bank Corp. (MTB) Tops Q3 EPS by 26c

M&T Bank Corporation Announces Third Quarter Results

October 20, 2021 6:46 AM EDT

BUFFALO, N.Y., Oct. 20, 2021 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended September 30, 2021.

GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $3.69 in the third quarter of 2021, up from $2.75 in the year-earlier quarter and $3.41 in the second quarter of 2021. GAAP-basis net income was $495 million in the recent quarter, $372 million in the third quarter of 2020 and $458 million in the second 2021 quarter. GAAP-basis net income for the third... More