M&T Bank Corp. (MTB) Tops Q1 EPS by 54c

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Go back to M&T Bank Corp. (MTB) Tops Q1 EPS by 54c

M&T Bank Corporation Announces First Quarter Results

April 20, 2022 6:20 AM EDT

BUFFALO, N.Y., April 20, 2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended March 31, 2022.

GAAP Results of Operations.  Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $2.62 in the first quarter of 2022, compared with $3.33 in the year-earlier quarter and $3.37 in the fourth quarter of 2021. GAAP-basis net income was $362 million in the recent quarter, $447 million in the first quarter of 2021 and $458... More