M&T Bank Corp. (MTB) Tops Q2 EPS by 66c

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Go back to M&T Bank Corp. (MTB) Tops Q2 EPS by 66c

M&T BANK CORPORATION ANNOUNCES SECOND QUARTER RESULTS

July 20, 2022 6:04 AM EDT

BUFFALO, N.Y., July 20,2022 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) today reported its results of operations for the quarter ended June 30, 2022.

GAAP Results of Operations.  Diluted earnings per common share measured in accordance with generally accepted accounting principles ("GAAP") were $1.08 in the second quarter of 2022, compared with $3.41 in the year-earlier quarter and $2.62 in the first quarter of 2022. GAAP-basis net income was $218 million in the recent quarter, $458 million in the second quarter of 2021 and $362... More