M&T Bank Analysts Boost Their Forecasts After Upbeat Earnings

M&T Bank Corporation (NYSE:MTB) reported better-than-expected third-quarter financial results on Thursday.

M&T Bank reported quarterly earnings of $4.08 per share which beat the analyst consensus estimate of $3.64 per share. The company reported quarterly sales of $2.332 billion which beat the analyst consensus estimate of $2.318 billion.

M&T’s Chief Financial Officer said, “M&T’s positive earnings momentum, strong capital position and unyielding focus on delivering for our customers and the communities we serve have positioned the franchise for a strong finish to 2024. I am proud of how our ...