Revenue segments as reported by the company.

Interest income

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Provision for credit losses

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

M&T Bank

Wilmington Trust, based in Paramus, in the U.S. state of New Jersey, was a bank-holding company for Hudson City Savings Bank, its only subsidiary, then the largest savings bank in New Jersey and one of the oldest banks in the United States, with US$50 billion in assets. It is now a fully publicly held entity and a member S&P 500 stock market Index. In 2005, its US$3.93 billion secondary offering of common stock was the largest in United States banking history. At the time, it was also the seventh largest domestic public offering in United States history. wz The bank avoided the excesses of the housing boom and was labeled "best bank of 2007" by Forbes. M&T Bank agreed to acquire Hudson City on August 27, 2012.

Wilmington Trust

Hudson City Bancorp was a bank-holding company for Hudson City Savings Bank, its only subsidiary, then the largest savings bank in New Jersey and one of the oldest banks in the United States, with US$50 billion in assets. It is now a fully publicly held entity and a member S&P 500 stock market Index. In 2005, its US$3.93 billion secondary offering of common stock was the largest in United States banking history. At the time, it was also the seventh largest domestic public offering in United States history. The bank avoided the excesses of the housing boom and was labeled "best bank of 2007" by Forbes. M&T Bank agreed to acquire Hudson City on August 27, 2012.

Hudson City Bancorp

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. It operates through the following segments: Business Banking, Commercial Banking, Commercial Real Estate, Discretionary Portfolio, Residential Mortgage Banking, and Retail Banking. The Business Banking segment provides services to small businesses and professionals through the company's branch network, business banking centers, and other delivery channels such as telephone banking, Internet banking and automated teller machines. The Commercial Banking segment offers credit products and banking services for middle-market and large commercial customers. The Commercial Real Estate segment includes credit and deposit services to its customers. The Discretionary Portfolio segment consists of investment and trading securities, residential mortgage loans and other assets, short-term and long-term borrowed funds, brokered certificates of deposit and interest rate swap agreements related thereto, and Cayman Islands branch deposits. The Residential Mortgage Banking segment consists of residential mortgage loans and sells substantially all of those loans in the secondary market to investors. The Retail Banking segment offers services to consumers through several delivery channels which include branch offices, automated teller machines, telephone banking, and Internet banking. The company was founded on August 30, 1856, and is headquartered in Buffalo, NY.

Earnings data Q1 2021

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Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

M&T Bank reports robust 2022 earnings, eyes growth amid challenges

M&T Bank delivered a strong financial performance in 2022, marked by income growth, margin expansion, and strategic acquisitions.
While challenges from inflation and changing market dynamics are anticipated in 2023, the bank's focus on efficient operations and prudent risk management positions it well.
Opportunities for growth in loan portfolios and debt optimization present avenues for revenue enhancement and asset quality preservation.
Overall, M&T Bank's performance reflects resilience amidst evolving economic conditions and a proactive approach to navigating industry challenges.

M&T Bank reports stellar Q1 results, eyes growth opportunities

M&T Bank's Q1 performance reflects robust revenue growth, strong capital position, and successful integration of People's United, despite challenges in deposit growth and noninterest income.
Opportunities lie in further enhancing net interest income, managing expenses, and leveraging consistent underwriting standards for sustained growth and risk management.
Addressing challenges in deposit retention and noninterest income diversification while capitalizing on opportunities in loan growth and expense management will be key for future success.

M&T Bank posts robust Q2 earnings, eyes growth opportunities

M&T Bank delivered strong financial performance, emphasizing community-focused banking principles and efficient expense management.
While facing challenges like deposit outflows and credit risk, the bank is well-positioned to navigate economic conditions and seize growth opportunities.
By focusing on core businesses, managing interest rate risks, and diversifying funding sources, M&T Bank aims for sustainable growth and resilience.

M&T Bank posts solid Q3 results, eyes growth amid market challenges

M&T Bank's Q3 performance reflects financial stability, community commitment, and strategic resilience amidst evolving market conditions.
While facing credit challenges and market uncertainties, the bank's prudent approach and strong fundamentals position it well for sustainable growth and risk mitigation.
With a focus on customer support, sustainable practices, and strategic expansion, M&T Bank navigates complexities with a long-term vision for value creation and resilience.

M&T Bank reports solid 2023 performance amidst challenges and opportunities

M&T Bank's 2023 performance was strong, driven by community focus and disciplined practices. While facing challenges like higher deposit costs, they are seizing opportunities in portfolio optimization and digital investments to enhance efficiency and growth.

M&T Bank reports strong Q1 performance amidst credit quality challenges

M&T Bank's Q1 2024 earnings call highlighted a strong start with solid financial performance and a commitment to community support and sustainability. While facing challenges in credit quality and interest rate sensitivity, the bank showcased strengths in capital position and risk management strategies. Opportunities exist in optimizing expenses, enhancing deposit growth, and managing liquidity effectively.

M&T Bank reports strong Q2 earnings, focuses on growth strategies

M&T Bank delivered a solid performance in Q2 2024, marked by growth in loans, increased net interest income, and effective expense management.
Strong liquidity, robust capital ratios, and strategic initiatives such as share repurchases underscore the bank's financial strength and resilience.
Challenges include optimizing revenue, maintaining capital adequacy, and navigating the evolving credit landscape.
Opportunities lie in strategic growth initiatives, asset quality improvement, and operational efficiency enhancements for sustainable performance.

M&T Bank posts robust Q3 results, eyes efficiency and growth

M&T Bank delivered a strong performance in Q3 2024, with notable improvements in earnings and key financial metrics.
While facing challenges in expense management and CRE loans, the bank's strengths in liquidity and noninterest income provide a solid foundation.
Looking ahead, M&T Bank has opportunities to optimize efficiency, enhance credit quality, and capitalize on growth prospects in the upcoming quarter.

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Initiative designed to advance financial inclusion and prosperity throughout New England, Long Island and New York's Westchester County BUFFALO, N.Y. , Oct. 3, 2024 /PRNewswire/ -- The M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB), today launched the third phase of its Amplify Fund.

M&T CHARITABLE FOUNDATION: REQUESTS FOR PROPOSALS FOR FINAL ROUND OF $25 MILLION AMPLIFY FUND

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Salesforce Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

MTB stock soars 22.5% in the past six months. Let's explore the key drivers behind this rally and assess if the stock has the potential for further growth.

M&T Bank Stock Climbs 22.5% in 6 Months: Will the Momentum Continue?

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BUFFALO, N.Y. , Sept. 5, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) plans to announce its third quarter 2024 earnings results in a press release that will be issued before the market opens on Thursday, October 17, 2024.

M&T Bank Corporation Announces Third Quarter 2024 Earnings Release and Conference Call

When interest rates rose and banking became a more difficult business, New York Community Bancorp quickly found itself in need of a bailout. M&T Bank faced the same difficult conditions and hasn't skipped a beat.

Forget New York Community Bancorp: Billionaires Are Buying Up This Bank Stock Instead

BUFFALO, N.Y. , Aug. 20, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock.

M&T Bank Corporation Announces Third Quarter Common Stock Dividend

M&T Bank Corp. was downgraded to underweight from equal-weight at Wells Fargo on Thursday as one analyst said the regional-banking giant faces potential downside from its exposure to lower interest rates and competition from larger players in mid-tier cities.

M&T Bank draws downgrade on ‘mixed bag' from lower interest rates

BUFFALO, N.Y. , Aug. 14, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) will participate in the Barclays Global Financial Services Conference being held in New York City.

M&T Bank Corporation to Participate in the Barclays Global Financial Services Conference

Updates to M&T's Affordable Housing Platform Reinforce Bank's Commitment to its Clients and Communities NEW YORK , Aug. 12, 2024 /PRNewswire/ -- M&T Bank (NYSE: MTB) today announced that it has appointed Lopa Kolluri as Head of Affordable Housing Lending. In this new role, Kolluri is responsible for the development, oversight, and day-to-day management of the Affordable Housing vertical within M&T's Commercial Bank.

M&T Bank Names Lopa Kolluri as Head of Affordable Housing Lending

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U.S. stocks typically do especially well during August in presidential election years like this one. On average since its inception in 1896, the Dow Jones Industrial Average DJIA has gained 2.8% in August of a presidential election year.

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As we speed through the second half of 2024, bank stocks remain an attractive opportunity for discerning investors. The banking industry is one of the more appealing sectors, given that tech stock valuations are at unsustainable levels.

3 Overlooked Bank Stocks to Buy With Lower Interest Rates in 2025

M&T Bank shares surged after solid Q2 earnings, as it saw surprising recoveries on delinquent trends. Recent credit trends are encouraging, with meaningful improvement in credit quality, though reserves do appear somewhat light. M&T reported a clean net interest income quarter, with ongoing loan growth and NIM accretion, but deposit growth is muted.

M&T Bank: Strong Credit Recoveries Power A Better Q2 (Rating Upgrade)

M&T Bank Corporation MTB reported better-than-expected second-quarter financial results on Thursday.

M&T Bank Analysts Boost Their Forecasts Following Upbeat Earnings

M&T Bank (MTB) shares finished Thursday higher after the bank beat expectations with its second-quarter results.

M&T Bank Stock Rose Thursday. Here's Why.

M&T Bank's (MTB) second-quarter 2024 results are aided by an increase in loan and deposit balance. A decline in NII on high funding costs was spoilsport.

M&T Bank (MTB) Q2 Earnings Top Estimates, NII Drops Y/Y

M&T Bank Corporation (NYSE:MTB ) Q2 2024 Earnings Conference Call July 18, 2024 8:00 AM ET Company Participants Brian Klock - Head, Markets & Investor Relations Daryl Bible - Senior Executive Vice President & Chief Financial Officer Conference Call Participants Manan Gosalia - Morgan Stanley Matt O'Connor - Deutsche Bank Erika Najarian - UBS John Pancari - Evercore ISI Ebrahim Poonawala - Bank of America Ken Usdin - Jefferies Gerard Cassidy - RBC Chris Farr - Wells Fargo Operator Welcome to the M&T Bank Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute -- listen-only mode, and the floor will be open for your questions following the presentation.

M&T Bank Corporation (MTB) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for M&T Bank (MTB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, M&T Bank (MTB) Q2 Earnings: A Look at Key Metrics

M&T Bank Corporation (MTB) came out with quarterly earnings of $3.79 per share, beating the Zacks Consensus Estimate of $3.50 per share. This compares to earnings of $5.12 per share a year ago.

M&T Bank Corporation (MTB) Q2 Earnings and Revenues Surpass Estimates

BUFFALO, N.Y. , July 18, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $655 million or $3.73 of diluted earnings per common share.

M&T Bank Corporation (NYSE:MTB) announces second quarter 2024 results

Decent growth in commercial and industrial loans as well as improved lending scenario are likely to support M&T Bank's (MTB) Q2 performance.

Will Decent Loan Demand Aid M&T Bank's (MTB) Q2 Earnings?

M&T Bank (MTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

M&T Bank Corporation (MTB) Expected to Beat Earnings Estimates: Should You Buy?

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With another round of Federal Reserve stress tests in the books, many large U.S. banks have already announced dividend increases. Analysts at Jefferies compiled the data in a report sent to clients early Monday.

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BUFFALO, N.Y. , June 28, 2024 /PRNewswire/ -- M&T Bank Corporation ("M&T" or the "Company") (NYSE: MTB) today announced the Federal Reserve Board has determined the Company's preliminary stress capital buffer ("SCB") requirement is 3.8%, down from 4.0% previously.

M&T Bank Corporation Announces Preliminary Stress Capital Buffer

Individual preferred securities have delivered significant total returns over the past year. Amidst elevated interest rates, quality companies are offering new high-coupon preferreds and bonds. M&T Bank Corporation's latest issue is one such high-quality opportunity. As an income investor, we are delighted by these opportunities and are buying M&T Bank Corporation shares before the Fed makes a policy change.

News for M&T Bank Stock (MTB)