MTB / Why M&T Bank (MTB) Might Surprise This Earnings Season

Higher revenues support M&T Bank's (MTB) Q3 earnings. A rise in the provision for credit losses and lower loan demand ail. more_horizontal

M&T Bank Corporation (MTB) came out with quarterly earnings of $4.05 per share, beating the Zacks Consensus Estimate of $3.94 per share. This compares more_horizontal

M&T Bank (MTB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season. more_horizontal

M&T Bank Corporation (MTB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a more_horizontal

Lower expenses are likely to have supported M&T Bank's (MTB) bottom-line growth in third-quarter 2023. However, declining NII on softer loan demand is more_horizontal

M&T Bank is a nuanced hold with a $155 price target, suggesting limited upside. Sturdy foundation: Conservative lending, robust capital, consistent di more_horizontal

BUFFALO, N.Y. , Sept. 22, 2023 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) plans to announce its third quarter 2023 earnings results in a more_horizontal

M&T Bank's (MTB) top-line growth is supported by rising NII and non-interest income. However, high costs and significant exposure to commercial real e more_horizontal