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M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

172.98USD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

M&T Bank CFO Says 2018 Operating Expenses To Increase Nominally- Conf Call
Monday, 16 Apr 2018 

April 16 (Reuters) - M&T Bank Corp ::M&T BANK CORP CFO SAYS OPERATING EXPENSES TO INCREASE NOMINALLY IN 2018- CONF CALL.  Full Article

M&T Bank Corp Q4 Operating Earnings Per Share $2.04
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - M&T Bank Corp ::ORATION ANNOUNCES 2017 FOURTH QUARTER AND FULL-YEAR RESULTS.Q4 OPERATING EARNINGS PER SHARE $2.04.Q4 EARNINGS PER SHARE VIEW $2.41 -- THOMSON REUTERS I/B/E/S.Q4 GAAP EARNINGS PER SHARE $2.01.- PROVISION FOR CREDIT LOSSES WAS $31 MILLION IN Q4 OF 2017, COMPARED WITH $62 MILLION IN YEAR-EARLIER QUARTER.- TANGIBLE EQUITY PER COMMON SHARE OF $69.08 AT DECEMBER 31, 2017 WAS UP 2% FROM $67.85 AT DECEMBER 31, 2016.- NET CHARGE-OFFS OF LOANS WERE $27 MILLION DURING QUARTER, COMPARED WITH $49 MILLION IN Q4 OF 2016.- QTRLY NET INTEREST INCOME EXPRESSED ON A TAXABLE-EQUIVALENT BASIS AGGREGATED $980 MILLION, UP 11% FROM $883 MILLION IN YEAR-EARLIER QUARTER.- ESTIMATED INCREMENTAL INCOME TAX EXPENSE IN Q4 RELATED TO TAX ACT WAS $85 MILLION, OR$.56 OF DILUTED EPS.  Full Article

M&T Bank To Invest In Employees And Community
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - M&T Bank Corp ::M&T BANK TO INVEST IN EMPLOYEES AND COMMUNITY.M&T BANK CORP - WILL INCREASE WAGES FOR HOURLY PAID EMPLOYEES.M&T BANK - ALL EMPLOYEES WILL BE GRANTED 40 HOURS OF PAID TIME EACH YEAR TO PARTICIPATE IN VOLUNTEER OR EMPLOYEE RESOURCE GROUP ACTIVITIES OF CHOICE.  Full Article

M&T Bank Corp Names René Jones Chairman And CEO
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - M&T Bank Corp ::M&T BANK CORPORATION NAMES RENÉ JONES CHAIRMAN AND CEO.M&T BANK - JONES SUCCEEDS M&T'S CHAIRMAN & CEO ROBERT WILMERS, WHO DIED SUDDENLY AND UNEXPECTEDLY AT HOME ON DECEMBER 16.M&T BANK CORP - JONES WAS ALSO ELECTED TO BOARD OF BOTH M&T AND M&T BANK.  Full Article

M&T Bank Q3 gaap earnings per share $2.21
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - M&T Bank Corp ::M&T Bank Corporation announces third quarter results.Qtrly ‍provision for credit losses was $30 million in Q3 of 2017, compared with $47 million in 2016's Q3 ​.Tangible equity per common share rose to $69.02 at the recent quarter-end from $67.42 a year earlier and $68.20 at June 30, 2017.Qtrly ‍net charge-offs of loans were $25 million during recent quarter, compared with $41 million in Q3 of 2016​.Q3 gaap earnings per share $2.21.Q3 earnings per share view $2.40 -- Thomson Reuters I/B/E/S.M&T Bank - estimates that ratio of common equity tier 1 to risk-weighted assets under regulatory capital rules was about 10.98% as of September 30, 2017.‍Net interest income expressed on a taxable-equivalent basis totaled $966 million in Q3 of 2017, up 12%.Q3 operating earnings per share $2.24.  Full Article

M&T Bank says to increase prime lending rate from 3.75% to 4.00%
Wednesday, 15 Mar 2017 

M&T Bank Corp : M&T Bank increases prime rate .M&T Bank Corp says will increase its prime lending rate from 3.75% to 4.00%.  Full Article

M&T Bank Corporation acknowledges the passing of director Richard G. King
Tuesday, 27 Sep 2016 

M&T Bank Corp :M&T Bank Corporation acknowledges the passing of director Richard G. King.  Full Article

M&T Bank Corp Q2 GAAP EPS $1.98
Wednesday, 20 Jul 2016 

M&T Bank Corp : Says net charge-offs of loans were $24 million during recent quarter, compared with $21 million in Q2 of 2015 . Q2 GAAP earnings per share $1.98 . Tangible equity per common share rose 13 pct to $66.95 at recent quarter-end from $59.39 year earlier,was up 2 pct from $65.65 at March 31, 2016. . m&t bank corporation announces second quarter results . Q2 operating earnings per share $2.07 . Q2 earnings per share view $2.08 -- Thomson Reuters I/B/E/S . Net interest income expressed on a taxable-equivalent basis totaled $870 million in recent quarter, up 26 pct from $689 million in Q2 of 2015 .Says Q2 provision for credit losses was $32 million in Q2 of 2016, compared with $30 million in year-earlier quarter.  Full Article

M&T Bank authorized stock repurchase program up to $1.15 bln
Tuesday, 19 Jul 2016 

M&T Bank Corp : Says Authorized A New Stock Repurchase Program To Repurchase Up To $1.15 Bln Of Shares Of Its Common Stock - SEC filing .M&T Bank Corp says shares that are repurchased under stock repurchase program will be held in M&T's treasury.  Full Article

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Bank investors await U.S. stress test results for capital returns

NEW YORK U.S. investors expect banks and other financial institutions to announce large returns of capital to shareholders after the Federal Reserve publishes the first set of results from its annual “stress test” late Thursday.