M&T Bank First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]
M&T Bank Corporation (MTB)
Last m&t bank corporation earnings: 4/20 06:37 am
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US:NYSE Investor Relations:
finance.yahoo.com/quote/m
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Source: Yahoo! Finance
Net income: US$505.0m (down 25% from 1Q 2023). Profit margin: 25% (down from 30% in 1Q 2023). The decrease in margin was driven by lower revenue. EPS: US$3.04 (down from US$4.03 in 1Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period M&T Bank Meets Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. Looking ahead, revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 6.6% from a week ago. Risk Analysis We don't want to rain on the parade too much, but we did also find 1 warning sign for M&T Bank that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Sim
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MTB
News
- inTEST Extends Maturity Date of Borrowing Agreement to 2031 [Yahoo! Finance]Yahoo! Finance
- M&T Bank Co. (NYSE: MTB) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- The Boys and Girls Club of Frederick County 2024 Battle of the Bands is a Smashing Success [Yahoo! Finance]Yahoo! Finance
- M&T's 2023 Sustainability Report Highlights Progress on Customer Solutions and Key Business Goals [Yahoo! Finance]Yahoo! Finance
- M&T's 2023 Sustainability Report Highlights Progress on Customer Solutions and Key Business GoalsPR Newswire
MTB
Earnings
- 4/15/24 - Miss
MTB
Sec Filings
- 5/3/24 - Form 144
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- MTB's page on the SEC website