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Thursday, January 17, 2019

=M&T Bank (MTB) reported earnings on Thur 17 Jan 2019 (b/o)



M&T Bank beats by $0.30
  • Reports Q4 (Dec) earnings of $3.79 per share, $0.30 better than the S&P Capital IQ Consensus of $3.49.
  • Q4 Net interest margin: 3.92% vs 3.56%
  • Loans classified as nonaccrual totaled $894 million or 1.01% of total loans outstanding at December 31, 2018, compared with $883 million or 1.00% a year earlier and $871 million or 1.00% at September 30, 2018.

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