M&T Bank's first quarter profits rise

M&T Bank Corporation Announces Quarterly Preferred Stock Dividends

BUFFALO, N.Y., April 15, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced that it has declared quarterly cash dividends on the following series of perpetual preferred stock:

These Analysts Slash Their Forecasts On M&T Bank Following Downbeat Results - M&T Bank (NYSE:MTB)

M&T Bank's first quarter profits rise

The Buffalo-based bank reported diluted earnings per share of $584 million, or $3.32, up from $531 million, or $3.02, in the the first quarter in 2024.

M&T Bank (NYSE:MTB) Announces Quarterly Earnings Results

M&T Bank (NYSE:MTB – Get Free Report) issued its quarterly earnings data on Monday. The financial services provider reported $3.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.41 by ($0.03), Zacks reports. M&T Bank had a return on equity of 10.12% and a net margin of 19.24%. The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2.35 billion. During the same quarter last year…

M&T Ups Ratio of Money Set Aside for Troubled Loans

The bank still reduced the amount of money it's set aside for loans going bad last quarter while also seeing both loans and deposits take a dip.

M&T Bank earnings rise but miss analysts' expectations

The Buffalo, New York bank's loans edged higher in the first quarter while deposits fell 1.7% from a year ago. The bank also lowered its full-year outlook for loans and deposits.