M&T Bank ( (MTB) ) has provided an update.
M&T Bank Corporation reported its financial results for the fourth quarter of 2024 on January 16, 2025, announcing a net income of $681 million and diluted earnings per share of $3.86. For the full year, the bank achieved a net income of $2.59 billion with diluted earnings per share of $14.64. These results reflect a decrease in full-year net interest income and noninterest income compared to 2023, as well as a slight reduction in return on average assets and equity, indicating challenges in maintaining previous performance levels.
More about M&T Bank
YTD Price Performance: 6.44%
Average Trading Volume: 1,168,939
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $32.36B
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