M&T Bank reports Q1 EPS $4.13, consensus $4.01

Reports Q1 CET1 capital ratio 10.33%. Reports Q1 net charge-offs .31%. “M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter while investing in its businesses and expanding its operational capabilities in support of our strategic objectives of operational excellence and teaming for growth to meet the needs of our customers and make a difference in people’s lives. I am pleased to report the successful conversion of our core general ledger platform earlier this week,” said Daryl Bible, M&T’s CFO.