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Buffalo, New York-based M&T Bank Corporation (MTB) is a diversified U.S. regional bank providing commercial and retail banking, mortgage lending, wealth management, and investment services. With a market cap of $27.9 billion, M&T has a strong presence across the Mid-Atlantic and Northeast, serving consumers, small businesses, middle-market companies, and institutional clients.
MTB is set to announce its Q3 results before the markets open on Friday, Oct. 16. Ahead of the event, analysts expected MTB to deliver an EPS of $5, up 2.7% from $4.87 reported in the year-ago quarter. The company has surpassed the Street’s bottom-line estimates in all of the past four quarters, which is notable.
