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New York-based M&T Bank Corporation (MTB) is the holding company for M&T Bank and Wilmington Trust and is worth at $31.2 billion by market cap. MTB is scheduled to release its fiscal 2024 Q4 earnings results before the market opens on Thursday, Jan. 16.
Ahead of the event, analysts expect M&T Bank to report a profit of $3.71 per share, up 32% from $2.81 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in two of the last four quarters, missing on two occasions.