M&T Bank Corporation (NYSE:MTB) came out with quarterly earnings of $3.10 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $3.45 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this company would post earnings of $2.26 per share when it actually produced earnings of $2.73, delivering a surprise of 20.80%.
