M&T Bank MTB earnings are coming up! Don't miss out: The company unveils its next round of earnings this Monday, July 18, 2011.
Want to get caught up before Monday's earnings release? We've got just what you need. Here is your everything-that-matters guide to M&T Bank's second quarter earnings report.
The Numbers:
Analysts are predicting a positive EPS reading of $1.53 per share and revenues of $908.7 million. We'll know on Monday whether M&T Bank has managed the estimated 115% increase in EPS and 108% rise in revenues on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Q1 EPS $1.67 vs. $1.41 Estimate
Q4 EPS $1.52 vs. $1.45 Estimate
Q3 EPS $1.48 vs. $1.41 Estimate
Q2 EPS $1.53 vs. $1.25 Estimate Stock Performance: At last check, shares of M&T Bank were trading at $87.45. Shares are up 2.1% year to date. For a full 12 months, the return has risen by 15.6%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Average Stock Rating: The average rating by analysts for M&T Bank is a Hold. The strength of this rating has declined slightly over the past three months. Competitors: Wondering how some of the other financials companies are doing? Here are a few of M&T Bank's peers in that sector.
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Q3 EPS $1.48 vs. $1.41 Estimate
Q2 EPS $1.53 vs. $1.25 Estimate Stock Performance: At last check, shares of M&T Bank were trading at $87.45. Shares are up 2.1% year to date. For a full 12 months, the return has risen by 15.6%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release. Average Stock Rating: The average rating by analysts for M&T Bank is a Hold. The strength of this rating has declined slightly over the past three months. Competitors: Wondering how some of the other financials companies are doing? Here are a few of M&T Bank's peers in that sector.
- Bank of America BAC: Hold with a $0.17 recent quarter EPS
- PNC Financial Services PNC: Moderate Buy with a $1.57 recent quarter EPS
- Susquehanna Bancshares SUSQ: Hold with a $0.08 recent quarter EPS
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