M&T Bank MTB reported its Q3 earnings results on Wednesday, October 19, 2022 at 06:11 AM.
Here's what investors need to know about the announcement.
Earnings
M&T Bank missed estimated earnings by 3.28%, reporting an EPS of $3.83 versus an estimate of $3.96.
Revenue was up $679.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.4 which was followed by a 2.22% increase in the share price the next day.
Here's a look at M&T Bank's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 2.7 | 2.03 | 2.91 | 3.50 |
EPS Actual | 3.1 | 2.73 | 3.50 | 3.76 |
Revenue Estimate | 2.05B | 1.48B | 1.56B | 1.48B |
Revenue Actual | 1.98B | 1.45B | 1.51B | 1.54B |
To track all earnings releases for M&T Bank visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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