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M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

M&T Bank says ‍expects more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year
Wednesday, 13 Sep 2017 11:33am EDT 

Sept 13 (Reuters) - M&T Bank Corp ::‍Expect more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year - SEC filing​.‍Credit credit conditions & near term loss outlook remain stable for remaining year ​.‍Loan growth trends seen over first half of 2017 continuing into Q3​.  Full Article

M&T Bank Corporation announces second quarter results
Wednesday, 19 Jul 2017 06:51am EDT 

July 19 (Reuters) - M&T Bank Corp :M&T Bank Corp announces second quarter results.Q2 operating earnings per share $2.38.Q2 GAAP earnings per share $2.35.Q2 earnings per share view $2.27 -- Thomson Reuters I/B/E/S.M&T Bank Corp qtrly ‍provision for credit losses was $52 million in Q2 of 2017, compared with $32 million in year-earlier quarter​.M&T Bank Corp qtrly net charge-offs of loans were $45 million, compared with $24 million in Q2 of 2016.M&T Bank Corp qtrly ‍net charge-offs of loans were $45 million during recent quarter, compared with $24 million in Q2 of 2016.M&T Bank Corp - ‍net interest income expressed on a taxable-equivalent basis totaled $947 million in Q2 , increase of $77 million, 9 pct, from $870 million year-earlier quarter.M&T Bank Corp - ‍tangible equity per common share rose to $68.20 at recent quarter-end from $66.95 a year earlier and $67.16 at March 31, 2017​.M&T Bank Corp - estimates ratio of common equity tier 1 to risk-weighted assets under regulatory capital rules was about 10.80 pct as of June 30, 2017.  Full Article

M&T Bank Corp to repurchase up to $900 mln shares of common stock - SEC filing​
Tuesday, 18 Jul 2017 04:23pm EDT 

July 18 (Reuters) - M&T Bank Corp :M&T Bank Corp - ‍board authorized new stock repurchase program to repurchase up to $900 million of shares of its common stock - SEC filing​.  Full Article

M&T Bank receives no objection to its 2017 capital plan
Wednesday, 28 Jun 2017 05:12pm EDT 

June 28 (Reuters) - M&T Bank Corp ::M&T Bank Corp - 2017 capital plan includes repurchase of up to $900 million of common shares during that four-quarter period.M&T Bank Corp - ‍2017 capital plan also includes increase in quarterly common stock dividend in q2 of 2018 of up to $0.05 per share to $0.80 per share​.  Full Article

M&T Bank Corporation Q1 operating earnings per share $2.15
Monday, 17 Apr 2017 06:52am EDT 

April 17 (Reuters) - M&T Bank Corp :M&T Bank Corporation announces first quarter results.Q1 operating earnings per share $2.15.Q1 earnings per share view $1.91 -- Thomson Reuters I/B/E/S.M&T Bank Corp - provision for credit losses was $55 million in Q1 of 2017, compared with $49 million in year-earlier quarter.M&T Bank Corp - tangible equity per common share increased to $67.16 at March 31, 2017 from $65.65 a year-earlier.M&T Bank Corp - during Q1 of 2017, M&T adopted new accounting guidance for share-based transactions.M&T Bank Corp - taxable-equivalent net interest income totaled $922 million in Q1 of 2017, up 5% from $878 million in first three months of 2016.M&T Bank Corp - adoption of amended accounting guidance resulted in $18 million reduction of income tax expense in initial 2017 quarter, or $.12 of EPS.M&T Bank Corp - net charge-offs of loans during recent quarter aggregated $43 million, compared with $42 million.M&T Bank Corp - qtrly diluted earnings per common share $2.12.  Full Article

M&T Bank Corp sets quarterly cash dividend of $0.75 per share
Wednesday, 22 Feb 2017 04:35pm EST 

M&T Bank Corp - : M&T Bank Corporation announces increased common stock dividend . Sets quarterly cash dividend of $0.75per share .M&T Bank Corp - new dividend represents an increase of $.05 per share, or 7%, from previous $.70 per share dividend paid quarterly since september 2007.  Full Article

M&T Bank Corp announces 2016 fourth quarter results
Thursday, 19 Jan 2017 06:56am EST 

M&T Bank Corp : M&T Bank Corporation announces 2016 fourth quarter and full-year results . Q4 operating earnings per share $2.01 . Q4 earnings per share view $2.04 -- Thomson Reuters I/B/E/S . Q4 gaap earnings per share $1.98 . M&T Bank corp says tangible equity per common share of $67.85 at december 31, 2016 was up 6% from $64.28 at december 31, 2015 . M&T Bank - net interest income expressed on a taxable-equivalent basis totaled $883 million in Q4 of 2016, up 9% from $813 million in year-earlier quarter . M&T Bank Corp says net charge-offs of loans were $49 million during Q4 of 2016, compared with $36 million and $41 million in Q4 of 2015 .M&T Bank Corp- qtrly provision for credit losses was $62 million versus $58 million in Q4 of 2015.  Full Article

M&T bank increases prime rate
Wednesday, 14 Dec 2016 04:14pm EST 

M&T Bank Corp : M&T bank corp - effective Thursday will increase its prime lending rate from 3.50% to 3.75%. .M&T bank increases prime rate.  Full Article

M&T Bank Corporation acknowledges the passing of director Richard G. King
Tuesday, 27 Sep 2016 12:01pm EDT 

M&T Bank Corp :M&T Bank Corporation acknowledges the passing of director Richard G. King.  Full Article

M&T Bank Corp Q2 GAAP EPS $1.98
Wednesday, 20 Jul 2016 06:51am EDT 

M&T Bank Corp : Says net charge-offs of loans were $24 million during recent quarter, compared with $21 million in Q2 of 2015 . Q2 GAAP earnings per share $1.98 . Tangible equity per common share rose 13 pct to $66.95 at recent quarter-end from $59.39 year earlier,was up 2 pct from $65.65 at March 31, 2016. . m&t bank corporation announces second quarter results . Q2 operating earnings per share $2.07 . Q2 earnings per share view $2.08 -- Thomson Reuters I/B/E/S . Net interest income expressed on a taxable-equivalent basis totaled $870 million in recent quarter, up 26 pct from $689 million in Q2 of 2015 .Says Q2 provision for credit losses was $32 million in Q2 of 2016, compared with $30 million in year-earlier quarter.  Full Article

BRIEF-M&T Bank says ‍expects more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year

* ‍Expect more modest expansion of NIM from current level than was seen through 1H 2017 for remaining year - SEC filing​