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M&T Bank Corp. (MTB) reported earnings for second quarter that decreased from last year.


RTTNews | Jul 23, 2020 06:41AM EDT

06:40 Thursday, July 23, 2020 (RTTNews.com) - M&T Bank Corp. (MTB) reported earnings for second quarter that decreased from last year.

The company's earnings totaled $223.10 million, or $1.74 per share. This compares with $452.63 million, or $3.34 per share, in last year's second quarter.

Analysts had expected the company to earn $1.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

M&T Bank Corp. earnings at a glance:

-Earnings (Q2): $223.10 Mln. vs. $452.63 Mln. last year.-EPS (Q2): $1.74 vs. $3.34 last year.-Analysts Estimate: $1.65

Read the original article on RTTNews ( https://www.rttnews.com/3113619/m-t-bank-corp-reports-fall-in-q2-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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