Benzinga | Oct 22, 2020 07:16AM EDT

Recap: M&T Bank Q3 Earnings

Shares of M&T Bank (NYSE:MTB) rose 0.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 21.43% over the past year to $2.75, which beat the estimate of $2.60.

Revenue of $1,464,000,000 decreased by 6.03% year over year, which beat the estimate of $1,460,000,000.

Outlook

M&T Bank hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 22, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/dmfxs74u

Recent Stock Performance

Company's 52-week high was at $174.00

52-week low: $85.09

Price action over last quarter: down 5.80%

Company Overview

M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal.