Benzinga | Apr 19, 2021 06:43AM EDT

M&T Bank Q1 EPS $3.41 Beats $3.00 Estimate, Sales $1.49B Miss $1.49B Estimate

M&T Bank (NYSE:MTB) reported quarterly earnings of $3.41 per share which beat the analyst consensus estimate of $3.00 by 13.67 percent. This is a 74.87 percent increase over earnings of $1.95 per share from the same period last year. The company reported quarterly sales of $1.49 billion which missed the analyst consensus estimate of $1.49 billion by 0.20 percent. This is a 1.26 percent decrease over sales of $1.51 billion the same period last year.