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M&T Bank Corp. (MTB) reported a profit for its third quarter that increased from the same period last year.


RTTNews | Oct 20, 2021 06:49AM EDT

06:49 Wednesday, October 20, 2021 (RTTNews.com) - M&T Bank Corp. (MTB) reported a profit for its third quarter that increased from the same period last year.

The company's bottom line came in at $475.96 million, or $3.69 per share. This compares with $353.40 million, or $2.75 per share, in last year's third quarter.

Analysts had expected the company to earn $3.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

M&T Bank Corp. earnings at a glance:

-Earnings (Q3): $475.96 Mln. vs. $353.40 Mln. last year.-EPS (Q3): $3.69 vs. $2.75 last year.-Analysts Estimate: $3.50

Read the original article on RTTNews ( https://www.rttnews.com/3233946/m-t-bank-corp-announces-gain-in-q3-earnings-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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