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Stock impact report

M&T Bank Full Year 2024 Earnings: In Line With Expectations [Yahoo! Finance]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: Yahoo! Finance
Net income: US$2.45b (down 7.1% from FY 2023). Profit margin: 28% (down from 29% in FY 2023). The decrease in margin was driven by lower revenue. EPS: US$14.71 (down from US$15.85 in FY 2023). MTB Banking Performance Indicators Net interest margin (NIM): 3.58% (down from 3.83% in FY 2023). Cost-to-income ratio: 56.9% (up from 54.9% in FY 2023). Non-performing loans: 1.25% (down from 1.62% in FY 2023). NYSE:MTB Revenue and Expenses Breakdown February 22nd 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period M&T Bank Meets Expectations Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. The primary driver behind last 12 months revenue was the Retail Bank (Includes Retail Banking, Business Banking and Residential Mortgage Banking) segment contributing a total revenue of US$4.81b (55% of total revenue). The largest operating expense was General & Administrative costs, amount Show less Read more
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