M&T Bank Reports Strong Q3 2024 Financial Results


 

https://www.tipranks.com/news/company-announcements/mt-bank-reports-strong-q3-2024-financial-results

The latest announcement is out from M&T Bank ( (MTB) ).

M&T Bank Corporation reported a strong third quarter for 2024, with net income rising to $721 million, translating to $4.02 per diluted share. The bank’s net interest income remained stable, and its noninterest income saw an increase, reflecting solid financial performance. M&T’s capital position also strengthened, with its Common Equity Tier 1 (CET1) capital ratio improving for six consecutive quarters, reaching 11.54%. Investors and analysts can access detailed insights through their updated presentation on the Investor Relations page.

Learn more about MTB stock on TipRanks’ Stock Analysis page.