M&T Bank: Q4 Earnings Insights

Shares of M&T Bank MTB were flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share decreased 2.76% over the past year to $3.52, which beat the estimate of $3.03.

Revenue of $1,541,000,000 higher by 0.72% 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.

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

Conference Call Details

Date: Jan 21, 2021

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/r8aj6is9

Technicals

Company's 52-week high was at $174.00

Company's 52-week low was at $85.09

Price action over last quarter: Up 35.44%

Company Profile

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.