M&T Bank (NYSE:MTB) reported its Q4 earnings results on Thursday, January 20, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
M&T Bank beat estimated earnings by 20.27%, reporting an EPS of $3.5 versus an estimate of $2.91, which surprised analysts.
Revenue was up $29.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26, which was followed by a 0.41% drop in the share price the next day.
Here's a look at M&T Bank's past performance:
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