M&T Bank Posts Higher Earnings

M&T Bank's Q2 GAAP EPS beats estimates by $0.66 M&T Bank reported Q2 GAAP EPS of $5.32, exceeding expectations by $0.66. The bank's revenue of $2.53B also surpassed estimates by $70M, representing a 5.0% year-over-year increase. The strong earnings were driven by

M&T Bank’s Q2 GAAP EPS beats estimates by $0.66

M&T Bank reported Q2 GAAP EPS of $5.32, exceeding expectations by $0.66.

The bank’s revenue of $2.53B also surpassed estimates by $70M, representing a 5.0% year-over-year increase.

The strong earnings were driven by contributions from the bank’s commercial, retail, and institutional services.

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