M&T Bank Reports Strong Third Quarter 2024 Financial Results

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

M&T Bank Corporation reported a strong third quarter for 2024 with net income rising to $721 million, equivalent to $4.02 per diluted share. The bank’s net interest income remained stable and non-interest income increased, reflecting solid financial performance. M&T’s capital position was also strengthened: the common equity Tier 1 capital ratio (CET1) improved for six consecutive quarters and reached 11.54%. Investors and analysts can obtain detailed insights via their updated presentation on the investor relations page.

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