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