Earnings ForecastThere is a reduction in the earnings per share forecast by about 3% due to slightly reduced revenue and a modestly higher provision.
Market PerformanceThe fact that MTB guided 2025 net interest income in-line with expectations, compared to positive surprises at several of the Money Centers, is driving weakness in the shares.
Net Interest Income GuidanceMTB lowered its 2025 net interest income guidance, owing to lower average loan and deposit outlooks.