EPISODE · Jan 17, 2025 · 1 MIN
M&T Bank Corporation (MTB), 2024 Q4 earnings digest
from Earnings Report Digest · host ValueVerge
$MTB is releasing its Q4 2024 earnings. Key stats: EPS of $3.77 (beat by $0.03) and revenue at $2.39B, reflecting a 3.7% Y/Y growth. Highlights include stable net interest income and improved asset quality with significant reductions in criticized loans. Quarterly performance features a net income of $681M and a strong CET1 ratio at 11.67%. Future growth seems promising with expected expansions in CRE and deposit balances, but risks from interest rate changes persist. For more details, check out http://valueverge.com/MTB.
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M&T Bank Corporation (MTB), 2024 Q4 earnings digest
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