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Jun 30, 2021
M&T Bank Q2 2021 Earnings Report
M&T Bank Corporation announced second quarter results.
Key Takeaways
M&T Bank Corporation reported GAAP diluted earnings per common share of $3.41 for the second quarter of 2021, up from $1.74 in the year-earlier quarter. GAAP-basis net income was $458 million, compared to $241 million in the second quarter of 2020.
Diluted earnings per common share were $3.41, up from $1.74 in the year-earlier quarter.
GAAP-basis net income was $458 million, compared to $241 million in the second quarter of 2020.
Trust businesses continued their strong performance, with revenues up seven percent from last year’s second quarter.
Balance sheet remains solid, highlighted by an allowance for credit losses to loans ratio of 1.62% and a Common Equity Tier 1 Capital Ratio of 10.7%.
Revenue by Segment
Forward Guidance
This news release and related conference call may contain forward-looking statements that are based on current expectations, estimates and projections about M&T's business, management's beliefs and assumptions made by management.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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