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Dec 31, 2019
M&T Bank Q4 2019 Earnings Report
M&T Bank reported a decrease in net income and diluted earnings per share for Q4 2019 compared to Q4 2018, but an increase compared to Q3 2019. The results reflect a year of strong performance, with growth in earnings per common share, combined net interest income and other income, and historically low net charge-offs.
Key Takeaways
M&T Bank Corporation reported GAAP diluted earnings per common share of $3.60 for Q4 2019, compared to $3.76 in Q4 2018 and $3.47 in Q3 2019. GAAP-basis net income was $493 million for the quarter, compared to $546 million in Q4 2018 and $480 million in Q3 2019.
GAAP diluted earnings per common share were $3.60 in Q4 2019, compared to $3.76 in the year-earlier quarter.
GAAP-basis net income in the recent quarter was $493 million, compared with $546 million in the final quarter of 2018.
Taxable-equivalent net interest income totaled $1.01 billion in Q4 2019, compared with $1.06 billion in the year-earlier quarter.
Noninterest income totaled $521 million in Q4 2019, 8% higher than $481 million in the year-earlier quarter.
Revenue by Segment
Forward Guidance
This news release contains 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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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