M&T Bank (NYSE:MTB) reported its Q4 earnings results on Thursday, January 20, 2022 at 06:40 AM.
Here's what investors need to know about the announcement.
Earnings
M&T Bank beat estimated earnings by 20.27%, reporting an EPS of $3.5 versus an estimate of $2.91, which surprised analysts.
Revenue was up $29.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.26, which was followed by a 0.41% drop in the share price the next day.
Here's a look at M&T Bank's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.50 | 3.60 | 3 | 3.03 |
| EPS Actual | 3.76 | 3.45 | 3.41 | 3.52 |
| Revenue Estimate | 1.48B | 1.49B | 1.49B | 1.46B |
| Revenue Actual | 1.54B | 1.46B | 1.49B | 1.54B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
