|Bid||155.00 x 800|
|Ask||207.00 x 800|
|Day's Range||164.53 - 167.62|
|52 Week Range||133.78 - 187.07|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||12.02|
|Forward Dividend & Yield||4.00 (2.55%)|
|1y Target Est||N/A|
Though Texas Capital Bancshares' (TCBI) Q1 performance reflects increase in revenues, as well as robust loan and deposit growth, higher expenses remain a concern.
First-quarter results of Signature Bank (SBNY) reflect higher net interest income and lower provisions, partially offset by fall in fee income.
The pending deal to combine BB&T; Corp. and SunTrust Bank Inc. into the sixth largest bank in the country is expected to lead to growth opportunities for M&T; Bank.
The company wants to centralize its technology workers in "innovation factories" that would attract talent not only to the bank but other companies too.
M&T; Bank keeps hiring IT staff to do more work in-house as part of a company-wide initiative to enhance its technology capabilities.
M&T Bank's (MTB) Q1 earnings benefit from higher revenues. Further, impressive improvement in credit quality and lower expenses support results.
Meanwhile, revenue of $1.045 billion was just short of Wall Street's estimates of $1.048 billion. Net operating income was $486 million, up from $357 million a year ago, but down from $550 million in the previous quarter. "M&T's performance during the first three months of 2019 was strong.
M&T Bank (MTB) came out with net operating earnings per share of $3.38 that surpassed the Zacks Consensus Estimate of $3.29.
Companies on the Business First Commercial Lenders List are lending more money and getting more of it back without issue.
A slowdown with a silver lining? That’s how Franklin Sciortino, director of the U.S. Small Business Administration’s Buffalo District Office, sees the double-digit decline in SBA loans approvals for the first six months of federal fiscal year 2019. Sciortino said it’s a sign of a strong economy.
M&T Bank's (MTB) Q1 results are likely to witness rise in revenues on higher interest income and loan growth, partially offset by increased expenses.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does M&T Bank (MTB) have what it takes? Let's find out.
The Q1 earnings season could be encouraging for U.S. banks, as the impact of loan growth and rising interest rates partially offset pressure of muted trading and poor investment banking activities.
Michael D. Berman will be responsible for managing the operations of M&T; Realty Capital Corp., the bank's commercial mortgage banking subsidiary.
Improving credit quality as a result of post-recession recovery has led to a strong growth environment for financial institutions. Large banks such as M&T Bank Corporation (NYSE:MTB), with a market capitalisation of US$22b, have benefit...
M&T Bank (MTB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moody's Investors Service has affirmed Greater Baltimore Medical Center's (MD, GBMC) A2 rating on $22.9 million of outstanding revenue bonds and the A2/ VMIG 1 on $4.1 million of variable rate revenue bonds secured by a Standby Bond Purchase Agreement by M&T Bank. The affirmation of the A2 reflects our expectation that GBMC will maintain its sound liquidity position and consolidated operating performance at current levels, benefitting from the predictability of Maryland's Global Budget Revenue (GBR). Furthermore, measures of financial leverage are expected to remain moderate despite elevated capital plans that may include incremental borrowings as the average tenor of GBMC's current debt structure is nearing maturity.
A group of 10 banks and foundations in Western New York have created a pooled fund totaling $8.07 million to support economic development on Buffalo's East Side.
Total loans approved through the SBA's 7(a) lending program and the dollar volume of those loans continue to lag year-ago numbers.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of M&T Bank Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
Effective March 25, Buffalo native Kevin Quinn is no longer managing director and head of corporate banking at HSBC Bank USA N.A. in Buffalo.