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Buffalo, New York-based M&T Bank Corporation (MTB) operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management, and investment services. With a market cap of $27.9 billion, M&T Bank operates through Commercial Bank, Retail Bank, and Institutional Services and Wealth Management segments.
MTB is set to announce its Q4 results before the markets open on Friday, Jan. 16. Ahead of the event, analysts expected MTB to deliver an EPS of $4.46, up 13.8% from $3.92 reported in the year-ago quarter. While the company has surpassed the Street’s bottom-line estimates thrice over the past four quarters, it has missed the projections on one other occasion.