MTB - M&T Bank

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  1. T0rm3nted

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    M&T Bank Corporation (MTB) is a United States bank holding company. Founded in 1856 in western New York state as "Manufacturers and Traders Trust Company", the company is today headquartered in Buffalo.

    As of 2014, M&T Bank held $134.4 billion in assets, making it the 17th largest commercial bank holding company in the U.S. It operates more than 700 branches in New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, and Washington, D.C. It also operates private wealth offices across the United States and in Europe.

    Warren Buffett's Berkshire Hathaway financial investment syndicate owns 5.66% of M&T's shares. The bank owns the original Buffalo Savings Bank building in downtown Buffalo. M&T Bank also sponsors M&T Bank Stadium, home of the Baltimore Ravens.
     
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    M&T Bank (MTB) Stock Higher Following Q1 Earnings Results
    Shares of M&T Bank Corp. (MTB) are advancing by 0.57% to $115.51 on Monday morning, after the company posted its 2016 first quarter results.

    Before today's opening bell, the Buffalo, NY-based bank holding company reported adjusted earnings of $1.87 per diluted share, topping analysts' estimates of $1.84 per share.

    Revenue for the quarter was $1.29 billion, slightly below Wall Street's expectations of $1.3 billion.

    Read full article here: http://www.thestreet.com/story/1353...ock-higher-following-q1-earnings-results.html
     
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