M&T Bank Corp

MTB: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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M&T Bank Earnings: Slow Balance Sheet Growth Slightly Softens Revenue Outlook; Credit a Positive

M&T Bank reported decent second-quarter results as earnings per share, adjusted for notables, came in at $4.28, up from $3.38 in the sequential quarter and $3.79 in the year-ago quarter, driven by seasonal declines in compensation expenses and fee income strength.

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