M&T Bank Corp. Earnings Advance 2% In Q3

(RTTNews) - M&T Bank Corp. (MTB) announced a profit for its third quarter that increased from last year.

The company said its bottom line climbed to $356 million, or $2.21 per share. This was up from $350 million, or $2.10 per share, in last year's third quarter.

Analysts had expected the company to earn $2.4 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

M&T Bank Corp. earnings at a glance:

-Earnings (Q3): $356 Mln. vs. $350 Mln. last year. -Earnings Growth (Y-o-Y): 1.7% -EPS (Q3): $2.21 vs. $2.10 last year. -EPS Growth (Y-o-Y): 5.2% -Analysts Estimate: $2.4