M&T Bank's (NYSE: MTB) third quarter financial results release is scheduled for Thursday 17th October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the organization is about to reveal an estimated $3.64 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $2.32 billion for this period.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $9.24 billion for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $14.2 per share during the same period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $4.05. This considerable sum was attributed to the company's total revenue, which reached an impressive $2.34 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.79 | -26.0% | 2.30 B | -11.5% |
| Q1 2024 | $3.09 | -24.4% | 2.26 B | -6.0% |
| Q4 2023 | $2.81 | -38.5% | 2.30 B | -8.3% |
| Q3 2023 | $4.05 | +5.7% | 2.34 B | +4.1% |
| Q2 2023 | $5.12 | +65.2% | 2.60 B | +31.2% |
| *Growth on year-over-year basis | ||||
MTB has scheduled a conference call on 17th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
The trading day saw M&T Bank (MTB) shares trading between $186.25 and $190.41, besides a volume of 1.52 million shares. The stock closed Wednesday's regular trading session at $189.35, indicating 1.87 percent upturn.
