• (PLX AI) – M&T Bank Q1 EPS USD 2.62.
  • • Q1 net income USD 362 million
  • • CFO says Q1 saw strong credit underwriting as evidenced by historically low charge-offs for the quarter and a stable allowance for credit losses
  • • Revenues were in line with expectations and expenses, which include the usual seasonal increase in salaries and employee benefits expense, were prudently managed: CFO

Quelle: PLX AI