(RTTNews) - M&T Bank Corp. (MTB) reported a profit for its third quarter that increased from the same period last year.
The company's bottom line came in at $475.96 million, or $3.69 per share. This compares with $353.40 million, or $2.75 per share, in last year's third quarter.
Analysts had expected the company to earn $3.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
M&T Bank Corp. earnings at a glance:
-Earnings (Q3): $475.96 Mln. vs. $353.40 Mln. last year. -EPS (Q3): $3.69 vs. $2.75 last year. -Analysts Estimate: $3.50
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