Dow Surges 250 Points; M&T Bank Posts Upbeat Q3 Earnings
U.S. stocks mixed: Dow +0.48%, Nasdaq -0.65%, S&P -0.05%. Energy rose, tech fell, and M&T Bank beat Q3 estimates; oil eased, gold gained.
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M&T Bank reports Q3 earnings Oct. 16; analysts expect $4.93 EPS and $2.53B revenue. Its 2.78% dividend requires ~$216,050 for $500 monthly.
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U.S. stocks mixed: Dow +0.48%, Nasdaq -0.65%, S&P -0.05%. Energy rose, tech fell, and M&T Bank beat Q3 estimates; oil eased, gold gained.
M&T Bank (NYSE:MTB) reported third-quarter financial results on Friday. The transcript from the company’s third-quarter earnings call has been provided below.Benzinga APIs provide real-time access to earnings call
Companies Reporting Before The Bell • Travelers Companies (NYSE:TRV) is estimated to report quarterly earnings at $7.35 per share on revenue of $11.30 billion. • Truist Finl (NYSE:TFC) is likely to report quarterly
M&T Bank (NYSE:MTB) reported quarterly earnings of $5.08 per share which beat the analyst consensus estimate of $4.96 by 2.42 percent. This is a 4.31 percent increase over earnings of $4.87 per share from the same