M&T Bank Corp Q2 2021 Earnings Call Summary - Thomson StreetEvents

M&T Bank Corp Q2 2021 Earnings Call Summary

M&T Bank Corp Q2 2021 Earnings Call Summary - Thomson StreetEvents
M&T Bank Corp Q2 2021 Earnings Call Summary
Published Jul 21, 2021
20 pages (12342 words) — Published Jul 21, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of MTB.N earnings conference call or presentation 21-Jul-21 3:00pm GMT

  
Brief Excerpt:

...A. Highlights: Continued rebound in economy from pandemic-induced slowdown. 1. 2. Saw improved customer activity across all sectors of economy. While not back to pre-pandemic levels, seeing improvements in leisure and hospitality sectors. a. 3. Non-accrual and criticized loans increased from prior qtr. Loss emergence remained subdued, leading Co. to recognize further moderate release from allowance for credit losses. a. 4. Balance sheet continues to strengthen as capital and liquidity grew from already elevated level, positioned bank to continue to be source of strength of customers. 5. Making progress towards 4Q close of People's United merger. a. Pleased with overwhelming shareholder support of combination. B. Results: Diluted GAAP common EPS $3.41. 1. Improved from $3.33 in 1Q21 and $1.74 in 2Q20. a. 2. Net income $458m vs. $447m in linked qtr. and $241m in 2Q20. 3. GAAP results produced annualized rate of return on avg. assets of 1.22% and annualized rate of return on avg. common equity...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
T Bank Corp
Ticker
MTB.N
Time
3:00pm GMT
Format:
PDF Adobe Acrobat
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M&T Bank Corp at BancAnalysts Association of Boston Conference Transcript – 2021-11-04 – US$ 54.00 – Edited Transcript of MTB.N presentation 4-Nov-21 8:20pm GMT

M&T Bank Corp Q3 2021 Earnings Call Summary – 2021-10-20 – US$ 54.00 – Edited Brief of MTB.N earnings conference call or presentation 20-Oct-21 3:00pm GMT

M&T Bank Corp Q3 2021 Earnings Call Transcript – 2021-10-20 – US$ 54.00 – Edited Transcript of MTB.N earnings conference call or presentation 20-Oct-21 3:00pm GMT

M&T Bank Corp at Barclays Financial Services Conference (Virtual) Transcript – 2021-09-15 – US$ 54.00 – Edited Transcript of MTB.N presentation 15-Sep-21 1:00pm GMT

M&T Bank Corp Q2 2021 Earnings Call Transcript – 2021-07-21 – US$ 54.00 – Edited Transcript of MTB.N earnings conference call or presentation 21-Jul-21 3:00pm GMT

M&T Bank Corp Extraordinary Shareholders Meeting Transcript – 2021-05-25 – US$ 54.00 – Edited Transcript of MTB.N shareholder or annual meeting 25-May-21 3:00pm GMT

M&T Bank Corp Annual Shareholders Meeting Transcript – 2021-04-20 – US$ 54.00 – Edited Transcript of MTB.N shareholder or annual meeting 20-Apr-21 3:00pm GMT

M&T Bank Corp Q1 2021 Earnings Call Summary – 2021-04-19 – US$ 54.00 – Edited Brief of MTB.N earnings conference call or presentation 19-Apr-21 3:00pm GMT

M&T Bank Corp Q1 2021 Earnings Call Transcript – 2021-04-19 – US$ 54.00 – Edited Transcript of MTB.N earnings conference call or presentation 19-Apr-21 3:00pm GMT

M&T Bank Corp at RBC Capital Markets Global Financial Institutions Conference (Virtual) Transcript – 2021-03-10 – US$ 54.00 – Edited Transcript of MTB.N presentation 10-Mar-21 3:40pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "M&T Bank Corp Q2 2021 Earnings Call Summary" Jul 21, 2021. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-M-T-Bank-Corp-Earnings-Call-B14834989>
  
APA:
Thomson StreetEvents. (2021). M&T Bank Corp Q2 2021 Earnings Call Summary Jul 21, 2021. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-M-T-Bank-Corp-Earnings-Call-B14834989>
  
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