NYSEMTB

M&T Bank rated new Overweight at BofA as CRE runoff reduces risk profile (NYSE:MTB)

M. Suhail/iStock Editorial via Getty Images Bank of America Securities started coverage of M&T Bank (NYSE:MTB) with an Overweight rating on Monday as the lender is managing through risks tied to the beaten-down commercial real estate market. MTB has relatively high exposure to the commercial property space, analyst Tom CurcurutoContinue Reading

M&T Bank’s CET1 ratio down to 8.3% (NYSE:MTB)

In: Finance

RiverNorthPhotography/iStock Unreleased via Getty Images M&T Bank (NYSE:MTB) said Friday that the Company’s regulatory minimum CET1 ratio implied by the preliminary SCB is now 8.3%, down from 8.5%. M&T expects the second quarter 2024 CET1 ratio to be over 11.35%. As a result of the Federal Reserve’s stress test, M&T’sContinue Reading

M&T Bank rated new Overweight at BofA as CRE runoff reduces risk profile (NYSE:MTB)

M&T Bank’s CET1 ratio down to 8.3% (NYSE:MTB)

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