- M&T Bank reports first-quarter earnings per share of $1.50.
- Analysts were expecting EPS of $1.48.
- Mortgage banking revenue increased 24% year-over-year, to $56.2 million.
|M&T Bank Corp. CEO Robert Wilmers|
For one thing, BB&T, M&T Bank, PNC Financial, SunTrust and U.S. Bancorp have mixed weekly charts.
Stocks are falling on Friday as the odds of a September rate hike increase amid hawkish Federal Reserve commentary.
BB&T, M&T Bank, PNC Financial, SunTrust and U.S. Bancorp have rising momentum on weekly charts.