- 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|
The second piece of the annual reviews determines how much banks can spend on dividends and stock buybacks.
Citigroup, the only 'too big to fail' money center bank to set a post-election high in May, as eight other major regional banks peaked as March began.
Stocks close in positive territory Monday ahead of a big week for U.S. corporate earnings.
Stocks rise on Monday ahead of a big week for U.S. corporate earnings, including reports Monday from Netlfix and United Airlines.