FX.co ★ M&T Bank Corp. Q2 Profit Retreats

M&T Bank Corporation (MTB) reported a decline in its second-quarter profit compared to the same period last year.

The company’s net income amounted to $626 million, or $3.73 per share, down from $841 million, or $5.05 per share, in the previous year's second quarter.

Key earnings figures for M&T Bank Corporation (GAAP):

- Earnings (Q2): $626 million versus $841 million last year.

- EPS (Q2): $3.73 compared to $5.05 last year.