M&T Bank Corp. (MTB) Surged To A New High On Strong Q4 Earnings

M&T Bank Corp. (MTB) reported fourth quarter EPS of $2.01 Thursday morning, up from $1.98 in the prior year period. Street expectations were for EPS of $2.40.

M&T Bank spiked to the upside in early trade Thursday, but settled into a range for the majority of the session. The stock closed up by 6.94 at $186.15 on above average volume. M&T Bank has been rising for over a week and surged to a new high for the year.

by RTT Staff Writer

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