M&T Bank Corp at Barclays Financial Services Conference (Virtual) Transcript

Jan 23, 2024

Sep 15, 2021 / 01:00PM GMT
Jason Michael Goldberg - Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

This is Jason Goldberg, and I cover the U.S. large-cap bank stocks here at Barclays, and this is our 19th Annual Global Financial Services Conference.

Next up, we're very pleased to have M&T Bank. From the company sitting in the front row, we have Rene Jones, Chairman and CEO; and Darren King, Chief Financial Officer. Good morning, gentlemen.

Rene F. Jones - M&T Bank Corporation - Chairman & CEO

Good morning, Jason. Thanks for having us.

Questions and Answers:

Jason Michael Goldberg - Barclays Bank PLC, Research Division - MD & Senior Equity Analyst

Rene, let me start with you. Obviously, the past 1.5 years for the banking industry has been quite unique. There's been some rebound in 2021, although M&T stock has kind of been pressured this year, notwithstanding the accretive acquisition announcement of PBCT. In previous downturns, M&T has prospered, while the competition has pulled back

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