M&T Bank Corp (NYSE:MTB)
$ 153.56 0.18 (0.12%) Market Cap: 25.62 Bil Enterprise Value: 9.74 Bil PE Ratio: 10.38 PB Ratio: 1.02 GF Score: 80/100

M&T Bank Corp at RBC Global Financial Institutions Conference Transcript

Mar 11, 2020 / 02:40PM GMT
Release Date Price: $111.18 (-4.84%)
Gerard S. Cassidy
RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst

Good morning. This is Gerard Cassidy from RBC Capital Markets. Welcome, everybody, to the 2020 RBC Capital Markets Global Financial Institutions Conference. Obviously, it's a virtual conference with what's going on today with the coronavirus.

Joining us for this fireside chat is M&T Bank Corporation. And with us from M&T includes René Jones, the Chief Executive Officer; and Darren King, Executive Vice President and Chief Financial Officer. As many of you know, M&T is headquartered up in Buffalo, New York. The asset size of the company is just about $120 billion. They have a market cap of over $14 billion. And as they've done for many, many years, it's a very profitable institution with an ROA of about 161 basis points in 2019 and an ROE of 13 -- over 13%.

So again, thank you, both René and Darren, for joining us.

RenÃ;F. Jones
M&T Bank Corporation - Vice Chairman & CEO

© -

Thanks

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot