M&T Bank Q2 Adj. EPS $4.28 Beats $3.98 Estimate, Sales $2.396B Beat $2.388B Estimate

M&T Bank (NYSE:MTB) reported quarterly earnings of $4.28 per share which beat the analyst consensus estimate of $3.98 by 7.51 percent. This is a 12.93 percent increase over earnings of $3.79 per share from the same period last year. The company reported quarterly sales of $2.396 billion which beat the analyst consensus estimate of $2.388 billion by 0.35 percent. This is a 4.08 percent increase over sales of $2.302 billion the same period last year.