Quartz·1 min read·medium
M&T Bank posts record earnings as interest income surges
✦AI Summary
M&T Bank achieved record earnings for the second quarter, with diluted EPS rising 25% compared to the previous year. The growth was primarily attributed to a significant increase in interest income.
The Buffalo, New York-based lender reported $5.32 in diluted EPS for the second quarter, up 25% from a year earlier
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