M&T Bank (MTB) Q4 Earnings Beat Estimates on High Fee Income
By Yoongi in Business
Updated 3 years ago
MTB - Free Report) reported fourth-quarter 2020 earnings surprise of 19.6% on higher fee income. Net operating earnings per share of $3.54 beat the Zacks Consensus Estimate of $2.96. The bottom line, however, compares unfavorably with the $3.62 per share reported in the year-ago quarter. Mortgage banking revenues drove fee...