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M&T Bank recaptures some credit loss reserves in Q1, NIM falls

Apr. 19, 2021 7:42 AM ETM&T Bank Corporation (MTB) StockMTBBy: Liz Kiesche, SA News Editor
  • M&T Bank (NYSE:MTB) Q1 earnings beat analysts estimate as the company recaptured some of its previous credit loss reserves due to the improved macroeconomic outlook. Net interest fell Q/Q and loans on nonaccrual status increased.
  • MTB stock falls 1.4%

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