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M & T Bank Corp

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-3.84 (-1.72%)

As of Sep 23, 9:37 PM ET ·

MTB News3 articles

M&T Bank Boosts Borrowing to Fuel Loan Growth Amid Record Earnings

M&T Bank posted record quarterly earnings but turned to borrowings to fund loan growth as deposits fell. Shares slipped 2.2%.

Earnings Jul 23

Algoma Central, GSK, AT&T Lead Market Moves as Bitcoin Pool Mines Second Block

Algoma Central surpassed its 50-day moving average after a dividend hike, while GSK shares surged to a multi-decade peak. AT&T's valuation suggests significant upside, and a novel bitcoin mining pool confirmed its hybrid model.

Mortgage Rates Inch Lower, Affordability Squeeze Persists for Spring Buyers

U.S. mortgage rates edged down slightly, with the 30-year fixed average at 6.43%. However, purchase applications declined and the median monthly payment rose, highlighting ongoing affordability challenges.