M&T Bank's Q3: Beat or Bust?

M&T Bank defied expectations with a strong third quarter, but why did the stock price drop? We dissect the earnings call, revealing growing revenues offset by rising expenses, commercial real estate struggles, and two major loan defaults. Was this a blip or a sign of deeper issues? We explore the bank's plans to tackle these challenges, analyst concerns about CRE recovery and tech investments, and whether this dip is a buying opportunity or a warning sign for investors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.