M&T Bank's CET1 Capital Ratio Increased 9 Basis Points To An Estimated 11.54% At September 30, 2024, Compared With 11.45% At June 30, 2024

Benzinga · 10/17 09:24
  • M&T's capital position continues to strengthen as the CET1 capital ratio rose for the sixth consecutive quarter to an estimated 11.54% at September 30, 2024, representing a 9 basis point increase from 11.45% at June 30, 2024. M&T repurchased shares of its common stock for a total cost of $200 million, including the share repurchase excise tax, in the third quarter of 2024.