M&T's CET1 Capital Ratio Rose For The Seventh Straight Quarter To 11.67% As Of December 31, 2024, Up 13 Basis Points From September

Benzinga
16 Jan
  • M&T's capital position continues to strengthen as the CET1 capital ratio increased for the seventh consecutive quarter to an estimated 11.67% at December 31, 2024, representing a 13 basis-point increase from 11.54% at September 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 fourth quarter of 2024.

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