MT Bank Corporation (MTB) Q4 2024 Earnings Report

Earnings Highlights

• Revenue of $3.34B up 1.3% year-over-year
• EPS of $3.86 increased by 41.1% from previous year
• Gross margin of 66.5%
• Net income of 681.00M
• "Daryl Bible: 'We feel comfortable that we can basically operate our company at 11% where we are today and what the economy looks like and all that. So our plans are to bring our ratios down throughout the year. We'll be opportunistic from that but it's also going to be driven by our RWA growth, how much our loan growth is and all that. We aren't going to push and make loans that don't make sense. We're going to do what is -- what we always do to serve our customers and communities. But if the plan came out, and we actually hit our plan that we expect for '25, we'd probably do a little bit over $2 billion with that loan growth.'" - Daryl Bible