06:29 AM EDT, 04/15/2024 (MT Newswires) -- M&T Bank ( MTB ) reported Q1 net operating earnings Monday of $3.09 per share, down from $4.09 a year earlier.

Analysts polled by Capital IQ expected normalized EPS of $3.12.

Revenue, expressed as the sum of net interest income and noninterest income, was $2.26 billion for the quarter ended March 31, down from $2.41 billion a year earlier.

Analysts polled by Capital IQ expected $2.26 billion.