(Reuters) - Results marked a recovery from the prior quarter, when the U.S. housing slump forced the northeast regional bank to buy back troubled loans it had sold, and slash its profit forecast. M&T shares rose more than 3 percent in early trading.
Quarterly net income for M&T, whose largest shareholders include Warren Buffett's Berkshire Hathaway Inc. , rose 1 percent to $214.2 million, or $1.95 per share, from $212.6 million, or $1.87, a year earlier.
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Quarterly net income for M&T, whose largest shareholders include Warren Buffett's Berkshire Hathaway Inc. , rose 1 percent to $214.2 million, or $1.95 per share, from $212.6 million, or $1.87, a year earlier.
Read more at Reuters.com Hot Stocks News
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