M&T Bank (NYSE:MTB) reported quarterly earnings of $4.18 per share which beat the analyst consensus estimate of $4.01 by 4.24 percent. This is a 23.67 percent increase over earnings of $3.38 per share from the same period last year. The company reported quarterly sales of $2.441 billion which beat the analyst consensus estimate of $2.432 billion by 0.39 percent. This is a 5.85 percent increase over sales of $2.306 billion the same period last year.