M&T Bank (NYSE:MTB) reported quarterly earnings of $5.35 per share which beat the analyst consensus estimate of $4.66 by 14.81 percent. This is a 25 percent increase over earnings of $4.28 per share from the same period last year. The company reported quarterly sales of $2.532 billion which beat the analyst consensus estimate of $2.464 billion by 2.77 percent. This is a 5.68 percent increase over sales of $2.396 billion the same period last year.