Mar 11, 2020 / 02:40PM GMT
Gerard S. Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst
Good morning. This is Gerard Cassidy from RBC Capital Markets. Welcome, everybody, to the 2020 RBC Capital Markets Global Financial Institutions Conference. Obviously, it's a virtual conference with what's going on today with the coronavirus.
Joining us for this fireside chat is M&T Bank Corporation. And with us from M&T includes René Jones, the Chief Executive Officer; and Darren King, Executive Vice President and Chief Financial Officer. As many of you know, M&T is headquartered up in Buffalo, New York. The asset size of the company is just about $120 billion. They have a market cap of over $14 billion. And as they've done for many, many years, it's a very profitable institution with an ROA of about 161 basis points in 2019 and an ROE of 13 -- over 13%.
So again, thank you, both René and Darren, for joining us.
RenéF. Jones - M&T Bank Corporation - Vice Chairman & CEO
Thanks
M&T Bank Corp at RBC Global Financial Institutions Conference Transcript
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