Mar 08, 2023 / 02:20PM GMT
Gerard Sean Cassidy - RBC Capital Markets, Research Division - MD, Head of U.S. Bank Equity Strategy & Large Cap Bank Analyst
Fireside Chat with Darren King, Senior Executive Vice President and Chief Financial Officer of M&T Bank. As many of you know, M&T is headquartered in Buffalo, New York with just over $200 billion in assets, has a market cap of about $26 billion. Trades at a price to book at about 1.1x on a price to tangible book of about 1.8x, and on a forward earnings basis, a very low PE of 8.5x. Darren, as you know, will be moving out of the CFO position in June and taking on more line responsibilities. So, we're very happy that we have him for our conference here.
He joined the bank back in 2000, and he was a consulting firms before that. But Darren, thank you so much for joining us.
Darren J. King - M&T Bank Corporation - Senior EVP & CFO
Great to be here.
M&T Bank Corp at RBC Capital Markets Global Financial Institutions Conference Transcript
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