M&T Bank (MTB) Q2 2023 Earnings Call Transcript

For the period ending June 30, 2023

July 19, 2023 8:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day and welcome to the M&T Bank Second Quarter 2023 Earnings Conference Call. All lines have been placed on listen-only mode and the floor will be opened for your questions following the presentation. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to Brian Klock, Head of Market and Investor Relations. Please go ahead.

Brian Klock

Thank you, Todd, and good morning everyone. I'd like to thank everyone for participating in M&T's second quarter 2023 earnings conference call, both by telephone and through the webcast. If you have not read the earnings release we issued this morning, you may access it, along with the financial tables and schedules by going to our website www.mtb.com.

Once there, you can click on the Investor Relations link, and then on the Events and Presentations link. Also, before we start, I'd like to mention that today's presentation may contain forward-looking information. Cautionary statements about this information are included in today's earnings release materials and in the Investor presentation as well as our SEC filings and other investor materials.

The presentation also includes non-GAAP financial measures as identified in the earnings release and Investor presentation. The appropriate reconciliations to GAAP are included in the appendix.

Joining me on the call this morning are M&T's Senior Executive Vice President and CFO, Daryl Bible; and Senior Executive Vice President and Former CFO, Darren King.

Now I'd like to turn the call over to Daryl Bible.

Daryl Bible

Thank you, Brian, and good morning, everyone. I would like to start by thanking Darren for his help with my transition. I'm very appreciative of his guidance and support. I'm also grateful for everyone across the bank that has welcomed me and helped me get up to speed quickly, including my incredibly talented finance team.

Like me, I'm sure all of you are extremely happy that we now have an earnings presentation. So thank you to investor relations, corporate communication and corporate reporting teams for making this a reality. I'm very excited about the work we are doing and the transition has gone even smoother than I could have anticipated.

I'm proud to be part of M&T's strong financial history, consistent operating philosophy, and conservative community focused banking principles. I'm even prouder to be part of a company that is tied to its purpose to make a difference in people's lives.