M&T Bank Corporation (NYSE:MTB) Q2 2024 Earnings Conference Call July 18, 2024 8:00 AM ET

Company Participants

Brian Klock - Head, Markets & Investor Relations
Daryl Bible - Senior Executive Vice President & Chief Financial Officer

Conference Call Participants

Manan Gosalia - Morgan Stanley
Matt O'Connor - Deutsche Bank
Erika Najarian - UBS
John Pancari - Evercore ISI
Ebrahim Poonawala - Bank of America
Ken Usdin - Jefferies
Gerard Cassidy - RBC
Chris Farr - Wells Fargo

Operator

Welcome to the M&T Bank Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute -- listen-only mode, and the floor will be open for your questions following the presentation. [Operator Instructions] Please be advised that today's conference is being recorded.

And 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, Ashley, and good morning. I'd like to thank everyone for participating in M&T's second quarter 2024 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 is M&T's Senior Executive Vice President and CFO, Daryl Bible.

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

Daryl Bible

Thank you, Brian, and good morning, everyone.

As you will hear on today's call, the second quarter results continue M&T's strong momentum for 2024.

Turning to Slide 4, this April, we released our fourth annual sustainability report. We are proud of our continued progress towards our sustainability goals. Our efforts are creating positive outcomes for our businesses, our customers and our communities. Of note, in 2023, our total sustainability finance loans and investments totaled $3.1 billion.

Turning to Slide 5, we continue to garner awards for our businesses, products and employees, including the highest customer satisfaction for mobile banking apps among regional banks according to J.D. Power and the Securitization Trustee of the Year for Wilmington Trust from GlobalCapital.