M&T Bank Corporation (MTB - Analyst Report) has delivered positive earnings surprises in three of the last four quarters; most recently beating by nearly 17.9% in the third quarter. This Zacks #1 Rank (Strong Buy) commercial bank hit its 52-week high on October 18, a day after its results were announced. The company pays a regular quarterly dividend that yields a decent 2.7% and the stock has gained 37.6% since the beginning of this year. Warren Buffett's
Berkshire Hathaway is a major shareholder.
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