On Tuesday, Shares of M&T Bank Corporation (NYSE:MTB), lost - 0.11% to $131.86.
M&T Bank Corporation stated its results of operations for the quarter ended June 30, 2015.
GAAP Results of Operations. Diluted earnings per common share measured in accordance with generally accepted accounting principles (“GAAP”) for the second quarter of 2015 were $1.98, equal to the year-earlier period and 20% higher than the $1.65 recorded in the first quarter of 2015. GAAP-basis net income in the recently accomplished quarter totaled $287 million, up from $284 million and $242 million in the second quarter of 2014 and the initial 2015-quarter, respectively. GAAP-basis net income for the second quarter of 2015 expressed as an annualized rate of return on average assets and average common shareholders’ equity was 1.18% and 9.37%, respectively, contrast with 1.27% and 9.79%, respectively, in the year-earlier quarter and 1.02% and 7.99%, respectively, in the first quarter of 2015.
M&T Bank Corporation, a bank holding company, provides commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash administration, and other financial services to small businesses and professionals.
Shares of Westar Energy Inc (NYSE:WR), declined -1.14% to $35.58, during its last trading session.
On Aug. 4, 2015, Westar Energy, planned to release 2nd quarter 2015 earnings after market close. On Wednesday, Aug. 5, 2015, the company plans to host its quarterly conference call and audio webcast to talk about the operating results.
Westar Energy, Inc., an electric utility company, generates, transmits, and distributes electricity in Kansas. The company has 7,200 megawatts of electric generation capacity producing electricity through various fuel types, counting coal, uranium, natural gas, diesel, wind, and landfill gas.
At the end of Tuesday’s trade, Shares of Healthcare Trust Of America Inc (NYSE:HTA), remained flat at $25.29.
Healthcare Trust of America declared that it has hired Margo Gangloff as Regional Manager for its Southeast Region. Margo will be responsible for overseeing all aspects of operations and property administration throughout HTA’s Southeast Region, which comprises about three million square feet across SC, NC, GA, VA and TN. Margo most recently served as the Manager of Property Administration at the Medical University of South Carolina (“MUSC”), where she oversaw various aspects of MUSC’s real estate operations and leasing platform.
“HTA is extremely fortunate and excited to welcome Margo to our team,” states Amanda Houghton, Executive Vice President for HTA. “Margo’s recent experience in overseeing and directing the property administration for MUSC provides HTA a unique insight into what matters most for health systems and physicians. As HTA continues to grow its administration platform, our ability to create value for our tenants by not only meeting, but surpassing their expectations will continue to be a key part of our success.”
Healthcare Trust of America, Inc. is a publicly owned equity real estate investment trust. The firm invests in the real estate markets of the United States. It is engaged in acquiring, owning and operating high-quality medical office buildings located primarily on-campus or associated with the nation’s leading healthcare systems. Healthcare Trust of America, Inc. was founded on April 20, 2006 and is based in Scottsdale, Arizona.
Finally, Susquehanna Bancshares Inc (NASDAQ:SUSQ), ended its last trade with -0.07% loss, and closed at $14.46.
Susquehanna Bancshares declared that it earned net income for the second quarter ended June 30, 2015 of $35.7 million, or $0.19 per diluted share. This compares to net income of $29.0 million, or $0.16 per diluted share, for the first quarter of 2015 and $43.5 million, or $0.23 per diluted share, for the second quarter of 2014. Of note, the first and second quarter of 2015 comprised of after-tax merger related expenses of $2.9 million and $783,000, respectively.
Susquehanna Bancshares, Inc. operates as the bank holding company for Susquehanna Bank that provides a range of retail and commercial banking, and financial products and services in the mid-Atlantic region.
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