It looks like M&T Bank (MTB) pulled off a very attractive acquisition of Hudson City (HCBK).  The acquisition will be accretive to capital ratios, tangible book, and GAAP operating earnings per share.  The low interest rate environment has hurt Hudson City but this acquisition will fill a whole in M&T Bank’s regional footprint.  I think...Read More

Robert Wilmers is the respected CEO of M&T Bank (MTB) which is one of the best run banks in the United States.  M&T focuses on traditional lending activities and has a sterling record in underwriting good loans.  In his most recent shareholder letter Wilmers makes many salient points, and add some rather scathing commentary on...Read More