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M&T Bank Corp at RBC Global Financial Institutions Conference Transcript
Good morning. This is Gerard Cassidy from RBC Capital Markets. Welcome, everybody, to the 2020 RBC Capital Markets Global Financial Institutions Conference. Obviously, it's a virtual conference with what's going on today with the coronavirus.
Joining us for this fireside chat is M&T Bank Corporation. And with us from M&T includes René Jones, the Chief Executive Officer; and Darren King, Executive Vice President and Chief Financial Officer. As many of you know, M&T is headquartered up in Buffalo, New York. The asset size of the company is just about $120 billion. They have a market cap of over $14 billion. And as they've done for many, many years, it's a very profitable institution with an ROA of about 161 basis points in 2019 and an ROE of 13 -- over 13%.
So again, thank you, both René and Darren, for joining us.
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