Six Months Price Performance So what is driving the stock? Let's take a look at M&T Bank's key metrics: The company's net interest income has witnessed growth every year since the financial crisis with support from rising earning assets. It recorded a compound annual growth rate (CAGR) of nearly 9.8% over the last five years (ended 2019). We expect growth in interest income in the near term as well, on the back of a decent lending scenario. Also, revival of mortgage banking as a result of rise in refinancing activities and origination volume, and improved trading environment are expected to support M&T Bank's top-line expansion. Over the last three years (ended 2019), it witnessed a CAGR of 5.5% M&T Bank's decent liquidity position has enabled it to impress investors with steady capital deployment activities. In November 2019, the company increased its quarterly common stock cash dividend by 10%.