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M&T Bank profit rises on higher net interest income
M&T Bank posted higher fourth-quarter profit, boosted by growth in its net interest income and net interest margin. The company reported net income of $759 million, up from $681 million the year ...
mREITs finance real estate by originating or buying mortgages and MBS, distributing 90% of income as dividends. Interest rate changes can significantly impact mREIT profitability by affecting funding ...
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