M&T Bank Corporation reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. Diluted earnings per common share measured in accordance with generally accepted accounting principles (GAAP) for the fourth quarter of 2016 were $1.98, up 20% from $1.65 in the year-earlier quarter. GAAP-basis net income in the recent quarter aggregated $331 million, 22% higher than $271 million in the fourth quarter of 2015. Diluted earnings per common share and GAAP-basis net income were $2.10 and $350 million, respectively, in the third quarter of 2016. Diluted net operating earnings per common share were $2.01 in the fourth quarter of 2016, compared with $2.09 in the year-earlier quarter and $2.13 in the third quarter of 2016. Net operating income during the recent quarter was $336 million, compared with $338 million in the fourth quarter of 2015 and $356 million in 2016's third quarter. Net interest income was $875.764 million against $807.044 million a year ago. Income before income taxes was $510.120 million against $411.039 million a year ago. For the year ended December 31, 2016, diluted earnings per common share were $7.78, up 8% from $7.18 in 2015. GAAP-basis net income for 2016 aggregated $1.32 billion, 22% higher than $1.08 billion in 2015. For the year ended December 31, 2016, diluted net operating earnings per common share were $8.08, up 4% from $7.74 in 2015. Net operating income in 2016 rose 18% to $1.36 billion from $1.16 billion in 2015. Net interest income was $3,469.887 million against $2,842.587 million a year ago. Income before income taxes was $2,058.398 million against $1,674.692 million a year ago.