BUFFALO, N.Y. — All the warning signs are there: falling earnings, rising regulatory costs and a big merger deal that will be more than two years old before it gets done — if it gets done.

But M&T Bank (MTB) Chief Executive Robert Wilmers stuck by his long pending acquisition of Hudson City Bancorp (HCBK) at M&T's annual meeting Tuesday.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.