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M&T Bank Corporation (NYSE:MTB) announces third quarter 2026 results

$MTBPress releaseOct 16, 2026, 5:30 AM ETRead the release

M&T Bank reported Q3 2026 net income of $775 million, or $5.04 diluted EPS — up 5% from $4.82 a year earlier but down 5% from $5.32 in the second quarter. Net interest margin slipped to 3.65% from 3.70% in Q2 as deposit costs rose, while average loans grew $2.6 billion and credit remained stable with net charge-offs at 0.35% and nonaccrual loans down 14% year-over-year.

Key figures

Eps
5.04
Revenue Yoy
0
Nim
3.65%
Avg loans
143296000000
Cet1 ratio
10.16%
Net income
775000000
Avg deposits
166777000000
Net income qoq
-5%
Net income yoy
-2%
Buyback cost q3
323000000
Dividends common
217000000
Efficiency ratio
54.4%
Total assets avg
218860000000
Buyback shares q3
1300000
Noninterest income
743000000
Noninterest expense
1393000000
Net charge off ratio
.35%
Provision for credit losses
135000000
Net interest income taxable equivalent
1805000000

AI analysis

Red flags3 · Pro

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    MTB: M&T Bank Corporation (NYSE:MTB) announces third quarter 2026 results — AI Analysis | Signal8