M&T BANK CORP (MTB) Form 10-Q — Nov 5, 2026
M&T Bank filed its Q3 2026 10-Q reporting net income of $775 million, down 5% from $792 million a year earlier, with diluted EPS of $5.04 versus $4.82 helped by heavy buybacks. Net interest margin slipped to 3.65% as funding costs rose following the FOMC's September 2026 rate hike, and the credit loss provision rose $15 million to $135 million. Nine-month results remained strong: net income of $2,257 million was up 8% year over year and diluted EPS rose 17% to $14.48, aided by higher trust income, $111 million of BLG distributions, and mortgage sub-servicing growth. Total assets reached $220.5 billion with deposits of $167.5 billion.
Key figures
- Eps
- 5.04
- Revenue
- 2536
- Net Income
- 775
- Total Assets
- 220510
- Shares Outstanding
- 143434433
- Total loans musd
- 144756
- Buyback shares q3
- 1300000
- Efficient ratio pct
- 54.4
- Total deposits musd
- 167510
- Nonaccrual loans musd
- 1298
- Nine month diluted eps
- 14.48
- Net interest margin pct
- 3.65
- Q3 2025 net income musd
- 792
- Q3 2026 net income musd
- 775
- Shareholders equity musd
- 28159
- Buybacks nine months musd
- 2017
- Nine month net income musd
- 2257
- Cre concentration pct tier1
- 137
- Q3 diluted eps yoy change pct
- -5
- Cet1 impact of fvo election bps
- 8
- Provision for credit losses q3 musd
- 135
- Nine month diluted eps yoy change pct
- 17
AI analysis
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