M&T Bank Corporation earnings overview

MTB FY2026 Q2 · Calendar Q3 2026

M&T Bank Corporation

M&T Bank delivered a record Q2 2026, with diluted EPS of $5.35 beating consensus by 14.8% and revenue of $2.53 billion exceeding estimates by 2.8%. The loan portfolio expanded to $141.4 billion as CRE balances rebounded for the first time since 2021, and fee income reached a new high driven by sub-servicing and wealth management. Asset quality continued to improve with net charge-offs falling to 23 basis points, while the CET1 ratio remained strong at approximately 10.2%. Management maintained full-year NII guidance of $7.2-$7.35 billion and introduced two growth initiatives: a CRE Warehouse platform blending balance-sheet and off-balance-sheet origination, and an expanded sub-servicing operation expected to add roughly $35 million in H2 revenue. The stock rose 2.8% on volume 1.8x the baseline.