Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
M&T Bank delivered strong Q1 2026 results with net income rising 13.7% YoY to $664M and EPS surging 24.4% to $4.13 diluted, driven by robust operating cash flow of $1.01B and disciplined capital management including $1.24B in share buybacks.
Revenue
$418M
+5.29% YoY
EPS (Diluted)
$4.13
+24.40% YoY
Source: SEC XBRL
M&T Bank (MTB) reported Q1 FY2026 revenue of $418M, up 5.3% year over year. Operating cash flow was $1.01B, up 59.4% year over year. MTB's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 4 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 5.32 | 4.71 | Beat +13.0% |
| Mar 2026This filing | 4.13 | 4.05 | Beat +2.0% |
| Dec 2025 | 4.67 | 4.52 | Beat +3.4% |
| Sep 2025 | 4.82 | 4.47 | Beat +7.8% |
Reported EPS of $4.13 versus the $4.05 analyst consensus — a +2.0% beat for Mar 2026.
Compiled by AI from this SEC filing
Net income increased 13.7% YoY to $664M in Q1 2026 from $584M in Q1 2025, while diluted EPS jumped 24.4% to $4.13 from $3.32, reflecting both improved profitability and a reduced share count from aggressive buyback activity.
Source: 10-Q Income Statement
Revenue grew 5.3% YoY to $418M from $397M, indicating steady top-line expansion in the banking business, though the pace of revenue growth was outpaced by net income growth, suggesting meaningful operating leverage or non-operating gains.
Source: 10-Q Income Statement
Operating cash flow rose 59.4% YoY to $1.01B from $635M, a significant improvement that signals stronger underlying earnings quality and cash generation capacity relative to the prior year period.
Source: 10-Q Cash Flow Statement
Share buybacks totaled $1.24B in Q1 2026, up 88.7% from $656M in Q1 2025, contributing meaningfully to EPS accretion and reflecting management's confidence in the bank's capital position, though it also contributed to a 3.5% YoY decline in stockholders' equity to $27.97B.
Source: 10-Q Cash Flow Statement & Balance Sheet
Total assets grew 2.1% YoY to $214.7B while total liabilities increased at a faster pace of 3.0% to $186.8B, and long-term debt rose 6.5% to $11.2B, indicating the bank is funding growth partly through increased borrowings.
Source: 10-Q Balance Sheet
Compiled by AI from this SEC filing · 2 high, 3 medium, 0 low
M&T Bank's debt-to-equity ratio stands at 6.68x, reflecting the inherently leveraged nature of banking but also highlighting sensitivity to interest rate changes and credit market conditions. The 6.5% YoY increase in long-term debt to $11.2B alongside declining stockholders' equity amplifies this leverage. Any deterioration in asset quality or rising funding costs could pressure capital adequacy.
Source: 10-Q Balance Sheet
Stockholders' equity fell 3.5% YoY to $27.97B from $28.99B, driven in part by the $1.24B in share repurchases. While buybacks are accretive to EPS, sustained equity reduction could constrain the bank's regulatory capital buffers and limit future flexibility. This trend warrants monitoring against evolving capital requirement frameworks.
Source: 10-Q Balance Sheet & Cash Flow Statement
Investing cash flow was -$4.32B in Q1 2026, a dramatic deterioration from -$349M in Q1 2025, representing a 1,139% increase in net cash used. This suggests significant capital deployment into securities or loan portfolios, which could expose the bank to duration or credit risk depending on the nature of the investments.
Source: 10-Q Cash Flow Statement
With revenue of only $418M against total assets of $214.7B, the reported revenue figure likely represents non-interest income or a subset of total revenues, suggesting the bank's profitability is highly sensitive to net interest margin fluctuations driven by Federal Reserve rate policy. Any rate cuts could compress margins and reduce net income.
Source: 10-Q Income Statement & Balance Sheet
Financing cash flow declined 47.5% YoY to $891M from $1.70B, indicating reduced net inflows from debt issuance or deposit growth relative to the prior year. Combined with elevated buybacks, this could signal tightening liquidity conditions if deposit growth slows further.
Source: 10-Q Cash Flow Statement
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $M | 418.00 $M | 397.00 $M | +5.29% |
Net Income $M | 664.00 $M | 584.00 $M | +13.70% |
EPS (Basic) $ | 4.16 $ | 3.33 $ | +24.92% |
EPS (Diluted) $ | 4.13 $ | 3.32 $ | +24.40% |
Answers draw on this SEC filing and the data on this page
M&T Bank's Q2 FY2026 diluted EPS surged 25.5% to $5.32, fueled by higher net interest income, effective tax management, and a reduced share count from buybacks.
M&T Bank (MTB) delivered solid FY2025 results with revenue up 7.5% to $1.66B, net income rising 10.2% to $2.85B, and EPS surging 16.2% to $17.10, while the bank aggressively returned capital through $2.63B in share buybacks.
Other companies in Regional Banks