Net Interest Income Growth
Net interest income on a taxable-equivalent basis rose 4.5% to $1.82 billion, primarily due to loan growth and higher yields on interest-earning assets, partially offset by increased funding costs.
M&T BANK CORP is expected to release its Q3 2026 10-Q filing on October 16, 2026. Last quarter: 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.
EPS Estimate
$5.00
Revenue Estimate
$2.56B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the MTB page.
Drawn from management commentary in the Q2 2026 10-Q:
Net interest income on a taxable-equivalent basis rose 4.5% to $1.82 billion, primarily due to loan growth and higher yields on interest-earning assets, partially offset by increased funding costs.
Other income increased 8.3% to $740 million, reflecting higher trust income and service charges on deposit accounts, as well as gains from mortgage banking.
Nonperforming loans declined to 0.84% of total loans from 0.90% at year-end 2025, and net charge-offs annualized were 0.22% of average loans, down from 0.31% a year ago.
Revenue
$442M
+6.00% YoY
EPS (Diluted)
$5.32
+25.47% YoY
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