M&T Bank

Q3 FY2026 EarningsMTB.US delivered a solid beat in Q3 FY26, with Diluted EPS of $5.04 vs. $4.93 expected and Net Income of $775M exceeding the $716M consensus. Revenue of $2.54B (including $1.79B Net Interest Income) slightly outpaced the $2.52B forecast, driven by strong average loan growth (+2% QoQ) and resilient noninterest income. While the efficiency ratio rose to 54.4% due to infrastructure investments, credit quality remained stable with criticized loan levels improving, supporting a lower allowance-to-loan ratio of 1.51%.