M&T Bank 1Q26 net income rises 14% to $664 million
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M&T Bank reported a 14% increase in net income for 1Q26, reaching $664 million. Revenue rose by 3.9% to $2.4 billion, while the net interest margin improved by 0.02 percentage points to 3.71%. The provision for credit losses increased to $140 million, and the CET1 capital ratio was estimated at 10.33%. The quarter also included $1.25 billion in common stock repurchases, with CFO Daryl N. Bible highlighting a successful core general ledger platform conversion.
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