NYSE$MTB
M&T Bank Corporation · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
M&T Bank Corporation reported net income of $818 million or $5.32 diluted EPS for the second quarter of 2026.
M&T Bank Corporation achieved record diluted earnings per share of $5.32 in Q2 2026, with net income of $818 million. Taxable-equivalent net interest income rose 2% sequentially to $1.804 billion due to loan growth and an extra calendar day, while noninterest income increased 8% to $740 million driven by higher trust income and BLG distributions. The efficiency ratio improved to 52.8% and CET1 capital ratio stood at an estimated 10.19%.
- Record diluted EPS of $5.32 and net operating EPS of $5.35
- Net interest margin stable at 3.70% with average loans up $3.0 billion
- Noninterest expense declined 6% sequentially; efficiency ratio improved to 52.8%
- Repurchased 2.1 million shares for $465 million; CET1 ratio estimated at 10.19%
Headline financials
Revenue & EPS history
M&T Bank · Revenue · Quarterly
$2.53B
Revenue by segment
M&T Bank · $738M total across 6 segments · Q2 2026
- Other revenues from operations$213M—28.9%
- Trust income$197M—26.7%
- Service charges on deposit accounts$144M—19.5%
- Mortgage banking revenues$127M—17.2%
- Brokerage services income$35M—4.7%
- Trading account and other non-hedging derivative gains$22M—3.0%
Forward guidance
No explicit numerical forward guidance provided.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports
+0.6%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.2%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+9.7%
Q1 2022
Best reaction
-14.8%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q4 2025 | +0.2% | -0.4% | -7.0% | |
| Q1 2026 | +0.6% | -0.4% | -7.0% | |
| Q3 2025 | -3.5% | -1.8% | +1.0% | |
| Q2 2025 | +0.4% | -1.5% | +2.9% | |
| Q1 2025 | +0.3% | +1.4% | +17.4% | |
| Q4 2024 | -2.0% | -1.3% | -1.0% | |
| Q3 2024 | +4.3% | +2.5% | +13.4% | |
| Q2 2024 | +0.4% | +4.6% | -0.9% | |
| Q1 2024 | +2.1% | +6.6% | +14.9% | |
| Q4 2023 | +6.4% | +8.3% | +5.6% | |
| Q3 2023 | -3.8% | -10.3% | +1.9% | |
| Q2 2023 | +2.8% | +3.7% | -5.3% | |
| Q1 2023 | +7.8% | +6.4% | +2.9% | |
| Q4 2022 | +5.4% | +6.3% | +9.7% | |
| Q3 2022 | -14.8% | -13.8% | -9.9% | |
| Q2 2022 | +2.7% | +4.7% | +14.6% | |
| Q1 2022 | +9.7% | +7.4% | +0.4% | |
| Q4 2021 | -9.0% | -6.4% | +3.7% | |
| Q3 2021 | +5.4% | +4.9% | +3.8% | |
| Q2 2021 | -4.5% | -2.1% | +0.5% | |
| Q1 2021 | -2.7% | -0.5% | +5.4% | |
| Q4 2020 | -0.4% | -4.5% | +4.3% | |
| Q3 2020 | +7.2% | +0.3% | +19.2% | |
| Q2 2020 | +1.6% | -0.6% | -0.9% | |
| Q1 2020 | -0.8% | -0.4% | -8.9% | |
| Q4 2019 | +5.9% | +5.5% | +4.1% | |
| Q3 2019 | -4.2% | -1.6% | +3.2% | |
| Q2 2019 | -4.4% | -4.6% | -13.4% | |
| Q1 2019 | +0.3% | -0.8% | -3.8% | |
| Q4 2018 | +7.2% | +7.9% | +11.6% | |
| Q3 2018 | +1.3% | -0.5% | +6.5% | |
| Q2 2018 | +2.5% | +3.6% | +4.7% | |
| Q1 2018 | -3.1% | -0.9% | +0.6% | |
| Q4 2017 | +5.3% | +5.4% | +6.9% | |
| Q3 2017 | -1.1% | +0.5% | -2.2% | |
| Q2 2017 | -3.1% | -3.1% | -7.3% | |
| Q1 2017 | +2.6% | +4.0% | +5.8% | |
| Q4 2016 | +1.5% | +3.2% | +8.6% | |
| Q3 2016 | +3.1% | +3.2% | +22.5% | |
| Q2 2016 | -5.1% | -4.5% | -0.9% | |
| Q1 2016 | +2.6% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | -2.6% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +1.8% | — | — | |
| Q4 2013 | -2.5% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -1.8% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | +7.7% | — | — | |
| Q2 2012 | +4.0% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2007 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q4 2009 | -2.1% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q1 2009 | +5.0% | — | — | |
| Q1 2010 | -0.2% | — | — | |
| Q3 2009 | +3.1% | — | — | |
| Q3 2008 | +3.1% | — | — | |
| Q4 2008 | +2.7% | — | — | |
| Q2 2009 | +2.7% | — | — | |
| Q2 2008 | +2.7% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro