M&T Bank (MTB) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$4.65

$4.46$4.96

vs $4.24+9.6%

14 analysts

Next Qtr

$4.88

$4.75$5.05

vs $4.82+1.3%

14 analysts

Current Yr

$18.71

$18.38$19.38

vs $17.00+10.1%

16 analysts

Next Yr

$20.86

$20.20$21.50

vs $18.71+11.5%

16 analysts

Revenue Estimates

Current Qtr

$2.46B

$2.44B$2.50B

vs $2.40B+2.8%

11 analysts

Next Qtr

$2.51B

$2.49B$2.52B

vs $2.51B-0.3%

10 analysts

Current Yr

$9.95B

$9.91B$10.01B

vs $9.69B+2.7%

13 analysts

Next Yr

$10.32B

$10.15B$10.44B

vs $9.95B+3.7%

13 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for MTB on EDGAR.

MTB filing events and research context
Filed	Item	Context
May 5, 2026	mda_quarterly	M&T Bank reported net income of $664 million for the first quarter of 2026, a 13% decrease from the fourth quarter of 2025 but a 14% increase year-over-year. The quarterly decline was driven by two fewer calendar days, seasonal salary increases, and a $15 million rise in the provision for credit losses, which now reflects potential risks from global conflicts and higher unfunded commitment provisions. Net interest margin expanded 2 basis points sequentially to 3.71%, as lower deposit and borrowing costs outpaced declining asset yields. The company’s lending strategy remains focused on reducing its concentration in criticized commercial real estate (CRE) loans, which fell by $400 million during the quarter. Average commercial and industrial loans grew by $1.5 billion, largely within the financial and insurance sector. A significant accounting change occurred January 1, 2026, as M&T transitioned to fair value measurement for residential mortgage servicing rights. This shift, coupled with new economic hedging, impacted mortgage banking revenues and eliminated related amortization expenses. The company maintains a strong liquidity position, with $82 billion in available sources, and recently authorized a new $5 billion share repurchase program. Capital ratios remain robust, with a CET1 ratio of 10.33% at the consolidated level.
Feb 18, 2026	business	M&T is a Category IV Bank Holding Company and Financial Holding Company with $213.5 billion in consolidated assets and $166.9 billion in deposits as of December 31, 2025. Operating primarily in the Northeast and Mid-Atlantic United States, the company provides retail and commercial banking, wealth management, and trust services through M&T Bank and Wilmington Trust, N.A. Specialized offerings include multifamily commercial real estate lending via M&T Realty Capital and equipment financing through LEAF Commercial Capital. M&T is subject to enhanced prudential standards and Basel III capital rules, with its Stress Capital Buffer (SCB) set at 2.7% as of October 2025. Key financial risks include sensitivity to Federal Reserve monetary policy, stringent CFPB consumer protection oversight, and evolving NYSDFS cybersecurity mandates. The company faces intensifying competition from traditional financial institutions and fintech firms utilizing digital assets and stablecoins. Strategically, M&T pursues acquisitions of banks and thrift institutions to expand its geographic reach. Additionally, the company is managing a $194 million FDIC special assessment related to 2023 systemic risk exceptions.
Feb 18, 2026	mda	M&T Bank Corporation reported 2025 net income of $2.85 billion, a 10% increase over 2024. Net interest income on a taxable-equivalent basis rose to $6.99 billion, with the net interest margin widening 9 basis points to 3.67%. The company is strategically reducing its commercial real estate (CRE) concentration, with average CRE loans declining $5.3 billion, while expanding commercial and industrial (C&I) loans by $2.6 billion and consumer loans by $3.1 billion, specifically within recreational finance and automobile lending. Asset quality improved, reflected by a $105 million decrease in the provision for credit losses and a reduction in CRE concentration to 124% of Tier 1 capital plus allowance. Noninterest income increased $315 million, driven by higher mortgage banking revenues and trust income. Funding remains anchored by core deposits, which comprise 78% of earning assets, despite a trend of customer funds shifting from noninterest-bearing to interest-bearing accounts. M&T aggressively returned capital to shareholders, repurchasing 14.3 million shares for $2.66 billion in 2025. Primary risks include interest rate volatility following FOMC cuts and potential CRE credit deterioration stemming from elevated vacancies and refinancing challenges.

Filed

Item

Context

May 5, 2026

mda_quarterly

M&T Bank reported net income of $664 million for the first quarter of 2026, a 13% decrease from the fourth quarter of 2025 but a 14% increase year-over-year. The quarterly decline was driven by two fewer calendar days, seasonal salary increases, and a $15 million rise in the provision for credit losses, which now reflects potential risks from global conflicts and higher unfunded commitment provisions. Net interest margin expanded 2 basis points sequentially to 3.71%, as lower deposit and borrowing costs outpaced declining asset yields. The company’s lending strategy remains focused on reducing its concentration in criticized commercial real estate (CRE) loans, which fell by $400 million during the quarter. Average commercial and industrial loans grew by $1.5 billion, largely within the financial and insurance sector. A significant accounting change occurred January 1, 2026, as M&T transitioned to fair value measurement for residential mortgage servicing rights. This shift, coupled with new economic hedging, impacted mortgage banking revenues and eliminated related amortization expenses. The company maintains a strong liquidity position, with $82 billion in available sources, and recently authorized a new $5 billion share repurchase program. Capital ratios remain robust, with a CET1 ratio of 10.33% at the consolidated level.

Feb 18, 2026

business

M&T is a Category IV Bank Holding Company and Financial Holding Company with $213.5 billion in consolidated assets and $166.9 billion in deposits as of December 31, 2025. Operating primarily in the Northeast and Mid-Atlantic United States, the company provides retail and commercial banking, wealth management, and trust services through M&T Bank and Wilmington Trust, N.A. Specialized offerings include multifamily commercial real estate lending via M&T Realty Capital and equipment financing through LEAF Commercial Capital. M&T is subject to enhanced prudential standards and Basel III capital rules, with its Stress Capital Buffer (SCB) set at 2.7% as of October 2025. Key financial risks include sensitivity to Federal Reserve monetary policy, stringent CFPB consumer protection oversight, and evolving NYSDFS cybersecurity mandates. The company faces intensifying competition from traditional financial institutions and fintech firms utilizing digital assets and stablecoins. Strategically, M&T pursues acquisitions of banks and thrift institutions to expand its geographic reach. Additionally, the company is managing a $194 million FDIC special assessment related to 2023 systemic risk exceptions.

Feb 18, 2026

mda

M&T Bank Corporation reported 2025 net income of $2.85 billion, a 10% increase over 2024. Net interest income on a taxable-equivalent basis rose to $6.99 billion, with the net interest margin widening 9 basis points to 3.67%. The company is strategically reducing its commercial real estate (CRE) concentration, with average CRE loans declining $5.3 billion, while expanding commercial and industrial (C&I) loans by $2.6 billion and consumer loans by $3.1 billion, specifically within recreational finance and automobile lending. Asset quality improved, reflected by a $105 million decrease in the provision for credit losses and a reduction in CRE concentration to 124% of Tier 1 capital plus allowance. Noninterest income increased $315 million, driven by higher mortgage banking revenues and trust income. Funding remains anchored by core deposits, which comprise 78% of earning assets, despite a trend of customer funds shifting from noninterest-bearing to interest-bearing accounts. M&T aggressively returned capital to shareholders, repurchasing 14.3 million shares for $2.66 billion in 2025. Primary risks include interest rate volatility following FOMC cuts and potential CRE credit deterioration stemming from elevated vacancies and refinancing challenges.

Forward Estimates

MTB filing events and research context

Keep researching MTB

Related tickers

Related explainers

Forward Estimates