M&T Bank Corporation (MTB) reported third-quarter 2026 net income of $775 million, or $5.04 per diluted common share, compared with $818 million, or $5.32 per diluted share, in the second quarter.
Net interest income was $1.793 billion and noninterest income was $743 million. The company reported average loans of $143.296 billion and repurchased 1.3 million common shares for $323 million during the quarter.
- Basic earnings per common share were $5.08; diluted earnings were $5.04.
- Provision for credit losses was $135 million, compared with $120 million in the prior quarter.
- Noninterest expense totaled $1.393 billion, up $44 million from the second quarter.
- Average deposits were $166.777 billion, while average loans increased $2.646 billion from the prior quarter.
- The estimated CET1 capital ratio was 10.16% at September 30, 2026.
