News about M&T Bank

M&T Bank reported third-quarter 2026 net income of $775 million, or $5.04 per diluted common share. Average loans rose $2.6 billion, led by $1.6 billion growth in commercial real estate, with consumer loans up $634 million and residential real estate up $367 million. Noninterest income increased on higher residential mortgage banking revenue, partly offset by lower capital markets and advisory revenue and a smaller distribution from its Bayview Lending Group investment. The allowance for loan losses fell 2 basis points to 1.51% of total loans, and the bank repurchased 1.3 million shares for $323 million. Its estimated CET1 capital ratio was 10.16% at September 30, 2026.