M&T Bank posted Q1 2026 adjusted EPS $4.18, beating consensus $4.01, with revenue $2.44bn surpassing $2.43bn forecast.
Net income rose 14% YoY to $664m, GAAP EPS $4.13, while NIM expanded to 3.71% from 3.66% prior year quarter.
The bank repurchased $1.25bn of common stock (5.5m shares), causing CET1 ratio to fall to 10.33% from 10.84%.
Average loans grew 1% QoQ to $138.4bn, provision for credit losses $140m, net charge‑offs 0.31% of loans, nonaccrual loans fell to $1.24bn.