M&T Bank reports Q2 2026 net income of $818 million, or $5.32 per diluted share
M&T Bank Corporation reported second quarter 2026 net income of $818 million, up 14% from $716 million a year earlier, and diluted earnings of $5.32 per share, up from $4.24. The company said the results reflect strong contributions from its commercial, retail, institutional services and wealth management businesses, and it repurchased $465 million of its common stock during the quarter.
Key points
- Net income of $818 million vs. $716 million in Q2 2025 and $664 million in Q1 2026
- Diluted earnings per share of $5.32, vs. $4.24 in Q2 2025 and $4.13 in Q1 2026
- Net operating income of $823 million; net interest margin steady at 3.70%
- Provision for credit losses fell to $120 million from $140 million in Q1 2026; nonaccrual loans were $1.2 billion at June 30, 2026
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.