Every material Form 8-K M&T Bank filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
M&T Bank reported third quarter 2023 net income of $690 million, or $3.98 per diluted share, down from $867 million and $5.05 in the second quarter but up from $647 million and $3.53 a year earlier. The sequential drop mainly reflects a $225 million gain on the sale of its Collective Investment Trust business in the second quarter, and the company did not repurchase any shares in the quarter.
Net income $690 million vs. $867 million in Q2 2023 and $647 million in Q3 2022
Diluted EPS $3.98 vs. $5.05 in Q2 2023 and $3.53 in Q3 2022; diluted net operating EPS $4.05, up 6% from $3.83 a year earlier
Net interest margin narrowed to 3.79% from 3.91% in Q2 2023; nonaccrual loans fell to 1.77% of loans from 1.83%
Estimated CET1 capital ratio rose to 10.94% from 10.59%; no share repurchases in Q3 2023
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every M&T Bank filing is on SEC EDGAR ↗. 8-K briefs of other companies →