M&T Bank Q2 FY26 net income rises 23% to $818 million - MTB News | RalliesM&T Bank Q2 FY26 net income rises 23% to $818 million
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MTB• Capital return
- M&T Bank repurchased 2.1 million shares for $465 million.
Second-quarter results
- M&T Bank posted 2Q26 net income of $818 million, or $5.32 per diluted share, up 23% from 1Q26.
- Net interest income rose 2% from 1Q26 to $1.79 billion; taxable-equivalent net interest income increased 2% to $1.8 billion.
- Noninterest income climbed 8% from 1Q26 to $740 million, while noninterest expense dropped 6% to $1.35 billion.
Credit and balance sheet trends
- Provision for credit losses fell 14% from 1Q26 to $120 million; net charge-offs declined 23% to $80 million.
- Average loans increased 2% from 1Q26 to $141.43 billion.
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