M&T Bank reports nearly 10% rise in its Q3 net income

M&T Bank

16/10/2025 10:55

Corrects adjusted EPS in Key Details table to $4.87, from $4.82

Overview

M&T Bank Q3 net income rises to $792 mln, with EPS at $4.82

Net interest income increased to $1.76 bln, reflecting asset and liability repricing

Company repurchased 2.1 mln shares for $409 mln in Q3 2025

Result Drivers

NET INTEREST INCOME - Increased $51 mln due to additional earnings day, favorable repricing, and adjustments related to municipal bonds

NONINTEREST INCOME - Rose due to $28 mln earnout from CIT business sale, $20 mln from BLG investment, and higher mortgage banking revenues

NONINTEREST EXPENSE - Increased due to higher severance costs, renewable energy tax credit impairment, and executive retirement plan expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 ADJUSTED EPS
$4.87
Q3 EPS
$4.82
Q3 Net Income
$792 mln
Q3 Net Interest Income
$1.76 bln
Q3 CET1 Capital Ratio
10.99%
Q3 Net Interest Margin
3.68%
Q3 Provision for Credit Loss
$125 mln


Press Release: ID:nPn3rp4lqa

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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)