M&T Bank ($MTB) Q1 Revenue Slightly Above Estimates; EPS Up YoY

M&T Bank (NYSE: MTB) reported its first-quarter results before market open.

The bak generated adjusted earnings of $4.18 per share, surpassing the consensus estimate of $4.01. This compares to $3.38 per share in the same period last year.

Revenue for the quarter reached $2.44 billion, slightly exceeding the expected $2.43 billion. This marks an increase from $2.31 billion in the prior year period.

“Daryl N.Bible, M&T’s Chief Financial Officer” said: “M&T continued to produce strong operating results and return capital to its shareholders in the recent quarter while investing in its businesses and expanding its operational capabilities in support of our strategic objectives of operational excellence and teaming for growth to meet the needs of our customers and make a difference in people’s lives.”

Fourth quarter net interest margin widened 2 basis points from the fourth quarter of 2025 to 3.71 percent in the recent quarter.