M&T Bank (MTZ) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 15, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

3.95

Last Year’s EPS

3.6

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 15 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 15, 2026|

% Change Since:

Earnings Call Sentiment|Neutral

The call presents a balanced picture: meaningful positives include fee income momentum (13% YoY), strong commercial loan growth, notable improvement in asset quality (more than $700M reduction in criticized loans and net charge-offs falling to 31 bps), robust liquidity and a $1.25B share buyback. Offsetting these strengths are quarter-over-quarter declines in GAAP and operating EPS and net income, a modest decline in taxable-equivalent NII (‑2%), weaker mortgage banking revenues, a 3% drop in CRE balances (seasonally soft early in the quarter), and higher noninterest expenses that widened the efficiency ratio to 58.3%. Management reiterated unchanged full-year guidance and emphasized disciplined capital and underwriting. Overall, the positives and negatives are relatively balanced, with cautious optimism about sustaining performance while remaining selective on growth.

Company Guidance

M&T reiterated full‑year guidance calling for taxable‑equivalent net interest income of about $7.2 billion–$7.35 billion (implying a NIM in the high 3.60s), a taxable‑equivalent tax rate of ~24%, and expects fee income and noninterest expense to trend toward the top of their previously disclosed ranges while managing PPNR within January guidance; management said it is moving to the bottom end of its CET1 range (~10%) after Q1’s $1.25 billion buyback (over 3.5% of shares outstanding) but can accrete roughly 25 bps of CET1 in a quarter without repurchases, plans to add mortgage subservicing in H2 with an annual run‑rate of $30–$40 million at ~50% margin, and noted a 56% interest‑bearing deposit beta since the start of the rate‑cutting cycle.

Net Interest Margin Expansion

NIM expanded 2 basis points quarter-over-quarter to 3.71%, driven by fixed-rate asset repricing, remixing cash into securities, deposit pricing discipline, and favorable swap portfolio impacts.

Fee Income Momentum (Year-over-Year)

Fee income grew 13% versus 2025, with solid year-over-year growth across fee categories and momentum expected to continue into the year.

Commercial Loan Growth

Average C&I loans rose $1.5 billion from the prior quarter to $63.8 billion; total average loans and leases increased $800 million to $138.4 billion, reflecting strength in middle market, business banking, and specialty businesses.

Material Improvement in Asset Quality

Criticized loans declined by more than $700 million (from $7.3 billion to $6.6 billion) versus December; net charge-offs fell to $105 million (31 bps) from 54 bps in the linked quarter; nonaccrual loans decreased slightly to $1.2 billion and the allowance for loan losses remained unchanged at 1.53% of total loans.

Capital Return and Liquidity Actions

Executed $1.25 billion in share repurchases (representing over 3.5% of shares outstanding as of 2025); securities and cash at the Fed totaled $53.1 billion (25% of total assets); estimated LCR approximately 107%, above regulatory minimums.

Investment Portfolio Movement

Average investment securities increased $1.1 billion to $37.8 billion; yield on investment securities rose 9 basis points to 4.26%; portfolio duration ~3.8 years with a $9 million unrealized pre-tax gain on AFS securities.

Clear and Intact Outlook

Full-year expectations unchanged: NII targeted at ~$7.2B–$7.35B (NIM in the high 3.60s), taxable-equivalent tax rate ~24%, and management expects fee income and expenses to trend toward the top of their ranges.

Mortgage Subservicing Growth Opportunity

Management expects additional subservicing to come on in H2 with an annual revenue run rate of roughly $30 million–$40 million at about a 50% margin, providing a high-quality, recurring fee stream.

M&T Bank (DE:MTZ) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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DE:MTZ Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 15, 2026	2026 (Q2)	3.95 / -	3.601	―	―	―
Apr 15, 2026	2026 (Q1)	3.41 / 3.51	2.82	24.40% (+0.69)
Jan 16, 2026	2025 (Q4)	3.80 / 3.97	3.279	20.98% (+0.69)
Oct 16, 2025	2025 (Q3)	3.76 / 4.09	3.415	19.90% (+0.68)
Jul 16, 2025	2025 (Q2)	3.39 / 3.60	3.168	13.67% (+0.43)
Apr 14, 2025	2025 (Q1)	2.89 / 2.82	2.565	9.93% (+0.25)
Jan 16, 2025	2024 (Q4)	3.14 / 3.28	2.327	40.88% (+0.95)
Oct 17, 2024	2024 (Q3)	3.09 / 3.41	3.381	1.01% (+0.03)
Jul 18, 2024	2024 (Q2)	2.98 / 3.17	4.289	-26.14% (-1.12)
Apr 15, 2024	2024 (Q1)	2.55 / 2.57	3.406	-24.69% (-0.84)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

DE:MTZ Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 15, 2026	€187.20	€186.10	-0.59%
Jan 16, 2026	€178.13	€178.48	+0.20%
Oct 16, 2025	€158.45	€155.74	-1.71%
Jul 16, 2025	€170.95	€164.99	-3.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.