M&T Bank Posts $759M Quarterly Profit as Shares Climb 1.33% on Strong Loan Growth
M&T Bank delivered a $759 million quarterly profit, with diluted earnings per share reaching $4.67 and full-year EPS at $17.00. The stock ROSE 1.33% to close at $212.57, reflecting market confidence in the bank's core performance.
Loan growth across commercial, residential, and consumer segments offset softness in commercial real estate. Net interest margin expanded to 3.69%, while noninterest income dipped slightly due to lower distributions—though mortgage banking and trust revenues provided stability.
Asset quality improved as nonperforming loans declined. Share buybacks and dividends complemented capital ratios that remained well above regulatory minimums, reinforcing the bank's balanced approach to capital allocation.