The company said its 2025 Net Operating Income was $2.9 Billion (+10% YoY), Net Operating EPS was $17.20 (+16% YoY), and Noninterest Income was $2.7 Billion (+13% YoY).

1. 01

   The company said its 2025 Net Operating Income was $2.9 Billion (+10% YoY), Net Operating EPS was $17.20 (+16% YoY), and Noninterest Income was $2.7 Billion (+13% YoY).

2. 02

   M&T reported 2025 Net Interest Margin of 3.67%, Return on Tangible Assets of 1.43%, Return on Tangible Common Equity of 15.36%, and an Efficiency Ratio of 56%, and said non-CRE Loans grew 6% year over year.

3. 03

   The company said Noninterest Income, excluding Securities G/L and Notable Items, was $2,299 in 2023, $2,417 in 2024, and $2,687 in 2025 (in $ millions), and that the 2025 Efficiency Ratio was 56.0%.

4. 04

   The company provided its 2026 outlook, calling for taxable-equivalent net interest income of $7.2 to $7.35 billion, Fee Income of $2.675 to $2.775 billion, GAAP Expense of $5.5 to $5.6 billion, and a CET1 Capital Ratio of 10.25% to 10.5%.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.