The company said Net Operating Income for FY2025 was $2.9 billion (+10% year over year) and Net Operating EPS was $17.20 (+16% year over year). Over the same period, Net Interest Margin was 3.67% and the Efficiency Ratio was 56%.

1. 01

   The company said Net Operating Income for FY2025 was $2.9 billion (+10% year over year) and Net Operating EPS was $17.20 (+16% year over year). Over the same period, Net Interest Margin was 3.67% and the Efficiency Ratio was 56%.

2. 02

   M&T said its 2026 taxable-equivalent net interest income is in the range of $7.2 to $7.35 billion, and its fee income in the range of $2.675 to $2.775 billion. It put GAAP expense at $5.5 to $5.6 billion and the CET1 capital ratio at 10.0% to 10.5%.

3. 03

   The company said it raised its quarterly dividend per share from $1.35 to $1.50, a 11% increase in 3Q25, and repurchased 9% of its outstanding shares in 2025. It said the CET1 ratio of 1Q26 was 10.33%.

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. Some paragraphs were omitted because their support in the source could not be confirmed.

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

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