AI English summary of an SEC filing — figures as filed
M&T Bank MTBM&T Bank said net income for Q2 2026 was $818 million, with diluted earnings per common share of $5.32, compared with net income of $664 million in 1Q26 and $716 million in 2Q25.
Key points
AI summaryM&T Bank said net income for Q2 2026 was $818 million, with diluted earnings per common share of $5.32, compared with net income of $664 million in 1Q26 and $716 million in 2Q25.
The company said noninterest expense for Q2 was $1,349 million, down $89 million from the prior quarter, with an efficiency ratio of 52.8%. It cited seasonal salaries and employee benefits expense recognized in Q1 as a factor in the decline.
M&T Bank said it repurchased 2.1 million shares of common stock for a total cost of $465 million during Q2. Its CET1 capital ratio was estimated at 10.19% as of June 30, down 10.33% from March 31.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. 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.
Q2 Net Income $818 million, Diluted Earnings Per Share $5.32
M&T Bank said net income for Q2 2026 was $818 million, with diluted earnings per common share of $5.32, compared with net income of $664 million in 1Q26 and $716 million in 2Q25.
Source · Based on the filing body and exhibits
Q2 Noninterest Expense $1,349 million, Efficiency Ratio 52.8%
The company said noninterest expense for Q2 was $1,349 million, down $89 million from the prior quarter, with an efficiency ratio of 52.8%. It cited seasonal salaries and employee benefits expense recognized in Q1 as a factor in the decline.
Source · Based on the filing body and exhibits
Q2 Share Repurchase $465 million, CET1 Ratio 10.19%
M&T Bank said it repurchased 2.1 million shares of common stock for a total cost of $465 million during Q2. Its CET1 capital ratio was estimated at 10.19% as of June 30, down 10.33% from March 31.
Source · Based on the filing body and exhibits
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.
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