M&T Bank Q2 2026 net income $818M, diluted EPS $5.32, record earnings per share

M&T BANK CORP

Net income $818M, diluted EPS $5.32 vs $4.13 in Q1 2026 and $4.24 in Q2 2025.
Net interest income $1,792M, NIM stable at 3.70%; average loans up $3.0B to $141.4B.
Noninterest income $740M, up 8% QoQ, driven by higher trust income and BLG distribution.
Noninterest expense $1,349M, down 6% QoQ on lower salaries and benefits.
Repurchased 2.1M shares for $465M; CET1 ratio estimated 10.19%.

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