---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-016126"
form_type: "8-K"
ticker: "MTB"
cik: "0000036270"
company_name: "M&T BANK CORP"
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:11:43.646085+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# M&T Bank Q1 net income $531M, EPS $3.02; provision for credit losses up to $200M

## Summary
- Net income $531M ($3.02 diluted EPS) vs $702M ($4.01) in Q1 2023; CET1 ratio improved to 11.07%.
- Net interest income (taxable-equivalent) $1.692B, down 8% YoY; net interest margin 3.52% vs 4.04%.
- Provision for credit losses $200M (up 67% YoY); net charge-offs $138M (annualized 0.42% of avg loans).
- Nonaccrual loans $2.3B, up 6% from prior quarter; allowance for credit losses 1.62% of loans.
- Expenses $1.396B included $29M incremental FDIC special assessment; efficiency ratio 60.8%.

## SEC filing metadata
- accession: 0001628280-24-016126
- form_type: 8-K
- ticker: MTB
- cik: 0000036270
- company_name: M&T BANK CORP
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36270/000162828024016126/0001628280-24-016126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36270/000162828024016126/mbt-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-016126
- JSON: https://secwatch.observer/filing/0001628280-24-016126.json
- Plain text: https://secwatch.observer/filing/0001628280-24-016126.txt

## Key facts
- Earnings Releases
  M&T BANK CORP reported the quarter ended March 31, 2024 results: net income $531 million, EPS $3.02 of diluted earnings per common share.
  - Period: the quarter ended March 31, 2024
  - Net income: $531 million
  - EPS: $3.02 of diluted earnings per common share
  - Result: reported results
  source text: M&T Bank Corporation ("M&T" or "the Company") reports quarterly net income of $531 million or $3.02 of diluted earnings per common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/36270/000162828024016126/0001628280-24-016126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.