---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-032163"
form_type: "8-K"
ticker: "MTB"
cik: "0000036270"
company_name: "M&T BANK CORP"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:56:22.104006+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# M&T Bank Corporation reports Q2 2024 net income of $655M, diluted EPS $3.73

## Summary
- Net interest margin widened to 3.59% from 3.52% in Q1 2024, driven by higher investment securities yields.
- CET1 capital ratio increased to an estimated 11.44%, up 36 basis points from 11.08% at March 31, 2024.
- Nonaccrual loans declined 12% to $2.024 billion from $2.302 billion in the prior quarter.
- Provision for credit losses was $150 million, down from $200 million in Q1 2024, reflecting lower criticized commercial real estate loans.
- Issued $750 million par value of Perpetual 7.5% Non-Cumulative Preferred Stock (Series J) in May 2024.

## SEC filing metadata
- accession: 0001628280-24-032163
- form_type: 8-K
- ticker: MTB
- cik: 0000036270
- company_name: M&T BANK CORP
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36270/000162828024032163/0001628280-24-032163-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36270/000162828024032163/mbt-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-032163
- JSON: https://secwatch.observer/filing/0001628280-24-032163.json
- Plain text: https://secwatch.observer/filing/0001628280-24-032163.txt

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