M&T Bank: Robust Performance In Q1

M&T Bank (MTB) delivered a strong Q1, with EPS of $4.13 and revenue up 6% year-over-year, exceeding expectations. MTB achieved net interest margin expansion to 3.71%, driven by asset yields rising faster than funding costs, and issued robust 2026 net interest income guidance. Loan growth was led by commercial, residential, and consumer segments, while asset quality remained resilient with declining non-accrual loans and stable charge-offs.