M&T Bank (MTB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - M&T Bank Corporation reported $2.4 billion in revenue for Q2 2025, a year-over-year increase of 4.1% and an EPS of $4.28 compared to $3.79 a year ago, exceeding Zacks Consensus Estimates [1] - The company achieved a revenue surprise of +0.27% and an EPS surprise of +5.94% compared to consensus estimates [1] Financial Performance Metrics - Efficiency Ratio was 55.2%, better than the estimated 56.2% [4] - Net charge-offs to average total net loans stood at 0.3%, lower than the estimated 0.4% [4] - Net interest margin was 3.6%, slightly below the estimated 3.7% [4] - Average Balance of Total earning assets was $190.54 billion, compared to the estimated $191.75 billion [4] - Tier 1 Capital Ratio was 12.5%, below the estimated 13% [4] - Total Capital Ratio was 14%, compared to the estimated 14.6% [4] - Total other income reached $683 million, exceeding the estimated $640.96 million [4] - Net interest income - taxable-equivalent was $1.72 billion, below the estimated $1.76 billion [4] - Service charges on deposit accounts were $137 million, slightly above the estimated $135.87 million [4] - Trust income was $182 million, close to the estimated $182.67 million [4] - Mortgage banking revenues were $130 million, slightly above the estimated $128.02 million [4] - Net Interest Income was $1.71 billion, compared to the estimated $1.75 billion [4] Stock Performance - M&T Bank shares returned +10.6% over the past month, outperforming the Zacks S&P 500 composite's +4.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]