M&T Bank Corporation (MTB) Tops Q3 Earnings and Revenue Estimates

Core Insights - M&T Bank Corporation reported quarterly earnings of $4.87 per share, exceeding the Zacks Consensus Estimate of $4.4 per share, and showing an increase from $4.08 per share a year ago, resulting in an earnings surprise of +10.68% [1][2] - The company achieved revenues of $2.51 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 3.13% and up from $2.33 billion year-over-year [2] - M&T Bank has outperformed consensus EPS estimates three times in the last four quarters and has also topped revenue estimates three times during the same period [2] Earnings Outlook - The future performance of M&T Bank's stock will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current consensus EPS estimate for the upcoming quarter is $4.51 on revenues of $2.46 billion, while the estimate for the current fiscal year is $16.51 on revenues of $9.61 billion [7] Industry Context - The Banks - Major Regional industry, to which M&T Bank belongs, is currently ranked in the top 21% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]