Stock AnalizM&T Bank (MTB) earnings for the quarter ended September 2026: EPS beats estimates
M&T Bank reported results for the quarter ended September 2026 on October 16, 2026. Adjusted earnings per share came in at $5.04 against the analysts’ average forecast of $4.92, a beat of 2.4%.
Revenue for the quarter was $2.54 billion, up 0.9% from $2.51 billion in the same quarter a year earlier.
The market’s verdict: the stock fell 2.2% on the first trading day after the report.
The last four quarters
M&T Bank has beaten the analysts’ EPS forecast in 4 of the last 4 quarters.
| Quarter | EPS | Forecast | Surprise | Revenue growth | Price reaction |
|---|---|---|---|---|---|
| Sep 2026 | $5.04 | $4.92 | +2.4% | +1% | −2.2% |
| Jun 2026 | $5.32 | $4.66 | +14.1% | +0% | +5.0% |
| Mar 2026 | $4.13 | $4.02 | +2.6% | −1% | −1.6% |
| Dec 2025 | $4.67 | $4.47 | +4.5% | −3% | −0.4% |
What comes next
Analysts expect EPS of $4.98 for the next quarter on average and $19.46 for the fiscal year ending December 31, 2026.
The average analyst price target is $245.93, 11% above the current price of $221.12.
Valuation and score
M&T Bank scores 3.0 out of 5 overall on Stock Analiz (good, with some weak spots), trades at a trailing P/E of about 11.5, and its intrinsic value under moderate assumptions is about 10% below the current market value. Full M&T Bank analysis with 10 years of financials
Frequently asked questions
What was M&T Bank’s EPS for the quarter ended September 2026?
$5.04 adjusted per share, against an analyst consensus of $4.92.
How much revenue did M&T Bank report?
$2.54 billion, up 0.9% year over year.
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This report was written automatically from the published numbers within hours of the release. It is information, not investment advice.