For the quarter ended March 2026, M&T Bank Corporation (MTB) reported revenue of $2.44 billion, up 5.9% over the same period last year. EPS came in at $4.18, compared to $3.38 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.43 billion, representing a surprise of +0.65%. The company delivered an EPS surprise of +3.91%, with the consensus EPS estimate being $4.02.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how M&T Bank performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 58.3% versus the three-analyst average estimate of 59.4%. Average Balance - Total earning assets: $192.59 billion versus the three-analyst average estimate of $193.31 billion. Net interest margin: 3.7% versus the three-analyst average estimate of 3.7%. Net charge-offs to average total net loans: 0.3% versus 0.4% estimated by three analysts on average. Tier 1 Capital Ratio: 11.8% versus the two-analyst average estimate of 12.3%. Service charges on deposit accounts: $139 million versus the three-analyst average estimate of $137.33 million. Total other income: $689 million compared to the $657.92 million average estimate based on three analysts. Trust income: $183 million versus $188.29 million estimated by three analysts on average. Net interest income - taxable-equivalent: $1.76 billion versus $1.77 billion estimated by three analysts on average. Mortgage banking revenues: $127 million compared to the $121.67 million average estimate based on three analysts. Other revenues from operations: $187 million versus the two-analyst average estimate of $161.5 million. Brokerage services income: $35 million versus the two-analyst average estimate of $35.53 million.View all Key Company Metrics for M&T Bank here>>>
Shares of M&T Bank have returned +10.2% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
M&T Bank Corporation (MTB): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).