M&T Bank Q3 net income falls 5% quarter-on-quarter to $775 million
Bitget2026/10/16 09:32- M&T Bank's third-quarter 2026 net income fell 5% from the previous quarter to $775 million.
- Net interest income rose to $1.79 billion from a year earlier, while noninterest income declined to $743 million.
- Credit-loss provisions increased 13% quarter over quarter to $135 million, while net charge-offs jumped 59% to $127 million.
- Noninterest expense climbed to $1.39 billion from the previous quarter, including higher technology and professional services costs.
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