M&T Bank Corp

MTB: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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M&T Bank Earnings: Strong Fee Income Growth and Positive Operating Leverage

Maoyuan Chen

Oct 16, 2025

M&T Bank delivered strong results, with fee income increasing by 24% annually. Adjusted earnings per share came in at $4.87, up 19% from the prior-year quarter. The results translate into a solid adjusted return on tangible common equity of 17.1%.

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M&T Bank Corp

M&T Bank Earnings: Strong Fee Income Growth and Positive Operating Leverage

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