M&T Bank (MTB) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $5.04
- Estimate
- $4.92
- Surprise
- +2.4%
- Score at report (before → after)
- 5.8 → 5.8/10
Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.
How the report landed
M&T Bank (MTB) beat the $4.92 estimate with adjusted EPS of $5.04 — a modest 2.4% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.8/10) to Hold at 5.8/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MTB Sell at 4.9/10.
4 of the last 4 quarters beat the estimate; this quarter's +2.4% surprise compares with a +5.9% four-quarter average. Next scheduled report: 2027-01-19.
What supports the rating
- Sector modifier (Financial Services): +1.0
- Strong earnings beat streak (4/4)
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.2)
- Negative news sentiment (-0.75)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $223.80
- Stop
- $214.52
At 11.5× trailing and 10.4× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
MTB at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Banks - Regional
- Market cap
- $31.64B
- P/E (fwd)
- 10.4
- P/E (ttm)
- 11.5
- 52-week range
- $179.32–$255.95
- Off 52-week high
- 12.6%
- RSI (14)
- 61
- Volume vs avg
- 0.01×
- Score today
- 4.9/10