M&T Bank Reports 17% Earnings Growth, Shifts Capital Strategy

M&T Bank reported that its year-to-date net operating earnings per share increased 17% compared to the prior year during its third-quarter 2026 earnings call. The bank also announced the transfer of $8.3 billion of residential mortgage-backed securities from available-for-sale to held-to-maturity to protect capital from potential regulatory changes. Furthermore, customer deposit growth allowed M&T Bank to reduce its reliance on short-term wholesale borrowings by $2.8 billion during the quarter.

The bank's strategic moves reflect a focus on protecting tangible capital and maintaining funding stability. By shifting securities and increasing customer deposits, M&T Bank is positioning itself to absorb regulatory shifts while continuing to fund loan growth.