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M&T Bank MTB Retail Bank — Net Interest Income

Other segment segments

Commercial Bank
$535M+1.1%
Institutional Services and Wealth Management
$156M-8.8%
All Other
$111M+383%

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PNCRetail Banking — Net interest income (a)(b)
$3.2B+12.8%
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FHBRetail Banking Business — Interest Income Expense Net
$130.12M+2.9%
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PNCRetail Banking — Net Income
$1.33B+17.4%
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$143.12M+35.3%
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BUSEBanking — Net Interest Income
$156.03M+44.7%

Other financials

Income statement

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Revenue$2.4B+5.9%
Net income$664.0M+13.7%
EPS (diluted)$4.13+24.4%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$28.0B-3.5%
Total assets$214.74B+2.1%

Cash flow

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Operating cash flow$1.0B+59.4%
CapEx$96.0M+284%
Free cash flow$916.0M+50.2%

Valuation

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Market cap$34.86B+12.2%
Enterprise value$45.33B-0.1%
P/E11.9×+0.4×
P/S3.6×+0.3×

Profitability

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Net margin29.8%+1.5pp
FCF margin32.2%-5.2pp

Returns & leverage

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Return on equity10.3%+0.9pp
Debt / equity+0.5×

Where this comes from

Reported directly by M&T Bank in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNet.

The official record: M&T Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's retail bank — net interest income?
M&T Bank (MTB) reported retail bank — net interest income of $950M in Q1 2026.
How has M&T Bank's retail bank — net interest income changed year-over-year?
M&T Bank's retail bank — net interest income decreased by 2.3% year-over-year, from $972M to $950M.
What is the long-term trend for M&T Bank's retail bank — net interest income?
Over 4 years (2021 to 2025), M&T Bank's retail bank — net interest income has grown at a 19.6% compound annual growth rate (CAGR), from $1.93B to $3.95B.
What does retail bank — net interest income mean?
Net interest income for the retail banking segment is the difference between the interest earned on loans and other interest-earning assets and the interest paid on deposits and other liabilities. It serves as the primary driver of profitability for the retail segment, reflecting the spread between lending and funding costs. This metric is highly sensitive to interest rate environments and the bank's asset-liability management strategy.