Filing Flows › M&T Bank (MTB) › Operating margin
M&T Bank (MTB) operating margin by quarter
M&T Bank's operating margin was 39.7% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026. Over the last 7 quarters it ranged from 33.0% (Q1 2025) to 42.0% (Q2 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 39.7% | -2.2 pts | -1.0 pts |
| Q2 2026 | 42.0% | +6.6 pts | +3.0 pts |
| Q1 2026 | 35.4% | -3.9 pts | +2.4 pts |
| Q4 2025 | 39.2% | -1.6 pts | — |
| Q3 2025 | 40.8% | +1.8 pts | — |
| Q2 2025 | 39.0% | +6.0 pts | — |
| Q1 2025 | 33.0% | — | — |
Q3 2026 at a glance
M&T Bank, Q3 2026: revenue $2.5B (+0.9% year over year), operating margin 39.7%, net earnings $775M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is M&T Bank's operating margin?
M&T Bank's operating margin was 39.7% in Q3 2026 (third quarter 2026), -2.2 pts from Q2 2026.
How has M&T Bank's operating margin changed?
Over the last 7 quarters it ranged from 33.0% (Q1 2025) to 42.0% (Q2 2026).