M&T Bank Corporation (MTB) projects sequential growth in net interest income (NII) and net interest margin (NIM) for Q2 2025, building on trends from Q1 2025. In Q1, NII was $1.70 billion, down 1.7% from Q4 2024 but up 1.2% year-over-year. NIM also expanded to 3.66% from 3.52% a year earlier. MTB anticipates average loans of approximately $135-$137 billion and deposits of $162-$164 billion, influenced by consumer portfolio growth and higher deposit flows.
For full-year 2025, MTB expects NII between $7.05-$7.15 billion and fee income of $2.5-$2.6 billion, driven by strong trust and mortgage-related income. Net charge-offs are projected around 40 basis points of average loans. Q1’s fee income was $611 million, up 6% year-over-year, contributing 26% of total revenues.
In the past year, M&T Bank’s shares have risen 27%, outperforming the industry average gain of 22.5%. The company’s stable capital base and prudent growth strategy provide confidence for its financial outlook.
