Taylor John R. sold $309K of MTB

Reports say Metro Bank is considering a bid for Aldermore Bank in a deal potentially worth about £2bn. Aldermore was put up for sale by FirstRand after it said the FCA motor finance compensation scheme was “disproportionate and unfair.” Other lenders reportedly include Shawbrook Group and Lloyds Banking Group. Metro Bank and Aldermore declined to comment.

The article says banks face a tradeoff between loan growth and net interest margin (NIM). Atlantic Union Bankshares grew loans by $727M in Q2 and adjusted 2026 NIM guidance to 3.9% to 3.95% from 3.9% to 4.0%, citing higher deposit costs. It also notes KeyCorp and M&T Bank expect some NIM compression to fund loan growth.

M&T Bank (NYSE: MTB) reported second-quarter results on July 15: revenue of $2.53 billion (+5.7% YoY) and record EPS of $5.35 (+25% YoY), beating analysts by $0.66. Net income rose to $818 million (+14.2%). Loans increased to $141.4 billion, NIM held at 3.70%, and credit losses improved. Shares are up over 23% YTD.

M&T Bank (M&T) reported its highest quarterly diluted EPS in company history, citing strong non-acquisition loan growth and improving asset quality. CRE balances returned to growth, while C&I lines mostly grew. Management guided full-year NII to $7.2B-$7.35B (lower half) and fee income to $2.8B-$2.85B, with CET1 targeted near 10.2%.

M&T Bank reported Q2 2026 net income of $818 million, or $5.32 diluted EPS, versus $716 million and $4.24 a year earlier. Net interest income rose 4.6% to $1.79 billion, with net interest margin at 3.70%. Loans averaged $141.4 billion. Credit loss provision fell to $120 million. The bank repurchased 2.1 million shares for $465 million.

M&T Bank (NYSE:MTB) reported Q2 adjusted EPS of $5.35, above the $4.66 consensus. Revenue rose to $2.53B versus $2.46B expected. Net income was $818M, or $5.32 per diluted share. Net interest margin improved to 3.70% from 3.62%, with loan growth and lower credit-loss provisions. The bank repurchased shares for $465M.