M&T Bank (MTB) Financials: History & Chart

M&T Bank Corporation (MTB)MTBM&T Bank Corporation

About M&T Bank Corporation

M&T Bank Corporation functions as a bank holding entity, delivering a broad spectrum of financial solutions to both commercial enterprises and individual consumers. Its Business Banking division caters to small businesses and professionals, providing essential services such as deposit accounts, credit facilities, and treasury management solutions. The Commercial Banking arm extends its reach to middle-market and large corporate clients, supplying a robust suite of offerings including deposit products, commercial loans and leases, letters of credit, and sophisticated cash management tools. Dedicated to Commercial Real Estate, the company engages in the origination, sale, and servicing of commercial property loans, alongside offering deposit services tailored for this sector. The Discretionary Portfolio segment focuses on internal financial management, overseeing deposits, investment securities, residential real estate loans, and other assets, while also managing short- and long-term borrowed funds and foreign exchange operations. Through its Residential Mortgage Banking segment, M&T originates home loans for consumers, subsequently selling these loans in the secondary market. It also acquires servicing rights for loans initially originated by other institutions. The Retail Banking segment serves individual customers with a diverse array of financial products, including demand, savings, and time deposit accounts; various consumer installment loans such as automobile and recreational vehicle financing; home equity loans and lines of credit; credit cards; and investment vehicles like mutual funds and annuities. Beyond these, M&T Bank offers specialized financial services encompassing trust and wealth management, fiduciary and custodial services, insurance brokerage, institutional securities services, and investment management. Customers can access these services through an extensive network of physical banking offices, dedicated business banking centers, as well as via telephone, online platforms, and automated teller machines (ATMs). As of December 31, 2021, the corporation maintained 688 domestic banking locations across New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Additionally, it operates a full-service commercial banking office in Ontario, Canada. M&T Bank Corporation, established in 1856, has its corporate headquarters situated in Buffalo, New York.

Buffalo, NY

22,080 employees

www.mtb.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Rene F. Jones

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Financials

SEC Filings

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Jun 2026	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024
Revenue	12.43B	3.36B	3.23B	3.33B	2.51B	3.29B	3.17B	3.34B	3.39B
Cost of Goods Sold	2.98B	948.00M	924.00M	983.00M	125.00M	1.02B	995.00M	1.12B	1.18B
Gross Profit	9.45B	2.41B	2.30B	2.35B	2.39B	2.27B	2.18B	2.22B	2.21B
Gross Profit Margin	76.0%	71.8%	71.3%	70.5%	95.0%	69.0%	68.6%	66.5%	65.2%
Total Operating Expenses	5.33B	1.15B	1.44B	1.38B	1.36B	1.34B	1.42B	1.34B	1.30B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	4.03B	1.15B	1.42B	809.00M	663.00M	838.00M	932.00M	810.00M	827.00M
Operating Income (EBIT)	4.13B	1.27B	863.00M	971.00M	1.02B	935.00M	761.00M	882.00M	909.00M
Operating Margin	33.2%	37.7%	26.8%	29.1%	40.8%	28.4%	24.0%	26.4%	26.8%
Income Before Tax (EBT)	3.92B	1.06B	863.00M	971.00M	1.02B	935.00M	761.00M	882.00M	909.00M
Interest Income	10.47B	2.62B	2.54B	2.64B	2.68B	2.61B	2.56B	2.71B	2.79B
Interest Expense	3.39B	828.00M	784.00M	858.00M	919.00M	896.00M	865.00M	979.00M	1.06B
Other Income/Expense	-204.00M	-204.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	3.03B	818.00M	664.00M	759.00M	792.00M	716.00M	584.00M	681.00M	721.00M
Income Tax Expense	889.00M	245.00M	199.00M	212.00M	233.00M	219.00M	177.00M	201.00M	188.00M
Net Profit Margin	24.4%	24.3%	20.6%	22.8%	31.5%	21.7%	18.4%	20.4%	21.3%
EBITDA	4.36B	1.27B	960.00M	1.09B	1.03B	1.06B	891.00M	1.01B	1.03B
EBITDA Margin	35.0%	37.7%	29.8%	32.8%	41.2%	32.2%	28.1%	30.3%	30.4%
Depreciation & Amortization	229.00M	0.00	97.00M	122.00M	10.00M	124.00M	130.00M	129.00M	122.00M
EPS Basic	18.57	5.01	4.07	4.64	4.85	4.28	3.33	3.88	4.04
EPS Diluted	18.96	5.23	4.24	4.67	4.82	4.24	3.32	3.86	4.02
Shares Outstanding	163.30M	163.30M	163.30M	163.30M	163.30M	156.53M	164.21M	165.98M	166.67M
Diluted Shares Outstanding	156.55M	156.55M	156.55M	156.55M	156.55M	160.00M	165.05M	166.97M	167.57M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	12.31B	13.40B	12.51B	8.44B	6.08B	6.28B	6.94B	6.45B
Cost of Goods Sold	3.12B	4.78B	3.75B	942.00M	39.00M	1.13B	925.33M	658.41M
Gross Profit	9.19B	8.62B	8.75B	7.50B	6.04B	5.15B	6.02B	5.80B
Gross Profit Margin	74.6%	64.3%	70.0%	88.8%	99.4%	82.1%	86.7%	89.8%
Total Operating Expenses	5.49B	5.31B	5.13B	4.88B	3.58B	3.39B	3.47B	3.29B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	3.24B	3.38B	3.22B	2.97B	2.18B	2.07B	2.04B	1.91B
Operating Income (EBIT)	3.69B	3.31B	3.62B	2.61B	2.46B	1.77B	2.55B	2.51B
Operating Margin	30.0%	24.7%	28.9%	31.0%	40.4%	28.2%	36.7%	38.9%
Income Before Tax (EBT)	3.69B	3.31B	3.62B	2.61B	2.46B	1.77B	2.55B	2.51B
Interest Income	10.49B	11.03B	10.22B	6.25B	3.94B	4.19B	4.88B	4.60B
Interest Expense	3.54B	4.17B	3.11B	425.00M	114.00M	326.39M	749.33M	526.41M
Other Income/Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	2.85B	2.59B	2.74B	1.99B	1.86B	1.35B	1.93B	1.92B
Income Tax Expense	841.00M	722.00M	878.00M	620.00M	596.00M	416.37M	618.11M	590.16M
Net Profit Margin	23.2%	19.3%	21.9%	23.6%	30.6%	21.5%	27.8%	29.7%
EBITDA	3.96B	3.82B	4.12B	3.05B	2.78B	2.09B	2.85B	2.69B
EBITDA Margin	32.1%	28.5%	32.9%	36.1%	45.7%	33.3%	41.0%	41.6%
Depreciation & Amortization	264.00M	508.00M	497.00M	435.00M	324.00M	320.29M	301.31M	179.00M
EPS Basic	17.10	14.71	15.85	11.59	13.81	9.94	13.76	12.75
EPS Diluted	17.00	14.64	15.79	11.53	13.80	9.94	13.75	12.74
Shares Outstanding	163.30M	166.48M	166.36M	163.17M	128.67M	128.68M	134.41M	138.51M
Diluted Shares Outstanding	156.55M	167.32M	167.00M	164.03M	128.81M	128.70M	134.46M	138.51M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.