M&T Bank (MTB) Interest Coverage Ratio: 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

View full financials

MTB Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

1.53x

INTEREST COVERAGE RATIO AVG TTM

1.18x

INTEREST COVERAGE RATIO AVG 3Y

0.92x

INTEREST COVERAGE RATIO AVG 5Y

1.92x

INTEREST COVERAGE RATIO AVG 10Y

3.66x

INTEREST COVERAGE RATIO AVG 15Y

3.98x

INTEREST COVERAGE RATIO AVG 20Y

3.23x

CURRENT VS TTM AVG

+29.21%

CURRENT VS 3Y AVG

+66.42%

CURRENT VS 5Y AVG

-20.32%

CURRENT VS 10Y AVG

-58.14%

CURRENT VS 15Y AVG

-61.59%

CURRENT VS 20Y AVG

-52.57%

SECTOR MEDIAN · FINANCIAL SERVICES

5.21x

median of 92 covered companies

CURRENT VS SECTOR MEDIAN

-70.63%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
M&T Bank Corporation (MTB)	$36.30B	1.53x	1.18x	0.92x	1.92x
Huntington Bancshares Incorporated (HBAN)vs ›	$35.46B	0.62x	0.57x	1.45x	4.33x
Arch Capital Group Ltd. (ACGL)vs ›	$34.41B	33.64x	32.69x	24.80x	20.26x
Northern Trust Corporation (NTRS)vs ›	$33.94B	0.38x	0.36x	0.69x	15.89x
Raymond James Financial, Inc. (RJF)vs ›	$33.92B	2.47x	1.87x	3.00x	4.98x
The Hartford Insurance Group, Inc. (HIG)vs ›	$39.28B	23.92x	21.63x	17.35x	15.13x
Coinbase Global, Inc. (COIN)vs ›	$40.52B	16.81x	22.71x	22.71x	50.31x
Willis Towers Watson Public Limited Company (WTW)vs ›	$32.02B	8.59x	5.48x	5.61x	6.07x
MSCI Inc. (MSCI)vs ›	$40.94B	8.16x	8.20x	7.72x	7.21x
American International Group, Inc. (AIG)vs ›	$41.77B	9.80x	9.09x	7.49x	8.04x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

M&T Bank Corporation (MTB)

$36.30B

1.53x

1.18x

0.92x

1.92x

Huntington Bancshares Incorporated (HBAN)vs ›

$35.46B

0.62x

0.57x

1.45x

4.33x

Arch Capital Group Ltd. (ACGL)vs ›

$34.41B

33.64x

32.69x

24.80x

20.26x

Northern Trust Corporation (NTRS)vs ›

$33.94B

0.38x

0.36x

0.69x

15.89x

Raymond James Financial, Inc. (RJF)vs ›

$33.92B

2.47x

1.87x

3.00x

4.98x

The Hartford Insurance Group, Inc. (HIG)vs ›

$39.28B

23.92x

21.63x

17.35x

15.13x

Coinbase Global, Inc. (COIN)vs ›

$40.52B

16.81x

22.71x

50.31x

Willis Towers Watson Public Limited Company (WTW)vs ›

$32.02B

8.59x

5.48x

5.61x

6.07x

MSCI Inc. (MSCI)vs ›

$40.94B

8.16x

8.20x

7.72x

7.21x

American International Group, Inc. (AIG)vs ›

$41.77B

9.80x

9.09x

7.49x

8.04x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for M&T Bank Corporation (MTB)?

The interest coverage ratio for MTB stock is 1.53x.

Is M&T Bank Corporation's interest coverage ratio high or low?

The interest coverage ratio of 1.53x is 74% below its 5-year average of 5.90x, near the low end of its 5-year range (0.61x–25.57x).

What is the TTM average interest coverage ratio for M&T Bank Corporation (MTB)?

The TTM average interest coverage ratio for MTB stock is 1.18x.

What is the 3Y average interest coverage ratio for M&T Bank Corporation (MTB)?

The 3Y average interest coverage ratio for MTB stock is 0.92x.

What is the 5Y average interest coverage ratio for M&T Bank Corporation (MTB)?

The 5Y average interest coverage ratio for MTB stock is 1.92x.

What is the 10Y average interest coverage ratio for M&T Bank Corporation (MTB)?

The 10Y average interest coverage ratio for MTB stock is 3.66x.

What is the 15Y average interest coverage ratio for M&T Bank Corporation (MTB)?

The 15Y average interest coverage ratio for MTB stock is 3.98x.

What is the 20Y average interest coverage ratio for M&T Bank Corporation (MTB)?

The 20Y average interest coverage ratio for MTB stock is 3.23x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	1.53x
2026-03-31	1.10x
2025-12-31	1.13x
2025-09-30	1.12x
2025-06-30	1.04x
2025-03-31	0.88x
2024-12-31	0.90x
2024-09-30	0.86x
2024-06-30	0.80x
2024-03-31	0.62x
2023-12-31	0.61x
2023-09-30	1.05x
2023-06-30	1.62x
2023-03-31	1.82x
2022-12-31	4.13x
2022-09-30	8.24x
2022-06-30	5.20x
2022-03-31	19.74x
2021-12-31	24.26x
2021-09-30	25.57x
2021-06-30	21.62x
2021-03-31	16.66x
2020-12-31	12.51x
2020-09-30	8.38x
2020-06-30	4.16x
2020-03-31	2.44x
2019-12-31	3.68x
2019-09-30	3.18x
2019-06-30	3.18x
2019-03-31	3.60x
2018-12-31	4.34x
2018-09-30	5.03x
2018-06-30	5.45x
2018-03-31	4.29x
2017-12-31	6.12x
2017-09-30	5.80x
2017-06-30	6.47x
2017-03-31	5.65x
2016-12-31	4.76x
2016-09-30	4.95x
2016-06-30	4.96x
2016-03-31	4.64x
2015-12-31	4.31x
2015-09-30	5.63x
2015-06-30	5.87x
2015-03-31	4.78x
2014-12-31	5.62x
2014-09-30	5.76x
2014-06-30	6.56x
2014-03-31	5.33x
2013-12-31	4.82x
2013-09-30	6.38x
2013-06-30	7.31x
2013-03-31	5.62x
2012-12-31	5.72x
2012-09-30	5.44x
2012-06-30	3.94x
2012-03-31	3.29x
2011-12-31	2.07x
2011-09-30	2.56x
2011-06-30	4.39x
2011-03-31	3.13x
2010-12-31	2.82x
2010-09-30	2.47x
2010-06-30	2.38x
2010-03-31	1.83x
2009-12-31	1.50x
2009-09-30	1.12x
2009-06-30	0.36x
2009-03-31	0.41x
2008-12-31	0.45x
2008-09-30	0.21x
2008-06-30	0.72x
2008-03-31	0.75x
2007-12-31	0.19x
2007-09-30	0.70x
2007-06-30	0.77x
2007-03-31	0.64x
2006-12-31	0.77x
2006-09-30	0.77x
2006-06-30	0.86x
2006-03-31	0.91x
2005-12-31	1.01x
2005-09-30	1.08x
2005-06-30	1.28x
2005-03-31	1.45x
2004-12-31	1.74x
2004-09-30	1.81x
2004-06-30	2.20x
2004-03-31	1.87x
2003-12-31	1.93x
2003-09-30	1.74x
2003-06-30	1.35x
2003-03-31	1.45x
2002-12-31	1.37x
2002-09-30	1.18x

DATE

INTEREST COVERAGE RATIO

2026-06-30

1.53x

2026-03-31

1.10x

2025-12-31

1.13x

2025-09-30

1.12x

2025-06-30

1.04x

2025-03-31

0.88x

2024-12-31

0.90x

2024-09-30

0.86x

2024-06-30

0.80x

2024-03-31

0.62x

2023-12-31

0.61x

2023-09-30

1.05x

2023-06-30

1.62x

2023-03-31

1.82x

2022-12-31

4.13x

2022-09-30

8.24x

2022-06-30

5.20x

2022-03-31

19.74x

2021-12-31

24.26x

2021-09-30

25.57x

2021-06-30

21.62x

2021-03-31

16.66x

2020-12-31

12.51x

2020-09-30

8.38x

2020-06-30

4.16x

2020-03-31

2.44x

2019-12-31

3.68x

2019-09-30

3.18x

2019-06-30

3.18x

2019-03-31

3.60x

2018-12-31

4.34x

2018-09-30

5.03x

2018-06-30

5.45x

2018-03-31

4.29x

2017-12-31

6.12x

2017-09-30

5.80x

2017-06-30

6.47x

2017-03-31

5.65x

2016-12-31

4.76x

2016-09-30

4.95x

2016-06-30

4.96x

2016-03-31

4.64x

2015-12-31

4.31x

2015-09-30

5.63x

2015-06-30

5.87x

2015-03-31

4.78x

2014-12-31

5.62x

2014-09-30

5.76x

2014-06-30

6.56x

2014-03-31

5.33x

2013-12-31

4.82x

2013-09-30

6.38x

2013-06-30

7.31x

2013-03-31

5.62x

2012-12-31

5.72x

2012-09-30

5.44x

2012-06-30

3.94x

2012-03-31

3.29x

2011-12-31

2.07x

2011-09-30

2.56x

2011-06-30

4.39x

2011-03-31

3.13x

2010-12-31

2.82x

2010-09-30

2.47x

2010-06-30

2.38x

2010-03-31

1.83x

2009-12-31

1.50x

2009-09-30

1.12x

2009-06-30

0.36x

2009-03-31

0.41x

2008-12-31

0.45x

2008-09-30

0.21x

2008-06-30

0.72x

2008-03-31

0.75x

2007-12-31

0.19x

2007-09-30

0.70x

2007-06-30

0.77x

2007-03-31

0.64x

2006-12-31

0.77x

2006-09-30

0.77x

2006-06-30

0.86x

2006-03-31

0.91x

2005-12-31

1.01x

2005-09-30

1.08x

2005-06-30

1.28x

2005-03-31

1.45x

2004-12-31

1.74x

2004-09-30

1.81x

2004-06-30

2.20x

2004-03-31

1.87x

2003-12-31

1.93x

2003-09-30

1.74x

2003-06-30

1.35x

2003-03-31

1.45x

2002-12-31

1.37x

2002-09-30

1.18x

Interest Coverage Ratio: 1.53x

MTB Interest Coverage Ratio

MTB Average Interest Coverage Ratio Chart

MTB Current vs Average Interest Coverage Ratio Chart

MTB Interest Coverage Ratio Metrics

MTB Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

MTB Interest Coverage Ratio History

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