M&T Bank Corporation (MTB) Net Income CAGR:10.98%(TTM)
Net income CAGR uses precomputed financial statement history.
Over longer horizons, M&T Bank Corporation's Net Income CAGR averages 7.92% over 3 years and 13.86% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how M&T Bank Corporation's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
MTB Net Income CAGR Chart
M&T Bank Corporation (MTB)
MTB Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
MTB Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.59B | $2.85B | +$263.00M | +10.16% | +10.16% |
| 2024 | $2.74B | $2.59B | $-153.00M | -5.58% | -5.58% |
| 2023 | $1.99B | $2.74B | +$749.00M | +37.60% | +37.60% |
| 2022 | $1.86B | $1.99B | +$133.00M | +7.15% | +7.15% |
| 2021 | $1.35B | $1.86B | +$505.85M | +37.38% | +37.38% |
| 2020 | $1.93B | $1.35B | $-576.00M | -29.86% | -29.86% |
| 2019 | $1.92B | $1.93B | +$11.07M | +0.58% | +0.58% |
| 2018 | $1.41B | $1.92B | +$509.77M | +36.20% | +36.20% |
| 2017 | $1.32B | $1.41B | +$93.19M | +7.09% | +7.09% |
| 2016 | $1.08B | $1.32B | +$235.45M | +21.81% | +21.81% |
| 2015 | $1.07B | $1.08B | +$13.42M | +1.26% | +1.26% |
| 2014 | $1.14B | $1.07B | $-72.23M | -6.34% | -6.34% |
| 2013 | $1.03B | $1.14B | +$108.98M | +10.59% | +10.59% |
| 2012 | $859.48M | $1.03B | +$170.02M | +19.78% | +19.78% |
| 2011 | $736.16M | $859.48M | +$123.32M | +16.75% | +16.75% |
| 2010 | $379.89M | $736.16M | +$356.27M | +93.78% | +93.78% |
| 2009 | $555.89M | $379.89M | $-176.00M | -31.66% | -31.66% |
| 2008 | $654.26M | $555.89M | $-98.37M | -15.04% | -15.04% |
| 2007 | $839.19M | $654.26M | $-184.93M | -22.04% | -22.04% |
| 2006 | $782.18M | $839.19M | +$57.01M | +7.29% | +7.29% |
| 2005 | $722.52M | $782.18M | +$59.66M | +8.26% | +8.26% |
| 2004 | $573.94M | $722.52M | +$148.58M | +25.89% | +25.89% |
| 2003 | $485.09M | $573.94M | +$88.85M | +18.32% | +18.32% |
| 2002 | $378.07M | $485.09M | +$107.02M | +28.31% | +28.31% |
| 2001 | $286.16M | $378.07M | +$91.92M | +32.12% | +32.12% |
| 2000 | $265.60M | $286.16M | +$20.56M | +7.74% | +7.74% |
| 1999 | $208.00M | $265.60M | +$57.60M | +27.69% | +27.69% |
| 1998 | $176.20M | $208.00M | +$31.80M | +18.05% | +18.05% |
| 1997 | $151.10M | $176.20M | +$25.10M | +16.61% | +16.61% |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $664.00M | -12.5% | +13.7% |
| Q4 2025 | $759.00M | -4.2% | +11.5% |
| Q3 2025 | $792.00M | +10.6% | +9.8% |
| Q2 2025 | $716.00M | +22.6% | +9.3% |
| Q1 2025 | $584.00M | -14.2% | +10.0% |
| Q4 2024 | $681.00M | -5.5% | +41.2% |
| Q3 2024 | $721.00M | +10.1% | +4.5% |
| Q2 2024 | $655.00M | +23.4% | -24.5% |
| Q1 2024 | $531.00M | +10.1% | -24.4% |
| Q4 2023 | $482.40M | -30.1% | -37.0% |
| Q3 2023 | $690.00M | -20.4% | +6.7% |
| Q2 2023 | $867.00M | +23.5% | +298.6% |
| Q1 2023 | $702.00M | -8.3% | +93.8% |
| Q4 2022 | $765.37M | +18.4% | +67.1% |
| Q3 2022 | $646.60M | +197.3% | +30.5% |
| Q2 2022 | $217.52M | -39.9% | -52.5% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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.
- Sector
- Financial Services
- Industry
- Banks - Regional
- CEO
- Rene F. Jones