M&T BANK CORP
M&T BANK CORP
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Cash And Due From Banks | 1,939 | 1,903 | 1,701 | 1,950 | 2,128 | 2,109 | 1,909 | 2,216 | 1,778 | 1,695 | 1,731 | 1,769 | |||||
Interest Bearing Deposits In Banks | 15,499 | 14,445 | 17,068 | 16,751 | 19,297 | 20,656 | 18,873 | 24,417 | 24,792 | 32,144 | 28,069 | 30,114 | |||||
Marketable Securities | |||||||||||||||||
Available For Sale Securities Debt Securities | 25,370 | 25,228 | 23,202 | 23,163 | 21,540 | 20,799 | 18,849 | 16,727 | 13,892 | 12,134 | 10,440 | 10,592 | |||||
Held To Maturity Securities | 11,908 | 12,119 | 12,430 | 12,711 | 13,024 | 13,352 | 14,195 | 14,503 | 14,793 | 15,078 | 15,330 | 15,571 | |||||
Investments | 38,374 | 38,621 | 36,649 | 36,864 | 35,568 | 35,137 | 34,051 | 32,327 | 29,894 | 28,496 | 26,897 | 27,336 | |||||
Loans And Leases Receivable Net Of Deferred Income | - | - | - | - | - | - | - | - | - | 134,973 | 134,068 | 132,355 | |||||
Loans And Leases Receivable Allowance | - | - | - | - | - | - | - | - | - | -2,191 | -2,129 | -2,052 | |||||
Financing Receivable Excluding Accrued Interest Be… | - | 139,914 | 138,702 | 136,974 | 136,116 | 134,574 | 135,581 | 135,920 | 135,002 | - | 134,068 | - | |||||
Loans And Leases Receivable Gross Carrying Amount | - | - | - | - | - | - | - | - | - | - | 134,936 | 133,133 | |||||
Financing Receivable Allowance For Credit Loss Exc… | - | -2,136 | -2,116 | -2,161 | -2,197 | -2,200 | -2,184 | -2,204 | -2,204 | -2,191 | -2,129 | -2,052 | |||||
Loans And Leases Receivable Net Reported Amount | - | - | - | - | - | - | - | - | - | 132,782 | 131,939 | 130,303 | |||||
Financing Receivable Excluding Accrued Interest Af… | - | 137,778 | 136,586 | 134,813 | 133,919 | 132,374 | 133,397 | 133,716 | 132,798 | - | 131,939 | - | |||||
Property Plant And Equipment Net | 1,726 | 1,716 | 1,629 | 1,621 | 1,646 | 1,661 | 1,705 | 1,694 | 1,719 | 1,707 | 1,739 | 1,681 | |||||
Goodwill | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | 8,465 | |||||
Finite Lived Intangible Assets Net | 48 | 55 | 64 | 74 | 84 | 93 | 94 | 107 | 119 | 132 | 147 | 162 | |||||
Interest Receivable And Other Assets | 12,193 | 11,661 | 11,251 | 10,644 | 10,384 | 9,730 | 9,510 | 8,741 | 9,191 | 9,617 | 9,171 | 9,157 | |||||
Assets | 219,261 | 214,736 | 213,510 | 211,277 | 211,584 | 210,321 | 208,105 | 211,785 | 208,855 | 215,137 | 208,264 | 209,124 | |||||
Liabilities | |||||||||||||||||
Noninterest Bearing Deposit Liabilities Domestic | 48,295 | 45,892 | 46,509 | 44,994 | 47,485 | 49,051 | 46,020 | 47,344 | 47,729 | 50,578 | 49,294 | 53,787 | |||||
Time Deposits | 14,988 | 13,082 | 13,227 | 13,620 | 14,094 | 13,979 | 14,476 | 16,512 | 17,513 | 20,279 | 20,759 | 20,044 | |||||
Deposits | 168,885 | 163,741 | 166,909 | 163,426 | 164,453 | 165,409 | 161,095 | 164,554 | 159,910 | 167,196 | 163,274 | 164,128 | |||||
Short Term Borrowings | 4,614 | 7,851 | 2,149 | 2,059 | 2,071 | 1,573 | 1,060 | 2,605 | 4,764 | 4,795 | 5,316 | 6,731 | |||||
Long Term Debt | 13,568 | 11,175 | 10,911 | 12,928 | 12,380 | 10,496 | 12,605 | 11,583 | 11,319 | 11,450 | 8,201 | 7,123 | |||||
Other Liabilities | 4,248 | 3,997 | 4,364 | 4,136 | 4,155 | 3,852 | 4,318 | 4,167 | 4,438 | 4,527 | 4,516 | 4,946 | |||||
Liabilities | 191,315 | 186,764 | 184,333 | 182,549 | 183,059 | 181,330 | 179,078 | 182,909 | 180,431 | 187,968 | 181,307 | 182,928 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 2,434 | 2,434 | 2,834 | 2,394 | 2,394 | 2,394 | 2,394 | 2,394 | 2,744 | 2,011 | 2,011 | 2,011 | |||||
Common Stock Value | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | |||||
Additional Paid In Capital | 9,970 | 9,961 | 10,011 | 9,995 | 9,981 | 9,968 | 9,999 | 9,986 | 9,976 | 9,976 | 10,020 | 10,012 | |||||
Retained Earnings Accumulated Deficit | 22,038 | 21,476 | 20,882 | 20,392 | 19,870 | 19,405 | 19,079 | 18,659 | 18,211 | 17,812 | 17,524 | 17,284 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -92 | 66 | 277 | 277 | 215 | 90 | -164 | -27 | -551 | -589 | -459 | -942 | |||||
Treasury Stock Value | -6,494 | -6,055 | -4,917 | -4,421 | -4,026 | -2,957 | -2,371 | -2,227 | -2,047 | -2,132 | -2,230 | -2,260 | |||||
Stockholders Equity | 27,946 | 27,972 | 29,177 | 28,728 | 28,525 | 28,991 | 29,027 | 28,876 | 28,424 | 27,169 | 26,957 | 26,196 | |||||
Liabilities And Stockholders Equity | 219,261 | 214,736 | 213,510 | 211,277 | 211,584 | 210,321 | 208,105 | 211,785 | 208,855 | 215,137 | 208,264 | 209,124 | |||||
Series E Preferred Stock | - | - | - | - | - | - | - | 0 | 0 | - | - | - | |||||
Series F Series G Series I And Series J Preferred … | - | - | - | - | - | - | - | 0 | 0 | - | - | - | |||||
Series H Preferred Stock | - | - | - | - | - | - | - | 0 | 0 | - | - | - | |||||
Variable Interest Entity Primary Beneficiary | - | 2,400 | 2,100 | -200 | 400 | 2,100 | 1,500 | - | - | - | - | - | |||||
M T Bank | - | 2,400 | 2,100 | -200 | 400 | 2,100 | 1,500 | - | - | - | - | - | |||||
M And T | - | 2,000 | 1,700 | -200 | 300 | 1,800 | 1,200 | - | - | - | - | - | |||||
Available For Sale Debt Securities Amortized Cost … | 25,495 | 25,219 | 22,994 | 23,000 | 21,458 | 20,807 | 19,054 | 16,658 | 14,131 | 12,397 | 10,691 | 11,039 | |||||
Held To Maturity Securities Fair Value | 11,119 | 11,355 | 11,715 | 11,924 | 12,073 | 12,308 | 12,955 | 13,709 | 13,509 | 13,865 | 14,308 | 13,765 | |||||
Loans And Leases Receivable Deferred Income | - | - | - | - | - | - | - | - | - | 928 | -868 | -779 | |||||
Financing Receivable Unamortized Purchase Premium … | - | - | - | - | - | - | - | 1,043 | 990 | - | - | - | |||||
Preferred Stock Par Or Stated Value Per Share | - | - | 1 | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Authorized | - | - | 20 | - | - | - | 20 | 20 | 20 | 20 | 20 | 20 | |||||
Preferred Stock Shares Issued | - | - | - | - | - | - | - | - | - | 10 | 10 | 10 | |||||
Preferred Stock Liquidation Preference | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | |||||
Common Stock Shares Authorized | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | 250 | |||||
Common Stock Shares Issued | 179 | 179 | 179 | 179 | 179 | 179 | 179 | 179 | 179 | 179 | 179 | 179 | |||||
Treasury Stock Common Shares | 35 | 33 | 28 | 25 | 23 | 17 | 14 | 13 | 12 | 13 | 13 | 13 | |||||
Financing Receivable Accrued Interest Before Allow… | - | 616 | 627 | 619 | 617 | 603 | 628 | - | - | - | - | - | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.29% | 10.88% | 16.64% | - | - | - | - | - | - | - | - | - |
| 2025 | 4.11% | 11.28% | 11.28% | 7.10% | 7.09% | -0.89% | 3.11% | 13.41% | 16.97% | -14.72% | -4.44% | -7.82% |
| 2024 | 2.78% | 1.54% | 13.75% | 7.59% | 10.52% | 21.33% | 13.90% | -1.42% | 3.64% | -11.24% | -20.16% | -10.45% |
| 2023 | - | - | - | -8.91% | -8.41% | -21.09% | 10.52% | 14.16% | 17.86% | 3.45% | -0.95% | 13.11% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 6.87 | 6.80 | 6.53 | 6.34 | 6.19 | 3.09 | 2.29 | 1.87 | 1.73 | 1.89 | 2.13 | 2.71 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | - | - | - | - | - | - | - | - | - | 112,457.24 | 116,718.79 | 123,762.33 | |||||
| Receivables Turnover TTM | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 0.00 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 20.92 | 19.77 | 17.95 | 17.05 | 15.95 | 15.09 | 14.64 | 13.35 | 13.44 | 14.76 | - | 18.15 | |||||
| Free Cash Flow Per Share TTM | 26.07 | 22.65 | 19.02 | 26.72 | 19.64 | 22.15 | 21.68 | 16.40 | 25.05 | 24.54 | 21.76 | 24.46 | |||||
| Dividend Per Share TTM | 6.21 | 6.04 | 5.69 | 5.75 | 5.57 | 5.47 | 5.38 | 5.32 | 5.26 | 5.22 | 4.84 | 5.17 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 67.64% | 66.96% | 66.26% | 65.34% | 64.37% | 63.34% | 50.22% | 6.09% | -68.65% | -1,042.72% | -959.83% | -517.34% | |||||
| Operating Profit Margin TTM | 37.45% | 36.26% | 35.21% | 34.13% | 32.71% | 31.43% | 39.48% | 52.76% | 98.16% | 784.28% | 884.84% | 1,057.88% | |||||
| Net Profit Margin TTM | 29.31% | 28.37% | 27.19% | 25.29% | 23.94% | 22.98% | 29.21% | 38.64% | 72.46% | 576.03% | 644.50% | 798.90% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -1.76% | -3.50% | 25.06% | 82.30% | 242.81% | 2,432.86% | 1,950.12% | 1,430.00% | 771.07% | 28.60% | 14.57% | -8.67% | |||||
| Net Income Growth (1Y) | 20.30% | 19.15% | 16.41% | 19.33% | 13.25% | 1.03% | -7.09% | -26.00% | -24.38% | 6.95% | 32.33% | 84.90% | |||||
| EPS Growth (1Y) | 31.29% | 31.11% | 22.76% | 27.85% | 18.74% | 2.42% | 0.14% | -26.34% | -24.88% | 7.76% | 32.33% | 94.60% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 11.31 | 10.32 | 11.00 | 11.27 | 11.75 | 11.36 | 12.23 | 12.62 | 10.58 | 9.19 | 8.65 | 6.36 | |||||
| P/B TTM | 1.24 | 1.10 | 1.08 | 1.05 | 1.05 | 0.98 | 1.03 | 0.98 | 0.84 | 0.83 | 0.85 | 0.73 | |||||
| P/S TTM | 3.32 | 2.93 | 2.99 | 2.85 | 2.81 | 2.61 | 3.57 | 4.88 | 7.67 | 52.91 | 55.73 | 50.85 | |||||
| Market Cap | 34.72B | 30.63B | 31.37B | 30.08B | 30.00B | 28.29B | 29.96B | 28.24B | 23.85B | 22.65B | 22.79B | 19.24B | |||||
| Enterprise Value | 35.47B | 33.31B | 25.66B | 43.11B | 23.02B | 17.60B | 28.53B | 40.21B | 38.16B | 37.20B | 34.58B | 31.33B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.80B | 3.38B | 3.00B | 4.16B | 3.13B | 3.64B | 3.61B | 2.73B | 4.18B | 4.09B | 3.91B | 4.06B | |||||
| Net Debt | 744.00M | 2.68B | -5.71B | 13.04B | -6.97B | -10.70B | -1.43B | 11.97B | 14.31B | 14.55B | 11.79B | 12.09B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
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| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
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| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
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| Dividends Paid Growth (5Y) | |||||||||||||||||
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| Net Income Growth (3Y) | |||||||||||||||||
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| Net Profit Margin Growth (1Y) | |||||||||||||||||
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| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
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| NOPAT TTM | |||||||||||||||||
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| Effective Tax Rate TTM | |||||||||||||||||
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| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
M&T BANK CORP (MTB) — SEC Financial Statements & Analysis
M&T BANK CORP (MTB) is a state commercial banks company, incorporated in NY. M&T BANK CORP trades on NYSE, OTC as: MTB, MTB-PH, MTB-PJ, MTB-PK, MTBPL. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), M&T BANK CORP reported a -1.76% year-over-year revenue growth, a Gross Profit Margin of 67.64% (TTM), a Price-to-Sales (P/S) ratio of 3.32x (TTM), a Price-to-Book (P/B) ratio of 1.24x (TTM), at a market cap of $34.72B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -1.76%
- Gross Profit Margin TTM
- 67.64%
- P/S TTM
- 3.32x
- P/B TTM
- 1.24x
- Market Cap
- $34.72B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is M&T BANK CORP in?
M&T BANK CORP (MTB) operates in the State Commercial Banks industry.
What is MTB's market cap?
M&T BANK CORP (MTB) has a market capitalization of $34.72B as of 2026-06-30.
What is MTB's P/E ratio?
M&T BANK CORP (MTB)'s trailing twelve month P/E ratio is 11.31x as of 2026-06-30.
What exchange does MTB trade on?
M&T BANK CORP (MTB) trades on the NYSE, OTC.
Where is M&T BANK CORP incorporated?
M&T BANK CORP is incorporated in NY.