8-K Announcements
6Apr 15, 2026·SEC
Mar 30, 2026·SEC
Feb 11, 2026·SEC
M&T Bank Corporation (MTB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Get notified when MTB posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
M&T Bank Corporation (MTB) stock price & volume — 10-year historical chart
M&T Bank Corporation (MTB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
M&T Bank Corporation (MTB) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 15, 2026 | $4.18vs $4.02+4.0% | $2.4Bvs $2.4B+0.4% |
| Q1 2026 | Jan 16, 2026 | $4.67vs $4.48+4.2% | $2.5Bvs $2.5B+0.1% |
| Q4 2025 | Oct 16, 2025 | $4.87vs $4.43+9.9% | $2.5Bvs $2.4B+3.0% |
| Q3 2025 | Jul 16, 2025 | $4.28vs $3.99+7.3% | $2.4Bvs $2.4B+0.3% |
M&T Bank Corporation (MTB) competitors in Banks with large fee businesses — business model, growth, and fundamentals comparison
M&T Bank Corporation (MTB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
M&T Bank Corporation (MTB) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | 3.78B | 4.07B | 4.13B | 3.87B | 3.83B | 5.82B | 7.12B | 6.85B | 6.95B |
NII Growth % | 8.97% | 7.7% | 1.42% | -6.39% | -1.07% | 52.21% | 22.21% | -3.7% | 1.4% |
Net Interest Margin % | 3.19% | 3.39% | 3.45% | 2.71% | 2.47% | 2.9% | 3.42% | 3.29% | 3.25% |
Interest Income | 4.17B | 4.6B | 4.88B | 4.19B | 3.94B | 6.25B | 10.22B | 11.03B | 10.49B |
Interest Expense | 386.75M | 526.41M | 749.33M | 326.39M | 114M | 425M | 3.11B | 4.17B | 3.54B |
Loan Loss Provision | 168M | 132M | 176M | 800M | -75M | 517M | 645M | 610M | -414M |
Non-Interest Income | 1.85B | 1.86B | 2.06B | 2.09B | 2.14B | 2.19B | 2.28B | 2.38B | 1.82B |
Non-Interest Income % | 30.76% | 28.75% | 29.7% | 33.25% | 35.17% | 25.97% | 18.25% | 17.75% | 14.81% |
Total Revenue | 6.02B▲ 0% | 6.45B▲ 7.2% | 6.94B▲ 7.5% | 6.28B▼ 9.5% | 6.08B▼ 3.3% | 8.44B▲ 38.9% | 12.51B▲ 48.2% | 13.4B▲ 7.2% | 12.31B▼ 8.2% |
Revenue Growth % | 5.19% | 7.24% | 7.54% | -9.51% | -3.27% | 38.87% | 48.22% | 7.18% | -8.18% |
Non-Interest Expense | 3.14B | 3.29B | 3.47B | 3.39B | 3.58B | 4.88B | 5.13B | 5.31B | 5.49B |
Efficiency Ratio | 52.17% | 50.94% | 49.97% | 53.9% | 58.95% | 57.88% | 41.05% | 39.62% | 44.63% |
Operating Income | 2.32B▲ 0% | 2.51B▲ 7.9% | 2.55B▲ 1.6% | 1.77B▼ 30.5% | 2.46B▲ 38.7% | 2.61B▲ 6.4% | 3.62B▲ 38.6% | 3.31B▼ 8.5% | 3.69B▲ 11.5% |
Operating Margin % | 38.61% | 38.86% | 36.7% | 28.17% | 40.4% | 30.96% | 28.94% | 24.69% | 29.99% |
Operating Income Growth % | 12.9% | 7.93% | 1.56% | -30.53% | 38.74% | 6.4% | 38.55% | -8.54% | 11.54% |
Pretax Income | 2.32B▲ 0% | 2.51B▲ 7.9% | 2.55B▲ 1.6% | 1.77B▼ 30.5% | 2.46B▲ 38.7% | 2.61B▲ 6.4% | 3.62B▲ 38.6% | 3.31B▼ 8.5% | 3.69B▲ 11.5% |
Pretax Margin % | 38.61% | 38.86% | 36.7% | 28.17% | 40.4% | 30.96% | 28.94% | 24.69% | 29.99% |
Income Tax | 915.56M | 590.16M | 618.11M | 416.37M | 596M | 620M | 878M | 722M | 841M |
Effective Tax Rate % | 39.4% | 23.53% | 24.27% | 23.53% | 24.28% | 23.74% | 24.26% | 21.81% | 22.78% |
Net Income | 1.41B▲ 0% | 1.92B▲ 36.2% | 1.93B▲ 0.6% | 1.35B▼ 29.9% | 1.86B▲ 37.4% | 1.99B▲ 7.2% | 2.74B▲ 37.6% | 2.59B▼ 5.6% | 2.85B▲ 10.2% |
Net Margin % | 23.4% | 29.72% | 27.79% | 21.54% | 30.6% | 23.61% | 21.92% | 19.31% | 23.16% |
Net Income Growth % | 7.09% | 36.2% | 0.58% | -29.86% | 37.38% | 7.15% | 37.6% | -5.58% | 10.16% |
Net Income (Continuing) | 1.41B | 1.92B | 1.93B | 1.35B | 1.86B | 1.99B | 2.74B | 2.59B | 2.85B |
EPS (Diluted) | 8.70▲ 0% | 12.74▲ 46.4% | 13.75▲ 7.9% | 9.94▼ 27.7% | 13.80▲ 38.8% | 11.53▼ 16.4% | 15.79▲ 36.9% | 14.64▼ 7.3% | 17.00▲ 16.1% |
EPS Growth % | 11.83% | 46.44% | 7.93% | -27.71% | 38.83% | -16.45% | 36.95% | -7.28% | 16.12% |
EPS (Basic) | 8.72 | 12.75 | 13.76 | 9.94 | 13.81 | 11.59 | 15.85 | 14.71 | 17.10 |
Diluted Shares Outstanding | 152.55M | 138.51M | 134.46M | 128.7M | 128.81M | 164.03M | 167M | 167.32M | 156.55M |
M&T Bank Corporation (MTB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 17.4B | 18.39B | 14.94B | 30.04B | 47.22B | 37.35B | 40.35B | 35.33B | 55.42B |
Cash & Due from Banks | 6.5B | 9.71B | 8.62B | 25.22B | 43.21B | 26.48B | 29.8B | 20.78B | 18.77B |
Short Term Investments | 10.9B | 8.68B | 6.32B | 4.82B | 3.96B | 10.75B | 10.44B | 14.45B | 36.65B |
Total Investments | 100.21B | 98.73B | 97.96B | 102.6B | 97.5B | 152.27B | 158.84B | 167.45B | 173.24B |
Investments Growth % | -4.28% | -1.47% | -0.79% | 4.74% | -4.97% | 56.17% | 4.31% | 5.42% | 3.46% |
Long-Term Investments | 89.31B | 90.05B | 91.64B | 97.78B | 93.55B | 141.52B | 148.4B | 153B | 136.59B |
Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill & Intangibles | 4.66B | 4.64B | 4.62B | 4.61B | 4.6B | 8.7B | 8.61B | 8.56B | 8.53B |
Goodwill | 4.59B | 4.59B | 4.59B | 4.59B | 4.59B | 8.49B | 8.46B | 8.46B | 8.46B |
Intangible Assets | 71.59M | 47.07M | 29.03M | 14.16M | 4M | 209M | 147M | 94M | 64M |
PP&E (Net) | 646.45M | 647.41M | 1.14B | 1.16B | 1.14B | 1.65B | 1.74B | 1.71B | 0 |
Other Assets | 5.01B | 4.77B | 5.64B | 7.77B | 7.51B | 8.93B | 6.36B | 9.51B | 12.98B |
Total Current Assets | 18.82B | 19.8B | 16.35B | 31.29B | 48.31B | 39.93B | 43.16B | 35.33B | 55.42B |
Total Non-Current Assets | 99.64B | 100.11B | 103.05B | 111.32B | 106.8B | 160.8B | 165.1B | 172.78B | 158.09B |
Total Assets | 118.59B▲ 0% | 120.1B▲ 1.3% | 119.87B▼ 0.2% | 142.6B▲ 19.0% | 155.11B▲ 8.8% | 200.73B▲ 29.4% | 208.26B▲ 3.8% | 208.1B▼ 0.1% | 213.51B▲ 2.6% |
Asset Growth % | -3.93% | 1.27% | -0.19% | 18.96% | 8.77% | 29.41% | 3.75% | -0.08% | 2.6% |
Return on Assets (ROA) | 1.16% | 1.61% | 1.61% | 1.03% | 1.25% | 1.12% | 1.34% | 1.24% | 1.35% |
Accounts Payable | 1.59B | 1.64B | 2.34B | 2.17B | 2.13B | 4.38B | 4.52B | 0 | 0 |
Total Debt | 8.49B | 12.84B | 7.05B | 4.44B | 3.53B | 7.52B | 13.52B | 13.66B | 13.06B |
Net Debt | 1.99B | 3.13B | -1.57B | -20.77B | -39.68B | -18.96B | -16.28B | -7.12B | -5.71B |
Long-Term Debt | 7.72B | 8.04B | 6.88B | 4.38B | 3.49B | 3.96B | 8.2B | 12.61B | 10.91B |
Short-Term Debt | 771.97M | 4.81B | 164.04M | 59.48M | 47.05M | 3.56B | 5.32B | 1.06B | 2.15B |
Other Liabilities | -175.1M | 0 | 0 | 0 | 0 | 0 | 0 | 4.32B | 0 |
Total Current Liabilities | 94.8B | 96.6B | 97.27B | 122.03B | 133.72B | 171.45B | 173.11B | 162.16B | 173.42B |
Total Non-Current Liabilities | 7.54B | 8.04B | 6.88B | 4.38B | 3.49B | 3.96B | 8.2B | 16.92B | 10.91B |
Total Liabilities | 102.34B | 104.64B | 104.16B | 126.41B | 137.2B | 175.41B | 181.31B | 179.08B | 184.33B |
Total Equity | 16.25B▲ 0% | 15.46B▼ 4.9% | 15.72B▲ 1.7% | 16.19B▲ 3.0% | 17.9B▲ 10.6% | 25.32B▲ 41.4% | 26.96B▲ 6.5% | 29.03B▲ 7.7% | 29.18B▲ 0.5% |
Equity Growth % | -1.43% | -4.87% | 1.66% | 2.99% | 10.6% | 41.41% | 6.47% | 7.68% | 0.52% |
Equity / Assets (Capital Ratio) | 13.7% | 12.87% | 13.11% | 11.35% | 11.54% | 12.61% | 12.94% | 13.95% | 13.67% |
Return on Equity (ROE) | 8.6% | 12.1% | 12.38% | 8.48% | 10.91% | 9.22% | 10.49% | 9.25% | 9.8% |
Book Value per Share | 106.53 | 111.62 | 116.89 | 125.77 | 138.99 | 154.35 | 161.42 | 173.48 | 186.37 |
Tangible BV per Share | 75.95 | 78.12 | 82.51 | 89.97 | 103.30 | 101.32 | 109.85 | 122.33 | 131.89 |
Common Stock | 81.76M | 81.61M | 81.44M | 81.22M | 81.08M | 91M | 91M | 91M | 90M |
Additional Paid-in Capital | 6.59B | 6.58B | 6.59B | 6.62B | 6.63B | 10B | 10.02B | 10B | 10.01B |
Retained Earnings | 10.16B | 11.52B | 12.82B | 13.44B | 14.65B | 15.75B | 17.52B | 19.08B | 20.88B |
Accumulated OCI | -363.81M | -420.08M | -206.68M | -63.03M | -127.58M | -790M | -459M | -164M | 277M |
Treasury Stock | -1.45B | -3.53B | -4.82B | -5.14B | -5.08B | -1.75B | -2.23B | -2.37B | -4.92B |
Preferred Stock | 1.23B | 1.23B | 1.25B | 1.25B | 1.75B | 2.01B | 2.01B | 2.39B | 2.83B |
M&T Bank Corporation (MTB) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 2.78B | 2.09B | 2.36B | 789.19M | 2.71B | 4.57B | 3.9B | 3.61B | 3B |
Operating CF Growth % | 135.08% | -24.88% | 12.81% | -66.53% | 244.02% | 68.47% | -14.63% | -7.55% | -16.81% |
Net Income | 1.41B | 1.92B | 1.93B | 1.35B | 1.86B | 1.99B | 2.74B | 2.59B | 2.85B |
Depreciation & Amortization | 197.13M | 179M | 301.31M | 320.29M | 324.21M | 435M | 497M | 508M | 498M |
Deferred Taxes | 400.79M | 15.86M | 57.55M | -31.29M | 87.16M | -30M | -97M | -27M | 0 |
Other Non-Cash Items | 129.96M | 133.27M | 215.23M | 801.57M | -77.09M | 372M | 400M | 620M | -76M |
Working Capital Changes | 645.75M | -156.36M | -145.68M | -1.65B | 521.72M | 1.8B | 364M | -79M | -406M |
Cash from Investing | 3.39B | -1.41B | 727.01M | -22.02B | -13.63B | 16.59B | -7.87B | -550M | -6.82B |
Purchase of Investments | -1.81B | -1.29B | -1.5B | -48.58M | -2.31B | -9.57B | -4.5B | -14.94B | -9.38B |
Sale/Maturity of Investments | 3.37B | 3.13B | 4.95B | 2.59B | 2.07B | 2.55B | 2.93B | 8.01B | 6.85B |
Net Investment Activity | 1.56B | 1.83B | 3.45B | 2.54B | -243M | -7.01B | -1.57B | -6.94B | -2.54B |
Acquisitions | 0 | 0 | 0 | 0 | 0 | 394M | 0 | 0 | -683M |
Other Investing | 1.91B | -3.15B | -2.55B | -24.39B | -13.24B | 23.43B | -6.05B | 6.6B | -2.4B |
Cash from Financing | -6.08B | -495.25M | -3.25B | 21.35B | 10.7B | -20.98B | 4.18B | -2.88B | 1.8B |
Dividends Paid | -530.14M | -582.9M | -619.59M | -636.37M | -648M | -881M | -968M | -1.03B | -1.04B |
Share Repurchases | -1.21B | -2.19B | -1.73B | -373.75M | -495M | -1.8B | -594M | -746M | -2.63B |
Stock Issued | 0 | 0 | 396M | 0 | 495M | 0 | 0 | 733M | 440M |
Net Stock Activity | -1.21B | -2.19B | -1.34B | -373.75M | 0 | -1.8B | -594M | -13M | -2.19B |
Debt Issuance (Net) | -1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K | 1000K | -1000K |
Other Financing | -3.06B | -2.26B | 4.59B | 25.03B | 11.71B | -21.01B | -230M | -2.07B | 5.79B |
Net Change in Cash | 100.34M▲ 0% | 184.55M▲ 83.9% | -169.13M▼ 191.6% | 116.44M▲ 168.8% | -215M▼ 284.6% | 182.67M▲ 185.0% | 211M▲ 15.5% | 178M▼ 15.6% | -2.01B▼ 1230.9% |
Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash at Beginning | 1.32B | 1.42B | 1.61B | 1.44B | 1.55B | 1.34B | 1.52B | 1.73B | 20.78B |
Cash at End | 1.42B | 1.61B | 1.44B | 1.55B | 1.34B | 1.52B | 1.73B | 1.91B | 18.77B |
Interest Paid | 405.29M | 516.23M | 735.79M | 372.29M | 139M | 429M | 2.69B | 4.32B | 3.52B |
Income Taxes Paid | 494.2M | 375.12M | 320.51M | 275.56M | 314M | 488M | 452M | 236M | 0 |
Free Cash Flow | 2.7B▲ 0% | 1.99B▼ 26.3% | 2.18B▲ 9.4% | 616.9M▼ 71.7% | 2.57B▲ 315.9% | 4.36B▲ 69.9% | 3.65B▼ 16.3% | 3.39B▼ 7.0% | 2.86B▼ 15.7% |
FCF Growth % | 151.27% | -26.3% | 9.4% | -71.7% | 315.91% | 69.91% | -16.29% | -6.99% | -15.73% |
M&T Bank Corporation (MTB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 8.05% | 8.6% | 12.1% | 12.38% | 8.48% | 10.91% | 9.22% | 10.49% | 9.25% | 9.8% |
Return on Assets (ROA) | 1.07% | 1.16% | 1.61% | 1.61% | 1.03% | 1.25% | 1.12% | 1.34% | 1.24% | 1.35% |
Net Interest Margin | 2.81% | 3.19% | 3.39% | 3.45% | 2.71% | 2.47% | 2.9% | 3.42% | 3.29% | 3.25% |
Efficiency Ratio | 53.26% | 52.17% | 50.94% | 49.97% | 53.9% | 58.95% | 57.88% | 41.05% | 39.62% | 44.63% |
Equity / Assets | 13.35% | 13.7% | 12.87% | 13.11% | 11.35% | 11.54% | 12.61% | 12.94% | 13.95% | 13.67% |
Book Value / Share | 104.81 | 106.53 | 111.62 | 116.89 | 125.77 | 138.99 | 154.35 | 161.42 | 173.48 | 186.37 |
NII Growth | 22.07% | 8.97% | 7.7% | 1.42% | -6.39% | -1.07% | 52.21% | 22.21% | -3.7% | 1.4% |
Dividend Payout | 33.6% | 32.48% | 26.61% | 28.62% | 41.98% | 31.2% | 39.36% | 31.67% | 34.58% | 31.53% |
M&T Bank Corporation (MTB) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 15, 2026·SEC
Mar 30, 2026·SEC
Feb 11, 2026·SEC
M&T Bank Corporation (MTB) stock FAQ — growth, dividends, profitability & financials explained
M&T Bank Corporation (MTB) saw revenue decline by 8.2% over the past year.
Yes, M&T Bank Corporation (MTB) is profitable, generating $2.85B in net income for fiscal year 2025 (23.2% net margin).
Yes, M&T Bank Corporation (MTB) pays a dividend with a yield of 2.55%. This makes it attractive for income-focused investors.
M&T Bank Corporation (MTB) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
M&T Bank Corporation (MTB) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.
M&T Bank Corporation (MTB) has an efficiency ratio of 44.6%. This is excellent, indicating strong cost control.