M&T Bank Corporation (MTB-PJ) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
Loading revenue history...
MTB-PJ Revenue Growth
Revenue Breakdown (FY 2020)
MTB-PJ's revenue distribution by segment and geography for fiscal year 2020
By Product/Segment
By Geography
MTB-PJ Revenue Analysis (2013–2024)
As of May 7, 2026, M&T Bank Corporation (MTB-PJ) generated trailing twelve-month (TTM) revenue of $13.26 billion, reflecting modest growth of +1.9% year-over-year. The most recent quarter (Q3 2025) recorded $3.46 billion in revenue, up 5.0% sequentially.
Looking at the longer-term picture, MTB-PJ's 5-year compound annual growth rate (CAGR) stands at +14.1%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $13.40 billion in 2024, representing a new all-time high.
Revenue diversification analysis shows MTB-PJ's business is primarily driven by Retail Banking (29%), Commercial Banking (22%), and Commercial Real Estate Segment (17%).
When compared to Financial Services sector peers including CFG, HBAN, and RF. Compare MTB-PJ vs CFG →
MTB-PJ Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MTB-PJCurrent | $13.3B | +1.9% | +14.1% | 24.7% | |
 CFG | $12.3B | - | - | 15.3% | |
 HBAN | $12.5B | - | - | 21.5% | |
 RF | $9.6B | - | - | 28.5% | |
 KEY | $11.2B | - | - | 20.6% | |
 FITB | $13.0B | - | - | 22.3% |
MTB-PJ Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $13.40B | - | $8.62B | 64.3% | $3.31B | 24.7% |
| 2023 | $12.51B | - | $8.75B | 70.0% | $3.62B | 28.9% |
| 2022 | $8.44B | - | $7.50B | 88.8% | $2.61B | 31.0% |
| 2021 | $6.08B | - | $6.04B | 99.4% | $2.46B | 40.4% |
| 2020 | $6.28B | - | $5.15B | 82.1% | $1.77B | 28.2% |
| 2019 | $6.94B | - | $6.02B | 86.7% | $2.55B | 36.7% |
| 2018 | $6.45B | - | $5.80B | 89.8% | $2.51B | 38.9% |
| 2017 | $6.02B | - | $5.46B | 90.8% | $2.32B | 38.6% |
| 2016 | $5.72B | - | $5.11B | 89.2% | $2.06B | 36.0% |
| 2015 | $5.00B | - | $4.50B | 90.0% | $1.67B | 33.5% |
See MTB-PJ's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MTB-PJ Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MTB-PJ vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonMTB-PJ — Frequently Asked Questions
Quick answers to the most common questions about buying MTB-PJ stock.
Is MTB-PJ's revenue growth accelerating or slowing?
MTB-PJ revenue growth slowed to +1.9%, below the 5-year CAGR of +14.1%. TTM revenue is $13.3B. The deceleration marks a shift from historical growth rates.
What is MTB-PJ's long-term revenue growth rate?
M&T Bank Corporation's 5-year revenue CAGR of +14.1% reflects the variable expansion pattern. Current YoY growth of +1.9% is near this long-term average.
How is MTB-PJ's revenue distributed by segment?
MTB-PJ reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.