M&T Bank Corporation (MTB) Earnings History
Growth Compounder37 years of earnings data (1989–2025) · Consistent double-digit EPS growth over 5 years
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M&T Bank Corporation (MTB) Earnings Overview
As of June 21, 2026, M&T Bank Corporation (MTB) reported trailing twelve-month net income of $2.85B, reflecting +16.1% year-over-year growth. The company earned $18.21 per diluted share over the past four quarters, with a net profit margin of 23.2%.
Looking at the long-term picture, MTB's 5-year EPS compound annual growth rate (CAGR) stands at +11.3%, showing solid earnings momentum. The company achieved its highest annual net income of $2.85B in fiscal 2025, representing a new all-time high.
M&T Bank Corporation maintains industry-leading profitability with a gross margin of 74.6%, operating margin of 30.0%, and net margin of 23.2%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CFG ($1.83B net income, 16.4% margin), HBAN ($2.21B net income, 17.7% margin), RF ($2.16B net income, 22.4% margin), MTB has outperformed on profitability metrics. Compare MTB vs CFG →
MTB Earnings vs Peers
Earnings metrics vs comparable public companies
MTB Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.85B | +10.2% | $3.69B | $17.00 | 23.2% | 30.0% |
| 2024 | $2.59B | -5.6% | $3.31B | $14.64 | 19.3% | 24.7% |
| 2023 | $2.74B | +37.6% | $3.62B | $15.79 | 21.9% | 28.9% |
| 2022 | $1.99B | +7.2% | $2.61B | $11.53 | 23.6% | 31.0% |
| 2021 | $1.86B | +37.4% | $2.46B | $13.80 | 30.6% | 40.4% |
| 2020 | $1.35B | -29.9% | $1.77B | $9.94 | 21.5% | 28.2% |
| 2019 | $1.93B | +0.6% | $2.55B | $13.75 | 27.8% | 36.7% |
| 2018 | $1.92B | +36.2% | $2.51B | $12.74 | 29.7% | 38.9% |
| 2017 | $1.41B | +7.1% | $2.32B | $8.70 | 23.4% | 38.6% |
| 2016 | $1.32B | +21.8% | $2.06B | $7.78 | 23.0% | 36.0% |
| 2015 | $1.08B | +1.3% | $1.67B | $7.18 | 21.6% | 33.5% |
| 2014 | $1.07B | -6.3% | $1.64B | $7.42 | 22.5% | 34.7% |
| 2013 | $1.14B | +10.6% | $1.77B | $8.20 | 23.5% | 36.5% |
| 2012 | $1.03B | +19.8% | $1.55B | $7.54 | 22.2% | 33.5% |
| 2011 | $859M | +16.8% | $1.22B | $6.35 | 19.5% | 27.8% |
| 2010 | $736M | +93.8% | $1.09B | $5.69 | 19.1% | 28.3% |
| 2009 | $380M | -31.7% | $519M | $2.89 | 10.0% | 13.7% |
| 2008 | $556M | -15.0% | $740M | $5.01 | 13.1% | 17.4% |
| 2007 | $654M | -22.0% | $964M | $5.95 | 14.6% | 21.6% |
| 2006 | $839M | +7.3% | $1.23B | $7.37 | 19.2% | 28.2% |
| 2005 | $782M | +8.3% | $1.17B | $6.73 | 20.9% | 31.3% |
| 2004 | $723M | +25.9% | $1.07B | $6.00 | 22.3% | 32.9% |
| 2003 | $574M | +18.3% | $851M | $4.95 | 19.4% | 28.8% |
| 2002 | $485M | +28.3% | $716M | $4.78 | 20.6% | 30.4% |
| 2001 | $378M | +32.1% | $584M | $3.82 | 14.7% | 22.6% |
| 2000 | $286M | +7.7% | $446M | $3.44 | 13.6% | 21.3% |
| 1999 | $266M | +27.7% | $418M | $3.28 | 15.1% | 23.8% |
| 1998 | $208M | +18.0% | $326M | $2.62 | 12.8% | 20.1% |
| 1997 | $176M | +16.6% | $282M | $2.53 | 14.0% | 22.4% |
| 1996 | $151M | +15.3% | $249M | $2.11 | 12.9% | 21.3% |
| 1995 | $131M | +11.7% | $221M | $1.80 | 12.2% | 20.5% |
| 1994 | $117M | +15.0% | $195M | $1.57 | 13.5% | 22.3% |
| 1993 | $102M | +4.2% | $174M | $1.34 | 12.0% | 20.4% |
| 1992 | $98M | +45.7% | $163M | $1.30 | 11.0% | 18.3% |
| 1991 | $67M | +24.7% | $115M | $0.92 | 7.9% | 13.5% |
| 1990 | $54M | +30.8% | $85M | $0.79 | 7.6% | 11.9% |
| 1989 | $41M | - | $76M | $0.70 | 6.6% | 12.2% |
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MTB — Frequently Asked Questions
Quick answers to the most common questions about buying MTB stock.
What is MTB earnings per share (EPS)?
MTB trailing twelve-month (TTM) diluted EPS is $18.21, reflecting +16.1% year-over-year growth. The 5-year EPS CAGR is +11.3%. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is M&T Bank Corporation's net income?
M&T Bank Corporation (MTB) trailing twelve-month net income is $2.9B as of 2025. Earnings grew +16.1% year-over-year. M&T Bank Corporation has been profitable for 37 consecutive years.
Is MTB profitable?
Yes, MTB is profitable with a TTM net income of $2.9B and a net profit margin of +23.2%. M&T Bank Corporation has generated profits for 37 consecutive years.
What is MTB's earnings growth rate?
MTB compound annual EPS growth rates (CAGR): 1-Year: +16.1%, 3-Year: +13.8%, 5-Year: +11.3%, 10-Year: +9.0%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are MTB's profit margins?
M&T Bank Corporation net profit margin is +23.2%, operating margin is +30.0%, and gross margin is +74.6%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +9.8%.
Is MTB growing earnings?
Yes, MTB earnings are accelerating — EPS growth of +16.1% exceeds the 5-year CAGR of +11.3%. TTM net income reached $2.9B. Earnings momentum is strengthening.
What was MTB's best earnings year?
M&T Bank Corporation's highest annual net income on record is $2.9B, achieved in fiscal year 2025. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were MTB's earnings last quarter?
MTB's most recent reported quarter was Q4 2025. Net income was $759M with diluted EPS of $4.67. For a full breakdown of all quarters, see the quarterly earnings table on this page.