M&T Bank Corporation (MTB) Earnings History
Annual and quarterly earnings data from 1989 to 2024
Loading earnings history...
MTB EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MTB Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 64.3% | 24.7% | 19.3% |
| 2023 | 70.0% | 28.9% | 21.9% |
| 2022 | 88.8% | 31.0% | 23.6% |
| 2021 | 99.4% | 40.4% | 30.6% |
| 2020 | 82.1% | 28.2% | 21.5% |
Download Data
Export MTB earnings history in CSV or JSON format
Free sign-in required to download data
M&T Bank Corporation (MTB) Earnings Overview
As of May 7, 2026, M&T Bank Corporation (MTB) reported trailing twelve-month net income of $2.77B, reflecting -7.3% year-over-year growth. The company earned $17.71 per diluted share over the past four quarters, with a net profit margin of 19.3%.
Looking at the long-term picture, MTB's 5-year EPS compound annual growth rate (CAGR) stands at +1.3%, reflecting modest earnings expansion. The company achieved its highest annual net income of $2.74B in fiscal 2023.
M&T Bank Corporation maintains industry-leading profitability with a gross margin of 64.3%, operating margin of 24.7%, and net margin of 19.3%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CFG ($1.70B net income, 12.2% 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 (1989–2024)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 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% |
Full MTB Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See MTB's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs MTB Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare MTB vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonMTB — Frequently Asked Questions
Quick answers to the most common questions about buying MTB stock.
Is MTB growing earnings?
MTB EPS fell to $17.71, with earnings declining -7.3%. This contrasts with the 5-year CAGR of +1.3%. TTM net income dropped to $2.8B.
What are MTB's profit margins?
M&T Bank Corporation net margin is +19.3%, with operating margin at +24.7%. Above-average margins indicate pricing power.
How consistent are MTB's earnings?
MTB earnings data spans 1989-2024. The declining earnings trend is -7.3% YoY. Historical data enables comparison across business cycles.