M&T Bank Corporation (MTB) quarterly income statement — complete revenue, gross profit & net income history
M&T Bank Corporation (MTB) annual income statement — 30-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Net Interest Income | 1.79B | 1.79B | 1.75B | 1.78B | 1.76B | 1.71B | 1.7B | 1.73B | 1.73B | 1.72B | 1.68B | 1.72B | 1.77B | 1.8B | 1.82B | 1.83B | 1.68B | 1.41B | 904.17M | 933.79M |
| NII Growth % | 1.82% | 4.61% | 3.36% | 2.95% | 2.03% | -0.29% | 0.89% | 0.34% | -2.76% | -4.5% | -7.59% | -5.75% | 5.74% | 27.43% | 101.07% | 95.69% | 73.55% | 49.81% | -7.87% | -5.61% |
| Net Interest Margin % | 0.81% | 0.82% | 0.82% | 0.83% | 0.83% | 0.81% | 0.81% | 0.83% | 0.81% | 0.82% | 0.78% | 0.83% | 0.85% | 0.87% | 0.9% | 0.91% | 0.85% | 0.69% | 0.6% | 0.6% |
| Interest Income | 2.67B | 2.62B | 2.54B | 2.64B | 2.68B | 2.61B | 2.56B | 2.71B | 2.79B | 2.79B | 2.75B | 2.74B | 2.64B | 2.52B | 2.33B | 2.07B | 1.78B | 1.47B | 928.26M | 958.52M |
| Interest Expense | 874M | 828M | 784M | 858M | 919M | 896M | 865M | 979M | 1.06B | 1.07B | 1.06B | 1.02B | 866M | 717M | 509M | 244.84M | 102.82M | 53.42M | 24.08M | 24.73M |
| Loan Loss Provision | 135M | 120M | 140M | 125M | 125M | 125M | 130M | 140M | 120M | 150M | 200M | 225M | 150M | 150M | 120M | 332M | 115M | 60M | 10M | -15M |
| Non-Interest Income | 743M | 740M | 689M | 696M | 752M | 683M | 611M | 634M | 606M | 584M | 555M | 558.12M | 560M | 803M | 567M | 681.54M | 563.08M | 571.1M | 540.89M | 578.64M |
| Non-Interest Income % | 29.3% | 29.23% | 28.23% | 28.12% | 29.92% | 28.51% | 26.5% | 26.84% | 25.99% | 25.37% | 24.83% | 24.48% | 23.98% | 30.86% | 23.77% | 27.16% | 25.12% | 28.8% | 37.43% | 38.26% |
| Total Net Revenue | 2.54B | 2.53B | 2.44B | 2.48B | 2.51B | 2.4B | 2.31B | 2.36B | 2.33B | 2.3B | 2.23B | 2.28B | 2.33B | 2.6B | 2.38B | 2.51B | 2.24B | 1.98B | 1.45B | 1.51B |
| Revenue Growth % | 0.92% | 5.68% | 5.85% | 4.78% | 7.76% | 4.08% | 3.18% | 3.58% | -0.13% | -11.53% | -6.29% | -9.11% | 4.16% | 31.23% | 65.04% | 65.89% | 45.91% | 36.19% | -2.82% | -1.82% |
| Non-Interest Expense | 1.39B | 1.15B | 1.44B | 1.38B | 1.36B | 1.34B | 1.42B | 1.34B | 1.3B | 1.3B | 1.37B | 1.43B | 1.28B | 1.29B | 1.34B | 1.17B | 1.28B | 1.65B | 959.74M | 927.5M |
| Efficiency Ratio | 54.93% | 45.22% | 58.91% | 55.72% | 54.24% | 55.76% | 61.36% | 56.73% | 55.87% | 56.34% | 61.34% | 62.7% | 54.73% | 49.69% | 56.14% | 46.49% | 57.06% | 82.97% | 66.42% | 61.33% |
| Operating Income | 1.01B | 1.27B | 863M | 971M | 1.02B | 935M | 761M | 882M | 909M | 855M | 664M | 625.66M | 907M | 1.16B | 926M | 1.01B | 847.52M | 277.66M | 475.32M | 599.93M |
| Operating Margin % | 39.75% | 50.04% | 35.35% | 39.23% | 40.79% | 39.02% | 33% | 37.34% | 38.98% | 37.14% | 29.71% | 27.44% | 38.84% | 44.54% | 38.83% | 40.28% | 37.81% | 14% | 32.89% | 39.67% |
| Operating Income Growth % | -1.66% | 35.51% | 13.4% | 10.09% | 12.76% | 9.36% | 14.61% | 40.97% | 0.22% | -26.23% | -28.29% | -38.09% | 7.02% | 317.41% | 94.82% | 68.46% | 28.99% | -54.15% | -19.78% | -3.32% |
| Pretax Income | 1.01B | 1.06B | 863M | 971M | 1.02B | 935M | 761M | 882M | 909M | 855M | 664M | 625.66M | 907M | 1.16B | 926M | 1.01B | 847.52M | 277.66M | 475.32M | 599.93M |
| Pretax Margin % | 39.75% | 41.98% | 35.35% | 39.23% | 40.79% | 39.02% | 33% | 37.34% | 38.98% | 37.14% | 29.71% | 27.44% | 38.84% | 44.54% | 38.83% | 40.28% | 37.81% | 14% | 32.89% | 39.67% |
| Income Tax | 233M | 245M | 199M | 212M | 233M | 219M | 177M | 201M | 188M | 200M | 133M | 143.26M | 217M | 292M | 224M | 245.25M | 200.92M | 60.14M | 113.15M | 141.96M |
| Effective Tax Rate % | 23.12% | 23.05% | 23.06% | 21.83% | 22.73% | 23.42% | 23.26% | 22.79% | 20.68% | 23.39% | 20.03% | 22.9% | 23.93% | 25.19% | 24.19% | 24.27% | 23.71% | 21.66% | 23.8% | 23.66% |
| Net Income | 775M | 818M | 664M | 759M | 792M | 716M | 584M | 681M | 721M | 655M | 531M | 482.4M | 690M | 867M | 702M | 765.37M | 646.6M | 217.52M | 362.17M | 457.97M |
| Net Margin % | 30.56% | 32.31% | 27.2% | 30.67% | 31.52% | 29.88% | 25.33% | 28.83% | 30.92% | 28.45% | 23.76% | 21.15% | 29.55% | 33.32% | 29.43% | 30.51% | 28.84% | 10.97% | 25.06% | 30.28% |
| Net Income Growth % | -2.15% | 14.25% | 13.7% | 11.45% | 9.85% | 9.31% | 9.98% | 41.17% | 4.49% | -24.45% | -24.36% | -36.97% | 6.71% | 298.58% | 93.83% | 67.12% | 30.5% | -52.51% | -19.02% | -2.8% |
| Net Income (Continuing) | 775M | 818M | 664M | 759M | 792M | 716M | 584M | 681M | 721M | 655M | 531M | 482.4M | 690M | 867M | 702M | 765.37M | 646.6M | 217.52M | 362.17M | 457.97M |
| EPS (Diluted) | 5.04 | 5.23 | 4.24 | 4.67 | 4.82 | 4.24 | 3.32 | 3.86 | 4.02 | 3.73 | 3.02 | 2.74 | 3.98 | 5.05 | 4.01 | 4.29 | 3.53 | 1.08 | 2.62 | 3.37 |
| EPS Growth % | 4.56% | 23.35% | 27.71% | 20.98% | 19.9% | 13.67% | 9.93% | 40.88% | 1% | -26.14% | -24.69% | -36.13% | 12.75% | 367.59% | 53.05% | 27.3% | -4.34% | -68.33% | -21.32% | -4.26% |
| EPS (Basic) | 5.08 | 5.23 | 4.24 | 4.67 | 4.82 | 4.28 | 3.33 | 3.88 | 4.04 | 3.75 | 3.04 | 2.75 | 4.00 | 5.07 | 4.03 | 4.32 | 3.55 | 1.08 | 2.63 | 3.37 |
| Diluted Shares Outstanding | 145.17M | 156.55M | 156.55M | 156.55M | 156.55M | 160M | 165.05M | 166.97M | 167.57M | 167.66M | 167.08M | 166.73M | 166.57M | 166.32M | 168.41M | 172.15M | 175.68M | 178.28M | 129.42M | 128.89M |