M&T Bank Corporation (MTB)
NYSE: MTB
· Real-Time Price · USD
190.08
-3.87 (-2.00%)
At close: Aug 15, 2025, 3:59 PM
190.75
0.35%
After-hours: Aug 15, 2025, 07:58 PM EDT
M&T Bank Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 13.2B | 13.28B | 13.4B | 13.36B | 13.17B | 13.12B | 12.71B | 12.17B | 11.31B | 10.03B | 8.6B | 7.39B | 6.6B | 6.05B | 6.11B | 6.16B | 6.12B | 6.15B |
Cost of Revenue | 4.31B | 4.51B | 4.78B | 4.91B | 4.74B | 4.39B | 3.75B | 3.09B | 2.29B | 1.54B | 942.16M | 375.05M | 162.93M | 62.52M | 39.01M | 153.89M | 356.26M | 743.35M |
Gross Profit | 8.88B | 8.76B | 8.62B | 8.45B | 8.43B | 8.73B | 8.96B | 9.08B | 9.02B | 8.49B | 7.66B | 7.01B | 6.44B | 5.99B | 6.07B | 6B | 5.76B | 5.41B |
Operating Income | 3.49B | 3.41B | 3.31B | 3.05B | 3.05B | 3.36B | 3.62B | 4B | 3.94B | 3.06B | 2.61B | 2.2B | 2.01B | 2.34B | 2.46B | 2.48B | 2.31B | 2.01B |
Interest Income | 10.66B | 10.84B | 11.03B | 11.06B | 10.91B | 10.64B | 10.22B | 9.56B | 8.7B | 7.65B | 6.25B | 5.13B | 4.34B | 3.85B | 3.94B | 4.02B | 4.03B | 4.09B |
Pretax Income | 3.49B | 3.41B | 3.31B | 3.05B | 3.05B | 3.36B | 3.62B | 4B | 3.94B | 3.06B | 2.61B | 2.2B | 2.01B | 2.34B | 2.46B | 2.48B | 2.31B | 2.01B |
Net Income | 2.7B | 2.64B | 2.59B | 2.39B | 2.36B | 2.57B | 2.74B | 3.02B | 2.98B | 2.33B | 1.99B | 1.68B | 1.53B | 1.77B | 1.86B | 1.87B | 1.75B | 1.53B |
Selling & General & Admin | 3.41B | 3.4B | 3.35B | 3.32B | 3.27B | 3.24B | 3.22B | 3.2B | 3.2B | 3.23B | 2.97B | 2.77B | 2.53B | 2.22B | 2.18B | 2.13B | 2.09B | 2.06B |
Research & Development | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Other Expenses | 1.99B | 1.96B | 1.96B | 2.08B | 2.1B | 2.13B | 2.12B | 1.88B | 1.87B | 2.2B | 2.08B | 2.04B | 1.9B | 1.43B | 1.43B | 1.4B | 1.36B | 1.33B |
Operating Expenses | 5.39B | 5.36B | 5.31B | 5.4B | 5.38B | 5.37B | 5.34B | 5.08B | 5.08B | 5.43B | 5.05B | 4.81B | 4.43B | 3.65B | 3.61B | 3.53B | 3.46B | 3.4B |
Interest Expense | 3.8B | 3.97B | 4.17B | 4.21B | 4.02B | 3.67B | 3.11B | 2.34B | 1.57B | 910.08M | 425.16M | 205.05M | 127.93M | 102.52M | 114.01M | 138.89M | 171.26M | 218.35M |
Selling & Marketing Expenses | 104M | 106M | 104M | 99.69M | 95.69M | 96.69M | 107.69M | 114.69M | 113.09M | 105.72M | 90.75M | 79.28M | 73.09M | 65.82M | 64.43M | 61.03M | 57.68M | 54.16M |
Cost & Expenses | 9.71B | 9.87B | 10.1B | 10.31B | 10.12B | 9.76B | 9.09B | 8.17B | 7.37B | 6.97B | 5.99B | 5.19B | 4.59B | 3.71B | 3.65B | 3.68B | 3.81B | 4.14B |
Income Tax Expense | 785M | 766M | 722M | 664.26M | 693.26M | 785.26M | 876.26M | 978.25M | 962.17M | 730.31M | 619.46M | 516.17M | 476.83M | 564.25M | 596.4M | 603.82M | 556.99M | 480.74M |
Shares Outstanding (Basic) | 156.53M | 164.21M | 165.98M | 166.67M | 166.95M | 166.46M | 166.15M | 165.91M | 165.84M | 167.73M | 171.09M | 174.61M | 177.37M | 128.94M | 128.83M | 128.64M | 128.67M | 128.56M |
Shares Outstanding (Diluted) | 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 | 128.84M | 128.84M | 128.67M |
EPS (Basic) | 15.53 | 15.00 | 14.71 | 13.58 | 13.54 | 14.86 | 15.85 | 17.42 | 16.97 | 12.98 | 11.58 | 10.63 | 10.78 | 13.11 | 13.81 | 13.96 | 13.01 | 11.34 |
EPS (Diluted) | 15.44 | 14.93 | 14.63 | 13.51 | 13.47 | 14.79 | 15.78 | 17.33 | 16.88 | 12.91 | 11.52 | 10.60 | 10.76 | 13.09 | 13.80 | 13.95 | 13.01 | 11.34 |
EBITDA | 3.87B | 3.92B | 3.82B | 3.56B | 3.57B | 3.87B | 4.11B | 4.47B | 4.41B | 3.53B | 3.05B | 2.61B | 2.38B | 2.67B | 2.78B | 2.8B | 2.63B | 2.33B |
EBIT | 3.49B | 3.41B | 3.31B | 3.05B | 3.05B | 3.36B | 3.62B | 4B | 3.94B | 3.06B | 2.61B | 2.2B | 2.01B | 2.34B | 2.46B | 2.48B | 2.31B | 2.01B |
Depreciation & Amortization | 381M | 508M | 508M | 508.32M | 516.32M | 514.32M | 497.32M | 469.22M | 466.56M | 463.83M | 434.14M | 413.69M | 370.71M | 327.71M | 324.21M | 323.68M | 324.82M | 322.43M |