MTB
Income statement / Annual
Last year (2024), M&T Bank Corporation's total revenue was $11.03 B,
an increase of 22.54% from the previous year.
In 2024, M&T Bank Corporation's net income was $2.59 B.
See M&T Bank Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$11.03 B |
$9.00 B |
$8.01 B |
$5.96 B |
$5.95 B |
$6.19 B |
$5.93 B |
$5.63 B |
$5.30 B |
$4.67 B |
| Cost of Revenue |
$1.80 B
|
-$400.00 M
|
$0.00
|
-$29.77 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$9.23 B
|
$9.40 B
|
$8.01 B
|
$5.99 B
|
$5.95 B
|
$6.19 B
|
$5.93 B
|
$5.63 B
|
$5.30 B
|
$4.67 B
|
| Gross Profit Ratio |
0.84
|
1.04
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$3.27 B
|
$3.12 B
|
$2.88 B
|
$2.12 B
|
$2.00 B
|
$1.94 B
|
$1.82 B
|
$1.75 B
|
$1.72 B
|
$1.60 B
|
| Selling & Marketing Expenses |
$104.00 M
|
$108.00 M
|
$90.75 M
|
$64.43 M
|
$61.90 M
|
$93.47 M
|
$85.71 M
|
$69.20 M
|
$87.14 M
|
$59.23 M
|
| Selling, General & Administrative Expenses |
$104.00 M
|
$4.48 B
|
$2.97 B
|
$2.18 B
|
$2.07 B
|
$2.59 B
|
$1.91 B
|
$1.82 B
|
$1.81 B
|
$1.60 B
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$104.00 M
|
$4.48 B
|
$4.04 B
|
$3.07 B
|
$2.63 B
|
$2.59 B
|
$2.37 B
|
$2.23 B
|
$2.19 B
|
$2.03 B
|
| Cost And Expenses |
$104.00 M
|
$4.48 B
|
$4.04 B
|
$3.07 B
|
$4.47 B
|
$2.59 B
|
$2.37 B
|
$2.23 B
|
$2.19 B
|
$2.03 B
|
| Interest Income |
$11.03 B
|
$10.22 B
|
$6.25 B
|
$3.94 B
|
$4.19 B
|
$4.88 B
|
$4.60 B
|
$4.17 B
|
$3.90 B
|
$3.17 B
|
| Interest Expense |
$4.17 B
|
$3.11 B
|
$425.00 M
|
$113.78 M
|
$326.40 M
|
$749.33 M
|
$526.41 M
|
$386.75 M
|
$425.98 M
|
$328.26 M
|
| Depreciation & Amortization |
$0.00
|
$497.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| EBITDA |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| EBITDA Ratio |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
| Operating Income Ratio |
0.99
|
0.5
|
0.45
|
0.5
|
0.27
|
0.55
|
0.58
|
0.57
|
0.55
|
0.53
|
| Total Other Income/Expenses Net |
-$7.61 B
|
-$904.00 M
|
-$1.01 B
|
-$543.00 M
|
$134.68 M
|
-$832.71 M
|
-$916.58 M
|
-$906.61 M
|
-$854.88 M
|
-$812.67 M
|
| Income Before Tax |
$3.31 B
|
$3.62 B
|
$2.61 B
|
$2.46 B
|
$1.77 B
|
$2.55 B
|
$2.51 B
|
$2.32 B
|
$2.06 B
|
$1.67 B
|
| Income Before Tax Ratio |
0.3
|
0.4
|
0.33
|
0.41
|
0.3
|
0.41
|
0.42
|
0.41
|
0.39
|
0.36
|
| Income Tax Expense |
$722.00 M
|
$878.00 M
|
$619.46 M
|
$596.00 M
|
$416.37 M
|
$618.11 M
|
$590.16 M
|
$915.56 M
|
$743.28 M
|
$595.03 M
|
| Net Income |
$2.59 B
|
$2.74 B
|
$1.99 B
|
$1.86 B
|
$1.35 B
|
$1.93 B
|
$1.92 B
|
$1.41 B
|
$1.32 B
|
$1.08 B
|
| Net Income Ratio |
0.23
|
0.3
|
0.25
|
0.31
|
0.23
|
0.31
|
0.32
|
0.25
|
0.25
|
0.23
|
| EPS |
16.36 |
15.85 |
11.59 |
13.81 |
9.94 |
13.76 |
12.75 |
8.72 |
7.8 |
7.22 |
| EPS Diluted |
16.27 |
15.79 |
11.53 |
13.8 |
9.94 |
13.75 |
12.74 |
8.7 |
7.78 |
7.18 |
| Weighted Average Shares Out |
$166.67 M
|
$166.36 M
|
$163.17 M
|
$134.71 M
|
$136.16 M
|
$140.25 M
|
$150.59 M
|
$161.83 M
|
$169.09 M
|
$150.34 M
|
| Weighted Average Shares Out Diluted |
$167.57 M
|
$167.00 M
|
$164.03 M
|
$128.81 M
|
$128.70 M
|
$134.46 M
|
$138.51 M
|
$152.55 M
|
$157.30 M
|
$137.53 M
|
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