MTB
Income statement / Annual
Last year (2024), M&T Bank Corporation's total revenue was $13.41 B,
an increase of 7.18% 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 |
$13.41 B |
$12.51 B |
$8.44 B |
$6.08 B |
$6.28 B |
$6.94 B |
$6.45 B |
$6.02 B |
$5.72 B |
$5.00 B |
| Cost of Revenue |
$4.78 B
|
$3.75 B
|
$942.00 M
|
$39.00 M
|
$1.13 B
|
$925.33 M
|
$658.41 M
|
$554.75 M
|
$615.98 M
|
$498.26 M
|
| Gross Profit |
$8.62 B
|
$8.75 B
|
$7.50 B
|
$6.04 B
|
$5.15 B
|
$6.02 B
|
$5.80 B
|
$5.46 B
|
$5.11 B
|
$4.50 B
|
| Gross Profit Ratio |
0.64
|
0.7
|
0.89
|
0.99
|
0.82
|
0.87
|
0.9
|
0.91
|
0.89
|
0.9
|
| 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
|
$90.00 M
|
$64.00 M
|
$61.90 M
|
$93.47 M
|
$85.71 M
|
$69.20 M
|
$87.14 M
|
$59.23 M
|
| Selling, General & Administrative Expenses |
$3.38 B
|
$3.22 B
|
$2.97 B
|
$2.18 B
|
$2.07 B
|
$2.04 B
|
$1.91 B
|
$1.82 B
|
$1.81 B
|
$1.66 B
|
| Other Expenses |
$1.93 B
|
$1.91 B
|
$1.92 B
|
$1.40 B
|
$1.32 B
|
$1.43 B
|
$1.38 B
|
$1.32 B
|
$1.24 B
|
$1.16 B
|
| Operating Expenses |
$5.31 B
|
$5.13 B
|
$4.88 B
|
$3.58 B
|
$3.39 B
|
$3.47 B
|
$3.29 B
|
$3.14 B
|
$3.05 B
|
$2.82 B
|
| Cost And Expenses |
$10.10 B
|
$8.89 B
|
$5.83 B
|
$3.62 B
|
$4.51 B
|
$4.39 B
|
$3.95 B
|
$3.70 B
|
$3.66 B
|
$3.32 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
|
$114.00 M
|
$326.40 M
|
$749.33 M
|
$526.41 M
|
$386.75 M
|
$425.98 M
|
$328.26 M
|
| Depreciation & Amortization |
$508.00 M
|
$497.00 M
|
$435.00 M
|
$324.00 M
|
$320.29 M
|
$301.32 M
|
$179.01 M
|
$197.13 M
|
$200.59 M
|
$175.35 M
|
| EBITDA |
$3.82 B |
$4.12 B |
$3.05 B |
$2.78 B |
$2.09 B |
$2.85 B |
$2.69 B |
$2.52 B |
$2.26 B |
$1.85 B |
| EBITDA Ratio |
0.28
|
0.33
|
0.36
|
0.46
|
0.33
|
0.41
|
0.42
|
0.42
|
0.39
|
0.37
|
| Operating Income Ratio |
0.25
|
0.29
|
0.31
|
0.4
|
0.28
|
0.37
|
0.39
|
0.39
|
0.36
|
0.34
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| 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 |
0.25
|
0.29
|
0.31
|
0.4
|
0.28
|
0.37
|
0.39
|
0.39
|
0.36
|
0.34
|
| Income Tax Expense |
$722.00 M
|
$878.00 M
|
$620.00 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 |
0.19
|
0.22
|
0.24
|
0.31
|
0.22
|
0.28
|
0.3
|
0.23
|
0.23
|
0.22
|
| EPS |
14.71 |
15.85 |
11.59 |
13.81 |
9.94 |
13.76 |
12.75 |
8.72 |
7.8 |
7.22 |
| EPS Diluted |
14.64 |
15.79 |
11.53 |
13.8 |
9.94 |
13.75 |
12.74 |
8.7 |
7.78 |
7.18 |
| Weighted Average Shares Out |
$166.48 M
|
$166.36 M
|
$163.17 M
|
$128.67 M
|
$128.68 M
|
$134.41 M
|
$138.51 M
|
$152.24 M
|
$156.86 M
|
$136.80 M
|
| Weighted Average Shares Out Diluted |
$167.32 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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