MTB
Income statement / Annual
Last year (2023), M&T Bank Corporation's total revenue was $9.40 B,
an increase of 16.85% from the previous year.
In 2023, M&T Bank Corporation's net income was $2.74 B.
See M&T Bank Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
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 |
12/31/2014 |
| Operating Revenue |
$9.40 B
|
$8.04 B
|
$5.99 B
|
$5.95 B
|
$6.19 B
|
$5.93 B
|
$5.63 B
|
$5.30 B
|
$4.68 B
|
$4.47 B
|
| Cost of Revenue |
-$826.00 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$10.22 B |
$8.04 B |
$5.99 B |
$5.95 B |
$6.19 B |
$5.93 B |
$5.63 B |
$5.30 B |
$4.68 B |
$4.47 B |
| Gross Profit Ratio |
1.09 |
1 |
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 |
$3.12 B
|
$2.88 B
|
$2.12 B
|
$2.00 B
|
$1.94 B
|
$1.82 B
|
$1.75 B
|
$1.73 B
|
$1.60 B
|
$1.46 B
|
| Selling & Marketing
Expenses |
$108.00 M
|
$90.75 M
|
$64.43 M
|
$61.90 M
|
$93.47 M
|
$85.71 M
|
$69.20 M
|
$87.14 M
|
$59.15 M
|
$47.11 M
|
| Selling, General &
Administrative Expenses |
$3.22 B
|
$2.97 B
|
$2.18 B
|
$2.07 B
|
$2.04 B
|
$1.91 B
|
$1.82 B
|
$1.82 B
|
$1.60 B
|
$1.46 B
|
| Other Expenses |
-$1.86 B |
-$2.88 B |
-$5.72 B |
-$6.25 B |
-$5.68 B |
-$4.80 B |
-$1.20 B |
-$1.04 B |
-$4.13 B |
-$3.90 B |
| Operating Expenses |
$108.00 M |
$90.75 M |
-$3.54 B |
-$4.19 B |
-$3.64 B |
-$2.89 B |
$69.20 M |
$87.14 M |
-$2.53 B |
-$2.44 B |
| Cost And Expenses |
$108.00 M |
$90.75 M |
-$3.54 B |
-$4.19 B |
-$3.64 B |
-$2.89 B |
$69.20 M |
$87.14 M |
-$2.53 B |
-$2.44 B |
| Interest Income |
$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 |
$2.96 B |
| Interest Expense |
$3.11 B |
$425.16 M |
$114.01 M |
$326.40 M |
$749.33 M |
$526.41 M |
$386.75 M |
$425.98 M |
$328.26 M |
$280.43 M |
| Depreciation &
Amortization |
$366.00 M
|
$337.68 M
|
$234.44 M
|
$235.47 M
|
$229.43 M
|
$129.39 M
|
$140.95 M
|
$149.61 M
|
$26.42 M
|
$33.82 M
|
| EBITDA |
$3.62 B
|
$3.09 B
|
$2.47 B
|
$1.78 B
|
$2.57 B
|
$3.21 B
|
$2.91 B
|
$2.68 B
|
$2.18 B
|
$2.07 B
|
| EBITDA Ratio |
0.39 |
0.38 |
0.41 |
0.3 |
0.41 |
0.54 |
0.52 |
0.51 |
0.47 |
0.46 |
| Operating Income Ratio
|
0.39
|
0.38
|
0.41
|
0.3
|
0.41
|
0.51
|
0.51
|
0.5
|
0.46
|
0.45
|
| Total Other
Income/Expenses Net |
$3.62 B
|
-$425.16 M
|
$2.36 B
|
$1.63 B
|
$2.44 B
|
-$526.41 M
|
-$552.51 M
|
-$583.96 M
|
-$477.18 M
|
-$445.34 M
|
| Income Before Tax |
$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 |
$1.59 B |
| Income Before Tax Ratio
|
0.39
|
0.32
|
0.41
|
0.3
|
0.41
|
0.42
|
0.41
|
0.39
|
0.36
|
0.36
|
| Income Tax Expense |
$878.00 M |
$619.46 M |
$596.40 M |
$416.37 M |
$618.11 M |
$590.16 M |
$915.56 M |
$743.28 M |
$595.03 M |
$522.62 M |
| Net Income |
$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 |
$1.07 B |
| Net Income Ratio |
0.29 |
0.25 |
0.31 |
0.23 |
0.31 |
0.32 |
0.25 |
0.25 |
0.23 |
0.24 |
| EPS |
15.85 |
11.59 |
13.81 |
9.94 |
13.76 |
13.85 |
8.72 |
7.8 |
7.22 |
7.47 |
| EPS Diluted |
15.78 |
11.53 |
13.8 |
9.94 |
13.75 |
13.85 |
8.7 |
7.78 |
7.18 |
7.42 |
| Weighted Average Shares
Out |
$166.36 M
|
$163.17 M
|
$128.65 M
|
$128.64 M
|
$134.43 M
|
$138.51 M
|
$152.24 M
|
$156.86 M
|
$136.80 M
|
$131.00 M
|
| Weighted Average Shares
Out Diluted |
$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
|
$131.84 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
