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M&T Bank (MTB)

NYSE Financials Regional Banks S&P 500
$217.75
-2.03 (-0.92%)
Close of Nov 06, 2026 · end-of-day data
Source: M&T Bank's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$5.30B$5.63B$5.93B$6.19B$5.95B$5.99B$1.52B$1.48B$1.54B$1.66B
Interest expense$425.98M$386.75M$526.41M$749.33M$326.39M$114.00M$425.00M$3.11B——
Pre-tax income$2.06B$2.32B$2.51B$2.55B$1.77B$2.46B$2.61B$3.62B$3.31B$3.69B
Income tax$743.28M$915.56M$590.16M$618.11M$416.37M$596.00M$620.00M$878.00M$722.00M$841.00M
Net income$1.32B$1.41B$1.92B$1.93B$1.35B$1.86B$1.99B$2.74B$2.59B$2.85B
EPS (basic)$7.80$8.72$12.75$13.76$9.94$13.81$11.59$15.85$14.71$17.10
EPS (diluted)$7.78$8.70$12.74$13.75$9.94$13.80$11.53$15.79$14.64$17.00
Diluted shares157.30M152.55M144.15M134.46M128.70M128.81M164.03M167.00M167.32M158.79M
Net margin24.8%25.0%32.4%31.2%22.7%31.0%130.6%184.7%167.9%172.1%

Balance sheet

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.32B$1.42B$1.61B$1.44B$1.55B$1.34B$26.48B$29.80B$20.78B$18.77B
Goodwill$4.59B$4.59B$4.59B$4.59B$4.59B$4.59B$8.49B$8.46B$8.46B$8.46B
Total assets$123.45B$118.59B$120.10B$119.87B$142.60B$155.11B$200.73B$208.26B$208.10B$213.51B
Short-term debt$163.44M$175.10M$4.40B$62.36M$59.48M$47.05M$3.56B$5.32B$1.06B$2.15B
Long-term debt$9.49B$8.14B$8.44B$6.99B$4.38B$3.49B$3.96B$8.20B$12.61B$10.91B
Total debt$9.66B$8.32B$12.84B$7.05B$4.44B$3.53B$7.52B$13.52B$13.66B$13.06B
Total liabilities$106.96B$102.34B$104.64B$104.16B$126.41B$137.20B$175.41B$181.31B$179.08B$184.33B
Shareholders' equity$16.49B$16.25B$15.46B$15.72B$16.19B$17.90B$25.32B$26.96B$29.03B$29.18B

Cash flow

fiscal years · USD
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.18B$2.78B$2.09B$2.36B$789.19M$2.71B$4.57B$3.90B$3.61B$3.00B
Capital expenditures$108.00M$79.00M$98.00M$178.00M$172.00M$149.00M$214.00M$256.00M——
Free cash flow$1.08B$2.70B$1.99B$2.18B$617.19M$2.57B$4.36B$3.65B$3.61B$3.00B
Investing cash flow-$720.77M$3.39B-$1.41B$727.01M-$22.02B-$13.63B$16.59B-$4.76B-$9.75B-$6.82B
Financing cash flow-$510.13M-$6.08B-$495.25M-$3.25B$21.35B$10.70B-$20.98B$4.18B-$2.88B$1.80B
Dividends paid$441.89M$457.40M$510.38M$552.14M$568.11M$580.00M$784.00M$868.00M$895.00M$899.00M
Share buybacks$641.33M$1.21B$2.19B$1.35B$373.75M—$1.80B$594.00M$396.00M$2.63B
Stock-based compensation$65.00M$61.00M$66.00M$76.00M$80.00M$85.00M$111.00M$118.00M$116.00M$136.00M
Depreciation & amortization$107.00M$109.59M$104.86M———$282.00M$304.00M$316.00M$323.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.