M&T Bank Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,851	2,588	2,741	1,992	1,859
Depreciation & Amortization	498	508	497	435	324
Gain (Loss) on Sale of Assets	-87	-30	-249	-153	-10
Total Asset Writedown	18	40	4	8	8
Provision for Credit Losses	505	610	645	517	-75
Change in Trading Asset Securities	-358	-57	-266	1,227	567
Accrued Interest Receivable	-48	-176	261	-123	66
Change in Other Net Operating Assets	-358	154	369	701	-111
Other Operating Activities	-18	-27	-97	-30	87
Operating Cash Flow	3,003	3,610	3,905	4,574	2,715
Operating Cash Flow Growth	-16.81%	-7.55%	-14.63%	68.47%	244.02%
Capital Expenditures	-143	-216	-256	-214	-149
Cash Acquisitions	-	-	-	394	-
Investment in Securities	-2,179	-6,936	-1,572	19,092	-18,451
Net Decrease (Increase) in Loans Originated / Sold - Investing	-4,513	-2,056	-2,496	-2,060	5,480
Other Investing Activities	19	-538	-440	-620	-511
Investing Cash Flow	-6,816	-9,746	-4,764	16,592	-13,631
Short-Term Debt Issued	1,089	-	1,761	2,613	-
Long-Term Debt Issued	3,533	5,497	5,035	999	10
Total Debt Issued	4,622	5,497	6,796	3,612	10
Short-Term Debt Repaid	-	-4,256	-	-	-13
Long-Term Debt Repaid	-5,380	-1,009	-824	-907	-853
Total Debt Repaid	-5,380	-5,265	-824	-907	-866
Net Debt Issued (Repaid)	-758	232	5,972	2,705	-856
Repurchase of Common Stock	-2,631	-396	-594	-1,800	-
Preferred Stock Issued	440	733	-	-	495
Preferred Share Repurchases	-	-350	-	-	-
Common Dividends Paid	-899	-895	-868	-784	-580
Preferred Dividends Paid	-146	-138	-100	-97	-68
Total Dividends Paid	-1,045	-1,033	-968	-881	-648
Net Increase (Decrease) in Deposit Accounts	5,814	-2,182	-248	-20,994	11,738
Other Financing Activities	-20	114	18	-14	-28
Financing Cash Flow	1,800	-2,882	4,180	-20,984	10,701
Net Cash Flow	-2,013	-9,018	3,321	182	-215
Free Cash Flow	2,860	3,394	3,649	4,360	2,566
Free Cash Flow Growth	-15.73%	-6.99%	-16.31%	69.91%	315.95%
Free Cash Flow Margin	31.14%	39.15%	40.55%	56.90%	42.29%
Free Cash Flow Per Share	18.01	20.29	21.85	26.58	19.92
Cash Interest Paid	3,524	4,319	2,691	429	139
Cash Income Tax Paid	529	236	452	488	314

Source: S&P Global Market Intelligence. Banks template. Financial Sources.