M&T Bank Corporation (MTB)

M&T Bank Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Interest Income	6,948	6,852	7,115	5,822	3,825
Net Interest Income Growth	1.40%	-3.70%	22.21%	52.21%	-1.07%
Non-Interest Income	2,742	2,427	2,528	2,357	2,167
Non-Interest Income Growth	12.98%	-4.00%	7.26%	8.77%	3.76%
Revenues Before Loan Losses	9,690	9,279	9,643	8,179	5,992
Provision for Credit Losses	505	610	645	517	-75
Revenue	9,185	8,669	8,998	7,662	6,067
Revenue Growth (YoY)	5.95%	-3.66%	17.44%	26.29%	17.70%
Compensation Expenses	3,342	3,162	2,997	2,787	2,046
Selling, General & Admin	1,541	1,452	1,478	1,449	1,062
Other Non-Interest Expenses	610	745	904	814	504
Total Non-Interest Expense	5,493	5,359	5,379	5,050	3,612
Pretax Income	3,692	3,310	3,619	2,612	2,455
Provision for Income Taxes	841	722	878	620	596
Net Income	2,851	2,588	2,741	1,992	1,859
Net Income to Common	2,851	2,588	2,741	1,992	1,859
Net Income Growth	10.16%	-5.58%	37.60%	7.15%	37.38%
Shares Outstanding (Basic)	158	166	166	163	129
Shares Outstanding (Diluted)	159	167	167	164	129
Shares Change (YoY)	-5.10%	0.19%	1.81%	27.34%	0.08%
EPS (Basic)	17.10	14.71	15.85	11.59	13.81
EPS (Diluted)	17.00	14.64	15.79	11.53	13.80
EPS Growth	16.12%	-7.28%	36.95%	-16.45%	38.83%
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 Per Share	18.01	20.28	21.85	26.58	19.92
Dividends Per Share	5.700	5.350	5.200	4.800	4.500
Dividend Growth	6.54%	2.89%	8.33%	6.67%	2.27%
Profit Margin	31.04%	29.85%	30.46%	26.00%	30.64%
FCF Margin	31.14%	39.15%	40.55%	56.90%	42.29%
EBITDA	498	508	497	435	324
EBITDA Margin	5.42%	5.86%	5.52%	5.68%	5.34%
Effective Tax Rate	22.78%	21.81%	24.26%	23.74%	24.28%

Updated Jan 16, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q