M&T Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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 Interest Income	7,005	6,948	6,852	7,115	5,822	3,825
Net Interest Income Growth	2.01%	1.40%	-3.70%	22.21%	52.21%	-1.07%
Non-Interest Income	2,820	2,742	2,427	2,528	2,357	2,167
Non-Interest Income Growth	14.73%	12.98%	-4.00%	7.26%	8.77%	3.76%
Revenues Before Loan Losses	9,825	9,690	9,279	9,643	8,179	5,992
Provision for Credit Losses	515	505	610	645	517	-75
Revenue	9,310	9,185	8,669	8,998	7,662	6,067
Revenue Growth (YoY)	5.98%	5.95%	-3.66%	17.44%	26.29%	17.70%
Compensation Expenses	3,369	3,342	3,162	2,997	2,787	2,046
Selling, General & Admin	1,558	1,541	1,452	1,478	1,449	1,062
Other Non-Interest Expenses	589	610	745	904	814	504
Total Non-Interest Expense	5,516	5,493	5,359	5,379	5,050	3,612
Pretax Income	3,794	3,692	3,310	3,619	2,612	2,455
Provision for Income Taxes	863	841	722	878	620	596
Net Income	2,931	2,851	2,588	2,741	1,992	1,859
Net Income to Common	2,931	2,851	2,588	2,741	1,992	1,859
Net Income Growth	10.98%	10.16%	-5.58%	37.60%	7.15%	37.38%
Shares Outstanding (Basic)	158	158	166	166	163	129
Shares Outstanding (Diluted)	159	159	167	167	164	129
Shares Change (YoY)	-4.43%	-5.10%	0.19%	1.81%	27.34%	0.08%
EPS (Basic)	14.94	17.10	14.71	15.85	11.59	13.81
EPS (Diluted)	14.84	17.00	14.64	15.79	11.53	13.80
EPS Growth	8.80%	16.12%	-7.28%	36.95%	-16.45%	38.83%
Shares Outstanding	149	153.69	165.51	166.14	169.27	128.69
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	5.850	5.700	5.350	5.200	4.800	4.500
Dividend Growth	2.63%	6.54%	2.89%	8.33%	6.67%	2.27%
Profit Margin	31.48%	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	22.75%	22.78%	21.81%	24.26%	23.74%	24.28%

Updated Apr 15, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q