M&T Bank Corporation (MTB)

M&T Bank Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,216	1,731	1,520	1,338	1,553	770.31
Investment Securities	56,744	40,574	37,369	43,144	24,284	8,107
Trading Asset Securities	102	408	530	471.2	1,097	465.6
Mortgage-Backed Securities	-	14,392	12,801	5,884	6,425	8,581
Total Investments	56,846	55,374	50,700	49,499	31,807	17,153
Gross Loans	135,920	134,557	131,911	92,238	97,821	90,747
Allowance for Loan Losses	-2,204	-2,129	-1,925	-1,469	-1,736	-1,051
Other Adjustments to Gross Loans	-	-868	-510	-224.23	-339.92	-265.66
Net Loans	133,716	131,560	129,476	90,544	95,744	89,430
Property, Plant & Equipment	-	1,739	1,654	1,145	1,162	1,141
Goodwill	8,465	8,465	8,490	4,593	4,593	4,593
Other Intangible Assets	107	147	209	4	14.17	29.03
Loans Held for Sale	-	379	163	899	1,055	442
Accrued Interest Receivable	-	786	646	335.16	419.94	333.14
Other Receivables	-	68	74	68	67	62
Restricted Cash	-	-	-	-	-	666
Other Current Assets	-	22	23	21	21	21
Other Real Estate Owned & Foreclosed	37	39	41	23.9	34.67	85.65
Other Long-Term Assets	10,398	7,954	7,734	6,637	6,131	5,147
Total Assets	211,785	208,264	200,730	155,107	142,601	119,873
Interest Bearing Deposits	117,210	111,096	98,013	71,412	72,233	62,374
Institutional Deposits	-	2,884	-	-	-	-
Non-Interest Bearing Deposits	47,344	49,294	65,502	60,131	47,573	32,396
Total Deposits	164,554	163,274	163,515	131,543	119,806	94,770
Short-Term Borrowings	2,605	6,259	4,910	140.89	199.97	149.45
Current Portion of Long-Term Debt	-	477	744	903.86	849.99	1,908
Current Portion of Leases	-	162	-	-	-	-
Accrued Interest Payable	4,167	482	81	40.87	59.92	105.37
Long-Term Debt	11,583	7,184	2,685	2,048	3,002	4,551
Federal Home Loan Bank Debt, Long-Term	-	-	-	1.58	1.68	1.82
Long-Term Leases	-	555	709	431	467	488
Trust Preferred Securities	-	540	536	531.68	528.22	525.04
Long-Term Unearned Revenue	-	54	48	45	42	43
Other Long-Term Liabilities	-	2,320	2,184	1,517	1,457	1,614
Total Liabilities	182,909	181,307	175,412	137,204	126,414	104,156
Preferred Stock, Redeemable	2,394	2,011	2,011	1,750	1,250	1,250
Common Stock	26,482	90	90	79.87	79.87	79.87
Additional Paid-In Capital	-	10,020	10,002	6,635	6,617	6,594
Retained Earnings	-	17,524	15,754	14,646	13,444	12,821
Treasury Stock	-	-2,230	-1,750	-5,082	-5,143	-4,823
Comprehensive Income & Other	-	-458	-789	-126.37	-61.69	-205.11
Total Common Equity	26,482	24,946	23,307	16,153	14,937	14,467
Shareholders' Equity	28,876	26,957	25,318	17,903	16,187	15,717
Total Liabilities & Equity	211,785	208,264	200,730	155,107	142,601	119,873
Total Debt	14,188	15,177	9,584	4,057	5,049	7,624
Net Cash (Debt)	12,547	15,031	17,425	39,624	21,264	802.41
Net Cash Growth	-26.52%	-13.74%	-56.02%	86.34%	2550.06%	-
Net Cash Per Share	75.01	90.00	106.23	307.61	165.22	5.97
Filing Date Shares Outstanding	166.83	166.62	167.79	129.03	128.64	130.44
Total Common Shares Outstanding	166.83	166.14	169.27	128.71	128.33	130.59
Book Value Per Share	158.73	150.15	137.69	125.51	116.39	110.78
Tangible Book Value	17,910	16,334	14,608	11,556	10,330	9,845
Tangible Book Value Per Share	107.35	98.32	86.30	89.79	80.49	75.39

Source: S&P Capital IQ. Banks template. Financial Sources.