M&T Bank Corporation (MTB)
NYSE: MTB · Real-Time Price · USD
217.75
-2.03 (-0.92%)
Nov 6, 2026, 4:00 PM EST - Market closed
M&T Bank Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 775 | 818 | 664 | 759 | 792 | 716 | 584 | 681 | 721 | 655 | 531 | 482 | 690 | 867 | 702 | 765.71 | 646.6 | 217.52 | 362.17 | 457.97 |
Depreciation & Amortization | 97 | 93 | 97 | 122 | 122 | 124 | 130 | 129 | 122 | 127 | 130 | 129 | 130 | 125 | 113 | 102.07 | 127.34 | 122.28 | 83.31 | 80.76 |
Gain (Loss) on Sale of Assets | -8 | -4 | -9 | -8 | -44 | -30 | -5 | -27 | -6 | 4 | -1 | -5 | -10 | -222 | -12 | -138.42 | -3.73 | -6.09 | -4.77 | 4.95 |
Total Asset Writedown | 2 | - | 3 | 2 | 10 | 3 | 3 | 33 | 1 | - | 6 | 1 | 2 | - | 1 | 0.64 | 3.89 | 3.22 | 0.25 | 3.39 |
Provision for Credit Losses | 135 | 120 | 140 | 125 | 125 | 125 | 130 | 140 | 120 | 150 | 200 | 225 | 150 | 150 | 120 | 90 | 115 | 302 | 10 | -15 |
Change in Trading Asset Securities | 234 | -3 | 42 | -42 | -67 | -92 | -157 | 229 | -398 | -27 | 139 | -422 | 155 | 246 | -245 | -72.31 | 379.03 | 430.74 | 489.55 | 147.31 |
Accrued Interest Receivable | -77 | 101 | -62 | 38 | -73 | 50 | -63 | -27 | -149 | -27 | 27 | 29 | -27 | 204 | 55 | -64.37 | -69.46 | -4.91 | 15.75 | 45.33 |
Change in Other Net Operating Assets | 118 | 127 | 123 | -493 | 152 | -36 | 19 | 532 | -440 | 488 | -426 | 418 | 363 | -95 | -317 | 211.14 | -49.61 | 204.11 | 335.36 | -44.75 |
Other Operating Activities | -22 | 16 | 14 | 20 | -16 | -16 | -6 | -14 | 1 | -16 | 2 | -57 | -33 | -18 | 11 | 59.41 | -12.07 | -81.5 | 4.15 | 16.97 |
Operating Cash Flow | 1,254 | 1,268 | 1,012 | 523 | 1,001 | 844 | 635 | 1,676 | -28 | 1,354 | 608 | 800 | 1,420 | 1,257 | 428 | 953.88 | 1,137 | 1,187 | 1,296 | 696.93 |
Operating Cash Flow Growth (YoY) | 25.27% | 50.24% | 59.37% | -68.80% | - | -37.67% | 4.44% | 109.50% | - | 7.72% | 42.06% | -16.13% | 24.89% | 5.86% | -66.97% | 36.87% | 133.79% | 121.12% | 30.26% | 4.94% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -47 | -21 | -96 | -56 | -36 | -26 | -25 | -85 | -30 | -66 | -35 | -88 | -67 | -46 | -55 | -87.19 | -39.07 | -59.83 | -27.91 | -62.05 |
Cash Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.08 | - | 393.92 | - | - |
Investment in Securities | -126 | 123 | -2,163 | -1,881 | -1,182 | -356 | -882 | -5,627 | -1,442 | 6,257 | -6,124 | 2,569 | -2,421 | -4,348 | -482 | -149.3 | 5,958 | 9,826 | 3,458 | -4,174 |
Net Decrease (Increase) in Loans Originated / Sold - Investing | -2,653 | -3,738 | -1,885 | -1,716 | -1,306 | -1,915 | 424 | -502 | -449 | -462 | -643 | -1,951 | 814 | -400 | -959 | -3,326 | 492.63 | -207.23 | 980.57 | 904.43 |
Other Investing Activities | -390 | -190 | -180 | -179 | -21 | 85 | 134 | -689 | 535 | -104 | -280 | 153 | -233 | -109 | -251 | -103.5 | -191.91 | -109.39 | -215.2 | -122 |
Investing Cash Flow | -3,216 | -3,826 | -4,324 | -3,832 | -2,545 | -2,212 | -349 | -6,903 | -1,386 | 5,625 | -7,082 | 683 | -1,907 | -4,903 | -1,747 | -3,666 | 6,219 | 9,843 | 4,196 | -3,453 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 5,702 | - | - | - | 513 | - | - | - | - | - | - | - | 3,440 | - | - | - | 3.26 | - |
Long-Term Debt Issued | - | - | 508 | - | - | - | 743 | - | - | - | 3,357 | - | - | - | 3,486 | - | - | - | - | - |
Total Debt Issued | 2,384 | -542 | 6,210 | 90 | 735 | 2,541 | 1,256 | 1,494 | 646 | - | 3,357 | -412 | -631 | 913 | 6,926 | 3,113 | 499.25 | -3.26 | 3.26 | -44.07 |
Short-Term Debt Repaid | - | - | - | - | - | - | - | - | - | - | -521 | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | - | - | -212 | - | - | - | -2,950 | - | - | - | -49 | - | - | - | - | - | - | - | -0.05 | - |
Total Debt Repaid | -362 | -251 | -212 | -2,000 | -215 | -215 | -2,950 | -1,876 | -2,675 | -144 | -570 | -43 | -781 | - | - | 24.3 | 41.39 | -972.64 | -0.05 | -12.49 |
Net Debt Issued (Repaid) | 2,022 | -793 | 5,998 | -1,910 | 520 | 2,326 | -1,694 | -382 | -2,029 | -144 | 2,787 | -455 | -1,412 | 913 | 6,926 | 3,137 | 540.64 | -975.9 | 3.21 | -56.55 |
Repurchase of Common Stock | -319 | -460 | -1,238 | -502 | -404 | -1,069 | -656 | -198 | -198 | - | - | - | - | - | -594 | -600 | -600 | -600 | - | - |
Preferred Stock Issued | 583 | - | - | 440 | - | - | - | - | - | 733 | - | - | - | - | - | - | - | - | - | - |
Preferred Share Repurchases | - | - | -400 | - | - | - | - | - | -350 | - | - | - | - | - | - | - | - | - | - | - |
Common Dividends Paid | -216 | -218 | -227 | -228 | -233 | -213 | -225 | -224 | -225 | -225 | -221 | -216 | -216 | -215 | -221 | -205.03 | -209.15 | -213.17 | -156.66 | -154.72 |
Preferred Dividends Paid | -39 | -38 | -48 | -34 | -41 | -30 | -41 | -31 | -49 | -24 | -34 | -17 | -33 | -16 | -34 | -16.4 | -33.55 | -16.33 | -30.72 | -12.81 |
Total Dividends Paid | -255 | -256 | -275 | -262 | -274 | -243 | -266 | -255 | -274 | -249 | -255 | -233 | -249 | -231 | -255 | -221.43 | -242.7 | -229.49 | -187.38 | -167.53 |
Net Increase (Decrease) in Deposit Accounts | -1,376 | 5,143 | -3,168 | 3,484 | -1,027 | -957 | 4,314 | -3,459 | 4,643 | -7,287 | 3,921 | -856 | 2,063 | 2,986 | -4,441 | -330.05 | -6,512 | -8,927 | -5,225 | 2,842 |
Other Financing Activities | 7 | 14 | -26 | 5 | 5 | -29 | -1 | 18 | 60 | 51 | -15 | 23 | 6 | 8 | -19 | -9.81 | 25.4 | -20.99 | -8.61 | -3.67 |
Financing Cash Flow | 662 | 3,648 | 891 | 1,255 | -1,180 | 28 | 1,697 | -4,276 | 1,852 | -6,896 | 6,438 | -1,521 | 408 | 3,676 | 1,617 | 1,976 | -6,789 | -10,754 | -5,417 | 2,614 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | -1,300 | 1,090 | -2,421 | -2,054 | -2,724 | -1,340 | 1,983 | -9,503 | 438 | 83 | -36 | -38 | -79 | 30 | 298 | -736.23 | 567.54 | 276.81 | 73.88 | -142.14 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,207 | 1,247 | 916 | 467 | 965 | 818 | 610 | 1,591 | -58 | 1,288 | 573 | 712 | 1,353 | 1,211 | 373 | 866.69 | 1,098 | 1,128 | 1,268 | 634.88 |
Free Cash Flow Growth (YoY) | 25.08% | 52.45% | 50.16% | -70.65% | - | -36.49% | 6.46% | 123.45% | - | 6.36% | 53.62% | -17.85% | 23.23% | 7.40% | -70.58% | 36.51% | 147.49% | 115.37% | 31.56% | 2.86% |
Free Cash Flow Margin | 50.27% | 51.70% | 39.81% | 19.87% | 40.41% | 36.02% | 28.03% | 70.87% | -2.62% | 59.85% | 27.82% | 34.31% | 61.92% | 49.39% | 16.32% | 35.82% | 51.62% | 67.08% | 88.35% | 41.57% |
Free Cash Flow Per Share | 8.31 | 8.50 | 6.10 | 3.04 | 6.16 | 5.11 | 3.70 | 9.53 | -0.35 | 7.68 | 3.43 | 4.27 | 8.12 | 7.28 | 2.21 | 5.04 | 6.25 | 6.33 | 9.80 | 4.93 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 922 | 723 | 862 | 802 | 978 | 811 | 933 | 1,025 | 1,179 | 1,116 | 999 | 912 | 856 | 513 | 410 | 214.45 | 127.84 | 46.03 | 40.68 | 22.76 |
Cash Income Tax Paid | 179 | 222 | 34 | 215 | 164 | 80 | 70 | - | 134 | 65 | 41 | 21 | 102 | 307 | 22 | 125.13 | 131.18 | 198.05 | 33.64 | 35.51 |