M&T Bank Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Revenue	8,998	7,662	6,067	5,155	6,016	5,796	5,464	5,106	4,498	4,332	Upgrade
Revenue Growth (YoY)	17.44%	26.29%	17.70%	-14.31%	3.79%	6.08%	7.02%	13.52%	3.83%	-0.50%	Upgrade
Gross Profit	8,998	7,662	6,067	5,155	6,016	5,796	5,464	5,106	4,498	4,332	Upgrade
Selling, General & Admin	4,565	4,528	3,240	3,058	3,178	2,996	2,822	2,727	2,580	2,449	Upgrade
Operating Expenses	4,565	4,528	3,240	3,058	3,178	2,996	2,822	2,727	2,580	2,449	Upgrade
Operating Income	4,433	3,134	2,827	2,097	2,838	2,800	2,642	2,378	1,917	1,883	Upgrade
Other Expense / Income	919	623	454	401.24	370.4	374.13	398.71	411.7	334.65	328.64	Upgrade
Pretax Income	3,514	2,511	2,373	1,695	2,468	2,426	2,243	1,967	1,583	1,555	Upgrade
Income Tax	878	620	596	416.37	618.11	590.16	915.56	743.28	595.03	576	Upgrade
Net Income	2,636	1,891	1,777	1,279	1,850	1,836	1,328	1,223	987.69	978.53	Upgrade
Net Income Growth	39.40%	6.42%	38.93%	-30.84%	0.73%	38.31%	8.50%	23.87%	0.94%	-7.90%	Upgrade
Shares Outstanding (Basic)	166	173	129	128	132	140	151	155	133	132	Upgrade
Shares Change	-3.85%	34.14%	0.31%	-2.78%	-5.98%	-6.75%	-2.92%	16.32%	0.89%	1.45%	Upgrade
EPS (Basic)	15.85	11.59	13.81	9.94	13.76	12.75	8.72	7.80	7.22	7.47	Upgrade
EPS (Diluted)	15.79	11.53	13.80	9.94	13.75	12.74	8.70	7.78	7.18	7.42	Upgrade
EPS Growth	36.95%	-16.45%	38.83%	-27.71%	7.93%	46.44%	11.83%	8.36%	-3.23%	-9.51%	Upgrade
Free Cash Flow	3,649	4,360	2,566	616.9	2,180	1,992	2,703	1,076	1,660	1,026	Upgrade
Free Cash Flow Per Share	21.99	25.26	19.94	4.81	16.52	14.19	17.96	6.94	12.46	7.76	Upgrade
Dividend Per Share	5.200	4.800	4.500	4.400	4.100	3.550	3.000	2.800	2.800	2.800	Upgrade
Dividend Growth	8.33%	6.67%	2.27%	7.32%	15.49%	18.33%	7.14%	0%	0%	0%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	49.27%	40.90%	46.60%	40.67%	47.17%	48.31%	48.35%	46.58%	42.63%	43.47%	Upgrade
Profit Margin	29.30%	24.68%	29.29%	24.81%	30.74%	31.68%	24.29%	23.96%	21.96%	22.59%	Upgrade
Free Cash Flow Margin	40.55%	56.90%	42.29%	11.97%	36.23%	34.37%	49.47%	21.07%	36.92%	23.68%	Upgrade
Effective Tax Rate	24.99%	24.69%	25.12%	24.56%	25.05%	24.32%	40.82%	37.79%	37.60%	37.05%	Upgrade
EBITDA	4,011	2,946	2,697	2,016	2,769	2,605	2,440	2,167	1,758	1,753	Upgrade
EBITDA Margin	44.58%	38.45%	44.45%	39.10%	46.03%	44.95%	44.66%	42.45%	39.09%	40.47%	Upgrade
Depreciation & Amortization	497	435	324	320.29	301.32	179.01	197.13	200.59	175.35	198.73	Upgrade
EBIT	3,514	2,511	2,373	1,695	2,468	2,426	2,243	1,967	1,583	1,555	Upgrade
EBIT Margin	39.05%	32.77%	39.11%	32.89%	41.02%	41.86%	41.05%	38.52%	35.19%	35.89%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).