MTB
M&T Bank CorporationStock · FinancialsS&P 500 Equal Weight 0.2% · S&P 500 0.05% · Russell 1000 0.05% · US Stock Market 0.05% · Russell 3000 0.05% · MSCI World 0.04% · MSCI ACWI 0.03% · Emerging Markets 0.004%$239.83+0.34%
as of market close, Sep 11, 2026
☾ AH — —
MTB financial statements
The full income statement, balance sheet, and cash-flow statement for M&T Bank Corporation (MTB), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 167.0M2024-09 165.9M2024-12 164.3M2025-03 160.5M2025-06 156.3M2025-09 153.7M2025-12 149.0M2026-03 146.4M2026-06 144.4M-13.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 9.69B+4.4% | 9.28B-3.8% | 9.64B+17.9% | 8.18B+36.5% | 5.99B+0.6% | ||
| Lease income | 48.0M+9.1% | 44.0M-21.4% | 56.0M+30.2% | 43.0M | — | |
| Noninterest income | 2.74B+13.0% | 2.43B-4.0% | 2.53B+7.3% | 2.36B+8.8% | 2.17B+3.8% | |
| Amortization of intangibles | 42.0M-20.8% | 53.0M-14.5% | 62.0M+10.7% | 56.0M+460.0% | 10.0M-32.7% | |
| Noninterest expense | 5.49B+2.5% | 5.36B-0.4% | 5.38B+6.5% | 5.05B+39.8% | 3.61B+6.7% | |
| Provision for credit losses | — | — | 645M+24.8% | 517M+789.3% | -75.0M-109.4% | |
| Interest expense | — | — | 3.11B+631.5% | 425M+272.8% | 114M-65.1% | |
| Interest & investment income | 10.5B-4.9% | 11.0B+7.8% | 10.2B+63.7% | 6.25B+58.6% | 3.94B-6.1% | |
| Net interest income | 6.95B+1.4% | 6.85B-3.7% | 7.12B+22.2% | 5.82B+52.2% | 3.83B-1.1% | |
| Pre-tax income | 3.69B+11.5% | 3.31B-8.5% | 3.62B+38.6% | 2.61B+6.4% | 2.46B+38.7% | |
| Income tax | 841M+16.5% | 722M-17.8% | 878M+41.6% | 620M+4.0% | 596M+43.1% | |
| 2.85B+10.2% | 2.59B-5.6% | 2.74B+37.6% | 1.99B+7.2% | 1.86B+37.4% | ||
| Net income to common | 2.70B+10.2% | 2.45B-7.1% | 2.64B+39.4% | 1.89B+6.4% | 1.78B+38.9% | |
| $17.00+16.1% | $14.64-7.3% | $15.79+36.9% | $11.53-16.4% | $13.80+38.8% | ||
| EPS (basic) | $17.10+16.2% | $14.71-7.2% | $15.85+36.8% | $11.59-16.1% | $13.81+38.9% | |
| Weighted-avg shares (basic) | 158M-5.2% | 166M+0.1% | 166M+2.0% | 163M+26.8% | 129M+0.0% | |
| Weighted-avg shares (diluted) | 159M-5.1% | 167M+0.2% | 167M+1.8% | 164M+27.3% | 129M+0.1% | |
| Dividends per share | $5.70+6.5% | $5.35+2.9% | $5.20+8.3% | $4.80+6.8% | $4.49+1.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 18.8B-9.7% | 20.8B-30.3% | 29.8B+12.5% | 26.5B+1879.0% | 1.34B-13.8% | |
| 214B+2.6% | 208B-0.1% | 208B+3.8% | 201B+29.4% | 155B+8.8% | ||
| Property, plant & equipment | 1.63B-4.5% | 1.71B-2.0% | 1.74B+5.1% | 1.65B+44.5% | 1.14B-1.4% | |
| Operating lease right-of-use | 544M-4.4% | 569M-7.6% | 616M+0.0% | 616M+62.2% | 380M-8.0% | |
| Goodwill | 8.46B+0.0% | 8.46B+0.0% | 8.46B-0.3% | 8.49B+84.8% | 4.59B+0.0% | |
| Intangible assets | 64.0M-31.9% | 94.0M-36.1% | 147M-29.7% | 209M+5127.6% | 4.00M-71.8% | |
| Short-term & current debt | 2.15B+102.7% | 1.06B-80.1% | 5.32B+49.5% | 3.56B+7456.4% | 47.0M-20.9% | |
| 184B+2.9% | 179B-1.2% | 181B+3.4% | 175B+27.8% | 137B+8.5% | ||
| Long-term debt | 10.9B-13.4% | 12.6B+53.7% | 8.20B+106.8% | 3.96B+13.8% | 3.49B-20.5% | |
| Operating lease liability (total) | 652M-3.7% | 677M-5.6% | 717M+1.1% | 709M+64.5% | 431M-7.7% | |
| 29.2B+0.5% | 29.0B+7.7% | 27.0B+6.5% | 25.3B+41.4% | 17.9B+10.6% | ||
| Preferred stock | 2.83B+18.4% | 2.39B+19.0% | 2.01B+0.0% | 2.01B+14.9% | 1.75B+40.0% | |
| Common stock | 90.0M+0.0% | 90.0M+0.0% | 90.0M+0.0% | 90.0M+12.7% | 79.9M+0.0% | |
| Additional paid-in capital | 10.0B+0.1% | 10.00B-0.2% | 10.0B+0.2% | 10.0B+50.7% | 6.63B+0.3% | |
| Retained earnings | 20.9B+9.5% | 19.1B+8.9% | 17.5B+11.2% | 15.8B+7.6% | 14.6B+8.9% | |
| Treasury stock | 4.92B+107.4% | 2.37B+6.3% | 2.23B+27.4% | 1.75B-65.6% | 5.08B-1.2% | |
| Accumulated other comprehensive income | 277M+268.9% | -164M+64.3% | -459M+41.9% | -790M-522.0% | -127M-104.8% | |
| Total liabilities & equity | 214B+2.6% | 208B-0.1% | 208B+3.8% | 201B+29.4% | 155B+8.8% | |
| Common shares issued | 179M+0.0% | 179M+0.0% | 179M+0.0% | 179M+12.3% | 160M+0.0% | |
| Shares outstanding (cover) | 149M-9.3% | 164M-1.4% | 167M-0.7% | 168M+30.0% | 129M+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.00B-16.8% | 3.61B-7.6% | 3.90B-14.6% | 4.57B+68.5% | 2.71B+244.0% | ||
| Depreciation & amortization | 323M+2.2% | 316M+3.9% | 304M+7.8% | 282M | — | |
| Intangible amortization | 42.0M-20.8% | 53.0M-14.5% | 62.0M+10.7% | 56.0M+460.0% | 10.0M-32.7% | |
| Deferred income taxes | -18.0M+33.3% | -27.0M+72.2% | -97.0M-223.3% | -30.0M-134.5% | 87.0M+378.0% | |
| -6.82B+30.1% | -9.75B-104.6% | -4.76B-128.7% | 16.6B+221.7% | -13.6B+38.1% | ||
| Capital expenditure | — | — | 256M+19.6% | 214M+43.6% | 149M-13.4% | |
| Free cash flow | — | — | 3.65B-16.3% | 4.36B+69.9% | 2.57B+315.8% | |
| Acquisitions | 0.00 | 0.00 | 0.00+100.0% | -394M | 0.00 | |
| Purchases of investments | — | — | — | — | 678M+8842.3% | |
| Sales/maturities of investments | 4.46B-26.6% | 6.07B+717.2% | 743M-6.5% | 795M-44.6% | 1.43B-11.2% | |
| Other investing activities | -19.0M-103.5% | 538M+22.3% | 440M-29.0% | 620M+21.3% | 511M+858.0% | |
| 1.80B+162.5% | -2.88B-168.9% | 4.18B+119.9% | -21.0B-296.1% | 10.7B-49.9% | ||
| Long-term debt issued | 3.53B-35.7% | 5.50B+9.2% | 5.04B+404.0% | 999M+9890.0% | 10.0M | |
| Long-term debt repaid | 5.38B+433.2% | 1.01B+22.5% | 824M-9.2% | 907M+6.3% | 853M-68.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 2.63B+564.4% | 396M-33.3% | 594M-67.0% | 1.80B | 0.00-100.0% | |
| Dividends paid | 899M+0.4% | 895M+3.1% | 868M+10.7% | 784M+35.2% | 580M+2.1% | |
| Other financing activities | -20.0M-117.5% | 114M+533.3% | 18.0M+228.6% | -14.0M+50.0% | -28.0M-145.3% | |
| Interest paid | 3.52B-18.4% | 4.32B+60.5% | 2.69B+527.3% | 429M+208.6% | 139M-62.7% | |
| Income taxes paid | 529M+124.2% | 236M-47.8% | 452M-7.4% | 488M+55.4% | 314M+14.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 30.0B-2.8% | 30.9B+35.8% | 22.7B-9.1% | 25.0B+26.4% | 19.8B+21.0% | |
| P/E | 10.5×-11.8% | 11.9×+58.7% | 7.5×-49.4% | 14.9×+39.4% | 10.7×-11.9% | |
| P/S | 3.1×-7.0% | 3.3×+44.2% | 2.3×-33.8% | 3.5×+5.4% | 3.3×+20.3% | |
| P/B | 1.0×-3.3% | 1.1×+22.6% | 0.9×-12.4% | 1.0×-10.4% | 1.1×+9.4% | |
| P/FCF | 8.2×-2.8% | 8.5×+62.3% | 5.2×-46.5% | 9.8×+26.4% | 7.7×-70.9% | |
| Earnings yield | 9.5%+13.4% | 8.4%-37.0% | 13.3%+97.6% | 6.7%-28.3% | 9.4%+13.5% | |
| FCF yield | 12.2%+2.9% | 11.8%-38.4% | 19.2%+87.0% | 10.2%-20.9% | 12.9%+243.6% | |
| Dividend yield | 2.8%-0.6% | 2.8%-25.0% | 3.8%+14.6% | 3.3%+13.1% | 2.9%-15.6% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: MTB’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MTB filings on SEC EDGAR → Not investment advice.