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M&T Bank CorporationStock · FinancialsS&P 500 0.1%
$249.60+$3.63 (+1.48%)as of market close, Jul 24, 2026
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How M&T Bank makes money

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How does M&T Bank make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

M&T Bank Corporation · FY2025 · year ended 2025-12-31
Revenue$1.7BGross profit$1.7B · 100%Cost of revenue$0 · 0%Operating income$1.7B · 100%Operating expenses$0 · 0%Pre-tax income$3.7B · 223%Other income$2.0B · 123%Net income$2.9B · 172%Income tax$841M · 51%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.