M&T Bank Corp. (MTB)

NYSE: MTB · State Commercial Banks · Buffalo, NY · filing with the SEC since 1994

Grade6.7

◀ Past 6.9● Present 7.5▶ Future 5.3

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 18, 2026	Feb 19, 2025	Feb 21, 2024	Feb 22, 2023	Feb 16, 2022	Feb 22, 2021	Feb 20, 2020	Feb 20, 2019	Feb 22, 2018	Feb 22, 2017
Revenue	1,657,000	1,541,000	1,484,000	1,525,000	5,992,000^r	5,954,761	6,191,943	5,928,302	5,632,187	5,295,883
For lenders
Interest and dividend income	10,486,000	11,026,000	10,224,000	6,247,000^r	3,939,000^r	4,192,712	4,879,593	4,598,711	4,167,795	3,895,871
Interest expense on deposits and borrowings	3,538,000	4,174,000	3,109,000	425,000	·	·	·	·	·	·
Net interest income	6,948,000	6,852,000	7,115,000	5,822,000^r	3,825,000^r	3,866,317	4,130,264	4,072,302	3,781,044	3,469,887
Provision for credit losses	·	·	645,000	517,000	-75,000	800,000	176,000	132,000	168,000	190,000
Net interest income after provision	6,443,000	6,242,000	6,470,000	5,305,000^r	3,900,000^r	3,066,317	3,954,264	3,940,302	3,613,044	3,279,887
Noninterest income	2,742,000	2,427,000	2,528,000	2,357,000^r	2,167,000^r	2,088,444	2,061,679	1,856,000	1,851,143	1,825,996
Noninterest expense	5,493,000	5,359,000	5,379,000	5,050,000^r	3,612,000^r	3,385,240	3,468,682	3,288,062	3,140,325	3,047,485
Interest expense	·	·	3,109,000	425,000^r	114,000^r	326,395	749,329	526,409	386,751	425,984
Income before income taxes	3,692,000	3,310,000	3,619,000	2,612,000^r	2,455,000^r	1,769,521	2,547,261	2,508,240	2,323,862	2,058,398
Income tax expense	841,000	722,000	878,000	620,000^r	596,000^r	416,369	618,112	590,160	915,556	743,284
Net income	2,851,000	2,588,000	2,741,000	1,992,000^r	1,859,000^r	1,353,152	1,929,149	1,918,080	1,408,306	1,315,114
Preferred dividends	146,000	134,000	100,000	97,000^r	73,000^r	68,228	69,441	72,521	72,734	81,270
Net income to common shareholders	2,699,000	2,449,000	2,636,000	1,891,000^r	1,777,000^r	1,279,066	1,849,509	1,836,028	1,327,503	1,223,459
Earnings per share, basic	17.10	14.71	15.85	11.59	13.81	9.94	13.76	12.75	8.72	7.80
Earnings per share, diluted	17.00	14.64	15.79	11.53	13.80	9.94	13.75	12.74	8.70	7.78
Weighted average shares, basic	157,875	166,479	166,361	163,174	128,649	128,638	134,428	143,992	152,159	156,780
Weighted average shares, diluted	158,791	167,319	167,002	164,030	128,812	128,704	134,462	144,151	152,551	157,304

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it sold

us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues

Interest and dividend income what its loans and securities earnedus-gaap:InterestAndDividendIncomeOperating

Interest expense on deposits and borrowings what it paid for the money it lendsus-gaap:InterestExpenseOperating

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanAndLeaseLosses

Net interest income after provision interest income left after the provisionus-gaap:InterestIncomeExpenseAfterProvisionForLoanLoss

Noninterest income fees and other income that is not interestus-gaap:NoninterestIncome

Noninterest expense salaries, buildings and the other costs of running the bankus-gaap:NoninterestExpense

Interest expense what its borrowing costus-gaap:InterestExpense

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton MTB · research, not advice