US Stock MarketDetailed Quotes

MTB M&T Bank

Watchlist

170.870
+5.620+3.40%

Close Jul 22 16:00 ET

28.57BMarket Cap12.67P/E (TTM)

M&T Bank Key Stats

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

Quarterly+Annual

YOY

Hide blank lines

(Q2)Jun 30, 2024

(Q1)Mar 31, 2024

(FY)Dec 31, 2023

(Q4)Dec 31, 2023

(Q3)Sep 30, 2023

(Q2)Jun 30, 2023

(Q1)Mar 31, 2023

(FY)Dec 31, 2022

(Q4)Dec 31, 2022

(Q3)Sep 30, 2022

Total revenue

-3.17%2.3B

-6.29%2.24B

17.28%9.4B

-2.69%2.28B

4.16%2.33B

19.90%2.38B

65.04%2.39B

34.40%8.01B

58.05%2.34B

45.91%2.24B

Net interest income

-4.51%1.72B

-7.59%1.68B

22.21%7.12B

-5.76%1.72B

5.76%1.78B

27.44%1.8B

101.07%1.82B

52.21%5.82B

95.65%1.83B

73.55%1.68B

-Net interest income

10.87%2.79B

17.96%2.75B

63.66%10.22B

32.23%2.74B

48.27%2.64B

71.70%2.52B

150.69%2.33B

58.59%6.25B

116.13%2.07B

79.42%1.78B

-Interest income from loans and lease

----

13.35%2.1B

53.16%8.02B

26.92%2.11B

41.63%2.06B

60.24%2B

112.50%1.85B

39.69%5.24B

83.87%1.66B

54.13%1.46B

-Interest income from deposits

----

50.72%419M

167.19%1.36B

75.67%416.31M

109.79%362.84M

274.42%302.43M

1,420.79%278M

960.42%509M

1,254.78%236.99M

1,058.99%172.96M

-Interest income from securities

----

15.15%228M

68.14%839M

23.77%210.8M

41.55%215.61M

56.29%214.39M

405.33%198M

253.90%499M

371.14%170.32M

358.01%152.32M

-Other interest income

----

0.00%1M

100.00%4M

24.52%909K

120.67%1.38M

121.24%1M

415.46%1M

100.00%2M

1,137.29%730K

81.40%624K

-Total interest expense

49.48%1.07B

109.23%1.07B

631.53%3.11B

315.98%1.02B

742.24%866.01M

1,241.12%716.5M

2,013.61%509M

272.81%425M

889.81%244.67M

300.15%102.82M

-Interest expense for deposit

----

129.51%840M

719.32%2.42B

345.05%836.28M

896.59%695.76M

1,680.39%518.7M

4,394.11%366M

467.31%295M

1,862.28%187.91M

560.30%69.81M

-Interest expense for short termdebt

----

44.83%84M

1,436.84%292M

432.51%68.75M

2,502.28%69.48M

2,707.72%96M

5,799,900.00%58M

--19M

258,300.00%12.91M

133,400.00%2.67M

-Interest expense for long term debt and capital securities

----

65.88%141M

260.36%400M

157.11%112.75M

232.16%100.77M

387.74%101.8M

433.35%85M

79.03%111M

189.50%43.85M

100.63%30.34M

Non interest income

1.01%584M

-2.12%555M

4.20%2.28B

8.18%558.12M

-0.62%559.58M

1.24%578.17M

4.83%567M

2.53%2.19B

-5.96%515.93M

-1.06%563.08M

-Total premiums earned

----

23.08%16M

-11.96%81M

----

--13M

-2.13%92M

----

-Fees and commissions

2.27%433M

0.60%501M

2.95%2.03B

5.08%777.31M

0.49%407.92M

0.49%423.4M

24.48%498M

0.92%1.97B

5.60%739.71M

-8.33%405.92M

-Other non interest income

10.94%152M

-38.64%27M

11.71%124M

3.35%-315.03M

-6.97%142.52M

-7.14%137.02M

-67.70%44M

21.98%111M

-28.77%-325.94M

27.14%153.19M

-Gain loss on sale of assets

-896.81%-8M

--2M

166.67%4M

189.23%3.65M

78.79%-235K

1,719.35%1M

--0

71.43%-6M

-348.30%-4.09M

-480.76%-1.11M

-Trading gain (loss)

-58.22%7M

-25.00%9M

81.48%49M

-21.50%11.19M

84.59%9.38M

630.66%16.75M

123.51%12M

12.50%27M

152.29%14.26M

-8.66%5.08M

Credit losses provision

0.00%-150M

-66.67%-200M

-134.55%-645M

-150.00%-225M

-30.43%-150M

-150.00%-150M

-1,100.00%-120M

-466.67%-275M

-700.00%-90M

-675.00%-115M

Non interest expense

0.34%1.3B

2.72%1.4B

9.97%5.18B

-8.10%1.25B

4.18%1.28B

9.51%1.29B

44.21%1.36B

32.06%4.71B

50.36%1.36B

37.70%1.23B

Occupancy and equipment

-2.87%125M

1.57%129M

9.70%520M

-2.09%133.57M

2.93%130.84M

3.24%128.69M

48.00%127M

44.95%474M

64.47%136.42M

57.44%127.12M

Professional expense and contract services expense

--91M

-32.00%85M

-18.86%413M

----

--125M

34.30%509M

----

Selling and administrative expenses

4.29%828M

5.06%913M

8.63%3.22B

3.78%781.09M

-0.85%779.2M

-3.11%793.95M

42.66%869M

36.10%2.97B

35.53%752.6M

44.34%785.86M

-General and administrative expense

4.62%801M

6.56%893M

8.27%3.12B

4.82%755.4M

-1.07%756.3M

-4.15%765.6M

41.29%838M

35.96%2.88B

34.83%720.66M

44.45%764.46M

-Selling and marketing expense

-4.77%27M

-35.48%20M

20.00%108M

-19.59%25.69M

7.01%22.9M

37.40%28.35M

93.46%31M

40.63%90M

53.57%31.94M

40.70%21.4M

Depreciation amortization depletion

-13.01%13M

-11.76%15M

10.71%62M

-17.11%14.9M

-18.70%14.95M

-18.71%14.95M

1,253.50%17M

460.00%56M

905.93%17.98M

571.44%18.38M

-Depreciation and amortization

-13.01%13M

-11.76%15M

10.71%62M

-17.11%14.9M

-18.70%14.95M

-18.71%14.95M

1,253.50%17M

460.00%56M

905.93%17.98M

571.44%18.38M

Other non-interest expense

-32.39%240M

14.93%254M

36.54%964M

-69.79%-89.88M

19.56%352.55M

62.92%354.98M

-10.23%221M

5.06%706M

52.94%-52.93M

12.29%294.87M

Income from associates and other participating interests

25.00%25M

-33.33%20M

20M

0.00%30M

Special income (charges)

106.31%28M

-315.99%-197M

148.41%225M

-909.09%-444M

527.60%91.21M

-500.80%-53.03M

Gain on sale of business

----

--0

--225M

----

--0

Less:Restructuring and mergern&acquisition

----

-150.68%-225M

-146.69%-225M

--0

----

909.09%444M

-527.60%-91.21M

500.80%53.03M

Less:Other special charges

----

--197M

----

Other non-operating income (expenses)

Income before tax

-26.28%855M

-28.29%664M

38.55%3.62B

-38.15%625.66M

7.07%907.43M

317.68%1.16B

94.82%926M

6.40%2.61B

68.64%1.01B

28.99%847.52M

Income tax

-31.67%200M

-40.63%133M

41.61%878M

-41.71%143.26M

8.25%217.49M

386.70%292.71M

97.97%224M

4.03%620M

73.63%245.79M

24.35%200.92M

Earnings from equity interest net of tax

Net income

-24.46%655M

-24.36%531M

37.60%2.74B

-37.00%482.4M

6.70%689.94M

298.60%867.03M

93.83%702M

7.15%1.99B

67.10%765.71M

30.50%646.6M

Net Income continuous operations

-24.46%655M

-24.36%531M

37.60%2.74B

-37.00%482.4M

6.70%689.94M

298.60%867.03M

93.83%702M

7.15%1.99B

67.10%765.71M

30.50%646.6M

Minority interest income

Net income attributable to the parent company

-24.46%655M

-24.36%531M

37.60%2.74B

-37.00%482.4M

6.70%689.94M

298.60%867.03M

93.83%702M

7.15%1.99B

67.10%765.71M

30.50%646.6M

Preferred stock dividends

0.00%25M

3.09%100M

-0.69%25.18M

0.00%24.94M

-0.00%24.94M

14.86%25M

32.88%97M

16.03%25.35M

46.28%24.94M

Other preferred stock dividend

1,742.44%29M

0.00%1M

25.00%5M

-41.60%1.03M

11.84%1.24M

356.23%1.57M

21.95%1M

-55.56%4M

-19.38%1.76M

-54.89%1.11M

Net income attributable to common stockholders

-25.52%626M

-25.30%505M

39.40%2.64B

-38.23%456.2M

6.96%663.76M

337.23%840.52M

99.06%676M

6.42%1.89B

70.11%738.6M

30.38%620.55M

Basic earnings per share

-26.04%3.75

-24.57%3.04

36.76%15.85

-36.34%2.75

12.68%4

369.44%5.07

53.23%4.03

-16.08%11.59

28.19%4.32

-4.05%3.55

Diluted earnings per share

-26.14%3.73

-24.69%3.02

36.95%15.79

-36.13%2.74

12.75%3.98

367.59%5.05

53.05%4.01

-16.45%11.53

27.30%4.29

-4.34%3.53

Dividend per share

3.85%1.35

0.00%1.3

8.33%5.2

8.33%1.3

6.67%4.8

0.00%1.2

9.09%1.2

Currency Unit

USD

Accounting Standards

US-GAAP

Audit Opinions

Unqualified Opinion with Explanatory Notes

	(Q2)Jun 30, 2024	(Q1)Mar 31, 2024	(FY)Dec 31, 2023	(Q4)Dec 31, 2023	(Q3)Sep 30, 2023	(Q2)Jun 30, 2023	(Q1)Mar 31, 2023	(FY)Dec 31, 2022	(Q4)Dec 31, 2022	(Q3)Sep 30, 2022
Total revenue	-3.17%2.3B	-6.29%2.24B	17.28%9.4B	-2.69%2.28B	4.16%2.33B	19.90%2.38B	65.04%2.39B	34.40%8.01B	58.05%2.34B	45.91%2.24B
Net interest income	-4.51%1.72B	-7.59%1.68B	22.21%7.12B	-5.76%1.72B	5.76%1.78B	27.44%1.8B	101.07%1.82B	52.21%5.82B	95.65%1.83B	73.55%1.68B
-Net interest income	10.87%2.79B	17.96%2.75B	63.66%10.22B	32.23%2.74B	48.27%2.64B	71.70%2.52B	150.69%2.33B	58.59%6.25B	116.13%2.07B	79.42%1.78B
-Interest income from loans and lease	----	13.35%2.1B	53.16%8.02B	26.92%2.11B	41.63%2.06B	60.24%2B	112.50%1.85B	39.69%5.24B	83.87%1.66B	54.13%1.46B
-Interest income from deposits	----	50.72%419M	167.19%1.36B	75.67%416.31M	109.79%362.84M	274.42%302.43M	1,420.79%278M	960.42%509M	1,254.78%236.99M	1,058.99%172.96M
-Interest income from securities	----	15.15%228M	68.14%839M	23.77%210.8M	41.55%215.61M	56.29%214.39M	405.33%198M	253.90%499M	371.14%170.32M	358.01%152.32M
-Other interest income	----	0.00%1M	100.00%4M	24.52%909K	120.67%1.38M	121.24%1M	415.46%1M	100.00%2M	1,137.29%730K	81.40%624K
-Total interest expense	49.48%1.07B	109.23%1.07B	631.53%3.11B	315.98%1.02B	742.24%866.01M	1,241.12%716.5M	2,013.61%509M	272.81%425M	889.81%244.67M	300.15%102.82M
-Interest expense for deposit	----	129.51%840M	719.32%2.42B	345.05%836.28M	896.59%695.76M	1,680.39%518.7M	4,394.11%366M	467.31%295M	1,862.28%187.91M	560.30%69.81M
-Interest expense for short termdebt	----	44.83%84M	1,436.84%292M	432.51%68.75M	2,502.28%69.48M	2,707.72%96M	5,799,900.00%58M	--19M	258,300.00%12.91M	133,400.00%2.67M
-Interest expense for long term debt and capital securities	----	65.88%141M	260.36%400M	157.11%112.75M	232.16%100.77M	387.74%101.8M	433.35%85M	79.03%111M	189.50%43.85M	100.63%30.34M
Non interest income	1.01%584M	-2.12%555M	4.20%2.28B	8.18%558.12M	-0.62%559.58M	1.24%578.17M	4.83%567M	2.53%2.19B	-5.96%515.93M	-1.06%563.08M
-Total premiums earned	----	23.08%16M	-11.96%81M	----	----	----	--13M	-2.13%92M	----	----
-Fees and commissions	2.27%433M	0.60%501M	2.95%2.03B	5.08%777.31M	0.49%407.92M	0.49%423.4M	24.48%498M	0.92%1.97B	5.60%739.71M	-8.33%405.92M
-Other non interest income	10.94%152M	-38.64%27M	11.71%124M	3.35%-315.03M	-6.97%142.52M	-7.14%137.02M	-67.70%44M	21.98%111M	-28.77%-325.94M	27.14%153.19M
-Gain loss on sale of assets	-896.81%-8M	--2M	166.67%4M	189.23%3.65M	78.79%-235K	1,719.35%1M	--0	71.43%-6M	-348.30%-4.09M	-480.76%-1.11M
-Trading gain (loss)	-58.22%7M	-25.00%9M	81.48%49M	-21.50%11.19M	84.59%9.38M	630.66%16.75M	123.51%12M	12.50%27M	152.29%14.26M	-8.66%5.08M
Credit losses provision	0.00%-150M	-66.67%-200M	-134.55%-645M	-150.00%-225M	-30.43%-150M	-150.00%-150M	-1,100.00%-120M	-466.67%-275M	-700.00%-90M	-675.00%-115M
Non interest expense	0.34%1.3B	2.72%1.4B	9.97%5.18B	-8.10%1.25B	4.18%1.28B	9.51%1.29B	44.21%1.36B	32.06%4.71B	50.36%1.36B	37.70%1.23B
Occupancy and equipment	-2.87%125M	1.57%129M	9.70%520M	-2.09%133.57M	2.93%130.84M	3.24%128.69M	48.00%127M	44.95%474M	64.47%136.42M	57.44%127.12M
Professional expense and contract services expense	--91M	-32.00%85M	-18.86%413M	----	----	----	--125M	34.30%509M	----	----
Selling and administrative expenses	4.29%828M	5.06%913M	8.63%3.22B	3.78%781.09M	-0.85%779.2M	-3.11%793.95M	42.66%869M	36.10%2.97B	35.53%752.6M	44.34%785.86M
-General and administrative expense	4.62%801M	6.56%893M	8.27%3.12B	4.82%755.4M	-1.07%756.3M	-4.15%765.6M	41.29%838M	35.96%2.88B	34.83%720.66M	44.45%764.46M
-Selling and marketing expense	-4.77%27M	-35.48%20M	20.00%108M	-19.59%25.69M	7.01%22.9M	37.40%28.35M	93.46%31M	40.63%90M	53.57%31.94M	40.70%21.4M
Depreciation amortization depletion	-13.01%13M	-11.76%15M	10.71%62M	-17.11%14.9M	-18.70%14.95M	-18.71%14.95M	1,253.50%17M	460.00%56M	905.93%17.98M	571.44%18.38M
-Depreciation and amortization	-13.01%13M	-11.76%15M	10.71%62M	-17.11%14.9M	-18.70%14.95M	-18.71%14.95M	1,253.50%17M	460.00%56M	905.93%17.98M	571.44%18.38M
Other non-interest expense	-32.39%240M	14.93%254M	36.54%964M	-69.79%-89.88M	19.56%352.55M	62.92%354.98M	-10.23%221M	5.06%706M	52.94%-52.93M	12.29%294.87M
Income from associates and other participating interests		25.00%25M	-33.33%20M				20M	0.00%30M
Special income (charges)			106.31%28M	-315.99%-197M	0	148.41%225M		-909.09%-444M	527.60%91.21M	-500.80%-53.03M
Gain on sale of business	----	----	----	----	--0	--225M	----	----	----	--0
Less:Restructuring and mergern&acquisition	----	----	-150.68%-225M	-146.69%-225M	--0	--0	----	909.09%444M	-527.60%-91.21M	500.80%53.03M
Less:Other special charges	----	----	--197M	----	----	----	----	----	----	----
Other non-operating income (expenses)
Income before tax	-26.28%855M	-28.29%664M	38.55%3.62B	-38.15%625.66M	7.07%907.43M	317.68%1.16B	94.82%926M	6.40%2.61B	68.64%1.01B	28.99%847.52M
Income tax	-31.67%200M	-40.63%133M	41.61%878M	-41.71%143.26M	8.25%217.49M	386.70%292.71M	97.97%224M	4.03%620M	73.63%245.79M	24.35%200.92M
Earnings from equity interest net of tax
Net income	-24.46%655M	-24.36%531M	37.60%2.74B	-37.00%482.4M	6.70%689.94M	298.60%867.03M	93.83%702M	7.15%1.99B	67.10%765.71M	30.50%646.6M
Net Income continuous operations	-24.46%655M	-24.36%531M	37.60%2.74B	-37.00%482.4M	6.70%689.94M	298.60%867.03M	93.83%702M	7.15%1.99B	67.10%765.71M	30.50%646.6M
Minority interest income
Net income attributable to the parent company	-24.46%655M	-24.36%531M	37.60%2.74B	-37.00%482.4M	6.70%689.94M	298.60%867.03M	93.83%702M	7.15%1.99B	67.10%765.71M	30.50%646.6M
Preferred stock dividends		0.00%25M	3.09%100M	-0.69%25.18M	0.00%24.94M	-0.00%24.94M	14.86%25M	32.88%97M	16.03%25.35M	46.28%24.94M
Other preferred stock dividend	1,742.44%29M	0.00%1M	25.00%5M	-41.60%1.03M	11.84%1.24M	356.23%1.57M	21.95%1M	-55.56%4M	-19.38%1.76M	-54.89%1.11M
Net income attributable to common stockholders	-25.52%626M	-25.30%505M	39.40%2.64B	-38.23%456.2M	6.96%663.76M	337.23%840.52M	99.06%676M	6.42%1.89B	70.11%738.6M	30.38%620.55M
Basic earnings per share	-26.04%3.75	-24.57%3.04	36.76%15.85	-36.34%2.75	12.68%4	369.44%5.07	53.23%4.03	-16.08%11.59	28.19%4.32	-4.05%3.55
Diluted earnings per share	-26.14%3.73	-24.69%3.02	36.95%15.79	-36.13%2.74	12.75%3.98	367.59%5.05	53.05%4.01	-16.45%11.53	27.30%4.29	-4.34%3.53
Dividend per share	3.85%1.35	0.00%1.3	8.33%5.2	8.33%1.3	8.33%1.3	8.33%1.3	8.33%1.3	6.67%4.8	0.00%1.2	9.09%1.2
Currency Unit	USD	USD	USD	USD	USD	USD	USD	USD	USD	USD
Accounting Standards	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP	US-GAAP
Audit Opinions	--	--	Unqualified Opinion with Explanatory Notes	--	--	--	--	Unqualified Opinion with Explanatory Notes	--	--

Analysis

Analyst Rating

No Data

Price Target

No Data

Overall