M&T Bank Corp

Common Name

M&T Bank

Country

United States

Sector

Financial Services

Industry

Banks - Regional

Employees

22,590

Ticker

MTB

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.mtb.com

Description

M&T Bank Corporation is a prominent financial holding company that provides a range of banking services to its clients. As a key player in the financial industry, M&T Bank focuses on offering a compre... Show more

Financial Statements of M&T Bank

Below are the financial statements of M&T Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Interest income	—	—	—
Loans and leases	8,477^a	8,021^a	5,237^a
Investment securities	—	—	—
Fully taxable	1,030^a	773^a	448^a
Exempt from federal taxes	64^a	66^a	51^a
Deposits at banks	1,452^a	1,360^a	509^a
Other	3^a	4^a	2^a
Total interest income	11,026^a	10,224^a	6,247^a
Interest expense	—	—	—
Savings and interest-checking deposits	-2,514^a	-1,746^a	-271^a
Time deposits	-781^a	-671^a	-24^a
Short-term borrowings	-242^a	-292^a	-19^a
Long-term borrowings	-637^a	-400^a	-111^a
Total interest expense	-4,174^a	-3,109^a	-425^a
Net interest income	6,852^a	7,115^a	5,822^a
Provision for credit losses	-610^a	-645^a	-517^a
Net interest income after provision for credit losses	6,242^a	6,470^a	5,305^a
Other income	—	—	—
Mortgage banking revenues	436^a	409^a	357^a
Service charges on deposit accounts	514^a	475^a	447^a
Trust income	675^a	680^a	741^a
Brokerage services income	121^a	102^a	88^a
Trading account and other non-hedging derivative gains	39^a	49^a	27^a
Gain (loss) on bank investment securities	10^a	4^a	-6^a
Other revenues from operations	632^a	809^a	703^a
Total other income	2,427^a	2,528^a	2,357^a
Other expense	—	—	—
Salaries and employee benefits	-3,162^a	-2,997^a	-2,787^a
Equipment and net occupancy	-512^a	-520^a	-474^a
Outside data processing and software	-492^a	-437^a	-376^a
Professional and other services	-344^a	-413^a	-509^a
FDIC assessments	-146^a	-315^a	-90^a
Advertising and marketing	-104^a	-108^a	-90^a
Amortization of core deposit and other intangible assets	-53^a	-62^a	-56^a
Other costs of operations	-546^a	-527^a	-668^a
Total other expense	-5,359^a	-5,379^a	-5,050^a
Income before taxes	3,310^a	3,619^a	2,612^a
Income taxes	-722^a	-878^a	-620^a
Net income	2,588^a	2,741^a	1,992^a
Net income available to common shareholders	—	—	—
Basic	2,449^a	2,636^a	1,891^a
Diluted	2,449^a	2,636^a	1,891^a

Verified Sources Behind M&T Bank’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore M&T Bank’s data sources below and access millions more through our Disclosure Search.

a. M&T Bank's 10-K 2024

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M&T Bank Corp

Financial Statements of M&T Bank

Verified Sources Behind M&T Bank’s Financial Fundamentals Data

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