M&T Bank Financial Statements
NYSE: MTBFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
M&T Bank revenue and earnings
In fiscal 2025, M&T Bank generated $1.66 billion in revenue, up 7.5% from fiscal 2024. Net income was $2.85 billion (+10.2% year over year), for a net margin of 172.1% versus a median of 28.4% in the prior 5 years. Diluted earnings per share came in at $17.00, up from $14.64.
Over the last 5 fiscal years, MTB's revenue has grown at a -22.6% compound annual rate (a contraction).
Summary generated from market data by MetaCap's automated system. Methodology
M&T Bank income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.66B | 1.54B | 9.64B | 8.18B | 5.99B | 5.95B | 6.19B | 5.93B | 5.63B | 5.30B |
| Revenue growth (YoY) | +7.53% | -84.02% | +17.90% | +36.50% | +0.63% | -3.83% | +4.45% | +5.26% | +6.35% | +13.46% |
| Operating Expenses | 5.49B | 5.36B | 5.38B | 5.05B | 3.61B | 3.39B | 3.47B | 3.29B | 3.14B | 3.05B |
| Interest Expense | 3.54B | 4.17B | 3.11B | 425.00M | 114.00M | 326.39M | 749.33M | 526.41M | 386.75M | 425.98M |
| Pretax Income | 3.69B | 3.31B | 3.62B | 2.61B | 2.46B | 1.77B | 2.55B | 2.51B | 2.32B | 2.06B |
| Income Tax | 841.00M | 722.00M | 878.00M | 620.00M | 596.00M | 416.37M | 618.11M | 590.16M | 915.56M | 743.28M |
| Net Income | 2.85B | 2.59B | 2.74B | 1.99B | 1.86B | 1.35B | 1.93B | 1.92B | 1.41B | 1.32B |
| Net Income growth (YoY) | +10.16% | -5.58% | +37.60% | +7.15% | +37.38% | -29.86% | +0.58% | +36.20% | +7.09% | +21.81% |
| EPS (Basic) | 17.10 | 14.71 | 15.85 | 11.59 | 13.81 | 9.94 | 13.76 | 12.75 | 8.72 | 7.80 |
| EPS (Diluted) | 17.00 | 14.64 | 15.79 | 11.53 | 13.80 | 9.94 | 13.75 | 12.74 | 8.70 | 7.78 |
| Shares Outstanding (Basic) | 157.88M | 166.48M | 166.36M | 163.17M | 128.65M | 128.64M | 134.43M | 143.99M | 152.16M | 156.78M |
| Shares Outstanding (Diluted) | 158.79M | 167.32M | 167.00M | 164.03M | 128.81M | 128.70M | 134.46M | 144.15M | 152.55M | 157.30M |
| Net Margin | 172.06% | 167.94% | 28.42% | 24.36% | 31.02% | 22.72% | 31.16% | 32.35% | 25.00% | 24.83% |
This table shows 10 annual periods of M&T Bank's income statement, from FY 2025 back to FY 2016, across 11 line items including revenue, operating expenses, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow MTB's reporting calendar. What is a income statement?