M&T Bank Cash Flow Statement
NYSE: MTBFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
M&T Bank free cash flow
In fiscal 2025, M&T Bank generated $3.00 billion of operating cash flow. That left free cash flow of $3.00 billion, a free-cash-flow margin of 181.2% of revenue. Free cash flow was down 16.8% from the prior year's $3.61 billion.
M&T Bank returned $3.53 billion to shareholders: $899.0 million in dividends and $2.63 billion in share repurchases, equal to 118% of free cash flow. Free cash flow covered dividend payments 3.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
M&T Bank cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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% |
| Depreciation & Amortization | 323.00M | 316.00M | 304.00M | 282.00M | — | — | — | 104.86M | 109.59M | 107.00M |
| Stock-Based Compensation | 136.00M | 116.00M | 118.00M | 111.00M | 85.00M | 80.00M | 76.00M | 66.00M | 61.00M | 65.00M |
| Operating Cash Flow | 3.00B | 3.61B | 3.90B | 4.57B | 2.71B | 789.19M | 2.36B | 2.09B | 2.78B | 1.18B |
| Capital Expenditures | — | — | -256.00M | -214.00M | -149.00M | -172.00M | -178.00M | -98.00M | -79.00M | -108.00M |
| Investing Cash Flow | -6.82B | -9.75B | -4.76B | 16.59B | -13.63B | -22.02B | 727.01M | -1.41B | 3.39B | -720.77M |
| Dividends Paid | -899.00M | -895.00M | -868.00M | -784.00M | -580.00M | -568.11M | -552.14M | -510.38M | -457.40M | -441.89M |
| Share Repurchases | -2.63B | -396.00M | -594.00M | -1.80B | — | -373.75M | -1.35B | -2.19B | -1.21B | -641.33M |
| Debt Issued | 3.53B | 5.50B | 5.04B | 999.00M | 10.00M | — | — | 1.77B | 2.15B | — |
| Debt Repaid | -5.38B | -1.01B | -824.00M | -907.00M | -853.00M | -2.67B | -1.55B | -1.46B | -3.43B | -1.12B |
| Financing Cash Flow | 1.80B | -2.88B | 4.18B | -20.98B | 10.70B | 21.35B | -3.25B | -495.25M | -6.08B | -510.13M |
| Net Change in Cash | -2.01B | -9.02B | 3.32B | 182.00M | -215.00M | 116.44M | -169.13M | 184.55M | 100.34M | -47.49M |
| Free Cash Flow | 3.00B | 3.61B | 3.65B | 4.36B | 2.57B | 617.19M | 2.18B | 1.99B | 2.70B | 1.08B |
This table shows 10 annual periods of M&T Bank's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow MTB's reporting calendar. What is a cash flow statement?