M&T Bank Corp (MTB) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, M&T Bank reported revenue of $9.69B, up 4.4% from $9.28B the year before. Net income was $2.85B (a 29.4% net margin), or $17.00 per diluted share. Net interest income was $6.95B, and the efficiency ratio (noninterest expense / revenue) was 56.7%. Operating activities generated $3.00B of cash. At fiscal year end, M&T Bank held $213.51B in total assets against $184.33B in total liabilities.
Open the full interactive M&T Bank financials → Quarterly statements, key ratios, valuation history and price charts.
M&T Bank Key Stats
| Share Price | $217.93 |
|---|---|
| Market Cap | $31.98B |
| P/E Ratio | 12.8 |
| Revenue YoY Growth | +4.4% |
| 52-Week Range | $173.65 – $252.46 |
| Shares Outstanding | 145.9 million (basic, 2026 Q2) |
M&T Bank Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $3.87B | $3.82B | $5.82B | $7.12B | $6.85B | $6.95B |
| Provision for Credit Losses | $800.0M | -$75.0M | $517.0M | $645.0M | $610.0M | $505.0M |
| Noninterest Income | $2.09B | $2.17B | $2.36B | $2.53B | $2.43B | $2.74B |
| Noninterest Expense | $3.39B | $3.61B | $5.05B | $5.38B | $5.36B | $5.49B |
| Revenue | $5.95B | $5.99B | $8.18B | $9.64B | $9.28B | $9.69B |
| Pre-Tax Income | $1.77B | $2.46B | $2.61B | $3.62B | $3.31B | $3.69B |
| Income Tax | $416.4M | $596.4M | $619.5M | $878.0M | $722.0M | $841.0M |
| Net Income | $1.35B | $1.86B | $1.99B | $2.74B | $2.59B | $2.85B |
| Diluted EPS | $9.94 | $13.80 | $11.53 | $15.79 | $14.64 | $17.00 |
M&T Bank Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.51B | $2.48B | $2.44B | $2.53B |
| Net Income | $792.0M | $759.0M | $664.0M | $818.0M |
| Diluted EPS | $4.82 | $4.78 | $4.13 | $5.32 |
M&T Bank Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | $96.80B | $91.44B | $129.64B | $131.94B | $133.40B | $136.59B |
| Total Assets | $142.60B | $155.11B | $200.73B | $208.26B | $208.10B | $213.51B |
| Deposits | $119.81B | $131.54B | $163.51B | $163.27B | $161.09B | $166.91B |
| Total Long-Term Debt | $4.38B | $3.49B | $3.96B | $8.20B | $12.61B | $10.91B |
| Total Liabilities | $126.41B | $137.20B | $175.41B | $181.31B | $179.08B | $184.33B |
| Shareholders' Equity | $16.19B | $17.90B | $25.32B | $26.96B | $29.03B | $29.18B |
M&T Bank Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $789.2M | $2.71B | $4.57B | $3.90B | $3.61B | $3.00B |
| Cash From Investing | -$22.02B | -$13.63B | $16.59B | -$7.87B | -$550.0M | -$6.82B |
| Cash From Financing | $21.35B | $10.70B | -$20.98B | $4.18B | -$2.88B | $1.80B |
| Free Cash Flow | $617.2M | $2.57B | $4.36B | $3.65B | — | — |
Figures from M&T Bank's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full M&T Bank financials page for every line item.
M&T Bank Company Profile
| Ticker | MTB |
|---|---|
| Exchange | NYSE |
| Industry | State Commercial Banks |
| Headquarters | Buffalo, New York |
| Incorporated in | New York |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000036270 |
Frequently Asked Questions
What was M&T Bank's revenue in fiscal 2025?
M&T Bank (MTB) reported revenue of $9.69B for fiscal 2025.
What is M&T Bank's annual revenue history?
M&T Bank's annual revenue by fiscal year: 2020: $5.95B; 2021: $5.99B; 2022: $8.18B; 2023: $9.64B; 2024: $9.28B; 2025: $9.69B.
What was M&T Bank's net income in fiscal 2025?
M&T Bank reported net income of $2.85B for fiscal 2025.
What was M&T Bank's earnings per share (EPS) in fiscal 2025?
M&T Bank's diluted EPS was $17.00 for fiscal 2025 (adjusted for any later stock splits).
What was M&T Bank's revenue last quarter?
In its most recent reported quarter (2026 Q2), M&T Bank reported revenue of $2.53B.
How much debt does M&T Bank have?
M&T Bank reported $10.91B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of M&T Bank are outstanding?
M&T Bank reported a weighted average of 145.9 million basic shares outstanding in 2026 Q2.
What is M&T Bank's market cap?
Based on its latest closing price, M&T Bank (MTB) has a market capitalization of about $31.98B.
When does M&T Bank's fiscal year end?
M&T Bank's fiscal year end, as registered with the SEC, is December 31.
Where is M&T Bank headquartered?
M&T Bank lists its business address in Buffalo, New York in its SEC filings.