M&T Bank Corp - Understand $mtb stock

$MTB Market Cap: $35.16 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$3.527B

TTM

Gross Margin

Net Earnings

$1.831B

TTM

Current Assets

Current Liabilities

Current Ratio

Total Assets

$208.1B

Q4 2024

Total Liabilities

$179.1B

Q4 2024

Book Value

$29.03B

Q4 2024

Cash

$1.909B

Q4 2024

P/E

19.20

Nov 29, 2024 EST

Free Cash Flow

$1.803B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$1.541B	$9.643B	$8.179B	$5.992B	$5.955B	$6.192B	$5.928B	$5.632B	$5.296B	$4.668B	$4.456B	$4.538B	$4.266B	$3.973B	$2.730B
YoY Change	-84.02%	17.91%	36.5%	0.62%	-3.83%	4.45%	5.26%	6.35%	13.46%	4.76%	-1.82%	6.39%	7.38%	45.53%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$1.541B	$9.643B	$8.179B	$5.992B	$5.955B	$6.192B	$5.928B	$5.632B	$5.296B	$4.668B	$4.456B	$4.538B	$4.266B	$3.973B	$2.730B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$316.0M	$366.0M	$337.7M	$234.5M	$235.5M	$229.4M	$129.4M	$141.0M	$149.6M	$125.4M	$130.3M	$138.4M	$145.0M	$141.9M	$125.8M	$128.7M	$120.0M	$115.2M	$114.9M	$115.3M	$138.2M	$140.8M	$90.00M	$162.2M	$99.80M	$77.20M	$59.90M	$28.00M	$25.80M	$24.80M	$17.60M	$16.20M	$13.00M	$9.600M	$8.100M	$6.900M	$6.900M	$6.200M	$5.500M
YoY Change	-13.66%	8.39%	44.0%	-0.42%	2.66%	77.28%	-8.23%	-5.75%	19.3%	-3.76%	-5.85%	-4.55%	2.18%	12.8%	-2.25%	7.25%	4.17%	0.26%	-0.35%	-16.57%	-1.85%	56.44%	-44.51%	62.53%	29.27%	28.88%	113.93%	8.53%	4.03%	40.91%	8.64%	24.62%	35.42%	18.52%	17.39%	0.0%	11.29%	12.73%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$3.109B	$425.2M	$114.0M	$326.4M	$749.3M	$526.4M	$386.8M	$426.0M	$328.3M	$280.4M	$284.1M	$343.2M	$402.3M	$462.3M
YoY Change	631.25%	272.93%	-65.07%	-56.44%	42.35%	36.11%	-9.21%	29.77%	17.05%	-1.29%	-17.21%	-14.7%	-12.97%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$3.310B	$3.619B	$2.611B	$2.455B	$1.770B	$2.547B	$2.508B	$2.324B	$2.058B	$1.675B	$1.642B	$1.766B	$1.553B	$1.225B	$1.093B	$519.3M	$739.8M	$963.5M	$1.232B	$1.171B	$1.067B	$850.7M	$675.9M	$551.6M	$446.4M	$418.3M	$325.6M	$282.2M	$249.0M	$221.2M	$194.5M	$173.5M	$162.8M	$114.8M	$84.70M	$76.40M	$65.00M	$64.50M	$70.80M	$46.40M	$22.30M	$2.400M
YoY Change	-8.54%	38.6%	6.35%	38.75%	-30.53%	1.56%	7.93%	12.9%	22.91%	1.98%	-6.98%	13.72%	26.78%	12.06%	110.44%	-29.81%	-23.22%	-21.77%	5.18%	9.79%	25.37%	25.86%	22.53%	23.57%	6.72%	28.47%	15.38%	13.33%	12.57%	13.73%	12.1%	6.57%	41.81%	35.54%	10.86%	17.54%	0.78%	-8.9%	52.59%	108.07%	829.17%
Income Tax	$722.0M	$878.0M	$619.5M	$596.4M	$416.4M	$618.1M	$590.2M	$915.6M	$743.3M	$595.0M	$576.0M	$627.1M	$523.0M	$365.1M	$356.6M	$139.4M	$183.9M	$309.3M	$392.5M	$388.7M	$344.0M	$276.7M	$219.2M	$198.6M	$160.3M	$152.7M	$117.6M	$105.9M	$97.90M	$90.10M	$77.20M	$71.50M	$64.80M	$47.60M	$30.80M	$25.60M	$20.60M	$24.30M	$24.20M	$12.90M	$5.200M	-$2.900M
% Of Pretax Income	21.81%	24.26%	23.72%	24.29%	23.53%	24.27%	23.53%	39.4%	36.11%	35.53%	35.07%	35.52%	33.69%	29.82%	32.63%	26.84%	24.86%	32.1%	31.87%	33.2%	32.26%	32.53%	32.43%	36.0%	35.91%	36.5%	36.12%	37.53%	39.32%	40.73%	39.69%	41.21%	39.8%	41.46%	36.36%	33.51%	31.69%	37.67%	34.18%	27.8%	23.32%	-120.83%
Net Earnings	$2.588B	$2.636B	$1.891B	$1.859B	$1.353B	$1.929B	$1.918B	$1.408B	$1.315B	$1.080B	$1.066B	$1.138B	$1.029B	$859.5M	$736.2M	$379.9M	$555.9M	$654.3M	$839.2M	$782.2M	$722.5M	$573.9M	$456.8M	$353.1M	$286.2M	$265.6M	$208.0M	$176.2M	$151.1M	$131.0M	$117.3M	$102.0M	$97.90M	$67.20M	$53.90M	$41.30M	$44.50M	$40.30M	$53.30M	$39.00M	$17.10M	$5.300M
YoY Change	-1.82%	39.36%	1.76%	37.36%	-29.86%	0.58%	36.2%	7.09%	21.81%	1.26%	-6.34%	10.59%	19.78%	16.75%	93.78%	-31.66%	-15.04%	-22.03%	7.29%	8.26%	25.89%	25.63%	29.37%	23.38%	7.76%	27.69%	18.05%	16.61%	15.34%	11.68%	15.0%	4.19%	45.68%	24.68%	30.51%	-7.19%	10.42%	-24.39%	36.67%	128.07%	222.64%
Net Earnings / Revenue	167.94%	27.34%	23.13%	31.02%	22.72%	31.16%	32.35%	25.0%	24.83%	23.13%	23.93%	25.09%	24.13%	21.63%	26.97%
Basic Earnings Per Share	$14.71	$15.85	$11.59	$13.81	$9.94	$13.76	$12.75	$8.72	$7.80	$7.22	$7.47	$8.26	$7.57	$6.37	$5.72
Diluted Earnings Per Share	$14.64	$15.78	$11.53M	$13.80	$9.94	$13.75	$12.74	$8.70	$7.78	$7.18	$7.42	$8.20	$7.54	$6.35	$5.69	$3.309M	$5.013M	$5.948M	$7.368M	$6.731M	$6.001M	$4.952M	$4.773M	$3.567M	$3.440M	$3.283M	$2.616M	$2.524M	$2.107M	$1.797M	$1.572M	$1.342M	$1.298M	$914.3K	$790.3K	$572.8K	$601.4K	$724.8K	$974.4K	$724.9K	$303.7K	$92.33K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$1.739B	$1.654B	$1.145B	$1.162B	$1.141B	$647.0M	$646.0M	$675.0M	$667.0M	$613.0M	$634.0M	$595.0M	$581.0M	$436.0M	$436.0M	$389.0M	$371.0M	$335.0M	$337.0M	$367.0M	$399.0M	$239.0M	$262.0M	$258.0M	$174.0M	$163.0M	$122.0M	$129.0M	$129.0M	$127.0M	$135.0M	$129.0M	$89.00M	$66.00M	$62.00M	$62.00M	$56.00M	$57.00M	$37.00M	$35.00M	$36.00M
YoY Change	5.16%	44.42%	-1.46%	1.84%	76.35%	0.15%	-4.3%	1.2%	8.81%	-3.31%	6.55%	2.41%	33.26%	0.0%	12.08%	4.85%	10.75%	-0.59%	-8.17%	-8.02%	66.95%	-8.78%	1.55%	48.28%	6.75%	33.61%	-5.43%	0.0%	1.57%	-5.93%	4.65%	44.94%	34.85%	6.45%	0.0%	10.71%	-1.75%	54.05%	5.71%	-2.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
Total Assets	$208.3B	$200.7B	$155.1B	$142.6B	$119.9B	$120.1B	$118.6B	$123.4B	$122.8B	$96.69B	$85.16B	$83.01B	$77.92B	$68.02B	$68.88B	$65.82B	$64.88B	$57.07B	$55.15B	$52.94B	$49.83B	$33.20B	$31.45B	$28.95B	$22.41B	$20.58B	$14.00B	$12.94B	$11.96B	$10.53B	$10.37B	$9.588B	$9.171B	$7.715B	$6.234B	$5.908B	$5.177B	$4.426B	$2.548B	$2.242B	$2.071B
YoY Change
Accounts Payable	$4.516B	$4.377B	$1.697B	$1.699B	$1.763B	$1.447B	$1.455B	$1.635B	$1.708B	$1.356B	$1.115B	$1.513B	$1.790B	$1.071B	$995.0M	$1.365B	$984.0M	$888.0M	$820.0M	$727.0M	$1.016B	$401.0M	$423.0M	$529.0M	$909.0M	$447.0M	$331.0M	$196.0M	$174.0M	$104.0M	$110.0M	$116.0M	$129.0M	$102.0M	$109.0M	$76.00M	$53.00M	$62.00M	$53.00M	$34.00M	$33.00M
YoY Change	3.16%	157.95%	-0.12%	-3.63%	21.84%	-0.55%	-11.01%	-4.27%	25.96%	21.61%	-26.31%	-15.47%	67.13%	7.64%	-27.11%	38.72%	10.81%	8.29%	12.79%	-28.44%	153.37%	-5.2%	-20.04%	-41.8%	103.36%	35.05%	68.88%	12.64%	67.31%	-5.45%	-5.17%	-10.08%	26.47%	-6.42%	43.42%	43.4%	-14.52%	16.98%	55.88%	3.03%
Accrued Expenses	$717.0M	$709.0M	$431.0M	$467.0M	$488.0M
YoY Change	1.13%	64.5%	-7.71%	-4.3%
Deferred Revenue
YoY Change
Short-Term Debt	$5.316B	$3.555B	$47.00M	$59.00M	$62.00M	$4.398B	$175.0M	$163.0M	$2.132B	$193.0M	$260.0M	$2.474B	$2.182B	$2.572B	$4.068B	$4.635B	$7.447B	$4.119B	$5.528B	$4.704B	$4.442B	$3.429B	$3.046B	$2.073B	$2.554B	$2.230B	$1.051B	$1.150B	$1.273B	$1.365B	$2.102B	$693.0M	$1.022B	$972.0M	$835.0M	$373.0M	$341.0M	$220.0M	$113.0M	$71.00M	$176.0M
YoY Change	49.54%	7463.73%	-20.34%	-4.84%	-98.59%	2413.14%	7.36%	-92.35%	1004.66%	-25.77%	-89.49%	13.38%	-15.16%	-36.77%	-12.23%	-37.76%	80.8%	-25.49%	17.52%	5.9%	29.54%	12.57%	46.94%	-18.83%	14.53%	112.18%	-8.61%	-9.66%	-6.74%	-35.06%	203.32%	-32.19%	5.14%	16.41%	123.86%	9.38%	55.0%	94.69%	59.15%	-59.66%
Long-Term Debt Due	$527.0M	$744.1M
YoY Change	-29.18%
Total Short-Term Liabilities	$9.832B	$4.377B	$2.128B	$2.166B	$2.251B	$1.447B	$1.455B	$1.635B	$1.708B	$1.356B	$1.115B	$1.513B	$1.790B	$1.071B	$995.0M	$1.365B	$984.0M	$888.0M	$820.0M	$727.0M	$1.016B	$401.0M	$423.0M	$529.0M	$909.0M	$447.0M	$331.0M	$196.0M	$174.0M	$104.0M	$110.0M	$116.0M	$129.0M	$102.0M	$109.0M	$76.00M	$53.00M	$62.00M	$53.00M	$34.00M	$33.00M
YoY Change	124.6%	105.71%	-1.75%	-3.78%	55.56%	-0.55%	-11.01%	-4.27%	25.96%	21.61%	-26.31%	-15.47%	67.13%	7.64%	-27.11%	38.72%	10.81%	8.29%	12.79%	-28.44%	153.37%	-5.2%	-20.04%	-41.8%	103.36%	35.05%	68.88%	12.64%	67.31%	-5.45%	-5.17%	-10.08%	26.47%	-6.42%	43.42%	43.4%	-14.52%	16.98%	55.88%	3.03%
Long-Term Debt	$8.201B	$3.965B	$3.485B	$4.382B	$6.986B	$8.445B	$8.141B	$9.494B	$10.65B	$9.007B	$5.109B	$3.178B	$3.888B	$3.343B	$3.391B	$3.443B	$2.996B	$2.436B	$1.947B	$2.595B	$2.379B	$1.062B	$1.158B	$1.159B	$510.0M	$511.0M	$425.0M	$176.0M	$176.0M	$96.00M	$76.00M	$76.00M	$9.000M	$3.000M	$13.00M	$14.00M	$23.00M	$28.00M	$27.00M	$31.00M	$41.00M
YoY Change	106.86%	13.76%	-20.47%	-37.27%	-17.28%	3.73%	-14.25%	-10.89%	18.29%	76.3%	60.76%	-18.26%	16.3%	-1.42%	-1.51%	14.92%	22.99%	25.12%	-24.97%	9.08%	124.01%	-8.29%	-0.09%	127.25%	-0.2%	20.24%	141.48%	0.0%	83.33%	26.32%	0.0%	744.44%	200.0%	-76.92%	-7.14%	-39.13%	-17.86%	3.7%	-12.9%	-24.39%
Other Long-Term Liabilities					$87.00M	$191.0M	$139.0M	$177.0M	$163.0M	$212.0M	$254.0M
YoY Change					-54.45%	37.41%	-21.47%	8.59%	-23.11%	-16.54%
Total Long-Term Liabilities	$8.201B	$3.965B	$3.485B	$4.382B	$7.073B	$8.636B	$8.280B	$9.671B	$10.82B	$9.219B	$5.363B	$3.178B	$3.888B	$3.343B	$3.391B	$3.443B	$2.996B	$2.436B	$1.947B	$2.595B	$2.379B	$1.062B	$1.158B	$1.159B	$510.0M	$511.0M	$425.0M	$176.0M	$176.0M	$96.00M	$76.00M	$76.00M	$9.000M	$3.000M	$13.00M	$14.00M	$23.00M	$28.00M	$27.00M	$31.00M	$41.00M
YoY Change	106.86%	13.76%	-20.47%	-38.05%	-18.1%	4.3%	-14.38%	-10.59%	17.33%	71.9%	68.75%	-18.26%	16.3%	-1.42%	-1.51%	14.92%	22.99%	25.12%	-24.97%	9.08%	124.01%	-8.29%	-0.09%	127.25%	-0.2%	20.24%	141.48%	0.0%	83.33%	26.32%	0.0%	744.44%	200.0%	-76.92%	-7.14%	-39.13%	-17.86%	3.7%	-12.9%	-24.39%
Total Liabilities	$181.3B	$175.4B	$137.2B	$126.4B	$104.2B	$104.6B	$102.3B	$107.0B	$106.6B	$84.35B	$73.86B	$72.81B	$68.65B	$59.66B	$61.13B	$59.03B	$58.39B	$50.78B	$49.27B	$47.21B	$44.11B	$29.99B	$28.51B	$26.25B	$20.61B	$18.98B	$12.97B	$12.04B	$11.11B	$9.808B	$9.641B	$8.961B	$8.635B	$7.278B	$5.827B	$5.520B	$4.795B	$4.158B	$2.398B	$2.106B	$1.944B
YoY Change	3.36%	27.85%	8.54%	21.37%	-0.46%	2.24%	-4.32%	0.33%	26.4%	14.21%	1.44%	6.05%	15.07%	-2.39%	3.55%	1.1%	14.98%	3.07%	4.37%	7.03%	47.06%	5.2%	8.62%	27.35%	8.59%	46.32%	7.77%	8.35%	13.27%	1.73%	7.59%	3.78%	18.65%	24.9%	5.56%	15.12%	15.32%	73.39%	13.87%	8.33%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	166.5M shares	166.4M	163.2M	128.6M	128.6M	134.4M	144.0M	152.2M	156.8M	136.8M	131.0M	128.7M shares	125.9M shares	122.7M shares	118.2M shares
Diluted Shares Outstanding	167.3M shares	167.0M	164.0M	128.8M	128.7M	134.5M	144.2M	152.6M	157.3M	137.5M	131.8M	129.6M shares	126.4M shares	123.1M shares	118.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $35.158 Billion

About M&T BANK CORP

M&T Bank Corp. operates as a bank holding company, which engages in the provision of retail and commercial banking, trust, wealth management and investment services. The company is headquartered in Buffalo, New York and currently employs 21,986 full-time employees. The firm has two wholly owned bank subsidiaries: M&T Bank and Wilmington Trust, N.A. Its subsidiaries offer a range of retail and commercial banking, trust and wealth management, and investment services to their customers. Its segments include Commercial Bank, Retail Bank and Institutional Services and Wealth Management. The Commercial Bank segment provides a range of credit products and banking services to middle-market and large commercial customers, mainly within the markets served by the Company. The Retail Bank segment provides a range of services to consumers and small businesses through its branch network and several other delivery channels, such as telephone banking, Internet banking and automated teller machines. The Institutional Services and Wealth Management segment provides a variety of trustee, agency, investment management and administrative services for corporations and institutions, investment bankers and others.

Industry: State Commercial Banks Peers: TRUIST FINANCIAL CORP CITIZENS FINANCIAL GROUP INC/RI FIFTH THIRD BANCORP FIRST REPUBLIC BANK HUNTINGTON BANCSHARES INC /MD/ KEYCORP /NEW/ REGIONS FINANCIAL CORP PNC FINANCIAL SERVICES GROUP, INC. SVB FINANCIAL GROUP