M&T Bank (MTB)
Regional commercial and retail banking with Wilmington Trust wealth and institutional services.
$223.42
After hours−0.07 (−0.03%)
At close$223.49(−1.53%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,201 | 3,298 | 3,300 | 3,373 | 3,391 | 3,341 | 3,171 | 3,292 | 2,513 | 3,333 | 3,225 | 3,360 |
| Cost of revenue | 1,016 | 1,243 | 1,265 | 1,221 | 1,179 | 1,119 | 995 | 1,021 | 125 | 983 | 924 | 948 |
| Gross profit | 2,185 | 2,055 | 2,035 | 2,152 | 2,212 | 2,222 | 2,176 | 2,271 | 2,388 | 2,350 | 2,301 | 2,412 |
| 1,278 | 1,430 | 1,371 | 1,297 | 1,303 | 1,340 | 1,415 | 1,336 | 1,363 | 1,379 | 1,438 | 1,145 | |
| 779 | 781 | 884 | 828 | 827 | 810 | 932 | 838 | 663 | 809 | 1,416 | 1,145 | |
| Selling & marketing | 23 | 26 | 20 | 27 | 27 | 30 | 22 | 25 | 63 | 0 | 21 | 27 |
| General & administrative | 756 | 755 | 864 | 801 | 800 | 780 | 910 | 813 | 600 | 809 | 1,395 | 1,118 |
| Other expenses | 499 | 649 | 487 | 469 | 476 | 530 | 483 | 498 | 700 | 570 | 23 | 0 |
| Operating income | 907 | 626 | 664 | 855 | 909 | 882 | 761 | 935 | 1,025 | 971 | 863 | 1,267 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | −204 | |
| Interest income | 2,641 | 2,740 | 2,745 | 2,789 | 2,785 | 2,707 | 2,560 | 2,609 | 2,680 | 2,637 | 2,536 | 2,620 |
| Interest expense | 866 | 1,018 | 1,065 | 1,071 | 1,059 | 979 | 865 | 896 | 919 | 858 | 784 | 828 |
| Income before tax | 907 | 626 | 664 | 855 | 909 | 882 | 761 | 935 | 1,025 | 971 | 863 | 1,063 |
| Income tax expense | 217 | 143 | 133 | 200 | 188 | 201 | 177 | 219 | 233 | 212 | 199 | 245 |
| Net income from continuing operations | 690 | 482 | 531 | 655 | 721 | 681 | 584 | 716 | 792 | 759 | 664 | 818 |
| Net income | 690 | 482 | 531 | 655 | 721 | 681 | 584 | 716 | 792 | 759 | 664 | 818 |
| EPS, basic | $4.00 | $2.75 | $3.04 | $3.75 | $4.04 | $3.88 | $3.33 | $4.28 | $4.82 | $4.67 | $4.24 | $5.23 |
| EPS, diluted | $3.98 | $2.74 | $3.02 | $3.73 | $4.02 | $3.86 | $3.32 | $4.24 | $4.82 | $4.67 | $4.24 | $5.23 |
| Weighted average shares, basic | 166 | 166 | 166 | 167 | 167 | 166 | 164 | 157 | 157 | 157 | 157 | 157 |
| Weighted average shares, diluted | 167 | 167 | 167 | 168 | 168 | 167 | 165 | 160 | 157 | 157 | 157 | 157 |
| EBITDA | 1,037 | 755 | 794 | 982 | 1,031 | 1,011 | 891 | 1,059 | 1,035 | 1,093 | 960 | 1,267 |
| Depreciation & amortization | 130 | 129 | 130 | 127 | 122 | 129 | 130 | 124 | 10 | 122 | 97 | 0 |
| EBIT | 907 | 626 | 664 | 855 | 909 | 882 | 761 | 935 | 1,025 | 971 | 863 | 1,267 |