greeksoup/ stocks
Stocks / United States / MTB · State Commercial Banks · NYSE

M&T Bank Corp. (MTB)

Compare with another name

M&T Bank Corp. (MTB) reported revenue of $442 million for Q2 FY2026, the quarter ended 30 June 2026, up 6.0% on the same quarter a year earlier. Net income was $818 million, up 14.2% on the year, and diluted earnings per share $5.32. The figures are the company's own, from the 10-Q it filed with the SEC on 4 August 2026.

Revenue$442 millionup 6.0%
Net income$818 millionup 14.2%
Diluted EPS$5.32
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE10.9%
Net margin178.1%
Debt to equity0.49
Share count, 1 year-7.6%
Sales CAGR, 3 years-41.3%
Profit CAGR, 3 years12.7%
EPS, TTM$18.89

At the close of 21 September 2026

Price$226.96
Market cap$32.8 billion
Stock P/E12.01
Price to book1.17
EV / EBITDAn/a
Dividend yield2.5%
Market cap / sales19.25
52-week high$254.09
52-week low$178.63
Price, 1 year12.3%
Price CAGR, 3 years22.2%
Price CAGR, 5 years10.7%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as M&T Bank Corp. files it, with lease liabilities counted separately and never inside it. M&T Bank Corp. files on the bank format, which does not report a return on capital employed, an operating margin or interest cover, so those are left out here rather than shown as a blank. Free cash flow margin and cash conversion are left out too, by our choice: a bank's operating cash flow moves with its lending and deposits, so neither ratio means for a bank what it means for an operating company. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on MTB

Filings24 in twelve months: 15 current reports (8-K), about 9 regulation fd disclosure; 4 other events; 4 results of operations; 2 change to security holders' rights; 2 charter or bylaw amendment, or fiscal year change
Planned insider sales24 Form 144 notices in twelve months, $99.1 million; latest 14 September 2026
Options tapeput/call 0.39 by open interest on 23 September 2026; the straddle prices a 5.1% move to 16 October 2026
Holders7 of the followed funds hold it; largest FMR LLC; 5 Schedule 13D or 13G filings in twelve months
Insider trading21 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest5.6 million shares short, 5.55 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue360n/a367388394392397417423420418442
Interest expense8661,0181,0651,071n/an/an/an/an/an/an/an/a
Pre-tax income9076266648559098827619351,0259718631,063
Tax rate24%23%20%23%21%23%23%23%23%22%23%23%
Net income690482531655721681584716792759664818
Net margin192%n/a145%169%183%174%147%172%187%181%159%185%
Diluted EPS$3.98$2.75$3.02$3.73$4.02$3.87$3.32$4.24$4.82$4.62$4.13$5.32
Operating cash flow1,4208006081,354-28.01,6766358441,0015231,0121,268
Capital expenditure66.887.835.066.030.085.025.026.036.056.096.021.0
Free cash flow1,3537125731,288-58.01,5916108189654679161,247
Buybacks0.00.00.00.01981986561,0694045021,238460
Dividends paid216216221225225224225213233228227218
Shares outstanding166m167m161m167m166m164m161m156m154m149m146m144m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014 FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022 FY2023 FY2024 FY2025TTM
Revenue4,4564,6685,2965,6325,9286,1925,9555,9928,1799,6431,5411,6571,703
Interest expense2803284263875267493261144253,109n/an/an/a
Pre-tax income1,6421,6752,0582,3242,5082,5471,7702,4552,6113,6193,3103,6923,922
Income tax576595743916590618416596619878722841889
Effective tax rate35.1%35.5%36.1%39.4%23.5%24.3%23.5%24.3%23.7%24.3%21.8%22.8%22.7%
Net income1,0661,0801,3151,4081,9181,9291,3531,8591,9922,7412,5882,8513,033
Net margin23.9%23.1%24.8%25.0%32.4%31.2%22.7%31.0%24.4%28.4%167.9%172.1%178.1%
Diluted EPS$7.42$7.18$7.78$8.70$12.74$13.75$9.94$13.80$11.53$15.79$14.64$17.00$18.89
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014 FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022 FY2023 FY2024 FY2025TTM
Operating cash flown/an/a1,1832,7822,0902,3587892,7154,5743,9053,6103,0033,804
Capital expenditure73.082.010879.098.0178172149214256216143209
Free cash flown/an/a1,0752,7031,9922,1806172,5664,3603,6493,3942,8603,595
Free cash flow marginn/an/a20.3%48.0%33.6%35.2%10.4%42.8%53.3%37.8%220.2%172.6%211.1%
Depreciation and amortisation96.599.0107110105n/an/an/a282304316323315
Share-based compensation65.067.065.061.066.076.080.085.0111118116136n/a
Buybacksn/an/a6411,2062,1941,350374n/a1,8005943962,6312,604
Dividends paid371375442457510552568580784868895899906
Dividend per share$2.80$2.80n/an/an/an/an/an/a$4.80$5.20$5.35$5.70n/a
Diluted shares, weighted132m138m157m153m144m134m129m129m164m167m167m159m147m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a144m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014 FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022 FY2023 FY2024 FY2025TTM
Total assets96,686122,788123,449118,593120,097119,873142,601155,107200,730208,264208,105213,510219,261
Cash and equivalents1,3731,3681,3211,4211,6051,4361,5531,33826,47929,80020,78218,76917,438
Goodwill3,5254,5934,5934,5934,5934,5934,5934,5938,4908,4658,4658,4658,465
Long-term debt9,00710,6549,4948,1418,4456,9864,3823,4853,9658,20112,60510,91113,568
Shareholders' equity12,33616,17316,48716,25115,46015,71716,18717,90325,31826,95729,02729,17727,946
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded-9.8%-22.6%-41.3%6.4%
Profit growth, compounded10.2%16.1%12.7%12.3%
Return on equity, average9.7%9.4%9.6%9.8%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: State Commercial Banks

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Bank of New York Mellon Corp. BNY$104.4 billion17.9414.1%n/a-4.6%0.681.3%
State Street Corp. STT$50.7 billion16.2812.2%n/a12.3%0.551.7%
Fifth Third Bancorp FITB$48.3 billion18.266.8%n/a49.0%0.512.9%
M&T Bank Corp. MTB$32.8 billion12.0110.9%n/a6.4%0.492.5%
Northern Trust Corp. NTRS$32.7 billion15.2916.7%n/a8.2%n/a1.7%
Citizens Financial Group Inc/Ri CFG$28.5 billion14.648.1%n/a11.0%0.582.6%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 20264 August 2026EDGAR
10-Q31 March 20265 May 2026EDGAR
10-K31 December 202518 February 2026EDGAR
10-Q30 September 202527 October 2025EDGAR
10-Q30 June 20254 August 2025EDGAR
10-Q31 March 20255 May 2025EDGAR
10-K31 December 202419 February 2025EDGAR
10-Q30 September 20245 November 2024EDGAR
10-Q30 June 20245 August 2024EDGAR
10-Q31 March 20243 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install