
M&T Bank Corporation
NYSE:MTB
196.19 (USD) • At close July 18, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets: | ||||||||||||||||||||||||||||||||||||
Current Assets: | ||||||||||||||||||||||||||||||||||||
Cash & Cash Equivalents
| 20,782 | 29,800 | 26,476 | 43,209.881 | 25,216.553 | 8,622.959 | 9,710.636 | 6,499.791 | 6,321.187 | 8,962.39 | 7,760.832 | 3,224.499 | 2,113.56 | 1,604.507 | 1,009.977 | 1,359.558 | 1,557.088 | 1,737.94 | 1,612.145 | 1,487.647 | 1,344.87 | 1,890.688 | 971.628 | 970.005 | 753.361 | 593.9 | 723.6 | 387.6 | 497.3 | 489.6 | 381 | 580.2 | 687 | 336.5 | 704.7 | 541 |
Short Term Investments
| 14,548 | 10,440 | 10,749 | 3,955.804 | 4,822.606 | 6,318.776 | 8,682.509 | 10,896.284 | 13,332.072 | 12,242.671 | 9,156.932 | 4,531.786 | 4,739.437 | 6,228.56 | 5,413.492 | 6,704.378 | 6,850.193 | 8,379.169 | 6,829.848 | 7,931.703 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash and Short Term Investments
| 35,330 | 40,346 | 37,346 | 47,215.43 | 30,039.159 | 14,941.735 | 18,393.145 | 17,528.984 | 19,653.259 | 21,205.061 | 16,917.764 | 7,756.285 | 6,852.997 | 7,833.067 | 6,423.469 | 8,063.936 | 8,407.281 | 10,117.109 | 8,441.993 | 9,419.35 | 1,344.87 | 1,890.688 | 971.628 | 970.005 | 753.361 | 593.9 | 723.6 | 387.6 | 497.3 | 489.6 | 381 | 580.2 | 687 | 336.5 | 704.7 | 541 |
Net Receivables
| 0 | 2,814 | 2,582 | 1,096.646 | 1,246.896 | 1,412.197 | 1,406.901 | 1,425.562 | 1,419.51 | 1,353.318 | 1,337.204 | 1,398.928 | 1,472.938 | 1,532.615 | 1,646.535 | 1,877.3 | 1,715.021 | 1,624.858 | 1,423.637 | 1,286.93 | 1,721.705 | 1,736.863 | 1,155.775 | 1,083.584 | 1,006.057 | 717.6 | 707.6 | 489 | 257.4 | 265.3 | 249.9 | 145.6 | 165.9 | 170.5 | 0 | 0 |
Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Current Assets
| 35,330 | 43,160 | 39,928 | 48,312.076 | 31,286.055 | 16,353.932 | 19,985.63 | 18,954.546 | 21,072.769 | 22,558.379 | 18,254.968 | 9,155.213 | 8,325.935 | 9,365.682 | 8,070.004 | 9,941.236 | 10,122.302 | 11,741.967 | 9,865.63 | 10,706.28 | 3,066.575 | 3,627.551 | 2,127.403 | 2,053.589 | 1,759.418 | 1,311.5 | 1,431.2 | 876.6 | 754.7 | 754.9 | 636.3 | 725.8 | 852.9 | 507 | 704.7 | 541 |
Non-Current Assets: | ||||||||||||||||||||||||||||||||||||
Property, Plant & Equipment, Net
| 1,705 | 1,739 | 1,654 | 1,144.765 | 1,161.558 | 1,140.924 | 647.408 | 646.451 | 675.263 | 666.682 | 612.984 | 633.52 | 594.652 | 581.435 | 435.837 | 435.845 | 388.855 | 370.765 | 335.008 | 337.115 | 367.204 | 398.971 | 238.986 | 261.877 | 257.975 | 173.8 | 162.8 | 122 | 128.5 | 128.5 | 127.3 | 134.9 | 128.8 | 88.8 | 65.6 | 61.8 |
Goodwill
| 8,465 | 8,465 | 8,490 | 4,593.112 | 4,593.112 | 4,593.112 | 4,593.112 | 4,593.112 | 4,593.112 | 4,593.112 | 3,524.625 | 3,524.625 | 3,524.625 | 3,524.625 | 3,524.625 | 3,524.625 | 3,192.128 | 3,196.433 | 2,908.849 | 2,904.081 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets
| 94 | 147 | 209 | 3.998 | 14.165 | 29.034 | 47.067 | 71.589 | 97.655 | 140.268 | 35.027 | 68.851 | 115.763 | 176.394 | 125.917 | 182.418 | 183.496 | 248.556 | 250.233 | 108.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill and Intangible Assets
| 8,559 | 8,612 | 8,699 | 4,597.11 | 4,607.277 | 4,622.146 | 4,640.179 | 4,664.701 | 4,690.767 | 4,733.38 | 3,559.652 | 3,593.476 | 3,640.388 | 3,701.019 | 3,650.542 | 3,707.043 | 3,375.624 | 3,444.989 | 3,159.082 | 3,012.341 | 3,069.588 | 3,144.911 | 1,216.343 | 1,267.826 | 1,199.407 | 648 | 546 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long Term Investments
| 153,001 | 148,396 | 141,519 | 93,546.636 | 97,775.675 | 91,638.076 | 90,050.436 | 89,314.464 | 91,363.305 | 88,593.957 | 68,248.8 | 66,022.266 | 65,507.083 | 59,099.694 | 51,177.954 | 50,257.595 | 47,566.552 | 46,220.094 | 41,295.462 | 38,874.513 | 46,246.232 | 42,417.527 | 29,246.462 | 27,786.889 | 25,677.964 | 18,991.1 | 18,270.8 | 12,947.1 | 12,023.4 | 11,062.8 | 9,765 | 9,494.4 | 8,552.7 | 8,532.3 | 6,721.1 | 5,452.3 |
Tax Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets
| 9,510 | 6,463 | 9,051 | 7,556.318 | 7,770.54 | 6,117.679 | 4,959.334 | 5,146.234 | 5,647.102 | 6,235.486 | 6,009.131 | 5,757.916 | 4,940.745 | 5,176.457 | 4,686.926 | 4,538.68 | 4,362.424 | 3,097.824 | 2,409.723 | 2,216.157 | 189.122 | 237.121 | 371.987 | 80.015 | 54.692 | 1,284.7 | 173.1 | 57.2 | 37.3 | 9.7 | 5.4 | 9.9 | 53.5 | 43 | 224 | 178.7 |
Total Non-Current Assets
| 172,775 | 165,104 | 160,802 | 106,795.084 | 110,246.469 | 103,045.196 | 100,111.773 | 99,638.941 | 102,052.57 | 99,955.722 | 78,039 | 75,531.474 | 74,190.902 | 67,993.921 | 59,402.425 | 58,532.06 | 55,693.455 | 52,804.39 | 46,943.065 | 44,237.289 | 49,683.024 | 45,961.409 | 31,073.778 | 29,316.592 | 27,135.346 | 21,097.6 | 18,979.6 | 13,069 | 12,151.9 | 11,191.3 | 9,892.3 | 9,629.4 | 8,681.5 | 8,621.1 | 7,010.7 | 5,692.8 |
Total Assets
| 208,105 | 208,264 | 200,730 | 155,107.16 | 142,601.105 | 119,872.757 | 120,097.403 | 118,593.487 | 123,449.206 | 122,787.884 | 96,685.535 | 85,162.391 | 83,008.803 | 77,924.287 | 68,021.263 | 68,880.399 | 65,815.757 | 64,875.639 | 57,064.905 | 55,146.406 | 52,938.721 | 49,826.081 | 33,201.181 | 31,450.196 | 28,949.456 | 22,409.1 | 20,583.9 | 14,002.9 | 12,943.9 | 11,955.9 | 10,528.6 | 10,365 | 9,587.9 | 9,171.1 | 7,715.4 | 6,233.8 |
Liabilities & Equity: | ||||||||||||||||||||||||||||||||||||
Current Liabilities: | ||||||||||||||||||||||||||||||||||||
Account Payables
| 0 | 4,516 | 4,377 | 2,127.931 | 2,166.409 | 2,337.49 | 1,637.348 | 1,593.993 | 1,811.431 | 1,870.714 | 1,567.951 | 1,368.922 | 1,512.717 | 1,790.121 | 1,070.701 | 995.056 | 1,364.879 | 984.353 | 888.352 | 819.98 | 727.411 | 1,016.256 | 400.991 | 422.746 | 528.958 | 909.2 | 446.9 | 284.4 | 195.6 | 174.1 | 103.5 | 110.4 | 115.7 | 129.1 | 0 | 0 |
Short Term Debt
| 1,060 | 5,316 | 3,555 | 47.046 | 59.482 | 164.042 | 4,807.532 | 771.969 | 1,411.578 | 4,031.463 | 1,592.676 | 1,660.455 | 2,474.482 | 2,182.082 | 2,572.433 | 4,067.583 | 4,634.736 | 7,446.898 | 4,119.215 | 5,527.873 | 4,703.664 | 4,442.246 | 3,429.414 | 3,045.83 | 2,072.824 | 2,554.2 | 2,230 | 1,097.3 | 1,150.2 | 1,273.2 | 1,364.9 | 2,101.6 | 692.7 | 1,022.4 | 971.8 | 834.6 |
Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities
| 161,095 | 163,274 | 163,515 | 131,543.409 | 119,805.738 | 94,770.069 | 90,156.572 | 92,432.146 | 95,493.876 | 91,957.841 | 73,582.053 | 67,118.612 | 65,611.253 | 61,184.77 | 50,875.985 | 48,444.894 | 43,946.142 | 42,250.541 | 39,910.503 | 37,100.174 | 35,429.473 | 33,114.944 | 21,664.923 | 21,580.4 | 20,232.673 | 15,373.6 | 14,737.1 | 11,163.1 | 10,514.5 | 9,469.6 | 8,243.1 | 7,353.3 | 8,077.1 | 7,474.3 | 6,201 | 4,870.6 |
Total Current Liabilities
| 162,155 | 173,106 | 171,447 | 133,718.386 | 122,031.629 | 97,271.601 | 96,601.452 | 94,798.108 | 98,716.885 | 97,860.018 | 76,742.68 | 70,147.989 | 69,598.452 | 65,156.973 | 54,519.119 | 53,507.533 | 49,945.757 | 50,681.792 | 44,918.07 | 43,448.027 | 40,860.548 | 38,573.446 | 25,495.328 | 25,048.976 | 22,834.455 | 18,837 | 17,414 | 12,544.8 | 11,860.3 | 10,916.9 | 9,711.5 | 9,565.3 | 8,885.5 | 8,625.8 | 7,172.8 | 5,705.2 |
Non-Current Liabilities: | ||||||||||||||||||||||||||||||||||||
Long Term Debt
| 12,605 | 8,201 | 3,965 | 3,485.369 | 4,382.193 | 6,884.507 | 8,035.76 | 7,719.659 | 8,409.141 | 8,754.577 | 7,606.959 | 3,708.87 | 3,207.758 | 5,286.226 | 6,215.15 | 8,615.015 | 10,450.148 | 8,692.944 | 5,865.74 | 5,821.993 | 6,348.559 | 5,535.425 | 4,497.374 | 3,461.769 | 3,414.516 | 1,775.1 | 1,567.5 | 427.8 | 178 | 192.8 | 96.2 | 75.6 | 75.7 | 9.5 | 3.2 | 13.1 |
Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities
| 4,318 | 0 | 0 | 0 | 0 | 0 | 0 | -175.099 | -163.442 | 0 | 0 | 0 | 0 | -1,790.121 | -1,070.701 | -995.056 | -1,364.879 | -984.353 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.1 | -0.1 | -0.1 | 0.2 | -0.1 | 0 | 102.2 | 109.2 |
Total Non-Current Liabilities
| 16,923 | 8,201 | 3,965 | 3,485.369 | 4,382.193 | 6,884.507 | 8,035.76 | 7,544.56 | 8,245.699 | 8,754.577 | 7,606.959 | 3,708.87 | 3,207.758 | 3,496.105 | 5,144.449 | 7,619.959 | 9,085.269 | 7,708.591 | 5,865.74 | 5,821.993 | 6,348.559 | 5,535.425 | 4,497.374 | 3,461.769 | 3,414.516 | 1,775.1 | 1,567.5 | 427.8 | 177.9 | 192.7 | 96.1 | 75.8 | 75.6 | 9.5 | 105.4 | 122.3 |
Total Liabilities
| 179,078 | 181,307 | 175,412 | 137,203.755 | 126,413.822 | 104,156.108 | 104,637.212 | 102,342.668 | 106,962.584 | 106,614.595 | 84,349.639 | 73,856.859 | 72,806.21 | 68,653.078 | 59,663.568 | 61,127.492 | 59,031.026 | 58,390.383 | 50,783.81 | 49,270.02 | 47,209.107 | 44,108.871 | 29,992.702 | 28,510.745 | 26,248.971 | 20,612.1 | 18,981.5 | 12,972.6 | 12,038.2 | 11,109.6 | 9,807.6 | 9,641.1 | 8,961.1 | 8,635.3 | 7,278.2 | 5,827.5 |
Equity: | ||||||||||||||||||||||||||||||||||||
Preferred Stock
| 2,394 | 2,011 | 2,011 | 1,750 | 1,250 | 1,250 | 1,231.5 | 1,231.5 | 1,231.5 | 1,231.5 | 1,231.5 | 881.5 | 872.5 | 864.585 | 740.657 | 730.235 | 567.463 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 40 | 40 | 40 | 40 | 0 | 0 |
Common Stock
| 91 | 91 | 91 | 81.083 | 81.215 | 81.437 | 81.609 | 81.756 | 82.118 | 82.146 | 68.765 | 68.173 | 67.561 | 66.914 | 64.387 | 64.54 | 64.815 | 64.974 | 65.258 | 65.561 | 60.198 | 60.053 | 54.76 | 54.732 | 50.699 | 44.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings
| 19,079 | 17,524 | 15,754 | 14,646.448 | 13,444.428 | 12,820.916 | 11,516.672 | 10,164.804 | 9,222.488 | 8,430.502 | 7,807.119 | 7,188.004 | 6,477.276 | 5,867.165 | 5,426.701 | 5,076.884 | 5,062.754 | 4,815.585 | 4,443.441 | 3,854.275 | 3,270.887 | 2,736.215 | 2,297.848 | 2,017.7 | 1,735.643 | 1,501.5 | 1,271.1 | 1,092.1 | 937.1 | 805.5 | 694.3 | 595.3 | 510 | 426.4 | 371.4 | 325.8 |
Accumulated Other Comprehensive Income/Loss
| -164 | -459 | -790 | -127.578 | -63.032 | -206.68 | -420.081 | -363.814 | -294.636 | -251.627 | -180.994 | -64.159 | -240.264 | -356.441 | -205.22 | -335.997 | -736.881 | -114.822 | -53.574 | -97.93 | -11.43 | 31.979 | 54.772 | 22.819 | -0.432 | -26 | 2.9 | 12 | -2.5 | -3.2 | -50.6 | 0 | 0 | 0 | 0 | 0 |
Other Total Stockholders Equity
| 7,627 | 7,790 | 8,252 | 1,553.452 | 1,474.672 | 1,770.976 | 3,050.491 | 5,136.573 | 6,245.152 | 6,680.768 | 3,409.506 | 3,232.014 | 3,025.52 | 2,828.986 | 2,331.17 | 2,217.245 | 1,826.58 | 1,719.519 | 1,825.97 | 2,054.48 | 2,409.959 | 2,888.963 | 801.099 | 844.2 | 914.575 | 277.1 | 328.4 | -73.8 | -28.9 | 4 | 37.3 | 88.6 | 76.8 | 69.4 | 65.8 | 80.5 |
Total Shareholders Equity
| 29,027 | 26,957 | 25,318 | 17,903.405 | 16,187.283 | 15,716.649 | 15,460.191 | 16,250.819 | 16,486.622 | 16,173.289 | 12,335.896 | 11,305.532 | 10,202.593 | 9,271.209 | 8,357.695 | 7,752.907 | 6,784.731 | 6,485.256 | 6,281.095 | 5,876.386 | 5,729.614 | 5,717.21 | 3,208.479 | 2,939.451 | 2,700.485 | 1,797 | 1,602.4 | 1,030.3 | 905.7 | 846.3 | 721 | 723.9 | 626.8 | 535.8 | 437.2 | 406.3 |
Total Equity
| 29,027 | 26,957 | 25,318 | 17,903.405 | 16,187.283 | 15,716.649 | 15,460.191 | 16,250.819 | 16,486.622 | 16,173.289 | 12,335.896 | 11,305.532 | 10,202.593 | 9,271.209 | 8,357.695 | 7,752.907 | 6,784.731 | 6,485.256 | 6,281.095 | 5,876.386 | 5,729.614 | 5,717.21 | 3,208.479 | 2,939.451 | 2,700.485 | 1,797 | 1,602.4 | 1,030.3 | 905.7 | 846.3 | 721 | 723.9 | 626.8 | 535.8 | 437.2 | 406.3 |
Total Liabilities & Shareholders Equity
| 208,105 | 208,264 | 200,730 | 155,107.16 | 142,601.105 | 119,872.757 | 120,097.403 | 118,593.487 | 123,449.206 | 122,787.884 | 96,685.535 | 85,162.391 | 83,008.803 | 77,924.287 | 68,021.263 | 68,880.399 | 65,815.757 | 64,875.639 | 57,064.905 | 55,146.406 | 52,938.721 | 49,826.081 | 33,201.181 | 31,450.196 | 28,949.456 | 22,409.1 | 20,583.9 | 14,002.9 | 12,943.9 | 11,955.9 | 10,528.6 | 10,365 | 9,587.9 | 9,171.1 | 7,715.4 | 6,233.8 |