M&T Bank Corporation
NYSE:MTB
184.14 (USD) • At close June 6, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||||||||||||
| Net Income
| 2,588 | 2,741 | 1,992 | 1,859 | 1,353.152 | 1,929.149 | 1,918.08 | 1,408.306 | 1,315.114 | 1,079.667 | 1,066.246 | 1,138.48 | 1,029.498 | 859.479 | 736.161 | 379.891 | 555.887 | 654.259 | 839.189 | 782.183 | 722.521 | 573.942 | 485.092 | 378.075 | 286.156 | 265.6 | 208 | 176.2 | 151.1 | 131 | 117.3 | 102 | 97.9 | 67.2 | 53.9 | 50.7 |
| Depreciation & Amortization
| 508 | 497 | 435 | 324.208 | 320.288 | 301.315 | 179.005 | 197.125 | 200.591 | 175.349 | 198.73 | 203.735 | 204.561 | 197.78 | 182.362 | 190.921 | 185.79 | 178.159 | 175.931 | 173.748 | 196.074 | 191.662 | 129.787 | 193.944 | 124.132 | 97 | 79.6 | 42.4 | 30 | 25.8 | 17.6 | 16.2 | 36.1 | 9.6 | 8.1 | 6.9 |
| Deferred Income Tax
| -27 | -97 | -29.987 | 87.159 | -31.291 | 57.548 | 15.857 | 400.79 | 174.013 | 396.596 | 92.848 | 139.785 | 131.858 | 33.924 | 51.068 | 82.501 | -17.02 | -44.67 | -68.249 | -88.071 | -137.596 | -60.906 | -25.465 | -21.625 | -5.911 | 1.8 | -3 | -7.3 | -3.9 | -7.4 | -2.9 | -23.7 | -27.9 | 3.3 | 9.4 | 14.4 |
| Stock Based Compensation
| 0 | 0 | 111 | 85 | 80 | 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 |
| Change In Working Capital
| -79 | 364 | 1,805 | 521.723 | -1,654.535 | -145.684 | -156.361 | 645.752 | -617.668 | -20.474 | -382.517 | -613.062 | -1,126.858 | 427.551 | 247.376 | -239.061 | 326.641 | 287.457 | -481.806 | -680.559 | -145.239 | 45.449 | -62.992 | -32.579 | -8.992 | -0.3 | -295 | -1 | -1.5 | -12.1 | 0 | 0 | 212.6 | 158 | -16.7 | 9.4 |
| Accounts Receivables
| 0 | 0 | 0 | 66 | 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 |
| 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 |
| Accounts 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 |
| Other Working Capital
| -79 | 364 | 1,805 | 455.723 | -1,654.535 | -145.684 | -156.361 | 645.752 | -617.668 | -20.474 | -382.517 | -613.062 | -1,126.858 | 427.551 | 247.376 | -239.061 | 326.641 | 287.457 | -481.806 | -680.559 | -145.239 | 45.449 | -62.992 | -32.579 | -8.992 | -0.3 | -295 | -1 | -1.5 | -12.1 | 0 | 0 | 212.6 | 158 | -16.7 | 9.4 |
| Other Non Cash Items
| 620 | 400 | 260.727 | -162.131 | 721.573 | 215.227 | 133.271 | 129.962 | 111.361 | 111.27 | 123.734 | 63.386 | 260.922 | 253.512 | 458.68 | 775.137 | 577.118 | 259.552 | 74.798 | 111.071 | 88.61 | 485.997 | 111.998 | -363.513 | -48.743 | 242.5 | 47 | 149.1 | 58.5 | -28.8 | 205.2 | 90.3 | -1.4 | 21.6 | 29 | -57.1 |
| Operating Cash Flow
| 3,610 | 3,905 | 4,573.74 | 2,714.959 | 789.187 | 2,357.555 | 2,089.852 | 2,781.935 | 1,183.411 | 1,742.408 | 1,099.041 | 932.324 | 499.981 | 1,772.246 | 1,675.647 | 1,189.389 | 1,628.416 | 1,334.757 | 539.863 | 298.372 | 724.37 | 1,236.144 | 638.42 | 154.302 | 346.642 | 606.6 | 36.6 | 359.4 | 234.2 | 108.5 | 337.2 | 184.8 | 317.3 | 259.7 | 83.7 | 24.3 |
| Investing Activities: | ||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| -216 | -256 | 0 | -149.213 | -172.289 | -178.049 | -97.676 | -78.966 | -107.693 | -81.936 | -73.161 | -129.563 | -91.519 | -70.008 | 0 | -59.346 | -96.583 | -109.73 | -91.972 | 0 | -89.563 | 0 | -16.835 | 0 | -18.784 | -22.9 | -16.8 | -13.3 | -20.3 | -17.5 | -6.9 | -22.3 | -32.3 | -28.9 | -7.5 | -6.7 |
| Acquisitions Net
| 0 | 0 | 393.923 | 0 | 0 | 0 | 0 | 0 | 0 | -1,932.596 | 0 | 0 | 0 | -151.06 | 213.204 | 202.993 | 0 | -239.012 | 0 | 0 | 0 | 2,134.822 | -2.65 | -61.741 | 18.784 | 22.9 | 16.8 | 13.3 | 20.3 | 17.5 | 6.9 | 22.3 | 32.3 | 28.9 | 7.5 | 6.7 |
| Purchases Of Investments
| -14,943 | -4,499 | -9,567.863 | -2,309.767 | -48.578 | -1,503.131 | -1,303.993 | -1,809.253 | -3,779.31 | -3,751.399 | -5,422.034 | -2,184.1 | -327.119 | -3,550.94 | -1,452.003 | -746.024 | -1,352.51 | -2,390.314 | -867.3 | -2,263.076 | -5,061.966 | -3,735.704 | -2,239.408 | -564.685 | -458.421 | -233.9 | -910.8 | -686.3 | -590.4 | -717.5 | -97.1 | -2,011.4 | -901.2 | -1,315.2 | -626.7 | -709.2 |
| Sales Maturities Of Investments
| 8,007 | 2,927 | 2,553 | 2,066.648 | 2,593.148 | 4,954.406 | 3,126.711 | 3,372.331 | 3,076.55 | 8,894.032 | 1,512.496 | 2,404.203 | 2,042.138 | 3,621.647 | 1,918.308 | 2,550.023 | 2,174.118 | 2,391.075 | 1,950.154 | 2,346.921 | 3,792.793 | 2,855.193 | 2,335.387 | 1,337.785 | 1,269.94 | 1,212.9 | 1,398.8 | 561.9 | 869.8 | 810.4 | 678 | 1,353.9 | 1,939.6 | 1,324.5 | 348.7 | 590.6 |
| Other Investing Activites
| 6,602 | -6,046 | 23,213.676 | -13,238.668 | -24,392.762 | -2,546.219 | -3,135.093 | 1,910.813 | 89.685 | 4,586.181 | -7,727.672 | -2,294.118 | -5,684.358 | 519.293 | -204.099 | 554.049 | -2,988.784 | -4,434.686 | -1,357.587 | -1,660.071 | -2,599.266 | -1,532.838 | -1,659.708 | -1,156.448 | -1,371.57 | -972.2 | -1,274.3 | -894.1 | -1,206.9 | -1,275.6 | -604.3 | -235.8 | -143.5 | 588.3 | 521.5 | -141.2 |
| Investing Cash Flow
| -550 | -7,874 | 16,592.736 | -13,631 | -22,020.481 | 727.007 | -1,410.051 | 3,394.925 | -720.768 | 7,714.282 | -11,710.371 | -2,203.578 | -4,060.858 | 368.932 | 475.41 | 2,501.695 | -2,263.759 | -4,782.667 | -366.705 | -1,576.226 | -3,958.002 | -278.527 | -1,583.214 | -445.089 | -560.051 | 6.8 | -786.3 | -1,018.5 | -927.5 | -1,182.7 | -23.4 | -893.3 | 894.9 | 597.6 | 243.5 | -259.8 |
| Financing Activities: | ||||||||||||||||||||||||||||||||||||
| Debt Repayment
| 232 | 5,972 | 2,705 | -856 | -2,667.904 | -1,553.493 | 4,537.387 | -1,275.833 | -1,119.898 | -9,579.879 | 3,851.424 | -275.479 | -1,787.745 | -2,123.034 | -4,036.988 | -3,135.433 | -1,178.704 | 5,346.573 | -1,353.515 | 324.817 | 1,086.335 | -797.204 | 1,414.106 | 954.55 | 138.458 | 512.8 | 1,520.7 | -78.1 | -160.2 | -28.1 | -807.9 | 1,408.9 | -264.9 | 49.7 | 60.8 | 460.9 |
| Common Stock Issued
| 0 | 0 | 0 | 495 | 0 | 396 | 0 | 0 | 495 | 3,110.581 | 346.5 | 0 | 0 | 495 | 0 | 272.824 | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock Repurchased
| -746 | -594 | -1,800 | -495 | -373.75 | -1,349.785 | -2,194.396 | -1,205.905 | -1,141.334 | -3,273.593 | 0 | 0 | 0 | -370 | 0 | -1,547.039 | 2,356.038 | -508.404 | -373.86 | -509.609 | -610.261 | 0 | -240.314 | -323.744 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid
| -1,033 | -968 | -881 | -648 | -636.368 | -619.592 | -582.903 | -530.136 | -523.161 | -456.287 | -441.433 | -418.799 | -411.167 | -398.332 | -375.528 | -357.652 | -308.501 | -281.9 | -249.817 | -198.619 | -187.669 | -135.423 | -96.858 | -95.872 | -51.987 | -35.1 | -29 | -21.2 | -19.5 | -19.8 | -18.3 | -16.7 | -14.4 | -12.2 | -8.3 | -7.6 |
| Other Financing Activities
| -1,685 | -230 | -21,007.809 | 12,205.474 | 25,025.754 | 269.174 | -2,255.338 | -3,064.647 | 1,774.259 | 574.159 | 6,901.762 | 1,651.851 | 6,294.007 | 898.83 | 1,948.872 | -519.808 | 1,923.152 | -965.776 | 1,938.539 | 1,787.92 | 2,409.249 | 590.661 | 145.241 | -4.917 | -286.905 | -497.8 | -174.3 | 763.1 | 1,039.7 | 1,142.8 | 412 | -735.4 | -692.5 | -859.6 | -355.3 | -177.9 |
| Financing Cash Flow
| -2,882 | 4,180 | -20,983.809 | 10,701.474 | 21,347.732 | -3,253.696 | -495.25 | -6,076.521 | -510.134 | -9,462.007 | 10,311.753 | 957.573 | 4,095.095 | -1,622.536 | -2,463.644 | -4,012.893 | 435.947 | 3,590.493 | -38.653 | 1,404.509 | 2,697.654 | -341.966 | 1,222.175 | 530.017 | -255.381 | -99.9 | 1,085.6 | 596 | 779.2 | 1,057.5 | -458.2 | 656.8 | -971.8 | -822.1 | -319.4 | 255.4 |
| Other Information: | ||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 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 | -0.1 | 0 | 0 | 693.3 | 1,074.2 | -313.8 | 708.5 | -1,212.2 | -857.3 | -327.2 | 235.5 |
| Net Change In Cash
| 178 | 211 | 182.667 | -215 | 116.438 | -169.134 | 184.551 | 100.339 | -47.491 | -5.317 | -299.577 | -313.681 | 534.218 | 518.642 | -312.587 | -321.809 | -199.396 | 142.583 | 134.505 | 126.655 | -535.978 | 615.651 | 277.381 | 239.23 | -468.79 | 513.4 | 336 | -63.1 | 779.2 | 1,057.5 | -458.2 | 656.8 | -971.8 | -822.1 | -319.4 | 255.4 |
| Cash At End Of Period
| 1,909 | 1,731 | 1,520.244 | 1,337.577 | 1,552.743 | 1,436.305 | 1,605.439 | 1,420.888 | 1,320.549 | 1,368.04 | 1,373.357 | 1,672.934 | 1,986.615 | 1,452.397 | 933.755 | 1,246.342 | 1,568.151 | 1,767.547 | 1,624.964 | 1,490.459 | 1,363.804 | 1,899.782 | 1,284.131 | 1,006.75 | 767.52 | 1,236.3 | 722.9 | 386.9 | 1,143.3 | 1,438.4 | 67 | 1,233.8 | -635.3 | -520.8 | -25.8 | 529 |