What is M&T Bank US's earnings per share (EPS)?

M&T Bank US (MTB) reported diluted earnings per share of $17.00 for fiscal year 2025. This represents a 16.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

M&T Bank US (MTB) Financials

MTB

Trailing 12 months to June 30, 2026

Revenue $10.0B +5.8% YoY

Net Income $3.0B +12.3% YoY

EPS (Diluted) $18.93 +22.6% YoY

Operating Cash Flow $3.8B +21.7% YoY

Market Cap $34.4B as of Sep 10, 2026

Price / Sales 3.5x on $10.0B revenue, trailing 12 months to June 30, 2026

Price / Earnings 11.3x on $3.0B net income, trailing 12 months to June 30, 2026

Price / Book 1.2x on $27.9B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MTB SEC filings page.

M&T Bank US (MTB) reported $10.0B in revenue over the twelve months to Jun 30, 2026, up 5.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MTB FY2025 2026-09-05

M&T’s dominant mechanic is large balance-sheet intermediation, with capital distributions materially shaping per-share performance.

From FY2024 to FY2025, net income rose while operating cash flow fell from $3.61B to $3.00B, so improved reported profitability translated into weaker cash conversion. The divergence occurred even as the asset base expanded and ROA improved, indicating modestly better asset productivity did not prevent cash generation from softening.

The bank’s margin recovery is visible in net profit margin moving from 27.9% to 29.4% while revenue returned near FY2023 levels. Because income recovered more strongly than revenue, the pattern points to improved earnings conversion, not merely a larger operating base.

Capital distributions were substantial: buybacks reached $2.63B against $899M of dividends. Shares outstanding fell from 164.3M to 149.0M, helping per-share earnings strengthen faster than total net income.

Financial Health Signals

Financial Health Score 53/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of M&T Bank US's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Earnings

M&T Bank US earned a return on assets of 1.3% in fiscal year 2025, which is the profit it made on every dollar of assets on its books. This is up from 1.2% the prior year. Earnings ranks banks on that return over three years, and M&T Bank US scores 79/100 among other banks.

Growth

M&T Bank US reported revenue of $9.7B in fiscal year 2025, against $9.3B in fiscal year 2024. Growth ranks banks on the three-year path of their net revenue, which is interest income and fee income less the interest they pay out, and M&T Bank US scores 19/100 among other banks.

Capital

M&T Bank US funded 13.7% of its assets with shareholders' equity at the end of fiscal year 2025, holding $29.2B of equity against $213.5B of assets. Capital ranks banks on that cushion, and M&T Bank US scores 73/100 among other banks.

Efficiency

Efficiency measures what a bank spends running itself against the revenue that spending brings in, so a lower ratio is the better one. M&T Bank US scores 77/100 on it among other banks.

Credit Quality

Not available for M&T Bank US, and counted as zero in the overall score.

Stability

M&T Bank US reported net income of $2.9B in fiscal year 2025, against $2.6B in fiscal year 2024. Stability ranks banks on how steady net income has been across five years, and M&T Bank US scores 68/100 among other banks.

Piotroski F-Score Partial

7/7

M&T Bank US passes 7 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.05x

For every $1 of reported earnings, M&T Bank US generates $1.05 in operating cash flow ($3.0B OCF vs $2.9B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.5B

YoY+5.7%

QoQ+3.7%

5Y CAGR+11.7%

10Y CAGR+6.8%

M&T Bank US generated $2.5B in revenue in Q2 2026. This represents an increase of 5.7% from the same quarter a year earlier. Against the prior quarter it is up 3.7%.

Net Income

$818.0M

YoY+14.2%

QoQ+23.2%

5Y CAGR+12.3%

10Y CAGR+9.3%

M&T Bank US reported $818.0M in net income in Q2 2026. This represents an increase of 14.2% from the same quarter a year earlier. Against the prior quarter it is up 23.2%.

EPS (Diluted)

$5.32

YoY+25.5%

QoQ+28.8%

5Y CAGR+9.3%

10Y CAGR+10.4%

M&T Bank US earned $5.32 per diluted share (EPS) in Q2 2026. This represents an increase of 25.5% from the same quarter a year earlier. Against the prior quarter it is up 28.8%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$17.4B

YoY-18.6%

QoQ+6.7%

5Y CAGR+65.4%

10Y CAGR+29.8%

M&T Bank US held $17.4B in cash against $13.6B in long-term debt as of Q2 2026.

Dividends Per Share

$1.50

YoY+11.1%

QoQ0.0%

M&T Bank US paid $1.50 per share in dividends in Q2 2026. This represents an increase of 11.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

144M

YoY-7.6%

QoQ-1.4%

5Y CAGR+2.3%

10Y CAGR-0.8%

M&T Bank US had 144M shares outstanding in Q2 2026. This represents a decrease of 7.6% from the same quarter a year earlier. Against the prior quarter it is down 1.4%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Net Margin

32.3%

YoY+2.4pp

QoQ+5.1pp

5Y CAGR+0.9pp

10Y CAGR+6.7pp

M&T Bank US's net profit margin was 32.3% in Q2 2026, showing the share of revenue converted to profit. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.1 percentage points.

Return on Equity

2.9%

YoY+0.4pp

QoQ+0.6pp

5Y CAGR+0.2pp

10Y CAGR+0.9pp

M&T Bank US's ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$460.0M

YoY-57.0%

QoQ-62.8%

M&T Bank US spent $460.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 57.0% from the same quarter a year earlier. Against the prior quarter it is down 62.8%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

MTB Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTB quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$10.0B	$9.7B+4.4%	$9.3B-3.8%	$9.6B+17.9%	$8.2B+36.5%	$6.0B+0.6%	$6.0B-3.8%	$6.2B+4.4%	$5.9B+5.3%	$5.6B+6.4%	$5.3B+13.5%	$4.7B+4.8%	$4.5B-1.8%	$4.5B+6.4%	$4.3B+7.4%	$4.0B
SG&A Expenses	$3.4B	$3.3B+5.7%	$3.2B+5.5%	$3.0B+7.5%	$2.8B+36.2%	$2.0B+4.9%	$2.0B+2.6%	$1.9B+8.5%	$1.8B+6.3%	$1.6B+1.9%	$1.6B+4.4%	$1.5B+10.3%	$1.4B+3.7%	$1.4B+3.1%	$1.3B+9.2%	$1.2B
Interest Expense	$3.4B	$3.5B-15.2%	$4.2B+34.3%	$3.1B+631.5%	$425.0M+272.8%	$114.0M-65.1%	$326.4M-56.4%	$749.3M+42.3%	$526.4M+36.1%	$386.8M-9.2%	$426.0M+29.8%	$328.3M+17.1%	$280.4M-1.3%	$284.1M-17.2%	$343.2M-14.7%	$402.3M
Income Tax	$889.0M	$841.0M+16.5%	$722.0M-17.8%	$878.0M+41.6%	$620.0M+4.0%	$596.0M+43.1%	$416.4M-32.6%	$618.1M+4.7%	$590.2M-35.5%	$915.6M+23.2%	$743.3M+24.9%	$595.0M+3.3%	$576.0M-8.1%	$627.1M+19.9%	$523.0M+43.2%	$365.1M
Net Income	$3.0B	$2.9B+10.2%	$2.6B-5.6%	$2.7B+37.6%	$2.0B+7.2%	$1.9B+37.4%	$1.4B-29.9%	$1.9B+0.6%	$1.9B+36.2%	$1.4B+7.1%	$1.3B+21.8%	$1.1B+1.3%	$1.1B-6.3%	$1.1B+10.6%	$1.0B+19.8%	$859.5M
EPS (Basic)	N/A	$17.10+16.2%	$14.71-7.2%	$15.85+36.8%	$11.59-16.1%	$13.81+38.9%	$9.94-27.8%	$13.76+7.9%	$12.75+46.2%	$8.72+11.8%	$7.80+8.0%	$7.22-3.3%	$7.47-9.6%	$8.26+9.1%	$7.57+18.8%	$6.37
EPS (Diluted)	$18.93	$17.00+16.1%	$14.64-7.3%	$15.79+36.9%	$11.53-16.4%	$13.80+38.8%	$9.94-27.7%	$13.75+7.9%	$12.74+46.4%	$8.70+11.8%	$7.78+8.4%	$7.18-3.2%	$7.42-9.5%	$8.20+8.8%	$7.54+18.7%	$6.35
Diluted Shares (Avg)	N/A	159M-5.1%	167M+0.2%	167M+1.8%	164M+27.3%	129M+0.1%	129M-4.3%	134M-6.7%	144M-5.5%	153M-3.0%	157M+14.4%	138M+4.3%	132M+1.7%	130M+2.5%	126M+2.7%	123M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.5B+5.7%	$2.4B+5.9%	$2.5B+3.8%	$2.5B+7.8%	$2.4B+4.1%	$2.3B+2.0%	$2.4B+3.7%	$2.3B-0.1%
SG&A Expenses	$826.0M+1.6%	$914.0M+3.0%	$809.0M+2.4%	$833.0M+7.5%	$813.0M+6.4%	$887.0M+6.5%	$790.0M+9.1%	$775.0M+6.6%
Interest Expense	$828.0M-7.6%	$784.0M-9.4%	$858.0M-12.4%	$919.0M-13.2%	$896.0M-16.3%	$865.0M-18.8%	$979.0M-3.7%	$1.1B+22.3%
Income Tax	$245.0M+11.9%	$199.0M+12.4%	$212.0M+5.5%	$233.0M+23.9%	$219.0M+9.5%	$177.0M+33.1%	$201.0M+38.6%	$188.0M-13.4%
Net Income	$818.0M+14.2%	$664.0M+13.7%	$759.0M+11.5%	$792.0M+9.8%	$716.0M+9.3%	$584.0M+10.0%	$681.0M+41.3%	$721.0M+4.5%
EPS (Basic)	$5.35+25.6%	$4.16+24.9%	$4.69+20.9%	$4.85+20.0%	$4.26+13.6%	$3.33+9.5%	$3.88+40.6%	$4.04+1.0%
EPS (Diluted)	$5.32+25.5%	$4.13+24.4%	$4.66+20.7%	$4.82+19.9%	$4.24+13.7%	$3.32+9.9%	$3.86+40.9%	$4.02+1.0%
Diluted Shares (Avg)	147M-8.3%	150M-9.1%	N/A	157M-6.6%	160M-4.6%	165M-1.2%	N/A	168M+0.6%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.

MTB Balance Sheet

MTB quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$213.5B+2.6%	$208.1B-0.1%	$208.3B+3.8%	$200.7B+29.4%	$155.1B+8.8%	$142.6B+19.0%	$119.9B-0.2%	$120.1B+1.3%	$118.6B-3.9%	$123.4B+0.5%	$122.8B+27.0%	$96.7B+13.5%	$85.2B+2.6%	$83.0B+6.5%	$77.9B
Cash & Equivalents	$18.8B-9.7%	$20.8B-30.3%	$29.8B+12.5%	$26.5B+1879.0%	$1.3B-13.8%	$1.6B+8.1%	$1.4B-10.5%	$1.6B+13.0%	$1.4B+7.6%	$1.3B-3.5%	$1.4B-0.4%	$1.4B-17.9%	$1.7B-15.8%	$2.0B+36.8%	$1.5B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$8.5B0.0%	$8.5B0.0%	$8.5B-0.3%	$8.5B+84.8%	$4.6B0.0%	$4.6B0.0%	$4.6B0.0%	$4.6B0.0%	$4.6B0.0%	$4.6B0.0%	$4.6B+30.3%	$3.5B0.0%	$3.5B0.0%	$3.5B0.0%	$3.5B
Total Liabilities	$184.3B+2.9%	$179.1B-1.2%	$181.3B+3.4%	$175.4B+27.8%	$137.2B+8.5%	$126.4B+21.4%	$104.2B-0.5%	$104.6B+2.2%	$102.3B-4.3%	$107.0B+0.3%	$106.6B+26.4%	$84.3B+14.2%	$73.9B+1.4%	$72.8B+6.0%	$68.7B
Long-Term Debt	$10.9B-13.4%	$12.6B+53.7%	$8.2B+106.8%	$4.0B+13.8%	$3.5B-20.5%	$4.4B-37.3%	$7.0B-17.3%	$8.4B+3.7%	$8.1B-14.2%	$9.5B-10.9%	$10.7B+18.3%	$9.0B+76.3%	$5.1B+10.9%	$4.6B-31.1%	$6.7B
Total Equity	$29.2B+0.5%	$29.0B+7.7%	$27.0B+6.5%	$25.3B+41.4%	$17.9B+10.6%	$16.2B+3.0%	$15.7B+1.7%	$15.5B-4.9%	$16.3B-1.4%	$16.5B+1.9%	$16.2B+31.1%	$12.3B+9.1%	$11.3B+10.8%	$10.2B+10.0%	$9.3B
Retained Earnings	$20.9B+9.5%	$19.1B+8.9%	$17.5B+11.2%	$15.8B+7.6%	$14.6B+8.9%	$13.4B+4.9%	$12.8B+11.3%	$11.5B+13.3%	$10.2B+10.2%	$9.2B+9.4%	$8.4B+8.0%	$7.8B+8.6%	$7.2B+11.0%	$6.5B+10.4%	$5.9B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$219.3B+3.6%	$214.7B+2.1%	$213.5B+2.6%	$211.3B-0.2%	$211.6B+1.3%	$210.3B-2.2%	$208.1B-0.1%	$211.8B+1.3%
Cash & Equivalents	$17.4B-18.6%	$16.3B-28.2%	$18.8B-9.7%	$1.9B-12.0%	$21.4B+1105.0%	$22.8B+1243.1%	$20.8B-30.3%	$2.2B+25.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%	$8.5B0.0%
Total Liabilities	$191.3B+4.5%	$186.8B+3.0%	$184.3B+2.9%	$182.5B-0.2%	$183.1B+1.5%	$181.3B-3.5%	$179.1B-1.2%	$182.9B0.0%
Long-Term Debt	$13.6B+9.6%	$11.2B+6.5%	$10.9B-13.4%	$12.9B+11.6%	$12.4B+9.4%	$10.5B-8.3%	$12.6B+53.7%	$11.6B+62.6%
Total Equity	$27.9B-2.0%	$28.0B-3.5%	$29.2B+0.5%	$28.7B-0.5%	$28.5B+0.4%	$29.0B+6.7%	$29.0B+7.7%	$28.9B+10.2%
Retained Earnings	$22.0B+10.9%	$21.5B+10.7%	$20.9B+9.5%	$20.4B+9.3%	$19.9B+9.1%	$19.4B+8.9%	$19.1B+8.9%	$18.7B+8.0%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Non-Current Liabilities.

MTB Cash Flow Statement

MTB quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$3.8B	$3.0B-16.8%	$3.6B-7.6%	$3.9B-14.6%	$4.6B+68.5%	$2.7B+244.0%	$789.2M-66.5%	$2.4B+12.8%	$2.1B-24.9%	$2.8B+135.1%	$1.2B-32.1%	$1.7B+58.5%	$1.1B+17.9%	$932.3M+86.5%	$500.0M-71.8%	$1.8B
Depreciation & Amortization	N/A	$323.0M+2.2%	$316.0M+3.9%	$304.0M+7.8%	$282.0M	N/A	N/A	N/A	$104.9M-4.3%	$109.6M+2.4%	$107.0M+8.1%	$99.0M+2.6%	$96.5M+5.5%	$91.5M	N/A	N/A
Stock-Based Compensation	N/A	$136.0M+17.2%	$116.0M-1.7%	$118.0M+6.3%	$111.0M+30.6%	$85.0M+6.3%	$80.0M+5.3%	$76.0M+15.2%	$66.0M+8.2%	$61.0M-6.2%	$65.0M-3.0%	$67.0M+3.1%	$65.0M+18.2%	$55.0M-3.5%	$57.0M+1.8%	$56.0M
Capital Expenditures	N/A	N/A	N/A	$256.0M+19.6%	$214.0M+43.6%	$149.0M-13.4%	$172.0M-3.4%	$178.0M+81.6%	$98.0M+24.1%	$79.0M-26.9%	$108.0M+31.7%	$82.0M+12.3%	$73.0M-43.8%	$130.0M+41.3%	$92.0M+31.4%	$70.0M
Free Cash Flow	N/A	N/A	N/A	$3.6B-16.3%	$4.4B+69.9%	$2.6B+315.8%	$617.2M-71.7%	$2.2B+9.4%	$2.0B-26.3%	$2.7B+151.3%	$1.1B-35.2%	$1.7B+61.8%	$1.0B+27.9%	$802.3M+96.7%	$408.0M-76.0%	$1.7B
Investing Cash Flow	-$12.4B	-$6.8B+30.1%	-$9.7B-104.6%	-$4.8B-128.7%	$16.6B+221.7%	-$13.6B+38.1%	-$22.0B-3128.9%	$727.0M+151.6%	-$1.4B-141.5%	$3.4B+571.0%	-$720.8M	N/A	N/A	-$2.2B+45.7%	-$4.1B-1200.7%	$368.9M
Financing Cash Flow	$4.6B	$1.8B+162.5%	-$2.9B-168.9%	$4.2B+119.9%	-$21.0B-296.1%	$10.7B-49.9%	$21.3B+756.1%	-$3.3B-557.0%	-$495.3M+91.8%	-$6.1B-1091.2%	-$510.1M	N/A	N/A	$957.6M-76.6%	$4.1B+352.4%	-$1.6B
Dividends Paid	$906.0M	$899.0M+0.4%	$895.0M+3.1%	$868.0M+10.7%	$784.0M+35.2%	$580.0M+2.1%	$568.1M+2.9%	$552.1M+8.2%	$510.4M+11.6%	$457.4M+3.5%	$441.9M+17.8%	$375.0M+1.0%	$371.2M+1.6%	$365.3M+2.1%	$357.7M+2.2%	$350.1M
Share Buybacks	$2.6B	$2.6B+564.4%	$396.0M-33.3%	$594.0M-67.0%	$1.8B	N/A	$373.8M-72.3%	$1.3B-38.5%	$2.2B+82.0%	$1.2B+88.0%	$641.3M	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.3B+50.2%	$1.0B+59.4%	$523.0M-68.8%	$1.0B+3675.0%	$844.0M-37.7%	$635.0M+4.4%	$1.7B+109.5%	-$28.0M-102.0%
Depreciation & Amortization	$77.0M-4.9%	$79.0M-4.8%	$80.0M-1.2%	$79.0M+3.9%	$81.0M+2.5%	$83.0M+3.8%	$81.0M+5.2%	$76.0M-2.6%
Investing Cash Flow	-$3.8B-73.0%	-$4.3B-1139.0%	-$3.8B+44.5%	-$423.0M+69.5%	-$2.2B-139.3%	-$349.0M+95.1%	-$6.9B-282.0%	-$1.4B+27.3%
Financing Cash Flow	$3.6B+12928.6%	$891.0M-47.5%	$1.3B+129.3%	-$1.2B-163.7%	$28.0M+100.4%	$1.7B-73.6%	-$4.3B-181.1%	$1.9B+353.9%
Dividends Paid	$218.0M+2.3%	$227.0M+0.9%	$228.0M+1.8%	$233.0M+3.6%	$213.0M-5.3%	$225.0M+1.8%	$224.0M+3.7%	$225.0M+4.2%
Share Buybacks	$460.0M-57.0%	$1.2B+88.7%	$502.0M+153.5%	$404.0M+104.0%	$1.1B	$656.0M	$198.0M	$198.0M

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

MTB Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MTB quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	29.4%+1.5pp	27.9%-0.5pp	28.4%+4.1pp	24.4%-6.7pp	31.0%+8.3pp	22.7%-8.4pp	31.2%-1.2pp	32.4%+7.4pp	25.0%+0.2pp	24.8%+1.7pp	23.1%-0.8pp	23.9%-1.2pp	25.1%+1.0pp	24.1%+2.5pp	21.6%
Return on Equity	9.8%+0.8pp	8.9%-1.2pp	10.2%+2.3pp	7.9%-2.5pp	10.4%+2.0pp	8.4%-3.9pp	12.3%-0.1pp	12.4%+3.7pp	8.7%+0.7pp	8.0%+1.3pp	6.7%-2.0pp	8.6%-1.4pp	10.1%0.0pp	10.1%+0.8pp	9.3%
Return on Assets	1.3%+0.1pp	1.2%-0.1pp	1.3%+0.3pp	1.0%-0.2pp	1.2%+0.3pp	0.9%-0.7pp	1.6%0.0pp	1.6%+0.4pp	1.2%+0.1pp	1.1%+0.2pp	0.9%-0.2pp	1.1%-0.2pp	1.3%+0.1pp	1.2%+0.1pp	1.1%
Debt-to-Equity	0.37-0.1x	0.43+0.1x	0.30+0.1x	0.160.0x	0.19-0.1x	0.27-0.2x	0.44-0.1x	0.550.0x	0.50-0.1x	0.58-0.1x	0.66-0.1x	0.73+0.3x	0.450.0x	0.45-0.3x	0.72
Asset Turnover	0.050.0x	0.040.0x	0.050.0x	0.040.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.040.0x	0.040.0x	0.050.0x	0.050.0x	0.050.0x	0.05
FCF Margin	N/A	N/A	37.8%-15.5pp	53.3%+10.5pp	42.8%+32.5pp	10.4%-24.8pp	35.2%+1.6pp	33.6%-14.4pp	48.0%+27.7pp	20.3%-15.3pp	35.6%+12.5pp	23.0%+5.3pp	17.7%+8.1pp	9.6%-33.3pp	42.9%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	32.3%+2.4pp	27.2%+1.9pp	30.7%+2.1pp	31.5%+0.6pp	29.9%+1.4pp	25.3%+1.8pp	28.5%+7.6pp	30.9%+1.4pp
Return on Equity	2.9%+0.4pp	2.4%+0.4pp	2.6%+0.2pp	2.8%+0.3pp	2.5%+0.2pp	2.0%+0.1pp	2.4%+0.6pp	2.5%-0.1pp
Return on Assets	0.4%0.0pp	0.3%0.0pp	0.4%0.0pp	0.4%0.0pp	0.3%0.0pp	0.3%0.0pp	0.3%+0.1pp	0.3%0.0pp
Debt-to-Equity	0.49+0.1x	0.400.0x	0.37-0.1x	0.450.0x	0.430.0x	0.36-0.1x	0.43+0.1x	0.40+0.1x
Asset Turnover	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x	0.010.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
M&T Bank US MTB	FY2025	$9.7B	$2.9B	29.4%	$34.4B	53/100
Fifth Third Bancorp FITB	FY2025	$9.0B	$2.5B	28.0%	$49.4B	52/100
KB Finanical Group KB	FY2025	N/A	$4.0B	N/A	$45.5B	—
Huntington Bancshares Inc HBAN	FY2025	$8.2B	$2.2B	27.1%	$33.9B	44/100
First Ctzns Bancshares Inc N C FCNCA	FY2025	$9.5B	$2.2B	23.1%	$24.3B	42/100
Regions Financl RF	FY2025	$7.5B	$2.2B	28.6%	$25.6B	56/100

Where M&T Bank US Ranks

Frequently Asked Questions

What is M&T Bank US's annual revenue?

M&T Bank US (MTB) reported $9.7B in total revenue for fiscal year 2025. This represents a 4.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is M&T Bank US's revenue growing?

M&T Bank US (MTB) revenue grew by 4.4% year-over-year, from $9.3B to $9.7B in fiscal year 2025.

Is M&T Bank US profitable?

Yes, M&T Bank US (MTB) reported a net income of $2.9B in fiscal year 2025, with a net profit margin of 29.4%.

How much debt does M&T Bank US have?

As of fiscal year 2025, M&T Bank US (MTB) had $18.8B in cash and equivalents against $10.9B in long-term debt.

What is M&T Bank US's net profit margin?

M&T Bank US (MTB) had a net profit margin of 29.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does M&T Bank US pay dividends?

Yes, M&T Bank US (MTB) paid $5.70 per share in dividends during fiscal year 2025.

What is M&T Bank US's return on equity (ROE)?

M&T Bank US (MTB) has a return on equity of 9.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is M&T Bank US's operating cash flow?

M&T Bank US (MTB) generated $3.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are M&T Bank US's total assets?

M&T Bank US (MTB) had $213.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Does M&T Bank US buy back shares?

Yes, M&T Bank US (MTB) spent $2.6B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does M&T Bank US have outstanding?

M&T Bank US (MTB) had 149M shares outstanding as of fiscal year 2025.

What is M&T Bank US's debt-to-equity ratio?

M&T Bank US (MTB) had a debt-to-equity ratio of 0.37 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is M&T Bank US's return on assets (ROA)?

M&T Bank US (MTB) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is M&T Bank US's P/E ratio?

M&T Bank US (MTB) trades at 11.3x earnings, its market capitalization divided by net income of $3.0B net income, trailing 12 months to June 30, 2026. The market capitalization is $34.4B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is M&T Bank US's price-to-sales ratio?

M&T Bank US (MTB) trades at 3.5x sales, its market capitalization divided by revenue of $10.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $34.4B as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is M&T Bank US's Piotroski F-Score?

M&T Bank US (MTB) has a Piotroski F-Score of 7 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are M&T Bank US's earnings high quality?

M&T Bank US (MTB) has an earnings quality ratio of 1.05x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is M&T Bank US?

M&T Bank US (MTB) scores 53 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.