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

M&T Bank Corp. (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 (MTB) Financials

MTB NYSE

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 $32.0B as of Oct 23, 2026

Price / Sales 3.2x on $10.0B revenue, trailing 12 months to June 30, 2026

Price / Earnings 10.6x on $3.0B net income, trailing 12 months to June 30, 2026

Price / Book 1.1x 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 Oct 23, 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 Corp. (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 2026-10-25

M&T operates with bank-style leverage: a large liability-funded asset base, modest asset returns, and weakening cash conversion despite profit growth.

The FY2025 rebound in net income did not translate into cash generation: net income rose 10.2% while operating cash flow fell 16.8%, bringing cash flow to 105.3% of earnings versus 139.5% in FY2024. That widening gap suggests reported profit was less fully reflected in cash during the latest year, even though it still broadly converted.

This is not an asset-light business: liabilities were 86.3% of assets in FY2025, while return on assets was 1.3%; the combination means modest asset returns can still produce substantial earnings only across a very large balance sheet.

From FY2023 to FY2025, assets grew 2.5% while net income rose 4.0%, pointing to improved earnings yield on a largely stable balance sheet rather than growth driven by expanding assets. In FY2025, share buybacks reached $2.6B versus $899M of dividends, so shareholder distributions were weighted toward repurchases.

Financial Health Signals

Financial Health Score (5 of 6 dimensions) 63/100

Scored as: Banks peer group

Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. 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 Corp.'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 Corp. 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 Corp. scores 79/100 among other banks.

Growth

M&T Bank Corp. 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 Corp. scores 18/100 among other banks.

Capital

M&T Bank Corp. 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 Corp. scores 74/100 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 Corp. scores 76/100 on it among other banks.

Credit Quality

n/a

Not available for M&T Bank Corp., so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.

Stability

M&T Bank Corp. 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 Corp. scores 68/100 among other banks.

Piotroski F-Score Partial

7/7

M&T Bank Corp. 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, the one computable operating efficiency signal (asset turnover improving) passes.

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 Corp. 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 Corp. 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 Corp. 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 Corp. 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 Corp. 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 Corp. 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 change+0.9pp

10Y change+6.7pp

M&T Bank Corp.'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 change+0.2pp

10Y change+0.9pp

M&T Bank Corp.'s quarterly ROE was 2.9% in Q2 2026: one quarter's net income over shareholder equity, not annualized. 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 Corp. 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
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-K	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%
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, SG&A 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
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-K	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%
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, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, 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	-$6.8Bn/m	-$9.7Bn/m	-$4.8B-128.7%	$16.6Bn/m	-$13.6Bn/m	-$22.0B-3128.9%	$727.0Mn/m	-$1.4B-141.5%	$3.4Bn/m	-$720.8M	N/A	N/A	-$2.2Bn/m	-$4.1B-1200.7%	$368.9M
Financing Cash Flow	$4.6B	$1.8Bn/m	-$2.9B-168.9%	$4.2Bn/m	-$21.0B-296.1%	$10.7B-49.9%	$21.3Bn/m	-$3.3Bn/m	-$495.3Mn/m	-$6.1Bn/m	-$510.1M	N/A	N/A	$957.6M-76.6%	$4.1Bn/m	-$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-K	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%	$1.0Bn/m	$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	-$3.8Bn/m	-$4.3Bn/m	-$3.8Bn/m	-$423.0Mn/m	-$2.2B-139.3%	-$349.0Mn/m	-$6.9B-282.0%	-$1.4Bn/m
Financing Cash Flow	$3.6B+12928.6%	$891.0M-47.5%	$1.3Bn/m	-$1.2B-163.7%	$28.0Mn/m	$1.7B-73.6%	-$4.3Bn/m	$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%	$1.1Bn/m	$656.0Mn/m	$198.0Mn/m	$198.0Mn/m

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
Liabilities-to-Equity	6.32+0.1x	6.17-0.6x	6.73-0.2x	6.93-0.7x	7.66-0.1x	7.81+1.2x	6.63-0.1x	6.77+0.5x	6.30-0.2x	6.49-0.1x	6.59-0.2x	6.84+0.3x	6.53-0.6x	7.14-0.3x	7.41
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-K	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
Liabilities-to-Equity	6.85+0.4x	6.68+0.4x	6.32+0.1x	6.350.0x	6.42+0.1x	6.25-0.7x	6.17-0.6x	6.33-0.6x
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 Corp. MTB	FY2025	$9.7B	$2.9B	29.4%	$32.0B	63/100
Fifth Third Bancorp FITB	FY2025	$9.0B	$2.5B	28.0%	$48.0B	52/100
KB Financial Group Inc KB	FY2025	N/A	$4.0B	N/A	$40.3B	—
Huntington Bancshares Inc HBAN	FY2025	$8.2B	$2.2B	27.1%	$31.8B	53/100
First Citizens BancShares Inc FCNCA	FY2025	$9.5B	$2.2B	23.1%	$26.4B	42/100
Regions Financial Corp. RF	FY2025	$7.5B	$2.2B	28.6%	$24.3B	56/100

Where M&T Bank Corp. Ranks

Frequently Asked Questions

What is M&T Bank Corp.'s annual revenue?

M&T Bank Corp. (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 Corp.'s revenue growing?

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

Is M&T Bank Corp. profitable?

Yes, M&T Bank Corp. (MTB) reported a net income of $3.0B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $2.9B, with a net profit margin of 29.4%.

How much debt does M&T Bank Corp. have?

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

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

M&T Bank Corp. (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 Corp. pay dividends?

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

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

M&T Bank Corp. (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 Corp.'s operating cash flow?

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

What are M&T Bank Corp.'s total assets?

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

Does M&T Bank Corp. buy back shares?

Yes, M&T Bank Corp. (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 Corp. have outstanding?

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

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

M&T Bank Corp. (MTB) had a debt-to-equity ratio of 0.37 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is M&T Bank Corp.'s liabilities-to-equity ratio?

M&T Bank Corp. (MTB) had a liabilities-to-equity ratio of 6.32 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

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

M&T Bank Corp. (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 Corp.'s P/E ratio?

M&T Bank Corp. (MTB) trades at 10.6x earnings, its market capitalization divided by $3.0B net income, trailing 12 months to June 30, 2026. The market capitalization is $32.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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

M&T Bank Corp. (MTB) trades at 3.2x sales, its market capitalization divided by $10.0B revenue, trailing 12 months to June 30, 2026. The market capitalization is $32.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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

M&T Bank Corp. (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.

How financially healthy is M&T Bank Corp.?

M&T Bank Corp. (MTB) scores 63 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is the average 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. For M&T Bank Corp. it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. 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.