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MTB (M&T Bank Corporation) Stock Financials & Earnings | Market Cap Arena
MTB
M&T Bank Corporation
Mkt Cap
$32B
Financial Services
·
Banks - Regional
·
🇺🇸 United States
·
NYSE
Revenue (TTM)
$12.3B
Net Income (TTM)
$2.9B
EPS (TTM)
$17.05
Free Cash Flow (TTM)
$2.9B
Gross Margin
74.6%
Op. Margin
30.0%
Net Margin
23.2%
FCF Margin
23.9%
P/S Ratio (TTM)
2.6x
P/E Ratio (TTM)
11.3x
YoY Rev Growth
-8.2%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$2.9B
$2.3B
$926M
Q2 23
$3.3B
$2.5B
$1.2B
Q3 23
$3.2B
$2.2B
$907M
Q4 23
$3.3B
$2.1B
$626M
Q1 24
$3.3B
$2.0B
$664M
Q2 24
$3.4B
$2.2B
$855M
Q3 24
$3.4B
$2.2B
$909M
Q4 24
$3.3B
$2.2B
$882M
Q1 25
$3.2B
$2.2B
$761M
Q2 25
$3.3B
$2.3B
$935M
Q3 25
$2.5B
$2.4B
$1.0B
Q4 25
$3.3B
$2.4B
$971M
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Revenue Breakdown
MTB
M&T Bank Corporation
Revenue Breakdown
Q4 2025
marketcaparena.com
Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
3.2x
13.9x
Q2 23
2.9x
10.8x
Q3 23
2.7x
10.7x
Q4 23
2.5x
11.8x
Q1 24
2.5x
12.6x
Q2 24
2.5x
13.7x
Q3 24
2.4x
13.5x
Q4 24
2.4x
12.5x
Q1 25
2.4x
12.2x
Q2 25
2.4x
12.0x
Q3 25
2.6x
11.6x
Q4 25
2.6x
11.3x
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
$428M
$373M
Q2 23
$1.3B
$1.2B
Q3 23
$1.4B
$1.4B
Q4 23
$800M
$712M
Q1 24
$608M
$573M
Q2 24
$1.4B
$1.3B
Q3 24
-$28M
-$58M
Q4 24
$1.7B
$1.6B
Q1 25
$635M
$610M
Q2 25
$844M
$818M
Q3 25
$1.0B
$1.1B
Q4 25
$523M
$467M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$55M
Q2 23
$46M
Q3 23
$67M
Q4 23
$88M
Q1 24
$35M
Q2 24
$66M
Q3 24
$30M
Q4 24
$85M
Q1 25
$25M
Q2 25
$26M
Q3 25
$51M
Q4 25
$56M
marketcaparena.com
OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+97.0%
+98.0%
Q2 23
+63.0%
+22.8%
Q3 23
+36.5%
+53.2%
Q4 23
+19.8%
+53.3%
Q1 24
+14.0%
+33.9%
Q2 24
+1.6%
+16.6%
Q3 24
+5.9%
+8.2%
Q4 24
+1.3%
-8.0%
Q1 25
-3.9%
-8.6%
Q2 25
-2.4%
-6.4%
Q3 25
-25.9%
-40.0%
Q4 25
-0.2%
-3.9%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$0
0.0%
Q2 23
$0
0.0%
Q3 23
$0
0.0%
Q4 23
$0
0.0%
Q1 24
$0
0.0%
Q2 24
$0
0.0%
Q3 24
$0
0.0%
Q4 24
$0
0.0%
Q1 25
$0
0.0%
Q2 25
$0
0.0%
Q3 25
$0
0.0%
Q4 25
$136M
4.1%
marketcaparena.com
OpEx Breakdown
G&A
S&M
Quarter
G&A
S&M
Q1 23
$838M
$31M
Q2 23
$766M
$28M
Q3 23
$756M
$23M
Q4 23
$755M
$26M
Q1 24
$864M
$20M
Q2 24
$801M
$27M
Q3 24
$800M
$27M
Q4 24
$780M
$30M
Q1 25
$910M
$22M
Q2 25
$813M
$25M
Q3 25
$600M
$63M
Q4 25
$809M
—
marketcaparena.com
War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$24.1B
$5.1B
$29.2B
Q2 23
$29.0B
$6.4B
$35.4B
Q3 23
$31.9B
$7.3B
$39.1B
Q4 23
$29.8B
$10.4B
$40.2B
Q1 24
$33.8B
$8.1B
$41.9B
Q2 24
$26.6B
$9.7B
$36.3B
Q3 24
$26.6B
$12.6B
$39.3B
Q4 24
$20.8B
$14.4B
$35.2B
Q1 25
$22.8B
$16.0B
$38.8B
Q2 25
$21.4B
$35.6B
$57.0B
Q3 25
$18.7B
$19.3B
$38.0B
Q4 25
$18.8B
$36.6B
$55.4B
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Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
168M
-2.2%
Q2 23
166M
-1.2%
Q3 23
167M
+0.2%
Q4 23
167M
+0.1%
Q1 24
167M
+0.2%
Q2 24
168M
+0.3%
Q3 24
168M
-0.1%
Q4 24
167M
-0.4%
Q1 25
165M
-1.2%
Q2 25
160M
-3.1%
Q3 25
157M
-2.2%
Q4 25
157M
+0.0%
marketcaparena.com
Revenue Per Employee
Revenue / Employee
Year
Revenue/Employee
Employees
FY 14
$324K
15K
FY 15
$306K
16K
FY 16
$358K
16K
FY 17
$378K
16K
FY 18
$393K
16K
FY 19
$408K
17K
FY 20
$362K
17K
FY 21
$346K
18K
FY 22
$370K
23K
FY 23
$563K
22K
FY 24
$613K
22K
FY 25
$564K
22K
marketcaparena.com