MTB FY 2023 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

FY 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$12.5B+48.2% YoY

Gross Profit

$8.8B70.0% margin

Operating Income

$3.6B28.9% margin

Net Income

$2.7B21.9% margin

EPS (Diluted)

$15.79

Cash Flow

Operating Cash Flow

$3.9B

Free Cash Flow

$3.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$208.3B

Total Liabilities

$181.3B

Stockholders' Equity

$27.0B

Cash & Equivalents

$29.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$12.5B	$8.4B	+48.2%
Gross Profit	$8.8B	$7.5B	+16.8%
Operating Income	$3.6B	$2.6B	+38.6%
Net Income	$2.7B	$2.0B	+37.6%