MTB Q1 2018 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q1 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B+6.1% YoY

Gross Profit

$1.4B90.3% margin

Operating Income

$458M29.7% margin

Net Income

$353M22.9% margin

EPS (Diluted)

$2.23

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$484M

Free Cash Flow

$475M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$118.6B

Total Liabilities

$102.9B

Stockholders' Equity

$15.7B

Cash & Equivalents

$7.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.5B	+6.1%
Gross Profit	$1.4B	$1.3B	+6.5%
Operating Income	$458M	$518M	-11.7%
Net Income	$353M	$349M	+1.1%

Revenue Segments

Retail Banking

$393M27%

All Other Segments

$311M22%

Commercial Banking

$266M19%

Commercial Real Estate Segment

$203M14%

Business Banking

$128M9%

Residential Mortgage Banking

$82M6%

Discretionary Portfolio

$50M3%