MTB Q1 2020 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q1 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B-4.5% YoY

Gross Profit

$1.3B76.1% margin

Operating Income

$350M21.2% margin

Net Income

$269M16.3% margin

EPS (Diluted)

$1.93

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

-$394M

Free Cash Flow

-$446M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$124.6B

Total Liabilities

$108.8B

Stockholders' Equity

$15.8B

Cash & Equivalents

$10.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.7B	-4.5%
Gross Profit	$1.3B	$1.5B	-17.8%
Operating Income	$350M	$634M	-44.9%
Net Income	$269M	$483M	-44.3%

Revenue Segments

Fiduciary And Trust

$149M39%

Mortgage Banking

$128M33%

Deposit Account

$106M28%