MTB Q1 2021 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q1 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B-7.7% YoY

Gross Profit

$1.5B99.3% margin

Operating Income

$593M38.9% margin

Net Income

$447M29.4% margin

EPS (Diluted)

$3.33

QoQ Revenue Growth

-4.2%

Cash Flow

Operating Cash Flow

$995M

Free Cash Flow

$964M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$150.5B

Total Liabilities

$134.0B

Stockholders' Equity

$16.4B

Cash & Equivalents

$32.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.6B	-7.7%
Gross Profit	$1.5B	$1.3B	+20.4%
Operating Income	$593M	$350M	+69.4%
Net Income	$447M	$269M	+66.4%

Revenue Segments

Mortgage Banking

$139M100%