MTB Q1 2022 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q1 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B-3.5% YoY

Gross Profit

$1.4B97.7% margin

Operating Income

$475M32.4% margin

Net Income

$362M24.7% margin

EPS (Diluted)

$2.62

QoQ Revenue Growth

-4.4%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.3B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$149.9B

Total Liabilities

$132.0B

Stockholders' Equity

$17.9B

Cash & Equivalents

$37.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.5B	-3.5%
Gross Profit	$1.4B	$1.5B	-5.1%
Operating Income	$475M	$593M	-19.8%
Net Income	$362M	$447M	-19.0%

Revenue Segments

Mortgage Banking

$109M100%