MTB Q2 2017 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q2 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B+5.1% YoY

Gross Profit

$1.3B90.3% margin

Operating Income

$596M40.0% margin

Net Income

$381M25.6% margin

EPS (Diluted)

$2.35

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$337M

Free Cash Flow

$309M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$120.9B

Total Liabilities

$104.6B

Stockholders' Equity

$16.3B

Cash & Equivalents

$6.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.4B	+5.1%
Gross Profit	$1.3B	$1.3B	+5.2%
Operating Income	$596M	$530M	+12.5%
Net Income	$381M	$336M	+13.4%

Revenue Segments

Retail Banking

$384M34%

Commercial Banking

$277M24%

Commercial Real Estate Segment

$197M17%

Business Banking

$125M11%

Residential Mortgage Banking

$89M8%

Discretionary Portfolio

$72M6%