MTB Q2 2018 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q2 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B+6.4% YoY

Gross Profit

$1.4B90.2% margin

Operating Income

$655M41.3% margin

Net Income

$493M31.1% margin

EPS (Diluted)

$3.26

QoQ Revenue Growth

+3.0%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$118.4B

Total Liabilities

$102.8B

Stockholders' Equity

$15.6B

Cash & Equivalents

$8.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+6.4%
Gross Profit	$1.4B	$1.3B	+6.2%
Operating Income	$655M	$596M	+9.8%
Net Income	$493M	$381M	+29.4%

Revenue Segments

Mortgage Banking

$92M100%