MTB Q2 2019 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q2 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.8B+10.3% YoY

Gross Profit

$1.5B85.6% margin

Operating Income

$626M35.7% margin

Net Income

$473M27.0% margin

EPS (Diluted)

$3.34

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$15M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$121.6B

Total Liabilities

$105.9B

Stockholders' Equity

$15.7B

Cash & Equivalents

$10.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.6B	+10.3%
Gross Profit	$1.5B	$1.4B	+4.7%
Operating Income	$626M	$655M	-4.4%
Net Income	$473M	$493M	-4.0%

Revenue Segments

Mortgage Banking

$107M100%