MTB Q2 2020 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q2 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B-13.2% YoY

Gross Profit

$1.1B73.7% margin

Operating Income

$312M20.6% margin

Net Income

$241M15.9% margin

EPS (Diluted)

$1.74

QoQ Revenue Growth

-7.9%

Cash Flow

Operating Cash Flow

$526M

Free Cash Flow

$483M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$139.5B

Total Liabilities

$123.6B

Stockholders' Equity

$15.9B

Cash & Equivalents

$22.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.8B	-13.2%
Gross Profit	$1.1B	$1.5B	-25.3%
Operating Income	$312M	$626M	-50.1%
Net Income	$241M	$473M	-49.1%

Revenue Segments

Mortgage Banking

$145M100%