MTB Q2 2021 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q2 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B-2.3% YoY

Gross Profit

$1.5B99.1% margin

Operating Income

$606M40.8% margin

Net Income

$458M30.9% margin

EPS (Diluted)

$3.41

QoQ Revenue Growth

-2.5%

Cash Flow

Operating Cash Flow

$537M

Free Cash Flow

$524M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$150.6B

Total Liabilities

$133.9B

Stockholders' Equity

$16.7B

Cash & Equivalents

$35.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.5B	-2.3%
Gross Profit	$1.5B	$1.1B	+31.4%
Operating Income	$606M	$312M	+93.9%
Net Income	$458M	$241M	+90.0%

Revenue Segments

Mortgage Banking

$133M100%