MTB Q2 2022 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q2 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$2.0B+37.2% YoY

Gross Profit

$1.9B94.4% margin

Operating Income

$278M13.6% margin

Net Income

$218M10.7% margin

EPS (Diluted)

$1.08

QoQ Revenue Growth

+38.6%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$204.0B

Total Liabilities

$178.2B

Stockholders' Equity

$25.8B

Cash & Equivalents

$35.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.5B	+37.2%
Gross Profit	$1.9B	$1.5B	+30.7%
Operating Income	$278M	$606M	-54.2%
Net Income	$218M	$458M	-52.5%

Revenue Segments

Mortgage Banking

$83M100%