MTB Q3 2017 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q3 2017 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.5B+3.8% YoY

Gross Profit

$1.4B91.4% margin

Operating Income

$581M38.3% margin

Net Income

$356M23.5% margin

EPS (Diluted)

$2.21

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$443M

Free Cash Flow

$430M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$120.4B

Total Liabilities

$104.1B

Stockholders' Equity

$16.3B

Cash & Equivalents

$7.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.5B	$1.5B	+3.8%
Gross Profit	$1.4B	$1.3B	+6.4%
Operating Income	$581M	$550M	+5.5%
Net Income	$356M	$350M	+1.7%

Revenue Segments

Retail Banking

$393M34%

Commercial Banking

$268M23%

Commercial Real Estate Segment

$212M18%

Business Banking

$131M11%

Residential Mortgage Banking

$90M8%

Discretionary Portfolio

$66M6%