MTB Q3 2018 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q3 2018 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B+7.3% YoY

Gross Profit

$1.5B90.5% margin

Operating Income

$696M42.8% margin

Net Income

$526M32.3% margin

EPS (Diluted)

$3.53

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$1.0B

Free Cash Flow

$996M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$116.8B

Total Liabilities

$101.4B

Stockholders' Equity

$15.4B

Cash & Equivalents

$7.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+7.3%
Gross Profit	$1.5B	$1.4B	+6.2%
Operating Income	$696M	$581M	+19.9%
Net Income	$526M	$356M	+47.8%

Revenue Segments

Mortgage Banking

$88M100%