MTB Q3 2019 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q3 2019 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.8B+8.0% YoY

Gross Profit

$1.5B86.1% margin

Operating Income

$635M36.1% margin

Net Income

$480M27.3% margin

EPS (Diluted)

$3.47

QoQ Revenue Growth

+0.4%

Cash Flow

Operating Cash Flow

$747M

Free Cash Flow

$710M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$125.5B

Total Liabilities

$109.7B

Stockholders' Equity

$15.8B

Cash & Equivalents

$14.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.6B	+8.0%
Gross Profit	$1.5B	$1.5B	+2.7%
Operating Income	$635M	$696M	-8.8%
Net Income	$480M	$526M	-8.7%

Revenue Segments

Mortgage Banking

$137M100%