MTB Q3 2021 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$31B

Q3 2021 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B+2.7% YoY

Gross Profit

$1.6B99.6% margin

Operating Income

$657M42.1% margin

Net Income

$495M31.7% margin

EPS (Diluted)

$3.69

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$486M

Free Cash Flow

$444M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$151.9B

Total Liabilities

$134.4B

Stockholders' Equity

$17.5B

Cash & Equivalents

$39.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+2.7%
Gross Profit	$1.6B	$1.3B	+18.5%
Operating Income	$657M	$487M	+34.9%
Net Income	$495M	$372M	+33.1%

Revenue Segments

Mortgage Banking

$160M100%