MTB Q4 2020 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q4 2020 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$1.6B-6.8% YoY

Gross Profit

$1.5B92.2% margin

Operating Income

$621M39.0% margin

Net Income

$471M29.6% margin

EPS (Diluted)

$3.52

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$664M

Free Cash Flow

$617M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$142.6B

Total Liabilities

$126.4B

Stockholders' Equity

$16.2B

Cash & Equivalents

$25.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.7B	-6.8%
Gross Profit	$1.5B	$1.5B	-0.7%
Operating Income	$621M	$652M	-4.9%
Net Income	$471M	$493M	-4.4%

Revenue Segments

Mortgage Banking

$140M100%