MTB Q4 2022 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q4 2022 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$2.8B+79.1% YoY

Gross Profit

$2.2B79.1% margin

Operating Income

$1.0B36.7% margin

Net Income

$765M27.8% margin

EPS (Diluted)

$4.29

QoQ Revenue Growth

+17.5%

Cash Flow

Operating Cash Flow

$954M

Free Cash Flow

$866M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$200.7B

Total Liabilities

$175.4B

Stockholders' Equity

$25.3B

Cash & Equivalents

$26.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$1.5B	+79.1%
Gross Profit	$2.2B	$1.5B	+42.5%
Operating Income	$1.0B	$600M	+68.5%
Net Income	$765M	$458M	+67.1%

Revenue Segments

Mortgage Banking

$82M100%