MTB Q4 2024 Earnings — M&T Bank Corporation Revenue & Financial Results | Market Cap Arena

MTBM&T Bank Corporation

$32B

Q4 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$3.3B+1.3% YoY

Gross Profit

$2.2B66.5% margin

Operating Income

$882M26.4% margin

Net Income

$681M20.4% margin

EPS (Diluted)

$3.86

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.6B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$208.1B

Total Liabilities

$179.1B

Stockholders' Equity

$29.0B

Cash & Equivalents

$20.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.3B	+1.3%
Gross Profit	$2.2B	$2.1B	+8.1%
Operating Income	$882M	$626M	+41.0%
Net Income	$681M	$482M	+41.2%

Revenue Segments

Retail Banking

$229M63%

Commercial Banking

$135M37%