- US-listed companies
- M&T BANK CORP
M&T BANK CORPMTB
Market cap
$28.9B
P/E ratio
Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | |
Loans and leases, including fees | 2,394 | 2,523 | 2,704 | 2,735 | 2,597 | 2,778 | 3,485 | 3,743 | 4,165 | 4,442 | 3,975 | 3,749 | 5,237 |
Fully taxable | 325 | 256 | 227 | 209 | 340 | 372 | 361 | 361 | 324 | 289 | 176 | 141 | 448 |
Exempt from federal taxes | 10 | 9 | 8 | 7 | 5 | 4 | 3 | 1 | 1 | 0 | 0 | 0 | 51 |
Deposits at banks | 0 | 3 | 1 | 5 | 13 | 15 | 46 | 61 | 108 | 141 | 33 | 47 | 509 |
Other | - | - | - | - | - | 1 | 1 | 1 | 1 | 7 | 8 | 1 | 2 |
Total interest income | 2,730 | 2,792 | 2,942 | 2,957 | 2,957 | 3,171 | 3,896 | 4,168 | 4,599 | 4,880 | 4,193 | 3,939 | 6,247 |
Savings and interest-checking deposits | - | - | - | - | - | - | 88 | 133 | 215 | 368 | 147 | 33 | 271 |
Time deposits | 100 | 71 | 46 | 26 | 16 | 27 | 103 | 62 | 51 | 95 | 66 | 19 | 24 |
Deposits at Cayman Islands office | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 22 | 4 | 0 | - |
Short-term borrowings | 3 | 1 | 1 | 0 | 0 | 2 | 4 | 2 | 5 | 25 | 0 | 0 | 19 |
Long-term borrowings | 272 | 244 | 225 | 200 | 217 | 253 | 231 | 189 | 249 | 239 | 109 | 62 | 111 |
Total interest expense | 462 | 402 | 343 | 284 | 280 | 328 | 426 | 387 | 526 | 749 | 326 | 114 | 425 |
Net interest income | 2,268 | 2,390 | 2,599 | 2,673 | 2,676 | 2,843 | 3,470 | 3,781 | 4,072 | 4,130 | 3,866 | 3,825 | 5,822 |
Provision for credit losses | 368 | 270 | 204 | 185 | 124 | 170 | 190 | 168 | 132 | 176 | 800 | -75 | 517 |
Net interest income after provision for credit losses | 1,900 | 2,120 | 2,395 | 2,488 | 2,552 | 2,673 | 3,280 | 3,613 | 3,940 | 3,954 | 3,066 | 3,900 | 5,305 |
Mortgage Banking | - | - | - | - | - | - | - | - | 360 | 458 | 567 | 571 | 357 |
Deposit Account | - | - | - | - | - | - | - | - | 429 | 433 | 371 | 402 | 447 |
Trust Income | - | - | - | - | - | - | - | - | 538 | 573 | 602 | 645 | 741 |
Brokerage services income | 50 | 56 | 59 | 66 | 67 | 65 | 63 | 61 | 51 | 49 | 47 | 63 | 88 |
Trading Gain (Loss) | 27 | 27 | 36 | 41 | 30 | 31 | 41 | 35 | 33 | 62 | 41 | 24 | 27 |
Debt and Equity Securities, Gain (Loss) | - | - | - | - | - | - | - | - | -6 | 18 | -9 | -21 | -6 |
Other revenues from operations | 355 | 497 | 374 | 454 | 400 | 477 | 426 | 441 | 451 | 469 | 471 | 483 | 704 |
Total other income | 1,108 | 1,583 | 1,667 | 1,865 | 1,779 | 1,825 | 1,826 | 1,851 | 1,856 | 2,062 | 2,088 | 2,167 | 2,357 |
Labor and Related Expense | 1,000 | 1,204 | 1,315 | 1,355 | 1,405 | 1,550 | 1,624 | 1,651 | 1,752 | 1,901 | 1,951 | 2,046 | 2,787 |
Occupancy, Net | 216 | 250 | 258 | 264 | 269 | 273 | 295 | 295 | 299 | 324 | 322 | 327 | 474 |
Outside data processing and software | - | - | - | - | - | - | 172 | 185 | 199 | 230 | 258 | 292 | 376 |
FDIC assessments | 79 | 100 | 101 | 70 | 56 | 52 | 105 | 102 | 69 | 42 | 54 | 70 | 90 |
Advertising and marketing | - | - | - | - | - | - | 87 | 69 | 86 | 93 | 62 | 64 | 91 |
Supplies and Postage Expense | 34 | 41 | 42 | 40 | 38 | 38 | 40 | 36 | 36 | 40 | 40 | 37 | 56 |
Amortization of Intangible Assets | 58 | 62 | 61 | 47 | 34 | 26 | 43 | 31 | 25 | 19 | 15 | 10 | 56 |
Other costs of operations | 528 | 822 | 733 | 860 | 941 | 884 | 682 | 771 | 824 | 820 | 684 | 767 | 1,120 |
Total other expense | 1,915 | 2,478 | 2,509 | 2,636 | 2,743 | 2,823 | 3,047 | 3,140 | 3,288 | 3,469 | 3,385 | 3,612 | 5,050 |
Income before taxes | - | - | - | - | 1,589 | 1,675 | 2,058 | 2,324 | 2,508 | 2,547 | 1,770 | 2,455 | 2,611 |
Income taxes | 357 | 365 | 523 | 579 | 523 | 595 | 743 | 916 | 590 | 618 | 416 | 596 | 619 |
Net income (loss) | 736 | 859 | 1,029 | 1,138 | 1,066 | 1,080 | 1,315 | 1,408 | 1,918 | 1,929 | 1,353 | 1,859 | 1,992 |
Basic | 676 | 782 | 953 | 1,062 | 979 | 988 | 1,223 | 1,328 | 1,836 | 1,850 | 1,279 | 1,777 | 1,891 |
Diluted | 676 | 782 | 953 | 1,062 | 979 | 988 | 1,223 | 1,328 | 1,836 | 1,850 | 1,279 | 1,777 | 1,891 |
Basic | 5.72 | 6.37 | 7.57 | 8.26 | 7.47 | 7.22 | 7.8 | 8.72 | 12.75 | 13.76 | 9.94 | 13.81 | 11.59 |
Diluted | 5.69 | 6.35 | 7.54 | 8.2 | 7.42 | 7.18 | 7.78 | 8.7 | 12.74 | 13.75 | 9.94 | 13.8 | 11.53 |