M&T BANK CORPMTB

Market cap

$29.5B

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	Dec 31, 2023	Dec 31, 2024
Loans and leases	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	8,021	8,477
Fully taxable	325	256	227	209	340	372	361	361	324	289	176	141	448	773	1,030
Exempt from federal taxes	10	9	8	7	5	4	3	1	1	0	0	0	51	66	64
Deposits at banks	0	3	1	5	13	15	46	61	108	141	33	47	509	1,360	1,452
Other	-	-	-	-	-	1	1	1	1	7	8	1	2	4	3
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	10,224	11,026
Savings and interest-checking deposits	-	-	-	-	-	-	88	133	215	368	147	33	271	1,746	2,514
Time deposits	100	71	46	26	16	27	103	62	51	95	66	19	24	671	781
Short-term borrowings	3	1	1	0	0	2	4	2	5	25	0	0	19	292	242
Long-term borrowings	272	244	225	200	217	253	231	189	249	239	109	62	111	400	637
Total interest expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,174
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	7,115	6,852
Provision for credit losses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	610
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	6,470	6,242
Mortgage banking revenues	-	-	-	-	-	-	-	-	-	-	-	-	-	-	436
Service charges on deposit accounts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	514
Trust income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	675
Brokerage services income	50	56	59	66	67	65	63	61	51	49	47	63	88	102	121
Trading Gain (Loss)	27	27	36	41	30	31	41	35	33	62	41	24	27	49	39
Debt and Equity Securities, Gain (Loss)	-	-	-	-	-	-	-	-	-6	18	-9	-21	-6	4	10
Other revenues from operations	355	497	374	454	400	477	426	441	451	469	471	483	704	809	632
Noninterest 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	2,528	2,427
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	2,997	3,162
Occupancy, Net	216	250	258	264	269	273	295	295	299	324	322	327	474	520	512
Outside data processing and software	-	-	-	-	-	-	172	185	199	230	258	292	376	437	492
Professional Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	-	344
FDIC assessments	79	100	101	70	56	52	105	102	69	42	54	70	90	315	146
Advertising and marketing	-	-	-	-	-	-	87	69	86	93	62	64	91	108	104
Amortization of Intangible Assets	58	62	61	47	34	26	43	31	25	19	15	10	56	62	53
Other costs of operations	528	822	733	860	941	884	682	771	824	820	684	767	1,120	527	546
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	5,379	5,359
Income (loss) before taxes	-	-	-	-	1,589	1,675	2,058	2,324	2,508	2,547	1,770	2,455	2,611	3,619	3,310
Income taxes	357	365	523	579	523	595	743	916	590	618	416	596	619	878	722
Net income	736	859	1,029	1,138	1,066	1,080	1,315	1,408	1,918	1,929	1,353	1,859	1,992	2,741	2,588
Net income available to common stockholders, basic	676	782	953	1,062	979	988	1,223	1,328	1,836	1,850	1,279	1,777	1,891	2,636	2,449
Net income available to common stockholders, diluted	676	782	953	1,062	979	988	1,223	1,328	1,836	1,850	1,279	1,777	1,891	2,636	2,449
Earnings Per Share, 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	15.85	14.71
Earnings Per Share, 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	15.79	14.64