M&T Bank revenue and financials
$218.74Change from previous close: +0.22%Absolute change: +$0.48
In the fiscal year ended December 2025, M&T Bank reported revenue of $1.66B (+7.53% year over year). Net income was $2.85B, a net margin of 172.1%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +7.53%
- 2025 vs 2024
- Net income growth
- +10.16%
- 2025 vs 2024
- Net margin
- 172.1%
- 2024: 167.9%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,268 | 1,012 | 523 | 1,001 | 844 | 635 | 1,676 | -28.0 | 1,354 | 608 | 800 | 1,420 |
| Depreciation and amortization | 93.0 | 97.0 | 122 | 122 | 124 | — | — | — | — | — | — | — |
| Capital expenditure | -21.0 | -96.0 | -56.0 | -36.0 | -26.0 | -25.0 | -85.0 | -30.0 | -66.0 | -35.0 | -88.0 | -67.0 |
| Investing cash flow | -3,826 | -4,324 | -3,832 | 1.0 | -2,212 | -349 | -6,903 | -1,386 | 5,625 | -7,082 | 683 | -1,907 |
| Financing cash flow | 3,648 | 891 | 1,255 | -1,180 | 28.0 | 1,697 | -4,276 | 1,852 | -6,896 | 6,438 | -1,521 | 408 |
| Dividends paid | -256 | -275 | -262 | -274 | -243 | -266 | -255 | -274 | -249 | -255 | -233 | -249 |
| Share repurchases | -460 | -1,638 | -502 | -404 | -1,069 | — | — | — | — | — | — | — |
| Debt issued | -542 | 6,210 | 90.0 | 735 | 2,541 | 1,256 | 1,494 | 646 | — | 3,357 | -412 | -631 |
| Debt repaid | -251 | -212 | -2,000 | -215 | -215 | -2,950 | -1,876 | -2,675 | -144 | -570 | -43.0 | -781 |
| Net change in cash | 1,090 | -2,421 | -2,054 | -178 | -1,340 | 1,983 | -9,503 | 438 | 83.0 | -36.0 | -38.0 | -79.0 |
| Free cash flow | 1,247 | 916 | 467 | 965 | 818 | 610 | 1,591 | -58.0 | 1,288 | 573 | 712 | 1,353 |