M&T Bank (MTB) Accumulated Expenses (2011 - 2023)
M&T Bank (MTB) posted Accumulated Expenses of $152.0 million for Q4 2023, down 11.63% sequentially from $172.0 million in Q4 2022, and down 11.63% YoY from $172.0 million in Q4 2022.
M&T Bank (MTB) Accumulated Expenses (2011 - 2023) Analysis & Trends
M&T Bank has reported Accumulated Expenses for 13 years, with the latest figure at $152.0 million in Q4 2023.
- Quarterly Accumulated Expenses fell 11.63% year-over-year to $152.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $152.0 million (down 11.63% YoY) and the FY2023 annual result came in at $152.0 million, down 11.63% from the prior year.
- Accumulated Expenses retreated to $152.0 million in Q4 2023 per MTB's latest filing, from $172.0 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $55.9 billion in Q3 2021 and troughed at $74.2 million in Q4 2019.
- A 5-year average of $20.9 billion and a median of $162.0 million in 2022 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2022 and 2023: Accumulated Expenses jumped 66.6% in 2022, then decreased 11.63% in 2023.
- Over 5 years, Accumulated Expenses stood at $74.2 million in 2019, then surged by 30.21% to $96.7 million in 2020, then advanced by 6.81% to $103.2 million in 2021, then surged by 66.6% to $172.0 million in 2022, then fell by 11.63% to $152.0 million in 2023.
- According to Business Quant data, Accumulated Expenses over the past three periods registered $152.0 million, $172.0 million, and $55.5 billion for Q4 2023, Q4 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | M&T Bank | 35.06 Bn | 35.06 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 152.00 Mn |
| Dec 31, 2022 | 172.00 Mn |
| Mar 31, 2022 | 55.50 Bn |
| Dec 31, 2021 | 103.24 Mn |
| Sep 30, 2021 | 55.90 Bn |
| Jun 30, 2021 | 55.60 Bn |
| Dec 31, 2020 | 96.66 Mn |
| Dec 31, 2019 | 74.24 Mn |
| Dec 31, 2018 | 63.72 Mn |
| Dec 31, 2017 | 49.09 Mn |
| Dec 31, 2016 | 54.49 Mn |
| Jun 30, 2016 | 80.17 Mn |
| Mar 31, 2016 | 80.61 Mn |
| Dec 31, 2015 | 56.80 Mn |
| Sep 30, 2015 | 73.48 Mn |
| Jun 30, 2015 | 72.06 Mn |
| Mar 31, 2015 | 77.90 Mn |
| Dec 31, 2014 | 59.95 Mn |
| Sep 30, 2014 | 74.28 Mn |
| Jun 30, 2014 | 54.39 Mn |