M&T Bank (MTB) Cash & Current Investments (2009 - 2024)
M&T Bank's (MTB) quarterly Cash & Current Investments came in at $7.9 billion in Q1 2024, little changed year-over-year from $7.9 billion in Q2 2023, and down 2.05% quarter-over-quarter from $8.0 billion in Q4 2023.
Analysis
M&T Bank (MTB) Cash & Current Investments (2009 - 2024) Analysis & Trends
M&T Bank has disclosed Cash & Current Investments across 16 years of filings, most recently posting $7.9 billion for Q1 2024.
- In Q1 2024, Cash & Current Investments changed 0.2% year-over-year to $7.9 billion; the TTM figure through Mar 2024 stood at $31.5 billion (up 31.35% YoY), while the FY2023 annual figure was $8.0 billion, down 16.75% from the prior year.
- Cash & Current Investments came in at $7.9 billion for Q1 2024 at M&T Bank, down from $8.0 billion in the prior quarter.
- In the past five years, Cash & Current Investments ranged from a high of $9.7 billion in Q4 2022 to a low of $128.9 million in Q1 2020.
- Average Cash & Current Investments over 5 years is $4.1 billion, with a median of $2.9 billion recorded in 2022.
- Year-over-year, Cash & Current Investments sank 89.86% in 2020 and surged 5391.83% in 2022.
- Over 5 years, Cash & Current Investments stood at $1.7 billion in 2020, then grew by 26.38% to $2.1 billion in 2021, then soared by 351.93% to $9.7 billion in 2022, then slipped by 16.75% to $8.0 billion in 2023, then decreased by 2.05% to $7.9 billion in 2024.
- Per Business Quant data, the three most recent Cash & Current Investments figures were $7.9 billion in Q1 2024, $8.0 billion in Q4 2023, and $7.9 billion in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | - |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 23.72 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.38 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 12.42 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 156.00 Mn |
| 10 | East West Bancorp | 17.39 Bn | 12.30 Bn | - | 5.09 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 7.88 Bn |
| Dec 31, 2023 | 8.05 Bn |
| Sep 30, 2023 | 7.90 Bn |
| Jun 30, 2023 | 7.85 Bn |
| Mar 31, 2023 | 7.90 Bn |
| Dec 31, 2022 | 9.66 Bn |
| Sep 30, 2022 | 7.83 Bn |
| Jun 30, 2022 | 5.36 Bn |
| Mar 31, 2022 | 2.91 Bn |
| Dec 31, 2021 | 2.14 Bn |
| Sep 30, 2021 | 142.63 Mn |
| Jun 30, 2021 | 139.29 Mn |
| Mar 31, 2021 | 139.33 Mn |
| Dec 31, 2020 | 1.69 Bn |
| Sep 30, 2020 | 136.62 Mn |
| Jun 30, 2020 | 131.10 Mn |
| Mar 31, 2020 | 128.90 Mn |
| Dec 31, 2019 | 1.57 Bn |
| Sep 30, 2019 | 490.50 Mn |
| Jun 30, 2019 | 561.99 Mn |