M&T Bank (MTB) Cash & Current Investments (2009 - 2024)
M&T Bank (MTB) posted Cash & Current Investments of $7.9 billion for Q1 2024, down 2.05% sequentially from $8.0 billion in Q4 2023, and little changed YoY from $7.9 billion in Q2 2023.
M&T Bank (MTB) Cash & Current Investments (2009 - 2024) Analysis & Trends
M&T Bank has reported Cash & Current Investments for 16 years, with the latest figure at $7.9 billion in Q1 2024.
- Quarterly Cash & Current Investments changed 0.2% year-over-year to $7.9 billion in Q1 2024, while the trailing twelve-month figure through Dec 2024 was $7.9 billion (down 2.05% YoY) and the FY2023 annual result came in at $8.0 billion, down 16.75% from the prior year.
- Cash & Current Investments eased to $7.9 billion in Q1 2024 per MTB's latest filing, from $8.0 billion in the prior quarter.
- Over five years, Cash & Current Investments peaked at $9.7 billion in Q4 2022 and troughed at $128.9 million in Q1 2020.
- A 5-year average of $4.1 billion and a median of $2.9 billion in 2022 frame the typical range for Cash & Current Investments.
- The sharpest annual moves came in 2020 and 2022: Cash & Current Investments slumped 89.86% in 2020, then soared 5391.83% in 2022.
- Over 5 years, Cash & Current Investments stood at $1.7 billion in 2020, then jumped by 31.75% to $2.2 billion in 2021, then jumped by 333.49% to $9.7 billion in 2022, then declined by 16.75% to $8.0 billion in 2023, then dropped by 2.05% to $7.9 billion in 2024.
- According to Business Quant data, Cash & Current Investments over the past three periods registered $7.9 billion, $8.0 billion, and $7.9 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 36.20 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 | - | 219.09 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 153.31 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | 13.69 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 23.72 Bn |
| 10 | M&T Bank | 35.06 Bn | 35.06 Bn | - | - |
Historic Data
Download 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 | 2.23 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 |