M&T Bank (MTB) Cash & Equivalents (2009 - 2023)
M&T Bank (MTB) posted Cash & Equivalents of $176.0 million for Q4 2023, down 90.33% sequentially from $1.8 billion in Q4 2022, and down 90.33% YoY from $1.8 billion in Q4 2022.
M&T Bank (MTB) Cash & Equivalents (2009 - 2023) Analysis & Trends
M&T Bank has reported Cash & Equivalents for 15 years, with the latest figure at $176.0 million in Q4 2023.
- Quarterly Cash & Equivalents fell 90.33% year-over-year to $176.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $176.0 million (down 90.33% YoY) and the FY2023 annual result came in at $176.0 million, down 90.33% from the prior year.
- Cash & Equivalents slipped to $176.0 million in Q4 2023 per MTB's latest filing, from $1.8 billion in the prior quarter.
- Over five years, Cash & Equivalents peaked at $1.8 billion in Q4 2022 and troughed at $176.0 million in Q4 2023.
- A 5-year average of $1.3 billion and a median of $1.4 billion in 2019 frame the typical range for Cash & Equivalents.
- The sharpest annual moves came in 2022 and 2023: Cash & Equivalents rose 27.36% in 2022, then plunged 90.33% in 2023.
- Over 5 years, Cash & Equivalents stood at $1.4 billion in 2019, then climbed by 8.12% to $1.6 billion in 2020, then declined by 7.98% to $1.4 billion in 2021, then increased by 27.36% to $1.8 billion in 2022, then slumped by 90.33% to $176.0 million in 2023.
- According to Business Quant data, Cash & Equivalents over the past three periods registered $176.0 million, $1.8 billion, and $1.4 billion for Q4 2023, Q4 2022, and Q4 2021 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | 27.15 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 | - | 82.55 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | 102.96 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 | 13.55 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 4.37 Bn |
| 10 | M&T Bank | 35.06 Bn | 35.06 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 176.00 Mn |
| Dec 31, 2022 | 1.82 Bn |
| Dec 31, 2021 | 1.43 Bn |
| Dec 31, 2020 | 1.55 Bn |
| Dec 31, 2019 | 1.44 Bn |
| Dec 31, 2018 | 1.61 Bn |
| Dec 31, 2017 | 1.63 Bn |
| Dec 31, 2016 | 1.32 Bn |
| Sep 30, 2016 | 1.33 Bn |
| Jun 30, 2016 | 1.28 Bn |
| Mar 31, 2016 | 1.18 Bn |
| Dec 31, 2015 | 1.37 Bn |
| Sep 30, 2015 | 1.25 Bn |
| Jun 30, 2015 | 1.35 Bn |
| Mar 31, 2015 | 1.37 Bn |
| Dec 31, 2014 | 1.37 Bn |
| Sep 30, 2014 | 1.52 Bn |
| Jun 30, 2014 | 1.92 Bn |
| Mar 31, 2014 | 1.76 Bn |
| Dec 31, 2013 | 1.67 Bn |