M&T Bank Corp (MTB) FCF Margin (2009 - 2026)
M&T Bank (MTB) recorded FCF Margin of 49.25% in Q2 2026, up 15.11 percentage points from 34.14% a year earlier and up 11.72 percentage points from the prior quarter.
M&T Bank Corp (MTB) FCF Margin (2009 - 2026) Analysis & Trends
On a TTM basis, M&T Bank's FCF Margin came in at 36.09% as of Jun 30, 2026, up 4.65 percentage points year-over-year; for FY2025, it came in at 29.51%, down 7.06 percentage points from FY2024.
- Annual FCF Margin has declined for three straight years, though with a five-year change of +19.16 percentage points (FY2020 to FY2025).
- Across earlier years, FCF Margin came in at 36.58% in FY2024 (-1.26 pp), 37.84% in FY2023 (-15.47 pp), 53.31% in FY2022 (+10.48 pp) and 42.82% in FY2021 (+32.46 pp).
- The Q2 2026 figure is the highest quarterly FCF Margin since Q4 2024.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of -143.78 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 311.18 percentage points in Q3 2022, against a drop of 874.87 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 37.53% (Q1 2026), 18.87% (Q4 2025) and 38.40% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.25% |
| Mar 31, 2026 | 37.53% |
| Dec 31, 2025 | 18.87% |
| Sep 30, 2025 | 38.40% |
| Jun 30, 2025 | 34.14% |
| Mar 31, 2025 | 26.45% |
| Dec 31, 2024 | 66.71% |
| Sep 30, 2024 | -2.49% |
| Jun 30, 2024 | 55.95% |
| Mar 31, 2024 | 25.35% |
| Dec 31, 2023 | 7.81% |
| Sep 30, 2023 | 57.94% |
| Jun 30, 2023 | 46.54% |
| Mar 31, 2023 | 15.51% |
| Dec 31, 2022 | 11.35% |
| Sep 30, 2022 | 48.98% |
| Jun 30, 2022 | 56.87% |
| Mar 31, 2022 | 87.74% |
| Dec 31, 2021 | 11.51% |
| Sep 30, 2021 | 28.87% |
M&T Bank Corp FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=MTB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "MTB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();