M&T Bank (MTB) Free Cash Flow (2009 - 2026)
M&T Bank's Free Cash Flow came in at $1.25 billion for Q2 2026, up 52.4% from $818 million a year earlier and up 36.1% from the prior quarter.
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Analysis
M&T Bank (MTB) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, M&T Bank reported Free Cash Flow of $3.6 billion, up 21.4% year-over-year; for FY2025, it was $2.86 billion, down 15.7% from FY2024.
- Free Cash Flow has declined in each of the last three years, though with a five-year compound annual growth rate of 35.9% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $3.39 billion in FY2024 (-7.0%), $3.65 billion in FY2023 (-16.3%), $4.36 billion in FY2022 (+69.9%) and $2.57 billion in FY2021 (+316.0%).
- The Q2 2026 figure represents the highest quarterly Free Cash Flow since Q4 2024.
- Year-over-year, Free Cash Flow increased in four of the last six quarters, with growth averaging 20.9%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q3 2022 (growth of 147.5%), and the weakest in Q4 2025 (a decline of 70.6%).
- Business Quant data shows MTB's Free Cash Flow at $916 million (Q1 2026), $467 million (Q4 2025) and $965 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 881.30 Bn | 881.30 Bn | - | -25.28 Bn |
| 2 | Bank Of America | 354.90 Bn | -2,021.17 Bn | - | 29.04 Bn |
| 3 | Hsbc Holdings | 311.39 Bn | -1,517.77 Bn | - | - |
| 4 | Morgan Stanley | 282.15 Bn | -226.95 Bn | - | -3.57 Bn |
| 5 | Royal Bank Of Canada | 281.68 Bn | -548.32 Bn | - | 25.17 Bn |
| 6 | Goldman Sachs | 255.22 Bn | -3,301.89 Bn | - | 5.60 Bn |
| 7 | Mitsubishi Ufj Financial | 249.82 Bn | -82.42 Bn | 10.89 Bn | - |
| 8 | Wells Fargo & Company | 249.49 Bn | 251.62 Bn | - | 6.78 Bn |
| 9 | Toronto Dominion Bank | 210.53 Bn | -465.35 Bn | - | -4.20 Bn |
| 10 | M&T Bank | 32.00 Bn | 32.00 Bn | - | 1.25 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 916.00 Mn |
| Dec 31, 2025 | 467.00 Mn |
| Sep 30, 2025 | 965.00 Mn |
| Jun 30, 2025 | 818.00 Mn |
| Mar 31, 2025 | 610.00 Mn |
| Dec 31, 2024 | 1.59 Bn |
| Sep 30, 2024 | -58.00 Mn |
| Jun 30, 2024 | 1.29 Bn |
| Mar 31, 2024 | 573.00 Mn |
| Dec 31, 2023 | 712.00 Mn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.21 Bn |
| Mar 31, 2023 | 373.00 Mn |
| Dec 31, 2022 | 866.69 Mn |
| Sep 30, 2022 | 1.10 Bn |
| Jun 30, 2022 | 1.13 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Dec 31, 2021 | 635.13 Mn |
| Sep 30, 2021 | 443.61 Mn |
API Access
M&T Bank Free Cash Flow 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=free-cash-flow&ticker=MTB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();