M&T Bank Corp (MTB) Interest Coverage Ratio (2009 - 2026)
M&T Bank's (MTB) Interest Coverage Ratio was 2.28 for Q2 2026, up 11.8% from 2.04 a year earlier and up 8.7% from the prior quarter.
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Analysis
M&T Bank Corp (MTB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, M&T Bank's Interest Coverage Ratio came in at 2.16, up 12.5% year-over-year; for FY2025, it was 2.04, up 14.0% from FY2024.
- By year, Interest Coverage Ratio came in at 1.79 in FY2024 (-17.1%), 2.16 in FY2023 (-69.7%), 7.15 in FY2022 (-68.3%) and 22.54 in FY2021 (+250.9%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio since Q2 2023.
- Year over year, Interest Coverage Ratio has now increased in each of the last seven quarters, with growth averaging 10.9% over the last eight quarters.
- The high point for year-over-year Interest Coverage Ratio in five years was Q3 2021 (growth of 183.1%); the low point was Q1 2023 (a decline of 86.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.10 (Q1 2026), 2.13 (Q4 2025) and 2.12 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.28 |
| Mar 31, 2026 | 2.10 |
| Dec 31, 2025 | 2.13 |
| Sep 30, 2025 | 2.12 |
| Jun 30, 2025 | 2.04 |
| Mar 31, 2025 | 1.88 |
| Dec 31, 2024 | 1.90 |
| Sep 30, 2024 | 1.86 |
| Jun 30, 2024 | 1.80 |
| Mar 31, 2024 | 1.62 |
| Dec 31, 2023 | 1.61 |
| Sep 30, 2023 | 2.05 |
| Jun 30, 2023 | 2.62 |
| Mar 31, 2023 | 2.82 |
| Dec 31, 2022 | 5.13 |
| Sep 30, 2022 | 9.24 |
| Jun 30, 2022 | 6.20 |
| Mar 31, 2022 | 20.74 |
| Dec 31, 2021 | 25.26 |
| Sep 30, 2021 | 26.57 |
API Access
M&T Bank Corp Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MTB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();