M&T Bank (MTB) Interest Coverage Ratio (2009 - 2026)
M&T Bank's (MTB) quarterly Interest Coverage Ratio came in at 2.28 in Q2 2026, up 11.76% year-over-year from 2.04 in Q2 2025, and up 8.71% quarter-over-quarter from 2.1 in Q1 2026.
Analysis
M&T Bank (MTB) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
M&T Bank has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 2.28 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 11.76% year-over-year to 2.28; the TTM figure through Jun 2026 stood at 2.16 (up 12.48% YoY), while the FY2025 annual figure was 2.04, up 13.97% from the prior year.
- Interest Coverage Ratio came in at 2.28 for Q2 2026 at M&T Bank, up from 2.1 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 20.74 in Q1 2022 to a low of 1.61 in Q4 2023.
- Average Interest Coverage Ratio over 5 years is 3.9, with a median of 2.11 recorded in 2025.
- Year-over-year, Interest Coverage Ratio tumbled 86.41% in 2023 and climbed 17.71% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 5.13 in 2022, then plunged by 68.55% to 1.61 in 2023, then grew by 17.71% to 1.9 in 2024, then advanced by 12.14% to 2.13 in 2025, then advanced by 7.14% to 2.28 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 2.28 in Q2 2026, 2.1 in Q1 2026, and 2.13 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 942.50 Bn | 942.50 Bn | - | 0.09 |
| 2 | Truist Financial | 61.37 Bn | 61.37 Bn | - | 1.77 |
| 3 | Fifth Third Bancorp | 49.33 Bn | 25.60 Bn | - | 1.90 |
| 4 | M&T Bank | 34.62 Bn | 34.62 Bn | - | 2.28 |
| 5 | Huntington Bancshares | 33.40 Bn | 28.88 Bn | - | 1.67 |
| 6 | Citizens Financial | 29.18 Bn | 29.18 Bn | - | 1.83 |
| 7 | Regions Financial | 25.45 Bn | 25.45 Bn | - | 2.52 |
| 8 | First Citizens Bancshares | 24.60 Bn | 24.07 Bn | 29.00 Mn | -1.27 |
| 9 | Keycorp | 23.17 Bn | -24.52 Bn | - | 1.80 |
| 10 | East West Bancorp | 17.56 Bn | 12.47 Bn | - | 2.18 |
Historic Data
Download Data
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 |