M&T Bank (MTB) Interest Expense - Debt (2009 - 2026)
M&T Bank's (MTB) quarterly Interest Expense - Debt came in at $170.0 million in Q2 2026, up 8.28% year-over-year from $157.0 million in Q2 2025, and up 13.33% quarter-over-quarter from $150.0 million in Q1 2026.
Analysis
M&T Bank (MTB) Interest Expense - Debt (2009 - 2026) Analysis & Trends
M&T Bank has disclosed Interest Expense - Debt across 18 years of filings, most recently posting $170.0 million for Q2 2026.
- In Q2 2026, Interest Expense - Debt rose 8.28% year-over-year to $170.0 million; the TTM figure through Jun 2026 stood at $674.0 million (up 4.82% YoY), while the FY2025 annual figure was $668.0 million, up 4.87% from the prior year.
- Interest Expense - Debt came in at $170.0 million for Q2 2026 at M&T Bank, up from $150.0 million in the prior quarter.
- In the past five years, Interest Expense - Debt ranged from a high of $179.0 million in Q3 2025 to a low of $15.9 million in Q1 2022.
- Average Interest Expense - Debt over 5 years is $118.7 million, with a median of $145.5 million recorded in 2024.
- Year-over-year, Interest Expense - Debt soared 433.35% in 2023 and fell 5.99% in 2025.
- Over 5 years, Interest Expense - Debt stood at $43.9 million in 2022, then soared by 157.68% to $113.0 million in 2023, then jumped by 43.36% to $162.0 million in 2024, then advanced by 8.02% to $175.0 million in 2025, then decreased by 2.86% to $170.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expense - Debt figures were $170.0 million in Q2 2026, $150.0 million in Q1 2026, and $175.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 52.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 314.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 155.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 29.46 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 170.00 Mn |
| Mar 31, 2026 | 150.00 Mn |
| Dec 31, 2025 | 175.00 Mn |
| Sep 30, 2025 | 179.00 Mn |
| Jun 30, 2025 | 157.00 Mn |
| Mar 31, 2025 | 157.00 Mn |
| Dec 31, 2024 | 162.00 Mn |
| Sep 30, 2024 | 167.00 Mn |
| Jun 30, 2024 | 167.00 Mn |
| Mar 31, 2024 | 141.00 Mn |
| Dec 31, 2023 | 113.00 Mn |
| Sep 30, 2023 | 101.00 Mn |
| Jun 30, 2023 | 102.00 Mn |
| Mar 31, 2023 | 85.00 Mn |
| Dec 31, 2022 | 43.85 Mn |
| Sep 30, 2022 | 30.34 Mn |
| Jun 30, 2022 | 20.87 Mn |
| Mar 31, 2022 | 15.94 Mn |
| Dec 31, 2021 | 15.15 Mn |
| Sep 30, 2021 | 15.12 Mn |