M&T Bank Corp (MTB) Interest Expense - Debt (2009 - 2026)
M&T Bank (MTB) reported Interest Expense - Debt of $170 million for Q2 2026, up 8.3% from $157 million a year earlier and up 13.3% from the prior quarter.
M&T Bank Corp (MTB) Interest Expense - Debt (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, M&T Bank's Interest Expense - Debt came in at $674 million, up 4.8% year-over-year; for FY2025, it came in at $668 million, up 4.9% from FY2024.
- Interest Expense - Debt has increased for four consecutive years, with a five-year compound annual growth rate of 43.6% (FY2020 to FY2025).
- By year, Interest Expense - Debt came in at $637 million in FY2024 (+59.3%), $400 million in FY2023 (+260.4%), $111 million in FY2022 (+79.0%) and $62 million in FY2021 (-43.3%).
- Five-year quarterly Interest Expense - Debt spans a low of $15.12 million in Q3 2021 and a high of $179 million in Q3 2025.
- Year over year, Interest Expense - Debt gained in six of the last eight quarters, with growth averaging 16.6%.
- The high point for year-over-year Interest Expense - Debt in five years was Q1 2023 (growth of 433.4%); the low point was Q3 2021 (a decline of 27.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $150 million (Q1 2026), $175 million (Q4 2025) and $179 million (Q3 2025).
Peer Comparison
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 |
M&T Bank Corp Interest Expense - Debt 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-expense-debt&ticker=MTB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense-debt", "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-expense-debt&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();