M&T Bank (MTB) Interest Expense - Deposits (2009 - 2026)
M&T Bank's (MTB) quarterly Interest Expense - Deposits came in at $104.0 million in Q2 2026, down 15.45% year-over-year from $123.0 million in Q2 2025, and up 7.22% quarter-over-quarter from $97.0 million in Q1 2026.
Analysis
M&T Bank (MTB) Interest Expense - Deposits (2009 - 2026) Analysis & Trends
M&T Bank has disclosed Interest Expense - Deposits across 18 years of filings, most recently posting $104.0 million for Q2 2026.
- In Q2 2026, Interest Expense - Deposits fell 15.45% year-over-year to $104.0 million; the TTM figure through Jun 2026 stood at $429.0 million (down 26.79% YoY), while the FY2025 annual figure was $475.0 million, down 39.18% from the prior year.
- Interest Expense - Deposits came in at $104.0 million for Q2 2026 at M&T Bank, up from $97.0 million in the prior quarter.
- In the past five years, Interest Expense - Deposits ranged from a high of $230.0 million in Q4 2023 to a low of $1.1 million in Q3 2022.
- Average Interest Expense - Deposits over 5 years is $119.6 million, with a median of $121.0 million recorded in 2025.
- Year-over-year, Interest Expense - Deposits slumped 80.07% in 2022 and surged 17871.53% in 2023.
- Over 5 years, Interest Expense - Deposits stood at $20.3 million in 2022, then surged by 1035.69% to $230.0 million in 2023, then plunged by 30.87% to $159.0 million in 2024, then sank by 31.45% to $109.0 million in 2025, then retreated by 4.59% to $104.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expense - Deposits figures were $104.0 million in Q2 2026, $97.0 million in Q1 2026, and $109.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 385.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 881.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 600.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 359.42 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 104.00 Mn |
| Mar 31, 2026 | 97.00 Mn |
| Dec 31, 2025 | 109.00 Mn |
| Sep 30, 2025 | 119.00 Mn |
| Jun 30, 2025 | 123.00 Mn |
| Mar 31, 2025 | 124.00 Mn |
| Dec 31, 2024 | 159.00 Mn |
| Sep 30, 2024 | 180.00 Mn |
| Jun 30, 2024 | 217.00 Mn |
| Mar 31, 2024 | 225.00 Mn |
| Dec 31, 2023 | 230.00 Mn |
| Sep 30, 2023 | 202.00 Mn |
| Jun 30, 2023 | 150.00 Mn |
| Mar 31, 2023 | 89.00 Mn |
| Dec 31, 2022 | 20.25 Mn |
| Sep 30, 2022 | 1.12 Mn |
| Jun 30, 2022 | 1.23 Mn |
| Mar 31, 2022 | 1.40 Mn |
| Dec 31, 2021 | 3.33 Mn |
| Sep 30, 2021 | 3.57 Mn |