M&T Bank (MTB) Loans - Loss Allowance (2016 - 2024)
M&T Bank (MTB) has disclosed Loans - Loss Allowance for 16 consecutive years, with $2.2 billion as the latest value for Q3 2024.
- Quarterly Loans - Loss Allowance rose 7.41% to $2.2 billion in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $2.2 billion through Sep 2024, up 7.41% year-over-year, with the annual reading at $2.1 billion for FY2023, 10.6% up from the prior year.
- Loans - Loss Allowance hit $2.2 billion in Q3 2024 for M&T Bank, roughly flat from $2.2 billion in the prior quarter.
- In the past five years, Loans - Loss Allowance ranged from a high of $2.2 billion in Q2 2024 to a low of $1.4 billion in Q1 2020.
- Historically, Loans - Loss Allowance has averaged $1.8 billion across 5 years, with a median of $1.8 billion in 2022.
- Biggest five-year swings in Loans - Loss Allowance: skyrocketed 69.34% in 2020 and later fell 15.39% in 2021.
- Year by year, Loans - Loss Allowance stood at $1.7 billion in 2020, then fell by 15.39% to $1.5 billion in 2021, then soared by 31.02% to $1.9 billion in 2022, then grew by 10.6% to $2.1 billion in 2023, then grew by 3.52% to $2.2 billion in 2024.
- Business Quant data shows Loans - Loss Allowance for MTB at $2.2 billion in Q3 2024, $2.2 billion in Q2 2024, and $2.2 billion in Q1 2024.