M&T Bank (MTB) Long-Term Deferred Tax (2012 - 2023)
M&T Bank (MTB) reported Long-Term Deferred Tax of $1.3 billion for Q4 2023, up 168.99% on a YoY basis from $487.0 million in Q4 2022, and up 168.99% sequentially from $487.0 million in Q4 2022.
M&T Bank (MTB) Long-Term Deferred Tax (2012 - 2023) Analysis & Trends
M&T Bank (MTB) has 6 years of Long-Term Deferred Tax data on file, last reported at $1.3 billion in Q4 2023.
- For the quarter ending Q4 2023, Long-Term Deferred Tax rose 168.99% year-over-year to $1.3 billion; the trailing twelve-month figure through Dec 2023 stood at $1.3 billion (up 168.99% YoY), and the FY2023 full-year result was $1.3 billion, up 168.99% from the prior year.
- Long-Term Deferred Tax climbed to $1.3 billion in Q4 2023, from $487.0 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $1.3 billion in Q4 2023 to a low of $62.0 million in Q4 2021.
- A 3-year average of $619.7 million and a median of $487.0 million in 2022 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax surged 685.48% in 2022 and jumped 168.99% in 2023, its largest moves.
- Tracing MTB's Long-Term Deferred Tax over 3 years: stood at $62.0 million in 2021, then surged by 685.48% to $487.0 million in 2022, then jumped by 168.99% to $1.3 billion in 2023.
- Business Quant data shows MTB's Long-Term Deferred Tax at $1.3 billion in Q4 2023, $487.0 million in Q4 2022, and $62.0 million in Q4 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 43,124.21 Bn | 43,125.44 Bn | -775,612.08 |
| 2 | Shinhan Financial | 33,971.34 Bn | 33,973.00 Bn | - |
| 3 | Bank Of Chile | 4,105.33 Bn | 4,105.33 Bn | 167,623.00 |
| 4 | NatWest | 768.74 Bn | 572.78 Bn | 1.79 Bn |
| 5 | Mizuho Financial | 385.64 Bn | 389.59 Bn | - |
| 6 | Lloyds Banking | 358.14 Bn | 358.14 Bn | - |
| 7 | First Capital | 200.03 Bn | 199.69 Bn | - |
| 8 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 9 | Pnc Financial Services | 100.96 Bn | 101.01 Bn | - |
| 10 | M&T Bank | 36.71 Bn | 36.71 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.31 Bn |
| Dec 31, 2022 | 487.00 Mn |
| Dec 31, 2021 | 62.00 Mn |
| Dec 31, 2014 | 567.69 Mn |
| Dec 31, 2013 | 583.19 Mn |
| Dec 31, 2012 | 837.26 Mn |