M&T Bank Corp (MTB) Non Operating Interest Expenses (2009 - 2024)
M&T Bank (MTB) posted Non Operating Interest Expenses of $1.07 billion for Q2 2024, up 49.4% from $717 million a year earlier and up 0.6% from the prior quarter.
M&T Bank Corp (MTB) Non Operating Interest Expenses (2009 - 2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2024, Non Operating Interest Expenses at M&T Bank was $4.02 billion, up 155.5% year-over-year; for FY2023, it came in at $3.11 billion, up 631.5% from FY2022.
- Annual Non Operating Interest Expenses shows a five-year compound annual growth rate of 42.6% (FY2018 to FY2023).
- In prior years, M&T Bank's Non Operating Interest Expenses was $425 million in FY2022 (+272.8%), $114 million in FY2021 (-65.1%), $326.4 million in FY2020 (-56.4%) and $749.33 million in FY2019 (+42.3%).
- The Q2 2024 figure stands as the highest quarterly Non Operating Interest Expenses in data going back to Q1 2009.
- On a year-over-year basis, Non Operating Interest Expenses has increased in each of the last four quarters, with growth averaging 401.1% over the last six quarters.
- The strongest year-over-year quarter for Non Operating Interest Expenses in the past five years was Q4 2022, with growth of 889.8%; the weakest was Q1 2021, with a decline of 75.2%.
- According to Business Quant data, Non Operating Interest Expenses for the three prior quarters was $1.07 billion (Q1 2024), $1.02 billion (Q4 2023) and $866.01 million (Q3 2023).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 1.07 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 866.01 Mn |
| Jun 30, 2023 | 717.00 Mn |
| Mar 31, 2023 | 509.00 Mn |
| Dec 31, 2022 | 244.67 Mn |
| Sep 30, 2022 | 102.82 Mn |
| Jun 30, 2022 | 53.43 Mn |
| Mar 31, 2022 | 24.08 Mn |
| Dec 31, 2021 | 24.72 Mn |
| Sep 30, 2021 | 25.70 Mn |
| Jun 30, 2021 | 28.02 Mn |
| Mar 31, 2021 | 35.57 Mn |
| Dec 31, 2020 | 49.61 Mn |
| Sep 30, 2020 | 58.07 Mn |
| Jun 30, 2020 | 75.11 Mn |
| Mar 31, 2020 | 143.61 Mn |
| Dec 31, 2019 | 177.07 Mn |
| Sep 30, 2019 | 199.58 Mn |
M&T Bank Corp Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=MTB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=MTB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();