M&T Bank (MTB) Operating Expenses (2009 - 2026)
M&T Bank's (MTB) quarterly Operating Expenses came in at $1.3 billion in Q2 2026, up 0.97% year-over-year from $1.3 billion in Q2 2025, and down 6.19% quarter-over-quarter from $1.4 billion in Q1 2026.
Analysis
M&T Bank (MTB) Operating Expenses (2009 - 2026) Analysis & Trends
M&T Bank has disclosed Operating Expenses across 18 years of filings, most recently posting $1.3 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 0.97% year-over-year to $1.3 billion; the TTM figure through Jun 2026 stood at $5.5 billion (up 2.07% YoY), while the FY2025 annual figure was $5.5 billion, up 2.5% from the prior year.
- Operating Expenses came in at $1.3 billion for Q2 2026 at M&T Bank, down from $1.4 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.4 billion in Q4 2023 to a low of $959.7 million in Q1 2022.
- Average Operating Expenses over 5 years is $1.3 billion, with a median of $1.4 billion recorded in 2023.
- Year-over-year, Operating Expenses surged 62.15% in 2022 and declined 7.85% in 2023.
- Over 5 years, Operating Expenses stood at $1.4 billion in 2022, then grew by 2.92% to $1.4 billion in 2023, then slipped by 5.94% to $1.4 billion in 2024, then climbed by 1.17% to $1.4 billion in 2025, then slipped by 2.18% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $1.3 billion in Q2 2026, $1.4 billion in Q1 2026, and $1.4 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 1.12 Bn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 1.55 Bn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 1.22 Bn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 290.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.35 Bn |
| Mar 31, 2026 | 1.44 Bn |
| Dec 31, 2025 | 1.38 Bn |
| Sep 30, 2025 | 1.36 Bn |
| Jun 30, 2025 | 1.34 Bn |
| Mar 31, 2025 | 1.42 Bn |
| Dec 31, 2024 | 1.36 Bn |
| Sep 30, 2024 | 1.30 Bn |
| Jun 30, 2024 | 1.30 Bn |
| Mar 31, 2024 | 1.40 Bn |
| Dec 31, 2023 | 1.45 Bn |
| Sep 30, 2023 | 1.28 Bn |
| Jun 30, 2023 | 1.29 Bn |
| Mar 31, 2023 | 1.36 Bn |
| Dec 31, 2022 | 1.41 Bn |
| Sep 30, 2022 | 1.28 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 959.74 Mn |
| Dec 31, 2021 | 927.88 Mn |
| Sep 30, 2021 | 899.33 Mn |