M&T Bank (MTB) Rent Expense (2009 - 2026)
M&T Bank (MTB) posted Rent Expense of $133.0 million for Q1 2026, down 0.75% sequentially from $134.0 million in Q4 2025, and up 0.76% YoY from $132.0 million in Q1 2025.
M&T Bank (MTB) Rent Expense (2009 - 2026) Analysis & Trends
M&T Bank has reported Rent Expense for 18 years, with the latest figure at $133.0 million in Q1 2026.
- Quarterly Rent Expense rose 0.76% year-over-year to $133.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $526.0 million (up 2.14% YoY) and the FY2025 annual result came in at $525.0 million, up 2.54% from the prior year.
- Rent Expense slipped to $133.0 million in Q1 2026 per MTB's latest filing, from $134.0 million in the prior quarter.
- Over five years, Rent Expense peaked at $136.4 million in Q4 2022 and troughed at $85.8 million in Q1 2022.
- A 5-year average of $127.3 million and a median of $129.0 million in 2023 frame the typical range for Rent Expense.
- The sharpest annual moves came in 2022 and 2024: Rent Expense surged 64.47% in 2022, then declined 4.58% in 2024.
- Over 5 years, Rent Expense stood at $136.4 million in 2022, then decreased by 2.5% to $133.0 million in 2023, then changed by 0.0% to $133.0 million in 2024, then advanced by 0.75% to $134.0 million in 2025, then decreased by 0.75% to $133.0 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $133.0 million, $134.0 million, and $129.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | M&T Bank | 34.86 Bn | 34.86 Bn | - | 129.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 129.00 Mn |
| Jun 30, 2026 | 129.00 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Dec 31, 2025 | 134.00 Mn |
| Dec 31, 2025 | 134.00 Mn |
| Sep 30, 2025 | 129.00 Mn |
| Sep 30, 2025 | 129.00 Mn |
| Jun 30, 2025 | 130.00 Mn |
| Jun 30, 2025 | 130.00 Mn |
| Mar 31, 2025 | 132.00 Mn |
| Mar 31, 2025 | 132.00 Mn |
| Dec 31, 2024 | 133.00 Mn |
| Dec 31, 2024 | 133.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Jun 30, 2024 | 125.00 Mn |
| Jun 30, 2024 | 125.00 Mn |
| Mar 31, 2024 | 129.00 Mn |
| Mar 31, 2024 | 129.00 Mn |