M&T Bank (MTB) Rent Expense (2009 - 2026)
M&T Bank's (MTB) quarterly Rent Expense came in at $129.0 million in Q2 2026, down 0.77% year-over-year from $130.0 million in Q2 2025, and down 3.01% quarter-over-quarter from $133.0 million in Q1 2026.
Analysis
M&T Bank (MTB) Rent Expense (2009 - 2026) Analysis & Trends
M&T Bank has disclosed Rent Expense across 18 years of filings, most recently posting $129.0 million for Q2 2026.
- In Q2 2026, Rent Expense fell 0.77% year-over-year to $129.0 million; the TTM figure through Jun 2026 stood at $525.0 million (up 0.96% YoY), while the FY2025 annual figure was $525.0 million, up 2.54% from the prior year.
- Rent Expense came in at $129.0 million for Q2 2026 at M&T Bank, down from $133.0 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $136.4 million in Q4 2022 to a low of $85.8 million in Q1 2022.
- Average Rent Expense over 5 years is $127.4 million, with a median of $129.0 million recorded in 2023.
- Year-over-year, Rent Expense jumped 64.47% in 2022 and dropped 4.58% in 2024.
- Over 5 years, Rent Expense stood at $136.4 million in 2022, then fell by 2.5% to $133.0 million in 2023, then changed by 0.0% to $133.0 million in 2024, then rose by 0.75% to $134.0 million in 2025, then slipped by 3.73% to $129.0 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $129.0 million in Q2 2026, $133.0 million in Q1 2026, and $134.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | East West Bancorp | 17.78 Bn | 12.69 Bn | - | 19.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.00 Mn |
| Mar 31, 2026 | 133.00 Mn |
| Dec 31, 2025 | 134.00 Mn |
| Sep 30, 2025 | 129.00 Mn |
| Jun 30, 2025 | 130.00 Mn |
| Mar 31, 2025 | 132.00 Mn |
| Dec 31, 2024 | 133.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Jun 30, 2024 | 125.00 Mn |
| Mar 31, 2024 | 129.00 Mn |
| Dec 31, 2023 | 133.00 Mn |
| Sep 30, 2023 | 131.00 Mn |
| Jun 30, 2023 | 129.00 Mn |
| Mar 31, 2023 | 127.00 Mn |
| Dec 31, 2022 | 136.42 Mn |
| Sep 30, 2022 | 127.12 Mn |
| Jun 30, 2022 | 124.66 Mn |
| Mar 31, 2022 | 85.81 Mn |
| Dec 31, 2021 | 82.94 Mn |
| Sep 30, 2021 | 80.74 Mn |