M&T Bank (MTB) Rent Expense (2016 - 2024)
M&T Bank (MTB) has disclosed Rent Expense for 16 consecutive years, with $133.0 million as the latest value for Q4 2024.
- Quarterly Rent Expense changed 0.0% to $133.0 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $512.0 million through Dec 2024, down 1.54% year-over-year, with the annual reading at $525.0 million for FY2025, 2.54% up from the prior year.
- Rent Expense hit $133.0 million in Q4 2024 for M&T Bank, up from $125.0 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 $77.1 million in Q2 2020.
- Historically, Rent Expense has averaged $107.8 million across 5 years, with a median of $124.8 million in 2022.
- Biggest five-year swings in Rent Expense: surged 64.47% in 2022 and later decreased 4.58% in 2024.
- Year by year, Rent Expense stood at $84.2 million in 2020, then fell by 1.53% to $82.9 million in 2021, then soared by 64.47% to $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.
- Business Quant data shows Rent Expense for MTB at $133.0 million in Q4 2024, $125.0 million in Q3 2024, and $125.0 million in Q2 2024.