M&T Bank (MTB) Tax Rate (2016 - 2024)
Historic Tax Rate for M&T Bank (MTB) over the last 16 years, with Q4 2024 value amounting to 22.79%.
- M&T Bank's Tax Rate fell 2100.0% to 22.79% in Q4 2024 from the same period last year, while for Dec 2024 it was 21.81%, marking a year-over-year decrease of 24300.0%. This contributed to the annual value of 21.81% for FY2024, which is 24500.0% down from last year.
- M&T Bank's Tax Rate amounted to 22.79% in Q4 2024, which was down 2100.0% from 20.68% recorded in Q3 2024.
- In the past 5 years, M&T Bank's Tax Rate registered a high of 25.19% during Q2 2023, and its lowest value of 20.03% during Q1 2024.
- Its 5-year average for Tax Rate is 23.37%, with a median of 23.65% in 2021.
- Its Tax Rate has fluctuated over the past 5 years, first surged by 35300bps in 2023, then tumbled by -41600bps in 2024.
- M&T Bank's Tax Rate (Quarter) stood at 24.07% in 2020, then fell by -2bps to 23.6% in 2021, then grew by 3bps to 24.3% in 2022, then decreased by -5bps to 23.0% in 2023, then dropped by -1bps to 22.79% in 2024.
- Its last three reported values are 22.79% in Q4 2024, 20.68% for Q3 2024, and 23.39% during Q2 2024.