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.
- According to the latest figures from Q4 2024, M&T Bank's Tax Rate is 22.79%, which was down 2100.0% from 20.68% recorded in Q3 2024.
- M&T Bank's Tax Rate's 5-year high stood at 25.19% during Q2 2023, with a 5-year trough of 20.03% in Q1 2024.
- Over the past 5 years, M&T Bank's median Tax Rate value was 23.65% (recorded in 2021), while the average stood at 23.37%.
- As far as peak fluctuations go, M&T Bank's Tax Rate surged by 35300bps in 2023, and later 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.