M&T Bank (MTB) Tax Rate: 2009-2024
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 23.47%, marking a year-over-year decrease of 5700.0%. This contributed to the annual value of 21.81% for FY2024, which is 24500.0% down from last year.
- Latest data reveals that M&T Bank reported Tax Rate of 22.79% as of Q4 2024, which was down 2100.0% from 20.68% recorded in Q3 2024.
- M&T Bank's 5-year Tax Rate high stood at 25.19% for Q2 2023, and its period low was 20.03% during Q1 2024.
- Its 5-year average for Tax Rate is 23.37%, with a median of 23.65% in 2021.
- In the last 5 years, M&T Bank's Tax Rate soared by 35300bps in 2023 and then crashed by -41600bps in 2024.
- M&T Bank's Tax Rate (Quarter) stood at 24.07% in 2020, then dropped by -2bps to 23.6% in 2021, then increased by 3bps to 24.3% in 2022, then fell by -5bps to 23.0% in 2023, then decreased 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.