M&T Bank Corp Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 0.60B0.37B0.27B0.20B0.18B0.12B0.17B0.19B0.17B0.13B0.18B0.80B-0.07B0.52B0.65B0.61B
Revenue 0.05B0.04B3.97B4.27B4.54B4.46B4.67B5.30B5.63B5.93B6.19B5.95B5.99B8.18B9.64B9.28B
Interest income
Interest income - Loans 2.33B2.39B2.52B2.70B2.73B2.60B2.78B3.49B3.74B4.16B4.44B3.98B3.75B5.24B8.02B8.48B
Interest income - Investments 1.02B2.51B2.04B1.31B
Interest Income - Debt Securities 1.79B0.53B0.82B0.73B0.81B0.69B0.66B0.69B0.77B0.82B0.82B0.68B0.42B0.67B0.77B1.03B
Interest Income - Deposits 0.00B0.00B0.00B0.00B0.01B0.01B0.02B0.05B0.06B0.11B0.14B0.03B0.05B0.51B1.36B1.45B
Interest Income - Fed Funds 0.00B0.00B0.00B0.00B0.00B0.00B
Interest Income - Trading Account Assets 0.00B0.00B0.00B0.00B0.00B0.00B
Other interest income 0.00B0.00B0.00B0.00B0.00B0.00B0.01B0.01B0.00B0.00B0.00B0.00B
Interest Income - Total 2.73B2.73B2.79B2.94B2.96B2.96B3.17B3.90B4.17B4.60B4.88B4.19B3.94B6.25B10.22B11.03B
Interest expenses
Interest Expense - Deposits 0.21B0.10B0.08B0.07B0.05B0.02B0.03B0.10B0.06B0.05B0.10B0.07B0.02B0.02B0.67B0.78B
Interest Expense - Debt 0.34B0.27B0.24B0.23B0.20B0.22B0.25B0.23B0.19B0.25B0.24B0.11B0.06B0.11B0.40B0.64B
Interest Expenses 0.67B0.46B0.40B0.34B0.28B0.28B0.33B0.43B0.39B0.53B0.75B0.33B0.11B0.42B3.11B4.17B
Interest Income - Net 2.06B2.27B2.39B2.60B2.67B2.68B2.84B3.47B3.78B4.07B4.13B3.87B3.83B5.82B7.12B6.85B
Non-interest income
Interest Income - Total 1.45B1.90B2.12B2.39B2.49B2.55B2.67B3.28B3.61B3.94B3.95B3.07B3.90B5.30B6.47B6.24B
Financial Services Fees 0.06B0.05B0.06B0.06B0.07B0.07B0.06B0.06B0.06B0.05B0.05B0.05B0.06B0.09B0.10B0.12B
Service Charges 0.47B0.48B0.46B0.45B0.45B0.43B0.42B0.42B0.43B0.45B0.47B0.51B
Investment Gain (Loss) 0.00B0.00B0.15B0.00B0.06B-0.00B0.03B0.02B-0.01B0.02B-0.01B-0.02B-0.01B0.00B0.01B
Income - Trust 0.13B0.12B0.33B0.47B0.50B0.51B0.47B0.47B0.50B0.74B0.68B0.68B
Mortgage Banking 0.21B0.18B0.17B0.35B0.33B0.36B0.38B0.36B0.41B0.44B
Trading Income 0.02B0.03B0.03B0.04B0.04B0.03B0.03B0.04B0.04B0.03B0.06B0.04B0.02B0.03B0.05B0.04B
Other Non-Interest Income 0.56B0.41B0.50B0.37B0.45B0.38B0.46B0.43B0.44B0.45B0.47B0.47B0.48B0.70B0.81B0.63B
Non-Interest Income 1.05B1.11B1.58B1.67B1.87B1.78B1.83B1.83B1.85B1.86B2.06B2.09B2.17B2.36B2.53B2.43B
Operating Items
Amortization - Intangibles 0.06B0.06B0.06B0.06B0.05B0.03B0.03B0.04B0.03B0.02B0.02B0.01B0.01B0.06B0.07B0.06B
Research & Development 0.15B0.16B0.17B0.18B0.20B0.23B0.26B0.29B0.38B0.44B0.49B
Wages, Salaries and Other 1.00B1.00B1.20B1.31B1.36B1.40B1.55B1.62B1.65B1.75B1.90B1.95B2.05B2.79B3.00B3.16B
Rent Expense 0.21B0.22B0.25B0.26B0.26B0.27B0.27B0.30B0.30B0.30B0.32B0.32B0.33B0.47B0.52B0.51B
Other Operating Expenses 1.77B0.30B0.81B2.25B2.32B1.45B1.01B2.58B2.66B2.79B2.91B2.80B2.39B2.16B4.42B4.36B
Operating Expenses 1.98B1.91B2.48B2.51B2.59B2.69B2.82B3.05B3.14B3.29B3.47B3.39B3.61B5.05B5.38B5.36B
Operating Income 0.38B0.43B0.54B0.62B0.57B0.59B0.72B0.81B0.53B0.53B0.37B0.52B0.55B0.76B
EBIT 1.19B0.38B0.43B0.54B0.62B0.57B0.59B0.72B0.81B0.53B0.53B0.37B0.52B0.55B0.76B7.48B
Net income details
EBT 0.52B1.09B1.22B1.55B1.77B1.64B1.67B2.06B2.32B2.51B2.55B1.77B2.46B2.61B3.62B3.31B
Tax Provisions 0.14B0.36B0.37B0.52B0.63B0.58B0.60B0.74B0.92B0.59B0.62B0.42B0.60B0.62B0.88B0.72B
Profit After Tax 0.38B0.74B0.86B1.03B1.14B1.07B1.08B1.32B1.41B1.92B1.93B1.35B1.86B1.99B2.74B2.59B
Equity Income -0.03B-0.03B-0.02B-0.02B-0.02B-0.02B-0.01B
Income from Continuing Operations 0.38B0.74B0.86B1.03B1.14B1.07B1.08B1.32B1.41B1.92B1.93B1.35B1.86B1.99B2.74B2.59B
Consolidated Net Income 0.38B0.74B0.86B1.03B1.14B1.07B1.08B1.32B1.41B1.92B1.93B1.35B1.86B1.99B2.74B2.59B
Income towards Parent Company 0.38B0.74B0.86B1.03B1.14B1.07B1.08B1.32B1.41B1.92B1.93B1.35B1.86B1.99B2.74B2.59B
Net Income towards Common Stockholders 0.33B0.68B0.78B1.03B1.14B1.07B1.08B1.32B1.41B1.92B1.93B1.35B1.86B1.89B2.64B2.45B
Additional items
EPS (Basic) 2.905.726.377.578.267.477.227.808.7212.7513.769.9413.8111.5915.8514.71
EPS (Weighted Average and Diluted) 2.895.696.357.548.207.427.187.788.7012.7413.759.9413.8011.5315.7914.64
Shares Outstanding (Weighted Average) 0.12B0.12B0.13B0.13B0.13B0.13B0.13B0.16B0.15B0.14B0.13B0.13B0.13B0.17B0.17B
Tax Rate 26.84%32.63%29.82%33.69%35.52%35.07%35.53%36.11%39.40%23.53%24.27%23.53%24.28%23.74%24.26%21.81%