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MTB - M&T Bank Corporation

NYSE -> Financial Services -> Banks—Regional
Buffalo, United States
Type: Equity

MTB price evolution
MTB
(in millions $) 30 Oct 2024 30 Jul 2024 1 May 2024 31 Jan 2024
Current assets
Cash $26570 $33839 $29800
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $1719 $1707 $1739
Goodwill & intangible assets $8584 $8597 $8612
Total noncurrent assets
Total investments $162791 $161377 $158942
Total assets $211785 $208855 $215137 $208264
Current liabilities
Accounts payable $4167 $4438 $4527 $4516
Deferred revenue
Short long term debt
Total current liabilities $6772 $9202 $9322 $9832
Long term debt $11583 $11319 $11450 $8201
Total noncurrent liabilities
Total debt $16083 $16245 $13517
Total liabilities $182909 $180431 $187968 $181307
Shareholders' equity
Retained earnings $18211 $17812 $17524
Other shareholder equity -$551 -$391 -$459
Total shareholder equity $28424 $27169 $26957
(in millions $) 31 Jan 2024 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $29800 $26478.96 $43209.88 $25216.55
Short term investments
Net receivables
Inventory
Total current assets
Long term investments
Property, plant & equipment $1739 $1653.63 $1144.77 $1161.56
Goodwill & intangible assets $8612 $8699.46 $4597.11 $4607.28
Total noncurrent assets
Total investments $158942 $154967.55 $99067.12 $104913.76
Total assets $208264 $200729.84 $155107.16 $142601.11
Current liabilities
Accounts payable $4516 $4377.49 $1697 $1699
Deferred revenue
Short long term debt
Total current liabilities $9832 $4377.49 $2128 $2166
Long term debt $8201 $3964.54 $3485 $4382.19
Total noncurrent liabilities
Total debt $13517 $7519.49 $3532.41 $4441.68
Total liabilities $181307 $175411.85 $137203.76 $126413.82
Shareholders' equity
Retained earnings $17524 $15753.98 $14646.45 $13444.43
Other shareholder equity -$459 -$459.75 -$127.58 -$63.03
Total shareholder equity $26957 $25317.99 $17903.4 $16187.28
(in millions $) 30 Oct 2024 30 Jul 2024 1 May 2024 31 Jan 2024
Revenue
Total revenue $2332 $2302 $2260 $2300
Cost of revenue
Gross Profit
Operating activities
Research & development
Selling, general & administrative
Total operating expenses
Operating income
Income from continuing operations
EBIT
Income tax expense $188 $200 $133 $143
Interest expense
Net income
Net income $674 $626 $505 $457
Income (for common shares)
(in millions $) 31 Jan 2024 31 Dec 2022 31 Jan 2022 31 Dec 2020
Revenue
Total revenue $9643 $7661.56 $5154.76
Cost of revenue
Gross Profit $7661.56 $5154.76
Operating activities
Research & development
Selling, general & administrative $4528.05 $3058.09
Total operating expenses $4528.05 $3058.09
Operating income $3133.51 $2096.67
Income from continuing operations
EBIT $2510.93 $1695.43
Income tax expense $878 $619.46 $416.37
Interest expense $326.39
Net income
Net income $2636 $1891.47 $1279.07
Income (for common shares) $1891.47 $1279.07
(in millions $) 30 Jun 2024 31 Mar 2024 31 Dec 2023 30 Sep 2023
Net income $626 $505 $456.2 $663.76
Operating activities
Depreciation $127 $130 $129.32 $129.28
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $1354 $608 $800.28 $1419.63
Investing activities
Capital expenditures -$66 -$35 -$87.79 -$66.83
Investments $5795 -$6767 $617.77 -$1606.97
Total cash flows from investing $5625 -$7082 $682.9 -$1907.43
Financing activities
Dividends paid -$225 -$221 -$215.66 -$215.97
Sale and purchase of stock
Net borrowings -$144 $2787 -$455.37 -$1411.04
Total cash flows from financing -$6896 $6438 -$1520.8 $408.27
Effect of exchange rate
Change in cash and equivalents $83 -$36 -$37.62 -$79.52
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $2636 $1891.47 $1776.98 $1279.07
Operating activities
Depreciation $497 $434.14 $324.21 $320.29
Business acquisitions & disposals $393.92
Stock-based compensation
Total cash flows from operations $3905 $4573.74 $2714.96 $789.19
Investing activities
Capital expenditures -$256 -$214.39 -$149.21 -$172.29
Investments -$7178 $17032.23 -$12972.08 -$21915.6
Total cash flows from investing -$7874 $16592.74 -$13631.6 -$22020.48
Financing activities
Dividends paid -$868 -$784.09 -$580.26 -$568.11
Sale and purchase of stock -$594 -$1800 -$373.75
Net borrowings $5972 $2704.34 -$856.03 -$2667.9
Total cash flows from financing $4180 -$20983.81 $10701.47 $21347.73
Effect of exchange rate
Change in cash and equivalents $211 $182.67 -$215.17 $116.44
Fundamentals
Market cap $35.99B
Enterprise value N/A
Shares outstanding 166.16M
Revenue $9.19B
EBITDA N/A
EBIT N/A
Net Income $2.26B
Revenue Q/Q -0.13%
Revenue Y/Y -4.64%
P/E ratio 15.91
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 3.91
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $13.61
ROA 1.07%
ROE N/A
Debt/Equity 6.73
Net debt/EBITDA N/A
Current ratio N/A
Quick ratio N/A