Supplemental

Taxes Paid

M&T Bank Taxes Paid decreased by 84.2% to $34.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 51.4%, from $70.00M to $34.00M. Over 4 years (FY 2021 to FY 2025), Taxes Paid shows an upward trend with a 13.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementCash Flow Statement
SectionSupplemental
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2025

How to read this metric

High cash taxes relative to earnings may indicate limited tax planning opportunities or specific jurisdictional tax requirements.

Detailed definition

The actual cash outflow for income taxes during the period, which may differ from the tax expense reported on the income...

Peer comparison

Comparable across peers in the same tax jurisdictions; useful for calculating effective cash tax rates.

Metric ID: income_taxes_paid

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$180.04M$74.52M$35.51M$33.64M$198.05M$131.18M$124.75M$22.47M$306.73M$101.60M$21.20M$41.00M$65.00M$134.00M$0.00$70.00M$80.00M$164.00M$215.00M$34.00M
QoQ Change-58.6%-52.3%-5.3%+488.8%-33.8%-4.9%-82.0%>999%-66.9%-79.1%+93.4%+58.5%+106.2%-100.0%+14.3%+105.0%+31.1%-84.2%
YoY Change+10.0%+76.0%+251.3%-33.2%+54.9%-22.5%-83.0%+82.4%-78.8%+31.9%-100.0%+70.7%+23.1%+22.4%-51.4%
Range$0.00$306.73M
CAGR-29.6%
Avg YoY Growth+16.9%
Median YoY Growth+22.4%

Frequently Asked Questions

What is M&T Bank's taxes paid?
M&T Bank (MTB) reported taxes paid of $34.00M in Q1 2026.
How has M&T Bank's taxes paid changed year-over-year?
M&T Bank's taxes paid decreased by 51.4% year-over-year, from $70.00M to $34.00M.
What is the long-term trend for M&T Bank's taxes paid?
Over 4 years (2021 to 2025), M&T Bank's taxes paid has grown at a 13.9% compound annual growth rate (CAGR), from $314.30M to $529.00M.
What does taxes paid mean?
The actual cash paid to tax authorities during the period.