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M&T Bank

MTB

M&T Bank Corp. is a prominent financial holding company that provides a comprehensive suite of retail and commercial banking, wealth management, and institutional trust services.

Market cap
$35.11B+8.0%
Revenue$9.8B+5.4%
Net income$2.9B+11.0%
Free cash flow$3.2B-9.3%
EPS (diluted)$17.85+19.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 15, 2026 (In 6 days)
Revenue estimate$2.5B
EPS estimate$4.66

Financials

Q1 2026

Income statement

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Revenue$2.4B+5.9%
Net income$664.0M+13.7%
EPS (diluted)$4.13+24.4%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$28.0B-3.5%
Total assets$214.74B+2.1%

Cash flow

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Operating cash flow$1.0B+59.4%
CapEx$96.0M+284%
Free cash flow$916.0M+50.2%

Valuation & ratios

Valuation

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Market cap$35.11B+8.0%
Enterprise value$45.59B-1.8%
P/E12×+0.1×
P/S3.6×+0.2×

Profitability

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Net margin29.8%+1.5pp
FCF margin32.2%-5.2pp

Returns & leverage

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Return on equity10.3%+0.9pp
Debt / equity+0.5×

Segments

By segment

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Retail Bank$1.2B-1.1%
Commercial Bank$728.0M+3.7%
Institutional Services and Wealth Management$377.0M-0.8%
All Other$169.0M+284%

By product

See full
Trust income$183.0M+3.4%
Service charges on deposit accounts$139.0M+4.5%
Merchant discount and credit card interchange fees$37.0M0.0%
Brokerage services income$35.0M+9.4%

Competitors

Profile

M&T Bank Corp. is a prominent financial holding company that provides a comprehensive suite of retail and commercial banking, wealth management, and institutional trust services. The company operates primarily through its principal subsidiaries, M&T Bank and Wilmington Trust, serving a diverse client base across the Eastern United States and parts of Canada. Its value proposition centers on localized commercial lending expertise combined with sophisticated fiduciary and asset management capabilities.

Competitive position

A leading regional bank in the Northeast and Mid-Atlantic regions with a significant presence in commercial real estate and trust services.

GeographiesUnited States, Canada
Customer segmentsRetail, SME, Enterprise, Public Sector
Business modelInterest Income, Fee-based Services, Asset Management Fees
SuppliersFederal Reserve System, Federal Home Loan Bank System, Depositors, Capital Markets
CustomersHomeowners, Real Estate Developers, Small Business Owners, Corporations, Municipalities
Listed1973
Employees21.9K
CEORene F. Jones
FilingsSEC EDGAR

Questions, answered.

What is M&T Bank's market cap?
M&T Bank (MTB) has a market capitalization of $35.1B and trades on NYSE.
What is M&T Bank's revenue and profitability?
M&T Bank generated $9.8B in trailing twelve-month revenue with net income of $2.9B, representing a net margin of 29.8%, with free cash flow of $3.2B. These figures are based on the Q1 2026 filing.
Who are M&T Bank's competitors?
M&T Bank's key competitors include PNC Financial Services Group, Inc., Citizens Financial Group, Inc., KeyCorp, and others. These companies compete in similar markets and product categories.
What subsidiaries does M&T Bank have?
M&T Bank's subsidiaries include M&T Bank, Wilmington Trust, N.A., M&T Realty Capital, and others.
Where is M&T Bank headquartered?
M&T Bank is headquartered in United States of America and employs approximately 21,927 people. It has been publicly traded since 1973.