Operating Expenses
Compensation and benefits
M&T Bank Compensation and benefits increased by 13.0% to $914.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.0%, from $887.00M to $914.00M. Over 4 years (FY 2021 to FY 2025), Compensation and benefits shows an upward trend with a 13.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase often reflects headcount growth or higher performance-based incentives, while a decrease may indicate efficiency initiatives or workforce reductions.
Detailed definition
Includes all salaries, wages, bonuses, stock-based compensation, and employee benefit costs for the workforce. This is t...
Peer comparison
Highly comparable across all sectors; usually found under 'Personnel' or 'Staffing' expenses.
Metric ID:
compensation_and_benefitsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $479.13M | $510.42M | $515.37M | $577.52M | $776.20M | $736.35M | $696.93M | $808.00M | $738.00M | $727.00M | $724.00M | $833.00M | $764.00M | $775.00M | $790.00M | $887.00M | $813.00M | $833.00M | $809.00M | $914.00M |
| QoQ Change | — | +6.5% | +1.0% | +12.1% | +34.4% | -5.1% | -5.4% | +15.9% | -8.7% | -1.5% | -0.4% | +15.1% | -8.3% | +1.4% | +1.9% | +12.3% | -8.3% | +2.5% | -2.9% | +13.0% |
| YoY Change | — | — | — | — | +62.0% | +44.3% | +35.2% | +39.9% | -4.9% | -1.3% | +3.9% | +3.1% | +3.5% | +6.6% | +9.1% | +6.5% | +6.4% | +7.5% | +2.4% | +3.0% |
Range$479.13M – $914.00M
CAGR+14.6%
Avg YoY Growth+14.2%
Median YoY Growth+6.4%
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| All Other | $434.00M | $355.00M | $357.00M | $340.00M | $463.00M |
| Retail Bank | $196.00M | $201.00M | $204.00M | $202.00M | $197.00M |
| Commercial Bank | $151.00M | $150.00M | $160.00M | $156.00M | $145.00M |
| Institutional Services and Wealth Management | $106.00M | $107.00M | $112.00M | — | $109.00M |
| Total | $887.00M | $813.00M | $833.00M | $809.00M | $914.00M |
Compensation and benefits at Other Companies
Frequently Asked Questions
- What is M&T Bank's compensation and benefits?
- M&T Bank (MTB) reported compensation and benefits of $914.00M in Q1 2026.
- How has M&T Bank's compensation and benefits changed year-over-year?
- M&T Bank's compensation and benefits increased by 3.0% year-over-year, from $887.00M to $914.00M.
- What is the long-term trend for M&T Bank's compensation and benefits?
- Over 4 years (2021 to 2025), M&T Bank's compensation and benefits has grown at a 13.1% compound annual growth rate (CAGR), from $2.05B to $3.34B.
- What does compensation and benefits mean?
- The total cost of employee salaries, bonuses, and benefits.