Income Before Tax
Pre-Tax Income
M&T Bank Pre-Tax Income decreased by 11.1% to $863.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $761.00M to $863.00M. Over 4 years (FY 2021 to FY 2025), Pre-Tax Income shows an upward trend with a 10.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionIncome Before Tax
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ4 2013
Last reportedQ4 2025
How to read this metric
This provides a view of profitability that is not skewed by varying tax rates or one-time tax credits.
Detailed definition
A company's profits before the deduction of corporate income tax. It combines operating performance with non-operating f...
Peer comparison
Used to compare companies across different tax jurisdictions to see who generates more raw profit.
Metric ID:
income_before_taxHistorical 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 | $605.63M | $657.04M | $599.78M | $475.32M | $277.66M | $847.52M | $1.01B | $926.00M | $1.16B | $907.00M | $627.00M | $664.00M | $855.00M | $909.00M | $882.00M | $761.00M | $935.00M | $1.03B | $971.00M | $863.00M |
| QoQ Change | — | +8.5% | -8.7% | -20.8% | -41.6% | +205.2% | +19.3% | -8.5% | +25.2% | -21.7% | -30.9% | +5.9% | +28.8% | +6.3% | -3.0% | -13.7% | +22.9% | +9.6% | -5.3% | -11.1% |
| YoY Change | — | — | — | — | -54.2% | +29.0% | +68.6% | +94.8% | +317.4% | +7.0% | -38.0% | -28.3% | -26.2% | +0.2% | +40.7% | +14.6% | +9.4% | +12.8% | +10.1% | +13.4% |
Range$277.66M – $1.16B
CAGR+7.7%
Avg YoY Growth+29.5%
Median YoY Growth+11.4%
Current Streak2 quarters decline
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Retail Bank | $635.00M | $601.00M | $474.00M | $465.00M | $503.00M | $502.00M | $461.00M | $460.00M |
| Commercial Bank | $281.00M | $326.00M | $310.00M | $315.00M | $313.00M | $310.00M | $290.00M | $339.00M |
| Institutional Services and Wealth Management | $195.00M | $184.00M | — | $162.00M | $172.00M | $190.00M | — | $151.00M |
| All Other | — | — | — | -$181.00M | -$53.00M | $23.00M | — | -$87.00M |
| Total | $855.00M | $909.00M | $882.00M | $761.00M | $935.00M | $1.03B | $971.00M | $863.00M |
Pre-Tax Income at Other Companies
Frequently Asked Questions
- What is M&T Bank's pre-tax income?
- M&T Bank (MTB) reported pre-tax income of $863.00M in Q1 2026.
- How has M&T Bank's pre-tax income changed year-over-year?
- M&T Bank's pre-tax income increased by 13.4% year-over-year, from $761.00M to $863.00M.
- What is the long-term trend for M&T Bank's pre-tax income?
- Over 4 years (2021 to 2025), M&T Bank's pre-tax income has grown at a 10.7% compound annual growth rate (CAGR), from $2.46B to $3.69B.
- What does pre-tax income mean?
- The total profit a company made before paying its income taxes.