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M&T Bank MTB FDIC-related expense

FDIC-related expense at other companies

First Citizens BancShares logo
First Citizens BancSharesFCNCA
$38M0.0%
M&T Bank logo
M&T BankMTB
$23M0.0%
Truist Financial logo
Truist FinancialTFC
$68M-1.4%
Amalgamated Financial Corp. logo
Amalgamated Financial Corp.AMAL
$1.01M+11.7%
Banner Corporation logo
Banner CorporationBANR
$2.72M-2.9%
Oruka Therapeutics, Inc. logo
Oruka Therapeutics, Inc.ORKA
$62.5K-75.0%

Other financials

Income statement

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Revenue$2.5B+5.7%
Net income$818.0M+14.2%
EPS (diluted)$5.32+25.5%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$27.9B-2.0%
Total assets$219.26B+3.6%

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

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Market cap$36.38B+25.5%
P/E12×+1.3×
P/S3.7×+0.6×

Profitability

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Net margin30.4%+1.8pp
FCF margin32.2%-5.2pp

Returns & leverage

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Return on equity10.7%+1.3pp
Debt / equity+0.5×

FAQ

What does fdic-related expense mean?
This metric represents the mandatory assessments and insurance premiums paid to the Federal Deposit Insurance Corporation to protect customer deposits. These costs are determined by the bank's risk profile and total deposit base. It is a non-discretionary cost of operating as a regulated depository institution.