Discontinued — last reported Q4 '22
Business Segments · Income Tax Expense Benefit
Business Banking — Income Tax Expense Benefit
M&T Bank Business Banking — Income Tax Expense Benefit remained flat by 0.0% to $27.64M in Q4 2022 compared to the prior quarter. Year-over-year, this metric grew by 46.4%, from $18.89M to $27.64M.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ4 2022
Rolls up toIncome Tax
How to read this metric
Fluctuations generally track with pre-tax income levels, though changes in effective tax rates can also influence this figure.
Detailed definition
This represents the income tax expense or benefit allocated to the Business Banking segment based on its pre-tax earning...
Peer comparison
Standard tax allocation metric found in segment reporting for most financial institutions.
Metric ID:
mtb_segment_business_banking_income_tax_expense_benefitHistorical Data
2 years
| FY'21 | FY'22 | |
|---|---|---|
| Value | $75.55M | $110.58M |
| YoY Change | — | +46.4% |
Range$75.55M – $110.58M
Avg YoY Growth+46.4%
Median YoY Growth+46.4%
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Frequently Asked Questions
- What is M&T Bank's business banking — income tax expense benefit?
- M&T Bank (MTB) reported business banking — income tax expense benefit of $27.64M in Q4 2022.
- How has M&T Bank's business banking — income tax expense benefit changed year-over-year?
- M&T Bank's business banking — income tax expense benefit increased by 46.4% year-over-year, from $18.89M to $27.64M.
- What does business banking — income tax expense benefit mean?
- The income tax costs or benefits assigned to the Business Banking segment.