Discontinued — last reported Q3 '23
Business Segments · Merchant Discount And Credit Card Fees
Business Banking — Merchant Discount And Credit Card Fees
M&T Bank Business Banking — Merchant Discount And Credit Card Fees increased by 0.6% to $17.02M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $16.23M to $17.02M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023Nov 6, 2023
How to read this metric
An increase suggests higher transaction volumes or improved fee structures, while a decrease may indicate lower client activity or increased competition.
Detailed definition
This metric represents the revenue generated from merchant processing services and credit card interchange fees within t...
Peer comparison
Commonly reported by regional and national banks as part of noninterest income from payment services.
Metric ID:
mtb_segment_business_banking_merchant_discount_and_credit_card_feesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.71M | $14.38M | $14.77M | $12.81M | $16.84M | $16.23M | $16.17M | $14.26M | $16.93M | $17.02M |
| QoQ Change | — | +4.8% | +2.8% | -13.3% | +31.5% | -3.6% | -0.4% | -11.8% | +18.7% | +0.6% |
| YoY Change | — | — | — | — | +22.8% | +12.9% | +9.4% | +11.3% | +0.5% | +4.8% |
Range$12.81M – $17.02M
CAGR+10.1%
Avg YoY Growth+10.3%
Median YoY Growth+10.4%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is M&T Bank's business banking — merchant discount and credit card fees?
- M&T Bank (MTB) reported business banking — merchant discount and credit card fees of $17.02M in Q3 2023.
- How has M&T Bank's business banking — merchant discount and credit card fees changed year-over-year?
- M&T Bank's business banking — merchant discount and credit card fees increased by 4.8% year-over-year, from $16.23M to $17.02M.
- What does business banking — merchant discount and credit card fees mean?
- Revenue earned from processing credit card transactions and merchant services for business clients.