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M&T Bank MTB Commercial Bank — Other direct expenses

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Other financials

Income statement

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Revenue$2.4B+5.9%
Net income$664.0M+13.7%
EPS (diluted)$4.13+24.4%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$28.0B-3.5%
Total assets$214.74B+2.1%

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$34.86B+12.6%
Enterprise value$45.33B+0.2%
P/E11.9×+0.4×
P/S3.6×+0.3×

Profitability

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Net margin29.8%+1.5pp
FCF margin32.2%-5.2pp

Returns & leverage

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Return on equity10.3%+0.9pp
Debt / equity+0.5×

Where this comes from

Reported directly by M&T Bank in its filing.

Tagged under the XBRL concept mtb:OtherDirectExpenses.

The official record: M&T Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's commercial bank — other direct expenses?
M&T Bank (MTB) reported commercial bank — other direct expenses of $78M in Q1 2026.
How has M&T Bank's commercial bank — other direct expenses changed year-over-year?
M&T Bank's commercial bank — other direct expenses increased by 16.4% year-over-year, from $67M to $78M.
What is the long-term trend for M&T Bank's commercial bank — other direct expenses?
Over 3 years (2022 to 2025), M&T Bank's commercial bank — other direct expenses has grown at a 9.8% compound annual growth rate (CAGR), from $213M to $282M.
What does commercial bank — other direct expenses mean?
These are operational costs directly attributable to the commercial banking segment that do not fall under personnel or depreciation categories. This includes items like professional fees, marketing, and specific technology costs related to commercial operations. It is a measure of the segment's controllable overhead.