Discontinued — last reported Q3 '23
Business Segments · Merchant Discount And Credit Card Fees
Commercial Banking — Merchant Discount And Credit Card Fees
M&T Bank Commercial Banking — Merchant Discount And Credit Card Fees increased by 9.7% to $19.49M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $17.73M to $19.49M. 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
Growth indicates increased adoption of the bank's payment services by commercial clients, signaling stronger client relationships.
Detailed definition
This represents revenue generated from transaction processing services and credit card programs offered to commercial cl...
Peer comparison
Commonly reported as 'Card Fees' or 'Merchant Services Revenue' in banking segment disclosures.
Metric ID:
mtb_segment_commercial_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 | $14.44M | $14.97M | $15.35M | $13.46M | $16.85M | $17.73M | $19.39M | $15.79M | $17.77M | $19.49M |
| QoQ Change | — | +3.7% | +2.6% | -12.3% | +25.2% | +5.2% | +9.4% | -18.6% | +12.5% | +9.7% |
| YoY Change | — | — | — | — | +16.8% | +18.4% | +26.3% | +17.3% | +5.4% | +9.9% |
Range$13.46M – $19.49M
CAGR+14.3%
Avg YoY Growth+15.7%
Median YoY Growth+17.0%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is M&T Bank's commercial banking — merchant discount and credit card fees?
- M&T Bank (MTB) reported commercial banking — merchant discount and credit card fees of $19.49M in Q3 2023.
- How has M&T Bank's commercial banking — merchant discount and credit card fees changed year-over-year?
- M&T Bank's commercial banking — merchant discount and credit card fees increased by 9.9% year-over-year, from $17.73M to $19.49M.
- What does commercial banking — merchant discount and credit card fees mean?
- Revenue earned by the commercial segment from processing merchant transactions and managing credit card services.