Discontinued — last reported Q4 '22
M&T Bank Discretionary Portfolio — Income Tax Expense Benefit remained flat by 0.0% to -$1.30M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 105.9%, from $21.92M to -$1.30M.
Changes often track with fluctuations in segment pre-tax income, though significant deviations may signal changes in tax strategy or effective tax rates.
This represents the total income tax expense or benefit allocated specifically to the Discretionary Portfolio segment. I...
Standard segment-level tax reporting consistent with GAAP requirements for business unit disclosures.
mtb_segment_discretionary_portfolio_income_tax_expense_benefit| FY'21 | FY'22 | |
|---|---|---|
| Value | $87.67M | -$5.18M |
| YoY Change | — | -105.9% |