What is M&T Bank's hospitality — average asset?

M&T Bank (MTB) reported hospitality — average asset of $1.17B in Q3 2022.

What does hospitality — average asset mean?

This metric represents the average balance of assets held within the bank's hospitality-focused commercial lending portfolio over a specific reporting period. It captures the scale of the bank's exposure to the lodging and tourism sector, reflecting the capital allocated to financing hotels, resorts, and related commercial real estate properties. Monitoring this balance helps assess the bank's concentration risk and growth strategy within the cyclical hospitality industry.

M&T Bank MTB Hospitality — Average Asset

Discontinued — last reported Q3 '22

Similar metrics at other companies

RHP

RHPHospitality — Total Assets

$5.01B+25.1%

WFCCommercial Banking — Assets, Average Outstanding

$252.8B+2.5%

FHNCorporate — Average assets

$13.99B+1.7%

FHNCommercial, Consumer & Wealth — Average assets

$59B+0.5%

BKOther — Average assets

$68.48B+4.9%

PNCAverage assets (a)

$601.46B+8.1%

Other financials

Income statement

See full

Revenue$2.4B+5.9%

Net income$664.0M+13.7%

EPS (diluted)$4.13+24.4%

Balance sheet

See full

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

See full

Operating cash flow$1.0B+59.4%

CapEx$96.0M+284%

Free cash flow$916.0M+50.2%

Valuation

See full

Market cap$32.97B+4.5%

Enterprise value$43.45B+104%

P/E11.3×-0.7×

P/S3.4×0.0×

Profitability

See full

Net margin29.8%+1.5pp

FCF margin32.2%-5.2pp

Returns & leverage

See full

Return on equity10.3%+0.9pp

Debt / equity1×+0.5×

Where this comes from

Reported directly by M&T Bank in its filing.

Tagged under the XBRL concept mtb:AverageAsset.

The official record: M&T Bank’s 10-Q, filed November 6, 2023, on SEC EDGAR. View the filing →

Ask your AI about M&T Bank's hospitality — average asset.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is M&T Bank's hospitality — average asset?: M&T Bank (MTB) reported hospitality — average asset of $1.17B in Q3 2022.
What does hospitality — average asset mean?: This metric represents the average balance of assets held within the bank's hospitality-focused commercial lending portfolio over a specific reporting period. It captures the scale of the bank's exposure to the lodging and tourism sector, reflecting the capital allocated to financing hotels, resorts, and related commercial real estate properties. Monitoring this balance helps assess the bank's concentration risk and growth strategy within the cyclical hospitality industry.