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M&T Bank MTB Institutional Services And Wealth Management — Average Assets

Discontinued — last reported Q4 '23

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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$32.97B+4.5%
Enterprise value$43.45B+104%
P/E11.3×-0.7×
P/S3.4×0.0×

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:AverageAssets.

The official record: M&T Bank’s 10-K, filed February 21, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's institutional services and wealth management — average assets?
M&T Bank (MTB) reported institutional services and wealth management — average assets of $918.75M in Q4 2023.
How has M&T Bank's institutional services and wealth management — average assets changed year-over-year?
M&T Bank's institutional services and wealth management — average assets increased by 2.1% year-over-year, from $899.5M to $918.75M.
What is the long-term trend for M&T Bank's institutional services and wealth management — average assets?
Over 2 years (2021 to 2023), M&T Bank's institutional services and wealth management — average assets has grown at a 6.2% compound annual growth rate (CAGR), from $3.26B to $3.68B.
What does institutional services and wealth management — average assets mean?
The average size of the segment's asset base during the period.
How do you interpret institutional services and wealth management — average assets?
Growth in average assets typically indicates business expansion or increased client deposits/investments, while a decline may signal asset liquidation or reduced market share.
How does institutional services and wealth management — average assets compare across companies?
Standard metric for measuring the scale of banking business segments.