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M&T Bank MTB Institutional Services and Wealth Management — Goodwill

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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 us-gaap:Goodwill.

The official record: M&T Bank’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's institutional services and wealth management — goodwill?
M&T Bank (MTB) reported institutional services and wealth management — goodwill of $300M in Q4 2025.
What does institutional services and wealth management — goodwill mean?
This metric represents the intangible asset value recorded when the Institutional Services and Wealth Management segment was acquired or expanded through business combinations, reflecting the premium paid over the fair value of net identifiable assets. It captures the value of brand reputation, client relationships, and intellectual capital inherent in the segment. Investors monitor this to assess the long-term value of past acquisitions and potential risks related to future impairment charges.