M&T Bank Institutional Services and Wealth Management — Income taxes remained flat by 0.0% to $39.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.9%, from $41.00M to $39.00M. Over 4 years (FY 2021 to FY 2025), Institutional Services and Wealth Management — Income taxes shows an upward trend with a 45.9% CAGR.
Changes generally track with pre-tax income fluctuations, though shifts in effective tax rates can also impact this figure.
This represents the tax expense allocated to the institutional services and wealth management segment based on its pre-t...
Standard tax expense allocation; comparable to tax provisions in other business segments of peer banks.
mtb_segment_institutional_services_and_wealth_management_income_taxes| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.50M | $9.50M | $9.50M | $35.50M | $35.50M | $35.50M | $35.50M | $54.50M | $54.50M | $54.50M | $54.50M | $44.00M | $51.00M | $47.00M | $43.00M | $41.00M | $44.00M | $48.00M | $39.00M | $39.00M |
| QoQ Change | — | +0.0% | +0.0% | +273.7% | +0.0% | +0.0% | +0.0% | +53.5% | +0.0% | +0.0% | +0.0% | -19.3% | +15.9% | -7.8% | -8.5% | -4.7% | +7.3% | +9.1% | -18.8% | +0.0% |
| YoY Change | — | — | — | — | +273.7% | +273.7% | +273.7% | +53.5% | +53.5% | +53.5% | +53.5% | -19.3% | -6.4% | -13.8% | -21.1% | -6.8% | -13.7% | +2.1% | -9.3% | -4.9% |