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M&T Bank MTB Institutional Services and Wealth Management — Indirect expense

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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+12.2%
Enterprise value$45.33B-0.1%
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 mtb:IndirectExpenseIncome.

The official record: M&T Bank’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is M&T Bank's institutional services and wealth management — indirect expense?
M&T Bank (MTB) reported institutional services and wealth management — indirect expense of $80M in Q1 2026.
How has M&T Bank's institutional services and wealth management — indirect expense changed year-over-year?
M&T Bank's institutional services and wealth management — indirect expense decreased by 1.2% year-over-year, from $81M to $80M.
What is the long-term trend for M&T Bank's institutional services and wealth management — indirect expense?
Over 3 years (2022 to 2025), M&T Bank's institutional services and wealth management — indirect expense has grown at a 4.5% compound annual growth rate (CAGR), from $272M to $310M.
What does institutional services and wealth management — indirect expense mean?
This represents the allocation of corporate overhead and shared services costs to the institutional services and wealth management segment. It reflects the segment's share of centralized bank functions like IT, HR, and legal support.