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M&T Bank MTB Institutional Services and Wealth Management — Other direct expenses

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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 mtb:OtherDirectExpenses.

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 — other direct expenses?
M&T Bank (MTB) reported institutional services and wealth management — other direct expenses of $35M in Q1 2026.
How has M&T Bank's institutional services and wealth management — other direct expenses changed year-over-year?
M&T Bank's institutional services and wealth management — other direct expenses increased by 34.6% year-over-year, from $26M to $35M.
What is the long-term trend for M&T Bank's institutional services and wealth management — other direct expenses?
Over 3 years (2022 to 2025), M&T Bank's institutional services and wealth management — other direct expenses has grown at a -15.1% compound annual growth rate (CAGR), from $211M to $129M.
What does institutional services and wealth management — other direct expenses mean?
This captures miscellaneous operating costs directly attributable to the institutional services and wealth management segment that are not classified as personnel or depreciation. These may include marketing, professional services, technology licensing, and other administrative overheads.