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Discontinued — last reported Q3 '22

Products & Services · Derivative Fair Value Of Derivative Asset

Mortgage Banking — Derivative Fair Value Of Derivative Asset

M&T Bank Mortgage Banking — Derivative Fair Value Of Derivative Asset increased by 51.4% to $56.17M in Q3 2022 compared to the prior quarter.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ4 2021
Last reportedQ3 2022Nov 7, 2022

How to read this metric

An increase suggests that hedging positions are gaining value, potentially offsetting losses in the underlying mortgage portfolio, while a decrease indicates a reduction in the value of these hedging assets.

Detailed definition

This represents the fair market value of derivative financial instruments held within the mortgage banking segment that...

Peer comparison

Comparable to derivative asset fair values reported in the mortgage banking or treasury segments of peer financial institutions.

Metric ID: mtb_segment_mortgage_banking_derivative_fair_value_of_derivative_asset

Historical Data

3 periods
 Q4 '21Q2 '22Q3 '22
Value$11.73M$37.09M$56.17M
QoQ Change+216.3%+51.4%
Range$11.73M$56.17M
Current Streak2+ quarters growth

Frequently Asked Questions

What is M&T Bank's mortgage banking — derivative fair value of derivative asset?
M&T Bank (MTB) reported mortgage banking — derivative fair value of derivative asset of $56.17M in Q3 2022.
What does mortgage banking — derivative fair value of derivative asset mean?
The current market value of derivative assets held to hedge mortgage-related interest rate risks.