Discontinued — last reported Q3 '23
Business Segments · Average Asset
Residential Mortgage Banking — Average Asset
M&T Bank Residential Mortgage Banking — Average Asset increased by 0.8% to $2.75B in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 37.2%, from $4.37B to $2.75B.
Analysis
StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ3 2023Nov 6, 2023
Rolls up toTotal Average Assets
How to read this metric
An increase suggests a larger portfolio of mortgage assets, which may imply higher future interest income potential.
Detailed definition
This metric reflects the average value of assets held within the residential mortgage banking segment over a specific re...
Peer comparison
Comparable to 'Average Segment Assets' reported by regional and national banks.
Metric ID:
mtb_segment_residential_mortgage_banking_average_assetHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.64B | $6.58B | $6.46B | $6.25B | $5.01B | $4.37B | $3.99B | $2.61B | $2.72B | $2.75B |
| QoQ Change | — | -0.8% | -1.8% | -3.3% | -19.8% | -12.8% | -8.8% | -34.6% | +4.5% | +0.8% |
| YoY Change | — | — | — | — | -24.5% | -33.6% | -38.3% | -58.3% | -45.7% | -37.2% |
Range$2.61B – $6.64B
CAGR-32.4%
Avg YoY Growth-39.6%
Median YoY Growth-37.7%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is M&T Bank's residential mortgage banking — average asset?
- M&T Bank (MTB) reported residential mortgage banking — average asset of $2.75B in Q3 2023.
- How has M&T Bank's residential mortgage banking — average asset changed year-over-year?
- M&T Bank's residential mortgage banking — average asset decreased by 37.2% year-over-year, from $4.37B to $2.75B.
- What does residential mortgage banking — average asset mean?
- The average value of assets managed by the residential mortgage division during the period.