Discontinued — last reported Q4 '22
M&T Bank Residential Mortgage Banking — Average Assets remained flat by 0.0% to $996.50M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 38.3%, from $1.62B to $996.50M.
An increase suggests growth in the mortgage portfolio or servicing assets, while a decrease may indicate a reduction in lending activity or asset sales.
This metric measures the average value of assets held by the residential mortgage banking segment over a specific report...
Comparable to average segment assets reported by peers with similar mortgage banking business models.
mtb_segment_residential_mortgage_banking_average_assets| FY'21 | FY'22 | |
|---|---|---|
| Value | $6.46B | $3.99B |
| YoY Change | — | -38.3% |