Discontinued — last reported Q4 '22

Business Segments · Interest Income Expense Net

Residential Mortgage Banking — Interest Income Expense Net

M&T Bank Residential Mortgage Banking — Interest Income Expense Net remained flat by 0.0% to $10.28M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 55.6%, from $23.18M to $10.28M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ4 2022

How to read this metric

Higher net interest income indicates a favorable interest rate environment or effective management of funding costs.

Detailed definition

This is the net interest income generated by the residential mortgage banking segment, calculated as interest earned on...

Peer comparison

Standard 'Net Interest Income' for a business segment.

Metric ID: mtb_segment_residential_mortgage_banking_interest_income_expense_net

Historical Data

2 years
 FY'21FY'22
Value$92.71M$41.14M
YoY Change-55.6%
Range$41.14M$92.71M
Avg YoY Growth-55.6%
Median YoY Growth-55.6%

Frequently Asked Questions

What is M&T Bank's residential mortgage banking — interest income expense net?
M&T Bank (MTB) reported residential mortgage banking — interest income expense net of $10.28M in Q4 2022.
How has M&T Bank's residential mortgage banking — interest income expense net changed year-over-year?
M&T Bank's residential mortgage banking — interest income expense net decreased by 55.6% year-over-year, from $23.18M to $10.28M.
What does residential mortgage banking — interest income expense net mean?
The net profit earned from interest on mortgage loans after deducting funding costs.