Discontinued — last reported Q4 '22
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.
Higher net interest income indicates a favorable interest rate environment or effective management of funding costs.
This is the net interest income generated by the residential mortgage banking segment, calculated as interest earned on...
Standard 'Net Interest Income' for a business segment.
mtb_segment_residential_mortgage_banking_interest_income_expense_net| FY'21 | FY'22 | |
|---|---|---|
| Value | $92.71M | $41.14M |
| YoY Change | — | -55.6% |