Discontinued — last reported Q3 '23
Business Segments · Noninterest Income
Residential Mortgage Banking — Noninterest Income
M&T Bank Residential Mortgage Banking — Noninterest Income decreased by 40.8% to $125.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 77.6%, from $558.00K to $125.00K. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ3 2023
Rolls up toTotal noninterest income
How to read this metric
Higher income suggests strong mortgage origination volume or effective servicing fee capture.
Detailed definition
This represents the total fee-based revenue generated by the residential mortgage banking segment, excluding interest in...
Peer comparison
Commonly reported as 'Mortgage Banking Revenue' or 'Noninterest Income' in peer bank segment disclosures.
Metric ID:
mtb_segment_residential_mortgage_banking_noninterest_incomeHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.45M | $1.50M | $1.50M | $1.73M | $1.13M | $558.00K | $0.00 | $340.00K | $211.00K | $125.00K |
| QoQ Change | — | +3.7% | -0.3% | +15.6% | -34.9% | -50.4% | -100.0% | — | -37.9% | -40.8% |
| YoY Change | — | — | — | — | -22.2% | -62.8% | -100.0% | -80.3% | -81.3% | -77.6% |
Range$0.00 – $1.73M
CAGR-66.3%
Avg YoY Growth-70.7%
Median YoY Growth-79.0%
Current Streak6 quarters decline
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Frequently Asked Questions
- What is M&T Bank's residential mortgage banking — noninterest income?
- M&T Bank (MTB) reported residential mortgage banking — noninterest income of $125.00K in Q3 2023.
- How has M&T Bank's residential mortgage banking — noninterest income changed year-over-year?
- M&T Bank's residential mortgage banking — noninterest income decreased by 77.6% year-over-year, from $558.00K to $125.00K.
- What does residential mortgage banking — noninterest income mean?
- Total fee-based revenue earned by the residential mortgage division, excluding interest.