Discontinued — last reported Q4 '22

Business Segments · Noninterest Income Expense

Residential Mortgage Banking — Noninterest Income Expense

M&T Bank Residential Mortgage Banking — Noninterest Income Expense remained flat by 0.0% to $97.78M in Q4 2022 compared to the prior quarter. Year-over-year, this metric declined by 25.3%, from $130.94M to $97.78M. 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 2022Feb 22, 2023

How to read this metric

A positive value indicates that fee-based activities are profitable after accounting for operational costs.

Detailed definition

This represents the net balance of noninterest income and noninterest expenses for the residential mortgage banking segm...

Peer comparison

Similar to 'Net Noninterest Income' in segment performance analysis.

Metric ID: mtb_segment_residential_mortgage_banking_noninterest_income_expense

Historical Data

2 years
 FY'21FY'22
Value$523.77M$391.13M
YoY Change-25.3%
Range$391.13M$523.77M
Avg YoY Growth-25.3%
Median YoY Growth-25.3%

Frequently Asked Questions

What is M&T Bank's residential mortgage banking — noninterest income expense?
M&T Bank (MTB) reported residential mortgage banking — noninterest income expense of $97.78M in Q4 2022.
How has M&T Bank's residential mortgage banking — noninterest income expense changed year-over-year?
M&T Bank's residential mortgage banking — noninterest income expense decreased by 25.3% year-over-year, from $130.94M to $97.78M.
What does residential mortgage banking — noninterest income expense mean?
The net result of all non-interest income and expenses for the mortgage division.