Discontinued — last reported Q3 '23
Business Segments · Revenue
Residential Mortgage Banking — Revenue
M&T Bank Residential Mortgage Banking — Revenue decreased by 2.1% to $100.44M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $95.09M to $100.44M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ3 2023Nov 6, 2023
Rolls up toTotal Revenue
How to read this metric
Growth indicates an expanding market share or increased activity in mortgage lending and servicing.
Detailed definition
This is the aggregate top-line revenue for the residential mortgage banking segment, combining both net interest income...
Peer comparison
Standard across the banking industry as 'Total Segment Revenue'.
Metric ID:
mtb_segment_residential_mortgage_banking_revenuesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $146.68M | $159.21M | $156.82M | $137.44M | $113.87M | $95.09M | $85.86M | $77.65M | $102.56M | $100.44M |
| QoQ Change | — | +8.5% | -1.5% | -12.4% | -17.1% | -16.5% | -9.7% | -9.6% | +32.1% | -2.1% |
| YoY Change | — | — | — | — | -22.4% | -40.3% | -45.3% | -43.5% | -9.9% | +5.6% |
Range$77.65M – $159.21M
CAGR-15.5%
Avg YoY Growth-26.0%
Median YoY Growth-31.3%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is M&T Bank's residential mortgage banking — revenue?
- M&T Bank (MTB) reported residential mortgage banking — revenue of $100.44M in Q3 2023.
- How has M&T Bank's residential mortgage banking — revenue changed year-over-year?
- M&T Bank's residential mortgage banking — revenue increased by 5.6% year-over-year, from $95.09M to $100.44M.
- What does residential mortgage banking — revenue mean?
- The total revenue generated by the residential mortgage division from all sources.