Discontinued — last reported Q1 '26
M&T Bank Retail Banking — Income Tax Expense Benefit decreased by 7.9% to $116.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $118.00M to $116.00M.
Changes generally track with pre-tax income levels, though significant deviations may indicate changes in effective tax rates or tax credit utilization.
This metric represents the portion of the retail banking segment's earnings allocated to income tax obligations. It refl...
Standard tax expense reporting required for all business segments under GAAP.
mtb_segment_retail_banking_income_tax_expense_benefit| Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|
| Value | $155.00M | $163.00M | $155.00M | $118.00M | $128.00M | $126.00M | $116.00M |
| QoQ Change | — | +5.2% | -4.9% | -23.9% | +8.5% | -1.6% | -7.9% |
| YoY Change | — | — | — | -23.9% | -21.5% | -18.7% | -1.7% |