Discontinued — last reported Q1 '26

Business Segments · Income Tax Expense Benefit

Retail Banking — Income Tax Expense Benefit

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.

Analysis

StatementSegment
CategoryOther
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026
Rolls up toIncome Tax

How to read this metric

Changes generally track with pre-tax income levels, though significant deviations may indicate changes in effective tax rates or tax credit utilization.

Detailed definition

This metric represents the portion of the retail banking segment's earnings allocated to income tax obligations. It refl...

Peer comparison

Standard tax expense reporting required for all business segments under GAAP.

Metric ID: mtb_segment_retail_banking_income_tax_expense_benefit

Historical Data

7 periods
 Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q1 '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%
Range$116.00M$163.00M
CAGR-17.6%
Avg YoY Growth-16.4%
Median YoY Growth-20.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is M&T Bank's retail banking — income tax expense benefit?
M&T Bank (MTB) reported retail banking — income tax expense benefit of $116.00M in Q1 2026.
How has M&T Bank's retail banking — income tax expense benefit changed year-over-year?
M&T Bank's retail banking — income tax expense benefit decreased by 1.7% year-over-year, from $118.00M to $116.00M.
What does retail banking — income tax expense benefit mean?
The total income tax expense incurred by the retail banking segment.