Discontinued — last reported Q3 '23
Business Segments · Merchant Discount And Credit Card Fees
Retail Banking — Merchant Discount And Credit Card Fees
M&T Bank Retail Banking — Merchant Discount And Credit Card Fees decreased by 22.5% to $4.80M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 30.2%, from $6.87M to $4.80M. 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
How to read this metric
An increase signals higher consumer spending or growth in the bank's merchant services client base.
Detailed definition
This captures the specific fee revenue generated from merchant processing services and credit card interchange fees with...
Peer comparison
Commonly reported as 'Card Fees' or 'Merchant Services Revenue' by retail and commercial banks.
Metric ID:
mtb_segment_retail_banking_merchant_discount_and_credit_card_feesHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $5.91M | $5.91M | $5.11M | $4.51M | $8.02M | $6.87M | $5.05M | $5.36M | $6.19M | $4.80M |
| QoQ Change | — | +0.1% | -13.6% | -11.7% | +77.9% | -14.3% | -26.6% | +6.2% | +15.4% | -22.5% |
| YoY Change | — | — | — | — | +35.8% | +16.3% | -1.2% | +18.9% | -22.9% | -30.2% |
Range$4.51M – $8.02M
CAGR-8.9%
Avg YoY Growth+2.8%
Median YoY Growth+7.5%
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Frequently Asked Questions
- What is M&T Bank's retail banking — merchant discount and credit card fees?
- M&T Bank (MTB) reported retail banking — merchant discount and credit card fees of $4.80M in Q3 2023.
- How has M&T Bank's retail banking — merchant discount and credit card fees changed year-over-year?
- M&T Bank's retail banking — merchant discount and credit card fees decreased by 30.2% year-over-year, from $6.87M to $4.80M.
- What does retail banking — merchant discount and credit card fees mean?
- Revenue earned from processing credit card transactions and merchant services.