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M&T Bank MTB Contract with Customer, Liability

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Other financials

Income statement

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Revenue$2.5B+5.7%
Net income$818.0M+14.2%
EPS (diluted)$5.32+25.5%

Balance sheet

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Cash & equivalents$16.3B-28.2%
Total debt$26.8B+97.7%
Total equity$27.9B-2.0%
Total assets$219.26B+3.6%

Cash flow

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Operating cash flow$1.0B+59.4%
CapEx$96.0M+284%
Free cash flow$916.0M+50.2%

Valuation

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Market cap$36.12B+24.6%
P/E11.9×+1.2×
P/S3.6×+0.5×

Profitability

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Net margin30.4%+1.8pp
FCF margin32.2%-5.2pp

Returns & leverage

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Return on equity10.7%+1.3pp
Debt / equity+0.5×

Where this comes from

Reported directly by M&T Bank in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: M&T Bank’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 11:33 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000036270-26-000034

The Company generally charges customer accounts or otherwise bills customers upon completion of its services. Typically, the Company’s contracts with customers have a duration of one year or less and payment for services is received at least annually, but oftentimes more frequently as services are provided. At March 31, 2026 and December 31, 2025, the Company had $73 million and $75 million, respectively, of amounts receivable related to recognized revenue from the sources in the accompanying tables. Such amounts are included in Accrued interest and other assets in the Company's Consolidated Balance Sheet. In certain situations the Company is paid in advance of providing services and defers the recognition of revenue until its service obligation is satisfied. At March 31, 2026 and December 31, 2025, the Company had deferred revenue of $52 million and $54 million, respectively, related to the sources in the accompanying tables included in Accrued interest and other liabilities in the Company's Consolidated Balance Sheet.

Item 1. Financial Statements (Unaudited).

FAQ

What is M&T Bank's contract with customer, liability?
M&T Bank (MTB) reported contract with customer, liability of $52M in Q1 2026.
How has M&T Bank's contract with customer, liability changed year-over-year?
M&T Bank's contract with customer, liability decreased by 5.5% year-over-year, from $55M to $52M.

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