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M&T Bank MTB Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Net Income by Business
All Other$76M+2,433%$3M+103%-$110M+57.2%-$257M+36.5%-$405M+24.2%
Commercial Bank$923M+2.1%$904M-1.3%$916M-1.2%$927M+2.9%$901M+3.4%
Institutional Services and Wealth Management$493M-1.8%$502M-2.9%$517M+1.0%$512M-3.0%$528M-1.3%
Retail Bank$1.44B-0.2%$1.44B-0.6%$1.45B-4.6%$1.52B-6.0%$1.62B-5.8%
Net Interest Income by Business
All Other$282M+45.4%$194M+246%$56M+155%-$101M+59.3%-$248M+37.4%
Commercial Bank$2.16B+0.3%$2.15B-0.3%$2.16B-0.6%$2.17B-1.0%$2.19B-0.9%
Institutional Services and Wealth Management$640M-2.3%$655M-4.1%$683M-3.1%$705M-3.8%$733M-2.0%
Retail Bank$3.93B-0.6%$3.95B-1.3%$4B-2.2%$4.09B-2.4%$4.19B-2.3%
Noninterest income by Business
All Other$156M+31.1%$119M-21.2%$151M+19.8%$126M+8.6%$116M-14.7%
Commercial Bank$815M+2.5%$795M+3.0%$772M+5.0%$735M+5.9%$694M+3.3%
Institutional Services and Wealth Management$919M+1.3%$907M+2.5%$885M+4.7%$845M+2.2%$827M+2.2%
Retail Bank$930M+1.0%$921M+2.9%$895M+5.2%$851M+3.7%$821M+1.4%
Income taxes by Business
All Other-$123M+14.6%-$144M+16.3%-$172M+31.2%-$250M+18.0%-$305M+19.9%
Commercial Bank$329M+1.5%$324M-2.4%$332M-1.5%$337M+1.8%$331M+2.5%
Institutional Services and Wealth Management$170M-1.2%$172M-2.3%$176M+0.6%$175M-3.8%$182M-1.6%
Retail Bank$487M-0.4%$489M-1.0%$494M-5.5%$523M-6.3%$558M-6.2%
Revenue by Business
Commercial Bank$2.97B+0.9%$2.95B+0.5%$2.93B+0.9%$2.91B+0.7%$2.89B+0.1%
Institutional Services and Wealth Management$1.56B-0.2%$1.56B-0.4%$1.57B+1.2%$1.55B-0.6%$1.56B+0.2%
Retail Bank$4.86B-0.3%$4.87B-0.5%$4.89B-0.9%$4.94B-1.4%$5.01B-1.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business
Commercial Bank125,200,000,000%+2,400,000,000pp122,800,000,000%-2,000,000,000pp124,800,000,000%-1,600,000,000pp126,400,000,000%+3,200,000,000pp123,200,000,000%+3,800,000,000pp
Institutional Services and Wealth Management$663M-1.6%$674M-2.7%$693M+0.9%$687M-3.2%$710M-1.4%
Retail Bank192,600,000,000%-500,000,000pp193,100,000,000%-1,300,000,000pp194,400,000,000%-9,900,000,000pp204,300,000,000%-13,200,000,000pp217,500,000,000%-13,600,000,000pp
Indirect expense by Business
All Other-$1.99B-0.7%-$1.98B+0.3%-$1.98B-2.4%-$1.94B-2.7%-$1.89B-2.2%
Commercial Bank$509M+0.8%$505M+2.9%$491M0.0%$491M+0.4%$489M-0.2%
Institutional Services and Wealth Management$309M-0.3%$310M-4.6%$325M+1.2%$321M+2.6%$313M+2.0%
Retail Bank$1.17B+0.9%$1.16B-0.3%$1.17B+3.7%$1.12B+3.7%$1.08B+3.3%
Salaries and employee benefits by Business
All Other$1.52B+2.0%$1.49B+1.1%$1.47B+2.3%$1.44B+2.8%$1.4B+2.7%
Commercial Bank$611M-1.0%$617M-0.3%$619M+1.3%$611M-0.7%$615M+0.8%
Institutional Services and Wealth Management$439M+0.7%$436M+0.9%$432M+2.1%$423M+1.0%$419M+1.5%
Retail Bank$804M+0.1%$803M+0.1%$802M+1.0%$794M+1.3%$784M+0.8%
Other direct expenses by Business
All Other$822M+0.6%$817M-0.6%$822M-1.1%$831M-2.0%$848M-3.7%
Commercial Bank$293M+3.9%$282M-2.8%$290M-0.3%$291M+1.7%$286M+0.4%
Institutional Services and Wealth Management$138M+7.0%$129M+24.0%$104M+1.0%$103M+3.0%$100M-2.0%
Retail Bank$429M+0.9%$425M-1.8%$433M+2.6%$422M+0.5%$420M-0.2%
Average total assets by Business
All Other$213.9B+0.5%$212.91B
Institutional Services and Wealth Management$13.44B+5.0%$12.79B0.0%$12.79B+3.7%$12.34B+5.1%$11.73B+4.1%
Retail Bank$173.16B+2.6%$168.72B+0.2%$168.3B+2.8%$163.78B+1.9%$160.73B+1.4%
Depreciation and amortization of premises and equipment by Business
All Other$200M-3.4%$207M-1.4%$210M0.0%$210M0.0%$210M+1.0%
Commercial Bank$42M0.0%$42M0.0%$42M+2.4%$41M+2.5%$40M+2.6%
Institutional Services and Wealth Management$8M0.0%$8M-11.1%$9M+12.5%$8M-11.1%$9M0.0%
Retail Bank$215M-10.8%$241M-1.2%$244M-0.8%$246M-1.2%$249M-1.2%
Provision for Credit Losses by Business
All Other-$63M+21.3%-$80M
Commercial Bank$266M-2.6%$273M+13.3%$241M+15.9%$208M-7.6%$225M-15.4%
Institutional Services and Wealth Management$2M-60.0%$5M0.0%$5M-37.5%$8M-11.1%$9M+50.0%
Retail Bank$310M+1.0%$307M+0.3%$306M-1.3%$310M+3.7%$299M+3.8%
Revenue by Product
Brokerage services income$134M+2.3%$131M+3.1%$127M+1.6%$125M+0.8%$124M+2.5%
Merchant discount and credit card interchange fees$173M0.0%$173M+1.2%$171M+3.6%$165M+1.9%$162M0.0%
Service charges on deposit accounts$557M+1.1%$551M+1.7%$542M+1.7%$533M+1.9%$523M+1.8%
Trust income$730M+0.8%$724M+1.3%$715M+1.6%$704M+1.7%$692M+2.5%

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Questions, answered.

How does M&T Bank break its business down?
M&T Bank (MTB) reports net income by business across 4 parts — All Other, Commercial Bank, Institutional Services and Wealth Management and Retail Bank. Each is extracted from the segment footnotes and tracked over time.
Where does M&T Bank's segment data come from?
Segment breakdowns are pulled from the segment footnotes in M&T Bank's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.