M&T Bank MTB Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income by Business | |||||
| All Other | $3M+101% | -$534M+29.4% | -$756M-11.4% | -$678.94M— | |
| Commercial Bank | $904M+3.8% | $871M-5.9% | $925.98M-25.4% | $1.24B+52.6% | |
| Institutional Services and Wealth Management | $502M-6.2% | $535M-13.7% | $620M+54.2% | $402M+276% | |
| Retail Bank | $1.44B-16.0% | $1.72B+0.8% | $1.7B+59.8% | $1.07B+39.3% | |
| Net Interest Income by Business | |||||
| All Other | $194M+149% | -$396M-14.5% | -$346M-417% | $109M— | |
| Commercial Bank | $2.15B-2.7% | $2.21B-8.2% | $2.41B+4.6% | $2.3B+47.8% | |
| Institutional Services and Wealth Management | $655M-12.4% | $748M+6.9% | $700M+73.7% | $403M+158% | |
| Retail Bank | $3.95B-8.0% | $4.29B-1.5% | $4.35B+44.7% | $3.01B+55.9% | |
| Noninterest income by Business | |||||
| All Other | $119M-12.5% | $136M— | —— | —— | |
| Commercial Bank | $795M+18.3% | $672M+0.6% | $668.07M+13.6% | $588M+213% | |
| Institutional Services and Wealth Management | $907M+12.1% | $809M— | —— | $1.01B+35.0% | |
| Retail Bank | $921M+13.7% | $810M+1.7% | $796.78M+13.3% | $703M+80.3% | |
| Income taxes by Business | |||||
| All Other | -$144M+62.2% | -$381M-2.7% | -$371M-7.8% | -$344M— | |
| Commercial Bank | $324M+0.3% | $323M-16.1% | $385M-15.9% | $458M+54.2% | |
| Institutional Services and Wealth Management | $172M-7.0% | $185M-15.1% | $218M+53.5% | $142M+274% | |
| Retail Bank | $489M-17.8% | $595M-7.9% | $646M+77.5% | $364M+36.8% | |
| Revenue by Business | |||||
| Commercial Bank | $2.95B+2.2% | $2.88B+4.4% | $2.76B-4.7% | $2.9B+40.3% | |
| Institutional Services and Wealth Management | $1.56B+0.3% | $1.56B-8.7% | $1.71B+20.9% | $1.41B+52.9% | |
| Retail Bank | $4.87B-4.5% | $5.1B+8.2% | $4.71B+24.5% | $3.79B+37.2% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | |||||
| Commercial Bank | 122,800,000,000%+3,400,000,000pp | 119,400,000,000%-23,000,000,000pp | 142,400,000,000%-27,600,000,000pp | 170,000,000,000%+59,000,000,000pp | |
| Institutional Services and Wealth Management | $674M-6.4% | $720M-14.1% | $838M+54.0% | $544M+275% | |
| Retail Bank | 193,100,000,000%-38,000,000,000pp | 231,100,000,000%-17,300,000,000pp | 248,400,000,000%+108,100,000,000pp | 140,300,000,000%+37,200,000,000pp | |
| Indirect expense by Business | |||||
| All Other | -$1.98B-7.1% | -$1.85B-7.5% | -$1.72B-8.0% | -$1.59B— | |
| Commercial Bank | $505M+3.1% | $490M+7.7% | $455M+17.0% | $389M— | |
| Institutional Services and Wealth Management | $310M+1.0% | $307M+3.0% | $298M+9.6% | $272M— | |
| Retail Bank | $1.16B+10.8% | $1.05B+8.7% | $964M+3.8% | $929M— | |
| Salaries and employee benefits by Business | |||||
| All Other | $1.49B+9.2% | $1.36B+10.1% | $1.24B+0.2% | $1.23B— | |
| Commercial Bank | $617M+1.1% | $610M+5.7% | $577M+19.5% | $483M— | |
| Institutional Services and Wealth Management | $436M+5.6% | $413M+2.0% | $405M+7.7% | $376M— | |
| Retail Bank | $803M+3.2% | $778M-0.1% | $779M+12.2% | $694M— | |
| Other direct expenses by Business | |||||
| All Other | $817M-7.3% | $881M-10.9% | $989M-2.8% | $1.02B— | |
| Commercial Bank | $282M-1.1% | $285M+3.6% | $275M+29.1% | $213M— | |
| Institutional Services and Wealth Management | $129M+26.5% | $102M-34.6% | $156M-26.1% | $211M— | |
| Retail Bank | $425M+1.0% | $421M-9.5% | $465M+20.5% | $386M— | |
| Average total assets by Business | |||||
| All Other | $212.91B— | —— | $70.27B+3.9% | $67.64B— | |
| Institutional Services and Wealth Management | $12.79B+13.6% | $11.27B+207% | $3.68B+2.1% | $3.6B— | |
| Retail Bank | $168.72B+6.4% | $158.58B+210% | $51.21B+4.4% | $49.06B— | |
| Depreciation and amortization of premises and equipment by Business | |||||
| All Other | $207M-0.5% | $208M+3.5% | $201M+5.8% | $190M— | |
| Commercial Bank | $42M+7.7% | $39M0.0% | $39M0.0% | $39M— | |
| Institutional Services and Wealth Management | $8M-11.1% | $9M+12.5% | $8M0.0% | $8M— | |
| Retail Bank | $241M-4.4% | $252M+1.2% | $249M+25.8% | $198M— | |
| Provision for Credit Losses by Business | |||||
| All Other | -$80M— | —— | $175M-50.1% | $351M— | |
| Commercial Bank | $273M+2.6% | $266M-10.4% | $297M+350% | $66M— | |
| Institutional Services and Wealth Management | $5M-16.7% | $6M— | $0+100% | -$1M— | |
| Retail Bank | $307M+6.6% | $288M+66.5% | $173M+71.3% | $101M— | |
| Revenue by Product | |||||
| Brokerage services income | $131M+8.3% | $121M+18.6% | $102M+15.9% | $88M— | |
| Merchant discount and credit card interchange fees | $173M+6.8% | $162M+0.6% | $161M+1.3% | $159M— | |
| Service charges on deposit accounts | $551M+7.2% | $514M+8.2% | $475M+6.3% | $447M— | |
| Trust income | $724M+7.3% | $675M-0.7% | $680M-8.2% | $741M— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
