M&T Bank Corporation
MTB · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $13,405 | $12,507 | $8,438 | $6,076 |
| % Growth | 7.2% | 48.2% | 38.9% | – |
| Cost of Goods Sold | $4,784 | $3,754 | $942 | $39 |
| Gross Profit | $8,621 | $8,753 | $7,496 | $6,037 |
| % Margin | 64.3% | 70% | 88.8% | 99.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $3,274 | $3,115 | $2,877 | $2,116 |
| SG&A Expenses | $3,378 | $3,223 | $2,967 | $2,180 |
| Sales & Mktg Exp. | $104 | $108 | $90 | $64 |
| Other Operating Expenses | $1,933 | $1,911 | $1,917 | $1,402 |
| Operating Expenses | $5,311 | $5,134 | $4,884 | $3,582 |
| Operating Income | $3,310 | $3,619 | $2,612 | $2,455 |
| % Margin | 24.7% | 28.9% | 31% | 40.4% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $3,310 | $3,619 | $2,612 | $2,455 |
| Tax Expense | $722 | $878 | $620 | $596 |
| Net Income | $2,588 | $2,741 | $1,992 | $1,859 |
| % Margin | 19.3% | 21.9% | 23.6% | 30.6% |
| EPS | 14.71 | 15.85 | 11.59 | 13.81 |
| % Growth | -7.2% | 36.8% | -16.1% | – |
| EPS Diluted | 14.64 | 15.79 | 11.53 | 13.8 |
| Weighted Avg Shares Out | 166 | 166 | 163 | 129 |
| Weighted Avg Shares Out Dil | 167 | 167 | 164 | 129 |
| Supplemental Information | – | – | – | – |
| Interest Income | $11,026 | $10,224 | $6,247 | $3,939 |
| Interest Expense | $4,174 | $3,109 | $425 | $114 |
| Depreciation & Amortization | $508 | $497 | $435 | $324 |
| EBITDA | $3,818 | $4,116 | $3,047 | $2,779 |
| % Margin | 28.5% | 32.9% | 36.1% | 45.7% |