M&T Bank Corporation
MTB · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $13,405,000 | $12,507,000 | $8,438,000 | $6,076,000 |
| % Growth | 7.2% | 48.2% | 38.9% | – |
| Cost of Goods Sold | $4,784,000 | $3,754,000 | $942,000 | $39,000 |
| Gross Profit | $8,621,000 | $8,753,000 | $7,496,000 | $6,037,000 |
| % Margin | 64.3% | 70% | 88.8% | 99.4% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $3,274,000 | $3,115,000 | $2,877,000 | $2,116,000 |
| SG&A Expenses | $3,378,000 | $3,223,000 | $2,967,000 | $2,180,000 |
| Sales & Mktg Exp. | $104,000 | $108,000 | $90,000 | $64,000 |
| Other Operating Expenses | $1,933,000 | $1,911,000 | $1,917,000 | $1,402,000 |
| Operating Expenses | $5,311,000 | $5,134,000 | $4,884,000 | $3,582,000 |
| Operating Income | $3,310,000 | $3,619,000 | $2,612,000 | $2,455,000 |
| % Margin | 24.7% | 28.9% | 31% | 40.4% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $3,310,000 | $3,619,000 | $2,612,000 | $2,455,000 |
| Tax Expense | $722,000 | $878,000 | $620,000 | $596,000 |
| Net Income | $2,588,000 | $2,741,000 | $1,992,000 | $1,859,000 |
| % 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 | 166,479 | 166,361 | 163,174 | 128,674 |
| Weighted Avg Shares Out Dil | 167,319 | 167,002 | 164,030 | 128,812 |
| Supplemental Information | – | – | – | – |
| Interest Income | $11,026,000 | $10,224,000 | $6,247,000 | $3,939,000 |
| Interest Expense | $4,174,000 | $3,109,000 | $425,000 | $114,000 |
| Depreciation & Amortization | $508,000 | $497,000 | $435,000 | $324,000 |
| EBITDA | $3,818,000 | $4,116,000 | $3,047,000 | $2,779,000 |
| % Margin | 28.5% | 32.9% | 36.1% | 45.7% |