NYSE · STATE COMMERCIAL BANKS · LARGE CAP
M&T Bank Corp. MTB
19 fiscal years on record · USD · FY2025 reported · SEC filings only
3 YEARS OF DIVIDEND GROWTH
In brief
What this company does
Written from the business description in M&T Bank Corp's annual report to the U.S. Securities and Exchange Commission, filed 18 February 2026. Every sentence was checked against that document before publication.
Growth
USD 1.7B
Revenue, FY2025 · full 19-year series below
Revenue $B
Net income $B
FY2025 · Revenue 1.7 · Net income 2.9
Compound annual growth
+2.8%
−22.6%
−9.8%
+12.7%
+16.1%
+10.2%
+9.4%
+13.8%
+11.3%
+9.0%
+7.6%
+5.9%
+7.4%
+4.9%
+11.3%
+30.1%
+25.1%
+16.9%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at −22.6% a year over five years — but profit grew faster: net income at +16.1%, earnings per share at +11.3%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
172 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2025 · Operating 222.8% · Net 172.1%
ROE
FY2025 · ROE 9.8%
Each USD of equity produced 10 cents of profit this year.
The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue $B | 1.7 | 1.5 | 1.5 | 1.5 | 6.0 | 6.0 | 6.2 | 5.9 | 5.6 | 5.3 | 4.7 | 4.5 | 4.5 | 4.3 | 4.0 | · | · | · | · |
| Operating income $B | 3.7 | 3.3 | 3.6 | 2.6 | 2.5 | 1.8 | 2.5 | 2.5 | 2.3 | 2.1 | 1.7 | 1.6 | 1.8 | 1.6 | 1.2 | 1.1 | 0.5 | · | · |
| EBITDA $B | 4.0 | 3.6 | 3.9 | 2.9 | · | · | · | · | · | · | · | · | · | · | · | · | · | · | · |
| Income tax $B | 0.8 | 0.7 | 0.9 | 0.6 | 0.6 | 0.4 | 0.6 | 0.6 | 0.9 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.4 | 0.4 | 0.1 | 0.2 | 0.3 |
| Net income $B | 2.9 | 2.6 | 2.7 | 2.0 | 1.9 | 1.4 | 1.9 | 1.9 | 1.4 | 1.3 | 1.1 | 1.1 | 1.1 | 1.0 | 0.9 | 0.7 | 0.4 | 0.6 | 0.7 |
| Free cash flow $B | · | · | 3.6 | 4.4 | 2.6 | 0.6 | 2.2 | 2.0 | 2.7 | 1.1 | 1.7 | 1.0 | 0.8 | 0.4 | 1.7 | · | · | · | · |
| EPS, diluted $ | 17.00 | 14.64 | 15.79 | 11.53 | 13.80 | 9.94 | 13.75 | 12.74 | 8.70 | 7.78 | 7.18 | 7.42 | 8.20 | 7.54 | 6.35 | 5.69 | 2.89 | 5.01 | 5.95 |
| Dividend / sh $ | 5.70 | 5.35 | 5.20 | 4.80 | · | · | · | · | · | · | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | 2.80 | · | · |
| Payout % | 32 | 35 | 32 | 39 | 31 | 42 | 29 | 27 | 32 | 34 | 35 | 35 | 32 | 35 | 41 | 46 | 86 | 55 | 43 |
| ROE % | 9.8 | 9.2 | 10.5 | 9.2 | 10.9 | 8.5 | 12.4 | 12.1 | 8.6 | 8.1 | 7.6 | 9.0 | 10.6 | 10.6 | 9.8 | 9.1 | 5.2 | 8.2 | · |
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Provenance
Company facts, as filed
How we verify · 0 failures in 55 reconciliationsAUDITED
Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityState Commercial Banks
Listed onNYSE
Incorporated inNew York
Fiscal year endsDecember 31
Data on record since2007