ES
MARKETS / NYSE / MTB
NYSE · STATE COMMERCIAL BANKS · LARGE CAP

M&T Bank Corp. MTB

19 fiscal years on record · USD · FY2025 reported
SEC FILINGS ONLY3 YEARS OF DIVIDEND GROWTH
Revenue · FY2025
$1.7B
▲ 7.5% vs FY2024
Dividend streak
3 yrs
Raised every year since 2023
EPS · FY25
$17.00
Dividend / sh · FY25
$5.70
Payout · FY25
32%
ROE · FY25
9.8%
Net margin · FY25
172.1%
Dividend coverage
3.0×
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Result
USD 1.7B
Revenue, FY2025 · full 19-year series below
Revenue Net income
24681.72.92007201020132016201920222025
24681.72.92016201920222025

172 cents of every revenue dollar became profit this year.

Per share
USD 17.00
Diluted EPS, FY2025
EPS Dividend
816245.7017.002007201020132016201920222025
816245.7017.002016201920222025

Earnings covered the dividend 3.0 times — the rest stayed in the company.

Profitability
9.8%
Return on equity, FY2025
ROE
4812169.8%2007201020132016201920222025
4812169.8%2016201920222025
Operating margin222.8%
Net margin172.1%
Return on assets1.4%

Each USD of equity produced 10 cents of profit this year.

Returned to shareholders
USD 3.5B
returned in FY2025 · dividends + net buybacks
Dividends paidUSD 899.0M
Net buybacksUSD 2.6B
Share of profit123.1%
Consecutive raises3 years

USD 899.0M in dividends and USD 2.6B in buybacks — 123% of the year's profit, so the payout drew on cash built up earlier.

Growth
−22.6% a year
revenue, compounded over five years
CAGR
3 yrs
5 yrs
10 yrs
15 yrs
Revenue
+2.8%
−22.6%
−9.8%
Net income
+12.7%
+16.1%
+10.2%
+9.4%
EPS, diluted
+13.8%
+11.3%
+9.0%
+7.6%
Dividend / share
+5.9%
+7.4%
+4.9%
Returned to shareholders
+11.3%
+30.1%
+25.1%
+16.9%

Compound annual rates per period — left blank where the series crosses a loss.

Share base
—
Shares outstanding, FY2025
Change, 5 years—
Change, 10 years—

A share split breaks the comparison across the period, so we leave it out.

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Balance sheet
USD 213.5B
total assets, end of FY2025
Total assetsUSD 213.5B
EquityUSD 29.2B
CashUSD 18.8B
Gross debtUSD 13.1B
Net debtUSD -5.7B
DepositsUSD 166.9B

The company holds more cash than debt.

History
19 fiscal years
Every figure from documents filed with the SEC · USD
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
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
·
Shares out B
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·
·

Slide the table for earlier years · "·" marks figures not disclosed in the filing for that year.

How we verifyAUDITED
36 of 36
checks passed before publication
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidity

Every figure was compared against the original statement: 0 failures and 0 presentation gaps.

What we don’t show

We’d rather say what’s missing than fill the gap with an estimate.

P/E rationeeds a market quote — not yet licensed
Market capitalizationneeds a market quote — not yet licensed
Dividend yieldneeds a market quote — not yet licensed
Price-to-bookneeds a market quote — not yet licensed