M&T Bank (NYSE: MTB) financial statements
The consolidated income statement, balance sheet and cash flow statement of M&T Bank for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $213,510m in total assets and $29,177m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9,690m | $9,279m | $9,643m | $8,179m | $5,992m | $5,955m | $6,192m | $5,928m | $5,632m | $5,296m |
| Operating profit | $3,692m | $3,310m | $3,619m | $2,612m | $2,455m | $1,770m | $2,547m | $2,508m | $2,324m | $2,058m |
| Finance costs | $3,538m | $4,174m | $3,109m | $425.0m | $114.0m | $326.4m | $749.3m | $526.4m | $386.8m | $426.0m |
| Profit before tax | $3,692m | $3,310m | $3,619m | $2,612m | $2,455m | $1,770m | $2,547m | $2,508m | $2,324m | $2,058m |
| Income tax | $841.0m | $722.0m | $878.0m | $620.0m | $596.0m | $416.4m | $618.1m | $590.2m | $915.6m | $743.3m |
| Net profit | $2,851m | $2,588m | $2,741m | $1,992m | $1,859m | $1,353m | $1,929m | $1,918m | $1,408m | $1,315m |
| Earnings per share | $17.10 | $14.71 | $15.85 | $11.59 | $13.81 | $9.94 | $13.76 | $12.75 | $8.72 | $7.80 |
| Diluted earnings per share | $17.00 | $14.64 | $15.79 | $11.53 | $13.80 | $9.94 | $13.75 | $12.74 | $8.70 | $7.78 |
| Depreciation and amortisation | $323.0m | $316.0m | $304.0m | $282.0m | $10.0m | $14.9m | $19.5m | $104.9m | $109.6m | $107.0m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $213,510m | $208,105m | $208,264m | $200,730m | $155,107m | $142,601m | $119,873m | $120,097m | $118,593m | $123,449m |
| Property, plant and equipment | $1,629m | $1,705m | $1,739m | $1,654m | $1,145m | $1,162m | $1,141m | $647.4m | $646.5m | $675.3m |
| Goodwill | $8,465m | $8,465m | $8,465m | $8,490m | $4,593m | $4,593m | $4,593m | $4,593m | $4,593m | $4,593m |
| Cash | $18,769m | $20,782m | $29,800m | $26,479m | $1,338m | $1,553m | $1,436m | $1,605m | $1,421m | $1,321m |
| Total liabilities | $184,333m | $179,078m | $181,307m | $175,412m | $137,204m | $126,414m | $104,156m | $104,637m | $102,343m | $106,963m |
| Equity | $29,177m | $29,027m | $26,957m | $25,318m | $17,903m | $16,187m | $15,717m | $15,460m | $16,251m | $16,487m |
| Equity including minorities | $29,177m | $29,027m | $26,957m | $25,318m | $17,903m | $16,187m | $15,717m | $15,460m | $16,251m | $16,487m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3,003m | $3,610m | $3,905m | $4,574m | $2,715m | $789.2m | $2,358m | $2,090m | $2,782m | $1,183m |
| Investing cash flow | −$6,816m | −$9,746m | −$4,764m | $16,592m | −$13,631m | −$22,020m | $727.0m | −$1,410m | $3,395m | −$720.8m |
| Financing cash flow | $1,800m | −$2,882m | $4,180m | −$20,984m | $10,701m | $21,348m | −$3,254m | −$495.3m | −$6,077m | −$510.1m |
| Capital expenditure | — | — | −$256.0m | −$214.0m | −$149.0m | −$172.0m | −$178.0m | −$98.0m | −$79.0m | −$108.0m |
| Dividends paid | −$899.0m | −$895.0m | −$868.0m | −$784.0m | −$580.0m | −$568.1m | −$552.1m | −$510.4m | −$457.4m | −$441.9m |
Where each figure comes from
From the annual report (Form 10-K) that M&T Bank files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the M&T Bank page.
Dividend per share of M&T Bank by fiscal year, with the filing behind every figure: M&T Bank dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.