M&T BANK CORP — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that M&T BANK CORP filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $9.64B | Feb 21, 2024 |
| FY2023 | Dec 31, 2022 | $8.18B | Feb 21, 2024 |
| FY2023 | Dec 31, 2021 | $5.99B | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $5.95B | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $6.19B | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $5.93B | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | $5.63B | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | $5.30B | Feb 20, 2019 |
| FY2017 | Dec 31, 2015 | $4.67B | Feb 22, 2018 |
| FY2016 | Dec 31, 2014 | $4.46B | Feb 22, 2017 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.66B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $1.54B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $1.48B | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $1.53B | Feb 19, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.85B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $2.59B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $2.74B | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $1.99B | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $1.86B | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $1.35B | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $1.93B | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $1.92B | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | $1.41B | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | $1.32B | Feb 20, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.00B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $3.61B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $3.91B | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $4.57B | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $2.72B | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $789.19M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $2.36B | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $2.09B | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | $2.78B | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | $1.18B | Feb 20, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $213.51B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $208.11B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $208.26B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $200.73B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $155.11B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $142.60B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $119.87B | Feb 22, 2021 |
| FY2019 | Dec 31, 2018 | $120.10B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $118.59B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $123.45B | Feb 22, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $184.33B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $179.08B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $181.31B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $175.41B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $137.20B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $126.41B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $104.16B | Feb 22, 2021 |
| FY2019 | Dec 31, 2018 | $104.64B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $102.34B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $106.96B | Feb 22, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $29.18B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $29.03B | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $26.96B | Feb 18, 2026 |
| FY2025 | Dec 31, 2022 | $25.32B | Feb 18, 2026 |
| FY2024 | Dec 31, 2021 | $17.90B | Feb 19, 2025 |
| FY2023 | Dec 31, 2020 | $16.19B | Feb 21, 2024 |
| FY2022 | Dec 31, 2019 | $15.72B | Feb 22, 2023 |
| FY2021 | Dec 31, 2018 | $15.46B | Feb 16, 2022 |
| FY2020 | Dec 31, 2017 | $16.25B | Feb 22, 2021 |
| FY2019 | Dec 31, 2016 | $16.49B | Feb 20, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $8.47B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $8.47B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $8.47B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $8.49B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $4.59B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $4.59B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $4.59B | Feb 22, 2021 |
| FY2019 | Dec 31, 2018 | $4.59B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $4.59B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $4.59B | Feb 22, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $20.88B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $19.08B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $17.52B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $15.75B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $14.65B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $13.44B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $12.82B | Feb 22, 2021 |
| FY2019 | Dec 31, 2018 | $11.52B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $10.16B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $9.22B | Feb 22, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.42B | Feb 22, 2018 |
| FY2016 | Dec 31, 2016 | $1.32B | Feb 22, 2017 |
| FY2015 | Dec 31, 2015 | $1.37B | Feb 19, 2016 |
| FY2014 | Dec 31, 2014 | $1.37B | Feb 20, 2015 |
| FY2013 | Dec 31, 2013 | $1.67B | Feb 21, 2014 |
| FY2012 | Dec 31, 2012 | $1.99B | Feb 25, 2013 |
| FY2011 | Dec 31, 2011 | $1.45B | Feb 23, 2012 |
| FY2010 | Dec 31, 2010 | $933.76M | Feb 22, 2011 |
| FY2009 | Dec 31, 2009 | $1.25B | Feb 19, 2010 |
| FY2009 | Dec 31, 2008 | $1.57B | Feb 19, 2010 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.91B | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $12.61B | Feb 18, 2026 |
| FY2024 | Dec 31, 2023 | $8.20B | Feb 19, 2025 |
| FY2023 | Dec 31, 2022 | $3.97B | Feb 21, 2024 |
| FY2022 | Dec 31, 2021 | $3.49B | Feb 22, 2023 |
| FY2021 | Dec 31, 2020 | $4.38B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $6.99B | Feb 22, 2021 |
| FY2019 | Dec 31, 2018 | $8.44B | Feb 20, 2020 |
| FY2018 | Dec 31, 2017 | $8.14B | Feb 20, 2019 |
| FY2017 | Dec 31, 2016 | $9.49B | Feb 22, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17 | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | 14 | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | 15 | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | 11 | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | 13 | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | 9 | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | 13 | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | 12 | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | 8 | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | 7 | Feb 20, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17 | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | 14 | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | 15 | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | 11 | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | 13 | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | 9 | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | 13 | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | 12 | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | 8 | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | 7 | Feb 20, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $899.00M | Feb 18, 2026 |
| FY2025 | Dec 31, 2024 | $895.00M | Feb 18, 2026 |
| FY2025 | Dec 31, 2023 | $868.00M | Feb 18, 2026 |
| FY2024 | Dec 31, 2022 | $784.00M | Feb 19, 2025 |
| FY2023 | Dec 31, 2021 | $580.00M | Feb 21, 2024 |
| FY2022 | Dec 31, 2020 | $568.11M | Feb 22, 2023 |
| FY2021 | Dec 31, 2019 | $552.14M | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $510.38M | Feb 22, 2021 |
| FY2019 | Dec 31, 2017 | $457.40M | Feb 20, 2020 |
| FY2018 | Dec 31, 2016 | $441.89M | Feb 20, 2019 |