tradmap

MTB Financials M&T Bank

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 2.8% per year over the past 5 years.
  • Net income has grown faster than revenue (16.1% vs 2.8% per year).
  • Free cash flow has grown 12.9% per year over the past 5 years.

Financial health

  • The company holds more cash ($18.8B) than total debt ($13.1B).
  • Total debt has grown faster than revenue (24.1% vs 2.8% per year).

Shareholder returns

  • Dividends have been paid for 15 consecutive years, consuming 31.5% of earnings.
  • The dividend has grown 9.6% per year over the past 5 years.
Revenue & net income
$0 $1B $3B 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
0% 92% 185% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Free cash flow (CFO − capex)
$0 $2B $4B 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $15B $30B 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$22B -$336M $21B $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $1.7B $2.9B 0.0% 0.0% — $13.1B $18.8B
2024 $1.5B $2.6B 0.0% 0.0% — $13.7B $20.8B
2023 $1.5B $2.7B 0.0% 0.0% $3.6B $13.5B $29.8B
2022 $1.5B $2.0B 0.0% 0.0% $4.4B $7.5B $26.5B
2021 — $1.9B — — $2.6B $3.5B $1.3B
2020 — $1.4B — — $617M $4.4B $1.6B
2019 — $1.9B — — $2.2B $7.0B $1.4B
2018 — $1.9B — — $2.0B $12.8B $1.6B
2017 — $1.4B — — $2.7B $8.3B $1.4B
2016 — $1.3B — — $1.1B $9.7B $1.3B
2015 — $1.1B — — — $12.8B $1.4B
2014 — $1.1B — — — $9.2B —
2013 — $1.1B — — $802M $5.4B —
2012 — $1.0B — — $408M $5.7B —
2011 — $859M — — $1.7B $7.5B —

Valuation over time

How the market has priced MTB against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / earnings (P/E)
0.0 6.1 12.2 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/E
Price / sales (P/S)
0.0 10.9 21.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S
Dividend yield (%)
0.0 2.4 4.7 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
Dividend yield %

Frequently asked questions

Is MTB growing its revenue and profit?

Over the past 5 years, M&T Bank's revenue has grown 2.8% per year, and net income grown 16.1% per year. These are computed facts, not advice.

How much debt does MTB have?

As of FY2025, M&T Bank reported $13.1B of total debt against $18.8B of cash.

What is MTB's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 172.1%.

What is MTB's P/E ratio?

As of Jun '26, M&T Bank traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.