M&T Bank Past Earnings Performance

Past criteria checks 5/6

M&T Bank has been growing earnings at an average annual rate of 9.5%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 11.3% per year. M&T Bank's return on equity is 9.5%, and it has net margins of 28.1%.

Key information

9.5%

Earnings growth rate

3.6%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	11.3%
Return on equity	9.5%
Net Margin	28.1%
Next Earnings Update	18 Jul 2024

Recent past performance updates

Recent updates

We Ran A Stock Scan For Earnings Growth And M&T Bank (NYSE:MTB) Passed With Ease

Aug 08

Why M&T Bank Is A Strong Buy And A Hidden Value Opportunity

Jul 20

M&T Bank: 4.5% Yield, Solid Deposit Franchise, 18% Discount To BV

Jun 26

M&T Bank Offers Rate And Operating Leverage, But Execution Is Crucial

Jan 24

M&T Bank Q4 2022 Earnings Preview

Jan 18

M&T Bank upped to Outperform at Wedbush, calling it a 'defensive safe haven'

Jan 03

M&T Bank to sell Collective Investment Trust unit to Madison Dearborn

Dec 19

M&T Bank (NYSE:MTB) Will Pay A Dividend Of $1.20

Nov 19

M&T Bank declares $1.20 dividend

Nov 15

M&T Bank Q3 consensus EPS down Y/Y as other regional banks miss

Oct 18

M&T Bank - The Price Is High

Aug 26

M&T Bank declares $1.20 dividend

Aug 17

M&T Bank: Regional Banking's Best Now Near-Term Cap-Gain Prospect

Jul 25

M&T Bank authorizes $3B in share repurchase program, declares preferred dividends

Jul 19

Revenue & Expenses Breakdown
Beta

How M&T Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:MTB Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	8,773	2,465	4,465
31 Dec 23	8,998	2,636	4,475
30 Sep 23	9,342	2,919	4,080
30 Jun 23	9,283	2,876	4,049
31 Mar 23	8,512	2,227	3,974
31 Dec 22	7,662	1,891	4,041
30 Sep 22	6,770	1,587	3,385
30 Jun 22	6,200	1,442	3,096
31 Mar 22	5,990	1,688	2,812
31 Dec 21	6,067	1,777	3,069
30 Sep 21	6,005	1,795	2,710
30 Jun 21	5,762	1,672	2,670
31 Mar 21	5,411	1,456	2,632
31 Dec 20	5,155	1,279	2,633
30 Sep 20	5,165	1,301	2,629
30 Jun 20	5,364	1,409	2,635
31 Mar 20	5,695	1,638	2,641
31 Dec 19	5,968	1,850	2,588
30 Sep 19	5,994	1,901	2,535
30 Jun 19	5,953	1,945	2,473
31 Mar 19	5,934	1,965	2,420
31 Dec 18	5,796	1,836	2,371
30 Sep 18	5,719	1,613	2,326
30 Jun 18	5,633	1,444	2,282
31 Mar 18	5,549	1,332	2,252
31 Dec 17	5,464	1,328	2,234
30 Sep 17	5,319	1,333	2,219
30 Jun 17	5,235	1,324	2,222
31 Mar 17	5,168	1,276	2,222
31 Dec 16	5,106	1,223	2,193
30 Sep 16	5,045	1,164	2,348
30 Jun 16	4,831	1,094	2,240
31 Mar 16	4,701	1,045	2,136
31 Dec 15	4,519	988	2,031
30 Sep 15	4,401	994	1,761
30 Jun 15	4,404	988	1,746
31 Mar 15	4,349	986	1,725
31 Dec 14	4,332	979	1,911
30 Sep 14	4,302	928	1,766
30 Jun 14	4,313	951	1,756
31 Mar 14	4,347	1,019	1,735
31 Dec 13	4,353	1,062	1,712
30 Sep 13	4,354	1,136	1,691
30 Jun 13	4,314	1,134	1,670

Quality Earnings: MTB has high quality earnings.

Growing Profit Margin: MTB's current net profit margins (28.1%) are higher than last year (26.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: MTB's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: MTB's earnings growth over the past year (10.7%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: MTB earnings growth over the past year (10.7%) exceeded the Banks industry -9.7%.

Return on Equity

High ROE: MTB's Return on Equity (9.5%) is considered low.

Return on Assets

Return on Capital Employed

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M&T Bank Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

M&T Bank Corporation to Report Q1, 2024 Results on Apr 15, 2024

Full year 2023 earnings: EPS misses analyst expectations

Full year 2023 earnings: EPS misses analyst expectations

M&T Bank Corporation to Report Q4, 2023 Results on Jan 18, 2024

Third quarter 2023 earnings: EPS exceeds analyst expectations

Recent updates

First quarter 2024 earnings: Revenues and EPS in line with analyst expectations

M&T Bank: Buy The Dip

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

M&T Bank Corporation Appoints Sarah Knakmuhs as Chief Communications Officer

M&T Bank Corporation to Report Q1, 2024 Results on Apr 15, 2024

M&T Bank Corporation, Annual General Meeting, Apr 16, 2024

Full year 2023 earnings: EPS misses analyst expectations

Fourth quarter dividend of US$1.30 announced

M&T Bank Corporation Announces First Quarter Common Stock Dividend, Payable on March 29, 2024

M&T Bank: Fully Re-Rated (Rating Downgrade)

Full year 2023 earnings: EPS misses analyst expectations

M&T Bank Hasn't Seen The Price Growth It Deserves

M&T Bank Corporation to Report Q4, 2023 Results on Jan 18, 2024

Here's Why M&T Bank (NYSE:MTB) Has Caught The Eye Of Investors

Upcoming dividend of US$1.30 per share at 4.2% yield

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 29, 2023

M&T Bank Delivering With A More Conservative But Still Profitable Plan

Third quarter 2023 earnings: EPS exceeds analyst expectations

M&T Bank Corporation Reports Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

M&T Bank Appoints David W. Hollis as Chief Human Resources Officer

Navigating M&T Bank: A Hidden Gem Or A Lost Cause?

M&T Bank Corporation to Report Q3, 2023 Results on Oct 18, 2023

M&T Bank Corporation Names Phil Cohen as Regional President for Maine

Deposit Pressures Make M&T Bank A Sell

Upcoming dividend of US$1.30 per share at 4.1% yield

M&T Bank Corporation Announces Third Quarter Common Stock Dividend, Payable on September 29, 2023

We Ran A Stock Scan For Earnings Growth And M&T Bank (NYSE:MTB) Passed With Ease

Mt Bank Appoints Mark Hutton as Delaware Regional President

M&T Bank Corporation Provides Earnings Guidance for the Year 2023

Why M&T Bank Is A Strong Buy And A Hidden Value Opportunity

New major risk - Revenue and earnings growth

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

MT Bank Announces Management Appointments

M&T Bank: 4.5% Yield, Solid Deposit Franchise, 18% Discount To BV

M&T Bank Corporation to Report Q2, 2023 Results on Jul 19, 2023

M&T Bank Corporation (NYSE:MTB) announces an Equity Buyback for $8,000 million worth of its shares.

Chief Financial Officer recently bought US$1.2m worth of stock

Upcoming dividend of US$1.30 per share at 4.2% yield

Independent Director recently sold US$83k worth of stock

Independent Director notifies of intention to sell stock

M&T Bank Corporation and M&T Bank Announce Executive Changes

M&T Bank Corporation Announces Second Quarter Common Stock Dividend, Payable on June 30, 2023

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 8.5% to US$154

Investor sentiment deteriorates as stock falls 16%

Independent Director recently bought US$61k worth of stock

M&T Bank Offers Rate And Operating Leverage, But Execution Is Crucial

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

M&T Bank Corporation Reports Net-Charge Offs for the Fourth Quarter 2022

M&T Bank Corporation Elects Carlton J. Charles to the Board of Directors

M&T Bank Q4 2022 Earnings Preview

M&T Bank Corporation Announces Calvin G. Butler, Jr. Steps Down from its Board of Directors

M&T Bank upped to Outperform at Wedbush, calling it a 'defensive safe haven'

M&T Bank Corporation to Report Q4, 2022 Results on Jan 19, 2023

M&T Bank to sell Collective Investment Trust unit to Madison Dearborn

M&T Bank Corporation Appoints Chris Kay as Head of Enterprise Platforms

Upcoming dividend of US$1.20 per share

M&T Bank Appoints Sam Bluso as Head of Institutional Real Estate

M&T Bank (NYSE:MTB) Will Pay A Dividend Of $1.20

M&T Bank Corporation Announces Fourth Quarter Common Stock Dividend, Payable on December 30, 2022

M&T Bank declares $1.20 dividend

Arthur J. Gallagher & Co. (NYSE:AJG) completed the acquisition of M&T Insurance Agency, Inc. from M&T Bank Corporation (NYSE:MTB).

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

M&T Bank Corporation Reports Net Charge-Offs for the Quarter Ended September 30, 2022

M&T Bank Q3 consensus EPS down Y/Y as other regional banks miss

Arthur J. Gallagher & Co. (NYSE:AJG) signed a definitive agreement to acquire M&T Insurance Agency, Inc. from M&T Bank Corporation (NYSE:MTB).

Insider recently sold US$377k worth of stock

M&T Bank Corporation to Report Q3, 2022 Results on Oct 19, 2022

Revenue & Expenses Breakdown
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