M&T Bank Corporation (MTB) Financial Statements
M&T Bank financial statements at a glance
M&T Bank reported revenue of $5.96 billion for fiscal year 2021 (ended December 31, 2021). Net income was $1.78 billion, a net margin of 29.8%, and diluted earnings per share were $13.80.
At the end of fiscal year 2021 it had total assets of $155.11 billion, total liabilities of $137.20 billion and shareholders' equity of $17.90 billion, with cash of $43.21 billion and total debt of $3.49 billion.
Its operations brought in $2.72 billion of cash; capital spending was $149.00 million, leaving free cash flow of $2.57 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2021.
M&T Bank Corporation
Income Statement
Annual • USD
M&T Bank key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | – | – | – | – | $6.0B |
| Net income | $2.9B | $2.6B | $2.7B | $2.0B | $1.8B |
| Diluted EPS | – | – | – | – | $13.80 |
| Total assets | $213.5B | $208.1B | $208.3B | $200.7B | $155.1B |
| Total liabilities | $184.3B | $179.1B | $181.3B | $175.4B | $137.2B |
| Shareholders' equity | $29.2B | $29.0B | $27.0B | $25.3B | $17.9B |
| Cash | – | – | – | – | $43.2B |
| Total debt | $13.1B | $13.7B | $13.5B | $7.5B | $3.5B |
| Operating cash flow | $3.0B | $3.6B | $3.9B | $4.6B | $2.7B |
| Capital spending | – | – | – | – | $149.0M |
| Free cash flow | – | – | – | – | $2.6B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was M&T Bank's revenue in fiscal year 2021?
$5.96 billion.
How much profit does M&T Bank make?
M&T Bank reported net income of $1.78 billion for fiscal year 2021 (29.8% of revenue).
How much cash and debt does M&T Bank have?
At the end of fiscal year 2021: cash of $43.21 billion and total debt of $3.49 billion.
What is M&T Bank's free cash flow?
$2.57 billion in fiscal year 2021 (operating cash flow of $2.72 billion minus capital spending of $149.00 million).
