M&T Bank Corporation (MTB) Revenue by Segment

M&T Bank revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), M&T Bank's largest business segment was Retail Banking, with $1.21 billion or 48% of revenue, down 1.0% from a year earlier. Next: Commercial Banking (30%), Institutional Services and Wealth Management (15%) and All other segments (7%).

By product or service, Fiduciary and Trust brought in 45%, Deposit Account brought in 33% and Credit Card, Merchant Discount brought in 10% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was All other segments (+295.7%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

M&T Bank Corporation

MTBFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Retail BankingCommercial BankingInstitutional Services and Wealth ManagementAll other segmentsCommercial Real EstateBusiness BankingResidential Mortgage BankingDiscretionary PortfolioOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Retail Banking	USD 1.21B	47.8%	-1.0%
Commercial Banking	USD 752.00M	29.7%	+2.2%
Institutional Services and Wealth Management	USD 384.00M	15.2%	-1.8%
All other segments	USD 186.00M	7.3%	+295.7%

Sum of items USD 2.53B. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Retail Banking	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	1.3B	1.3B	1.3B	111.0M	1.3B	1.3B	1.2B	–	650.2M	593.2M	355.1M	–	357.3M	351.0M	346.9M	–	351.3M	353.5M	402.7M	–	432.3M	436.6M	430.9M	–	427.5M	420.5M	393.5M	–	392.5M
Commercial Banking	752.0M	728.0M	761.0M	748.0M	736.0M	702.0M	745.0M	723.0M	717.0M	699.0M	67.0M	738.0M	759.0M	811.0M	–	509.4M	343.4M	278.9M	–	295.2M	284.7M	285.9M	–	276.1M	287.5M	291.8M	–	282.8M	278.1M	267.5M	–	280.7M	269.5M	266.4M	–	267.8M
Institutional Services and Wealth Management	384.0M	377.0M	384.0M	407.0M	391.0M	380.0M	390.0M	389.0M	401.0M	377.0M	187.0M	363.0M	591.0M	390.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
All other segments	186.0M	169.0M	112.0M	110.0M	47.0M	44.0M	6.0M	- 72.0M	- 110.0M	- 84.0M	–	- 73.0M	- 44.0M	- 30.0M	–	486.7M	399.7M	254.9M	–	201.9M	209.7M	209.1M	–	200.4M	157.3M	275.8M	–	294.4M	315.2M	346.3M	–	–	–	–	–	–
Commercial Real Estate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	247.1M	239.6M	212.5M	–	228.3M	200.6M	200.8M	–	203.0M	227.1M	223.3M	–	238.4M	225.4M	219.2M	–	214.3M	205.5M	202.6M	–	212.0M
Business Banking	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	241.6M	203.6M	141.3M	–	181.9M	145.1M	155.9M	–	131.6M	138.1M	137.8M	–	143.7M	140.8M	139.3M	–	138.9M	136.0M	127.9M	–	130.5M
Residential Mortgage Banking	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	95.1M	113.9M	137.4M	–	159.2M	146.7M	153.8M	–	161.2M	142.0M	125.6M	–	115.2M	96.4M	83.8M	–	79.6M	82.2M	82.5M	–	90.0M
Discretionary Portfolio	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.6M	89.4M	64.7M	–	112.5M	118.3M	134.5M	–	140.1M	138.8M	49.2M	–	50.9M	61.0M	63.9M	–	53.1M	59.0M	50.0M	–	65.8M
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	294.4M	293.4M	311.4M	–	257.9M

M&T Bank revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Retail Banking	$1.2B	$1.2B	$1.2B	$1.2B	48%
Commercial Banking	$752.0M	$728.0M	$748.0M	$736.0M	30%
Institutional Services and Wealth Management	$384.0M	$377.0M	$407.0M	$391.0M	15%
All other segments	$186.0M	$169.0M	$110.0M	$47.0M	7%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

M&T Bank revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Fiduciary and Trust	$197.0M	$183.0M	$181.0M	$182.0M	45%
Deposit Account	$144.0M	$139.0M	$141.0M	$137.0M	33%
Credit Card, Merchant Discount	$45.0M	$37.0M	$47.0M	$46.0M	10%
Brokerage Services Income	$35.0M	$35.0M	$34.0M	$31.0M	8%
Other	$21.0M	$24.0M	$20.0M	$21.0M	5%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are M&T Bank's business segments?

Retail Banking, Commercial Banking, Institutional Services and Wealth Management and All other segments (as reported for Q2 fiscal 2026).

Which business segment makes the most money for M&T Bank?

Retail Banking: $1.21 billion, or 48% of revenue, in Q2 fiscal 2026.

What are M&T Bank's main products and services?

By revenue in Q2 fiscal 2026: Fiduciary and Trust (45%), Deposit Account (33%), Credit Card, Merchant Discount (10%) and Brokerage Services Income (8%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.