M&T BANK CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $5.3b $5.6b $5.9b $6.2b $6.0b $6.0b $8.2b $9.6b $1.5b $1.7b
Interest income:
Additional Financial Items
Other Interest and Dividend Income $1.2m $1.0m $1.4m $7.2m $8.1m $1.1m $1.9m $4.0m $3.0m $3.0m
Amortization of Intangible Assets $42.6m $31.4m $24.5m $19.5m $14.9m $10.2m $55.6m $62.0m $53.0m $42.0m
Debt and Equity Securities, Gain (Loss) ($6.3m) $18.0m ($9.4m) ($21.2m) ($5.7m) $4.0m $10.0m $2.0m
Debt and Equity Securities, Realized Gain (Loss) $0 $0 $0 $0 $0 $0
Depreciation, Depletion and Amortization, Nonproduction $107.0m $109.6m $104.9m
Goodwill, Impairment Loss $0 $0 $0
Operating Lease, Lease Income $44.0m $48.0m
Preferred Stock Dividends, Income Statement Impact $81.3m $72.7m $72.5m $69.4m $68.2m $72.9m $96.6m $100.0m $134.0m $146.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.1b $2.3b $2.5b $2.5b $1.8b $2.5b $2.6b $3.6b $3.3b $3.7b
Net Income (Loss) Attributable to Parent $1.3b $1.4b $1.9b $1.9b $1.4b $1.9b $2.0b $2.7b $2.6b $2.9b
Net Income (Loss) Available to Common Stockholders, Basic $1.2b $1.3b $1.8b $1.8b $1.3b $1.8b $1.9b $2.6b $2.4b $2.7b
Earnings Per Share, Basic $7.80 $8.72 $12.75 $13.76 $9.94 $13.81 $11.59 $15.85 $14.71 $17.10
Earnings Per Share, Diluted $7.78 $8.70 $12.74 $13.75 $9.94 $13.80 $11.53 $15.79 $14.64 $17.00
Common Stock, Dividends, Per Share, Declared $5.35 $5.70
Weighted Average Number of Shares Outstanding, Basic 156.8m 152.2m 144.0m 134.4m 128.6m 128.6m 163.2m 166.4m 166.5m 157.9m
Weighted Average Number of Shares Outstanding, Diluted 157.3m 152.6m 144.2m 134.5m 128.7m 128.8m 164.0m 167.0m 167.3m 158.8m
Noninterest expense:
Labor and Related Expense $1.6b $1.7b $1.8b $1.9b $2.0b $2.0b $2.8b $3.0b $3.2b $3.3b
Marketing and Advertising Expense $87.1m $69.2m $85.7m $93.5m $61.9m $64.4m $90.7m $108.0m $104.0m $102.0m
Current Income Tax Expense (Benefit) $524.2m $457.8m $522.1m $492.4m $366.0m $417.1m $510.0m $808.0m $568.0m $673.0m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal $610.0m $485.0m
Interest Expense $426.0m $386.8m $526.4m $749.3m $326.4m $114.0m $425.2m $3.1b
Income Tax Expense (Benefit) $743.3m $915.6m $590.2m $618.1m $416.4m $596.4m $619.5m $878.0m $722.0m $841.0m
Total interest expense $4.2b $3.5b
Interest Income (Expense), Net $3.5b $3.8b $4.1b $4.1b $3.9b $3.8b $5.8b $7.1b $6.9b $6.9b
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement $12.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.