MTBM&T Bank
M&T is a New York business corporation that has elected to be treated as an FHC under the BHCA and is a BHC under Article III-A of the New York Banking Law. 10-K, Item 1
- Headquarters
- Buffalo, NY
- CEO
- Rene F. Jones
- Next results
- around Jan 15, 2027
Numbers that matter for banks, which general screens compare wrongly. Some come from the 10-K's XBRL. The rest are quoted from the company's own filings, because there is no standard tag for them: the sentence is the source.
Net interest margin
3.6% 10-Q filed 2026-11-05What the bank earns on loans and securities minus what it pays on deposits, as % of earning assets.
“The net interest margin declined to 3.65% reflecting an 8 basis-point increase in rates paid on interest-bearing liabilities resulting from the growth and mix of deposits and the FOMC action in September, partially offset by a 1 basis-point increase in yields received on earning assets and a 2 basis-point increase in the contribution of net interest-free funds.”
Read it in the filing ↗
Efficiency ratio
56.7% fiscal year to Dec 31, 2025Non-interest expense as % of revenue. Lower is leaner.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 60.3% | 61.7% | 55.8% | 57.8% | 56.7% |
XBRL: NoninterestExpense, 0000036270-26-000010; InterestIncomeExpenseNet, 0000036270-26-000010; NoninterestIncome, 0000036270-26-000010
Loans to deposits
81.2% fiscal year to Dec 31, 2025How much of its deposits the bank has lent out.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 69.5% | 79.3% | 80.8% | 82.8% | 81.2% |
XBRL: FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss, 0000036270-26-000060; Deposits, 0000036270-26-000060
Return on tangible common equity
15.9% fiscal year to Dec 31, 2025Net income over common equity without goodwill and intangibles (net income is before preferred dividends, so this runs a little high for banks with preferred stock).
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| 16.1% | 13.4% | 16.6% | 14.2% | 15.9% |
XBRL: NetIncomeLoss, 0000036270-26-000010; StockholdersEquity, 0000036270-26-000060; PreferredStockValue, 0000036270-26-000060; Goodwill, 0000036270-26-000060
Net interest income
$6.9B fiscal year to Dec 31, 2025Interest earned minus interest paid.
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| $3.8B | $5.8B | $7.1B | $6.9B | $6.9B |
XBRL: InterestIncomeExpenseNet, 0000036270-26-000010
Work on MTB in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/MTB/export.csv") into a cell.