M&T Bank
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. M&T Bank's past years’ income statements indicate that its last revenue has increased compared to the previous period by 7% to $8,998,000,000. The net income raised on $2,636,000,000 and profit margin reached 29%. Total operating expenses were $5,379,000,000.
Profit Margin
| 2014 | 4.33B | 978.53M | 22.59% |
|---|---|---|---|
| 2015 | 4.51B | 987.68M | 21.86% |
| 2016 | 5.10B | 1.22B | 23.96% |
| 2017 | 6.00B | 1.40B | 23.32% |
| 2018 | 5.79B | 1.83B | 31.68% |
| 2019 | 6.82B | 1.91B | 28.13% |
| 2020 | 6.10B | 1.34B | 22.08% |
| 2021 | 5.97B | 1.84B | 30.95% |
| 2022 | 8.43B | 1.98B | 23.58% |
| 2023 | 8.99B | 2.63B | 29.3% |
0JW2.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.99B | 8.43B | 5.97B | 6.10B | 6.82B | 5.79B | 6.00B | 5.10B | 4.51B | 4.33B |
Cost of revenue | -503M | 769.94M | -89.38M | 945.97M | 853.29M | 0 | 539.77M | 0 | 0 | 0 |
Gross profit | 9.50B | 7.66B | 6.06B | 5.15B | 5.96B | 5.79B | 5.46B | 5.10B | 4.51B | 4.33B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 108M | 81M | 63M | 61.90M | 93.47M | 85.71M | 69.20M | 76.61M | 59.14M | 47.11M |
Total operating expenses | 5.37B | 1.69B | 1.14B | 1.02B | 1.17B | 3.28B | 1.19B | 3.04B | 2.84B | 2.68B |
Operating income | 3.99B | 3.09B | 2.57B | 1.83B | 2.65B | 2.73B | 2.45B | 2.24B | 1.85B | 1.73B |
Other income (expenses), net | -377M | 2.47B | 2.36B | -203.35M | 2.44B | -228.04M | -191.24M | -183.41M | -175.51M | -89.35M |
Income before tax | 3.61B | 2.47B | 2.36B | 1.63B | 2.44B | 2.50B | 2.26B | 2.05B | 1.67B | 1.64B |
Income tax expense | 878M | 480.05M | 504.22M | 334.69M | 549.91M | 590.16M | 858.54M | 743.28M | 595.02M | 575.99M |
Net income | 2.63B | 1.98B | 1.84B | 1.34B | 1.91B | 1.83B | 1.40B | 1.22B | 987.68M | 978.53M |
Earnings per share | ||||||||||
Basic EPS | 15.85 | 12.18 | 14.38 | 9.94 | 14.27 | 12.74 | 9.2 | 7.78 | 7.18 | 7.42 |
Diluted EPS | 15.78 | 12.12 | 14.36 | 9.94 | 14.27 | 12.74 | 9.18 | 7.78 | 7.18 | 7.42 |
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