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 12% to $8,998,000,000. The net income raised on $2,741,000,000 and profit margin reached 30%. Total operating expenses were $4,475,000,000.
Profit Margin
| 2014 | 4.47B | 1.06B | 23.84% |
|---|---|---|---|
| 2015 | 4.68B | 1.07B | 23.06% |
| 2016 | 5.29B | 1.31B | 24.83% |
| 2017 | 5.63B | 1.40B | 25% |
| 2018 | 5.92B | 1.91B | 32.35% |
| 2019 | 6.19B | 1.92B | 31.16% |
| 2020 | 5.95B | 1.35B | 22.72% |
| 2021 | 5.99B | 1.85B | 31.03% |
| 2022 | 8.04B | 1.99B | 24.77% |
| 2023 | 8.99B | 2.74B | 30.46% |
MTB-PH Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.99B | 8.04B | 5.99B | 5.95B | 6.19B | 5.92B | 5.63B | 5.29B | 4.68B | 4.47B |
Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 8.99B | 8.04B | 5.99B | 5.95B | 6.19B | 5.92B | 5.63B | 5.29B | 4.68B | 4.47B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 108M | 90.74M | 64.42M | 61.90M | 93.47M | 85.71M | 69.20M | 87.13M | 59.14M | 47.11M |
Total operating expenses | 4.47B | 90.74M | -3.53B | -4.18B | -3.64B | -2.89B | 69.20M | 87.13M | -2.53B | -2.43B |
Operating income | 4.52B | 3.03B | 2.45B | 1.76B | 2.54B | 3.03B | 2.87B | 2.64B | 2.15B | 2.03B |
Other income (expenses), net | -904M | -425.16M | 2.36B | -752.25M | 2.44B | -526.40M | -906.61M | -583.96M | -812.67M | -198.73M |
Income before tax | 3.61B | 2.61B | 2.45B | 1.76B | 2.54B | 2.50B | 2.32B | 2.05B | 1.67B | 1.58B |
Income tax expense | 878M | 619.46M | 596.40M | 416.36M | 618.11M | 590.16M | 915.55M | 743.28M | 595.02M | 522.61M |
Net income | 2.74B | 1.99B | 1.85B | 1.35B | 1.92B | 1.91B | 1.40B | 1.31B | 1.07B | 1.06B |
Earnings per share | ||||||||||
Basic EPS | 15.85 | 11.59 | 13.81 | 9.94 | 13.76 | 13.85 | 8.72 | 7.8 | 7.22 | 7.47 |
Diluted EPS | 15.78 | 11.53 | 13.8 | 9.94 | 13.75 | 13.85 | 8.7 | 7.78 | 7.18 | 7.42 |
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