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 101% to $12,249,000,000. The net income raised on $2,741,000,000 and profit margin reached 22%. Total operating expenses were $9,398,000,000.
Profit Margin
| 2017 | 6.00B | 1.40B | 23.32% |
|---|---|---|---|
| 2020 | 6.10B | 1.35B | 22.18% |
| 2023 | 12.24B | 2.74B | 22.38% |
MTB-PJ Income Statement (2017 – 2023)
| 2023 | 2020 | 2017 | |
|---|---|---|---|
Revenue | |||
Revenue | 12.24B | 6.10B | 6.00B |
Cost of revenue | 0 | 0 | 0 |
Gross profit | 12.24B | 6.10B | 6.00B |
Operating exp. | |||
Research and development | 0 | 0 | 0 |
Selling and marketing | 108M | 61.90M | 0 |
Total operating expenses | 9.39B | 1.02B | 1.19B |
Operating income | 0 | 47.14M | -7.06M |
Other income (expenses), net | 3.61B | 0 | 6M |
Income before tax | 3.61B | 1.63B | 2.26B |
Income tax expense | 878M | 334.69M | 858.54M |
Net income | 2.74B | 1.35B | 1.40B |
Earnings per share | |||
Basic EPS | 15.85 | 9.94 | 9.2 |
Diluted EPS | 15.78 | 9.94 | 9.18 |