|
M and t Bank Corporation (MTB) |
|
|
|
MTB's Net Income Growth by Quarter and Year
M And T Bank's Net Income results by quarter and year
Select the Comparisons :
|
|
Select the Ratio:
|
|
MTB Net Income (in millions $) |
FY 2023 |
FY 2022 |
FY 2021 |
FY 2020 |
IV Quarter |
December |
-
|
739.10
|
434.17
|
451.87
|
III Quarter |
September |
663.76
|
620.55
|
475.96
|
353.40
|
II Quarter |
June |
840.52
|
192.24
|
438.76
|
223.10
|
I Quarter |
March |
675.51
|
339.59
|
428.09
|
250.70
|
FY |
|
2,179.79
|
1,891.48
|
1,776.98
|
1,279.07
|
MTB Net Income third quarter 2023 Y/Y Growth Comment |
M and t Bank Corporation achieved in the third quarter 2023, above Company average Net Income improvement of 6.96% year on year, to $ 663.76 millions.
Looking into third quarter 2023 results within Regional Banks industry 42 other companies have achieved higher Net Income growth. While M And T Bank Corporation' s Net Income increase of 6.96% ranks overall at the positon no. 576 in the third quarter 2023.
|
MTB Net Income ( Y/Y Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
- |
70.23 % |
-3.92 % |
-4.54 % |
III Quarter |
September |
6.96 % |
30.38 % |
34.68 % |
-23.41 % |
II Quarter |
June |
337.22 % |
-56.19 % |
96.67 % |
-50.71 % |
I Quarter |
March |
98.92 % |
-20.67 % |
70.76 % |
-45.75 % |
FY |
|
- |
6.44 % |
38.93 % |
-30.84 % |
MTB Net Income (Quarter on Quarter Growth %) |
2023
|
2022 |
2021 |
2020 |
IV Quarter |
December |
- |
19.1 % |
-8.78 % |
27.86 % |
III Quarter |
September |
-21.03 % |
222.8 % |
8.48 % |
58.4 % |
II Quarter |
June |
24.43 % |
-43.39 % |
2.49 % |
-11.01 % |
I Quarter |
March |
-8.6 % |
-21.78 % |
-5.26 % |
-47.04 % |
FY (Year on Year) |
|
- |
6.44 % |
38.93 % |
-30.84 % |
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
(Jun 30 2023) |
|
(Dec. 30. 2011) |
|
Net Income Y/Y Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
(Jun 30 2023) |
|
(Dec. 30. 2011) |
|
Net Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023 |
M And T Bank's Q/Q Net Income Growth
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
222.81 % |
7.35 % |
-67.4 % |
(Sep 30 2022) |
|
|
MTB's III. Quarter Q/Q Net Income Comment |
In the III. Quarter 2023 M And T Bank Corporation disclosed fall in Net Income sequentially by -21.03% to $ 663.76 millions, from $ 840.52 millions achived in the previous quarter.
Albeit cyclical factors usually elevate III. Quarter 2023 performance, that plainly has not been enough to rescue M And T Bank's outcome, Enrichetta Lombardi, an industry veteran wrote.
Within Regional Banks industry 111 other companies have achieved higher Net Income quarter on quarter growth. While M And T Bank's Net Income growth quarter on quarter, overall rank is 1111. |
|
|
Net Income Q/Q Growth Statistics |
High |
Average |
Low |
222.81 % |
7.35 % |
-67.4 % |
(Sep 30 2022) |
|
|
MTB's III. Quarter Q/Q Net Income Comment |
In the III. Quarter 2023 M And T Bank Corporation reported fall in Net Income sequentially by -21.03% to $ 663.76 millions, from $ 840.52 millions declared in the previous quarter.
Albeit periodic factors commonly fuel III. Quarter 2023 Net Income, this clearly could not be substantial to rescue MTB's III. Quarter 2023 achievement, Enrichetta Lombardi, an industry veteran said and mentioned that average sequential Net Income growth is at 7.35% for the Regional Banks's company.
Within Regional Banks industry 111 other companies have achieved higher Net Income quarter on quarter growth. While M And T Bank's Net Income growth quarter on quarter, overall rank is 1111. |
|
M And T Bank's 12 Months Net Income Growth Year on Year
Net Income TTM Growth |
12 Months Ending (Sep 30 2023) |
12 Months Ending (Jun 30 2023) |
12 Months Ending (Mar 31 2023) |
12 Months Ending (Dec 31 2022) |
12 Months Ending (Sep 30 2022) |
Cumulative Net Income 12 Months Ending |
$ 2,918.89 |
$ 2,875.67 |
$ 2,227.39 |
$ 1,891.47 |
$ 1,586.55 |
Y / Y Net Income Growth (TTM) |
83.98 % |
99.43 % |
31.92 % |
6.44 % |
-11.6 % |
Year on Year Net Income Growth Overall
Ranking |
# 1242 |
# 1113 |
# 434 |
# 399 |
# 930 |
Seqeuential Net Income Change (TTM) |
1.5 % |
29.11 % |
17.76 % |
19.22 % |
10.03 % |
Seq. Net Income Growth (TTM) Overall
Ranking |
# 810 |
# 1122 |
# 658 |
# 885 |
# 415 |
Cumulative Net Income growth
Comment |
Assuming the M And T Bank's fiscal year would have ended in Sep 30 2023, M And T Bank would have reprted above average annual Net Income growth of 83.98% year on year, of $ 2,919 millions. This marks a slow-down of the companys growth trends and from the 99.43% increase in Jun 30 2023.
In the Financial sector 370 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 1113 to 1242. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
|
|
|
|
|
Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
|
|
|
Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 67 |
Sector |
# 215 |
S&P 500 |
# 810 |
|
Cumulative Net Income growth
Comment |
Assuming the M And T Bank's fiscal year would have ended in Sep 30 2023, M And T Bank would have reprted above average annual Net Income growth of 83.98% year on year, of $ 2,919 millions. This marks a slow-down of the companys growth trends and from the 99.43% increase in Jun 30 2023.
In the Financial sector 370 other companies have achieved higher trailing twelve month Net Income growth. While Net Income growth total ranking has deteriorated compare to previous quarter from 1113 to 1242. |
Net Income TTM Q/Q Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
|
|
|
Net Income TTM Y/Y Growth Statistics |
High |
Average |
Low |
99.43 % |
3.28 % |
-601.17 % |
|
|
|
Net Income TTM Q/Q Growth Company Ranking |
Within: |
No. |
Industry |
# 67 |
Sector |
# 215 |
S&P 500 |
# 810 |
|