M and t Bank Corporation (MTB) |
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M And T Bank Income Statement Quarterly
MTB
Select the Financial Report: |
Period: |
Fiscal Year: |
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INCOME STATEMENT (Quarterly GAAP In millions $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Interest and Fee Income, Loans and Leases |
2,061.57 |
1,997.81 |
1,849.66 |
1,664.45 |
1,455.61 |
Interest and Dividend Income, Securities |
16.43 |
16.51 |
16.61 |
-141.80 |
16.56 |
Interest Income, Domestic Deposits |
362.84 |
302.43 |
278.42 |
237.02 |
172.96 |
Other Interest and Dividend Income |
1.38 |
1.00 |
0.71 |
0.66 |
0.62 |
Other Income |
199.19 |
197.88 |
181.59 |
311.88 |
135.77 |
Total Interest Income |
2,641.40 |
2,515.63 |
2,326.99 |
2,072.21 |
1,781.51 |
Interest Expense, Time Deposits |
201.54 |
150.34 |
89.20 |
20.12 |
1.12 |
Interest Expense, Short-term Borrowings |
69.48 |
96.00 |
57.78 |
-23.47 |
2.67 |
0 |
594.99 |
470.16 |
361.75 |
248.19 |
99.03 |
Total Interest Expense |
866.01 |
716.50 |
508.72 |
244.84 |
102.82 |
Net Interest Income |
1,775.39 |
1,799.13 |
1,818.26 |
1,827.37 |
1,678.69 |
Provision
for loan losses |
150.00 |
150.00 |
120.00 |
90.00 |
115.00 |
Total Net Interest Income |
1,625.39 |
1,649.13 |
1,698.26 |
1,737.37 |
1,563.69 |
Service Fees, Investment Banking, Brokerage and Other Transactions |
9.38 |
16.75 |
11.68 |
-30.29 |
5.08 |
Revenue From Contract With Customer Including Assessed Tax |
104.48 |
107.11 |
84.99 |
81.52 |
83.04 |
Trading |
- |
- |
- |
- |
- |
Other income |
142.52 |
362.02 |
159.50 |
266.73 |
153.19 |
Mortgage Banking Revenues |
- |
- |
- |
- |
- |
Debt And Equity Securities Gain Loss |
-0.24 |
1.00 |
-0.42 |
-3.77 |
-1.11 |
Other Non-Interest Income |
-190.78 |
-52.08 |
54.32 |
199.93 |
254.19 |
Interest Expenses Savings And Interest Checking Deposits |
494.22 |
368.36 |
277.07 |
167.42 |
68.69 |
Total Noninterest Income |
559.58 |
803.17 |
587.13 |
681.54 |
563.08 |
Total Revenues |
2,184.97 |
2,452.30 |
2,285.40 |
2,418.91 |
2,126.77 |
Salaries & employee benefits, SGA |
22.90 |
28.35 |
31.06 |
1,321.03 |
21.40 |
Depriciation & Amortization |
14.95 |
14.95 |
17.21 |
17.60 |
18.38 |
Equipment expense |
- |
- |
- |
- |
- |
Communications, Occupancy and Information Technology |
130.84 |
128.69 |
126.90 |
-36.81 |
127.12 |
Professional fees |
- |
- |
- |
- |
- |
Communications & Processing |
- |
- |
- |
- |
- |
Supplies and Postage Expense |
13.96 |
14.20 |
14.18 |
15.08 |
14.77 |
Federal Deposit Insurance Corporation Premium Expense |
29.36 |
27.93 |
29.76 |
24.01 |
28.11 |
Other Noninterest Expense |
227.89 |
234.34 |
226.39 |
377.01 |
238.06 |
Total noninterest revenues |
837.63 |
844.10 |
913.72 |
-344.84 |
831.42 |
Total Operating
Expenses |
1,277.54 |
1,292.56 |
1,359.23 |
1,408.29 |
1,279.25 |
Total Costs & Expenses |
2,143.55 |
2,009.06 |
1,867.95 |
1,653.12 |
1,382.08 |
Income /-loss before income taxes |
907.43 |
1,159.74 |
926.17 |
1,010.62 |
847.52 |
Income taxes expenses/-benefit |
217.49 |
292.71 |
224.54 |
245.25 |
200.92 |
Income after income taxes |
663.76 |
840.52 |
675.51 |
739.10 |
620.55 |
Net income/-loss
of other equity |
-26.18 |
-26.51 |
-26.12 |
-26.28 |
-26.05 |
Income /-loss after income taxes |
663.76 |
840.52 |
675.51 |
739.10 |
620.55 |
Extr. Items |
- |
- |
- |
- |
- |
Noncontrolling Interests |
- |
- |
- |
- |
- |
Net Income/-loss |
663.76 |
840.52 |
675.51 |
739.10 |
620.55 |
Noncontrolling interests |
- |
- |
- |
- |
- |
Prefered dividends |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Income/-loss to shareholder |
663.76 |
840.52 |
675.51 |
739.10 |
620.55 |
Per
Share (GAAP Quarterly, in $) |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Basic EPS (excl. extra
items) |
4.00 |
5.07 |
4.03 |
4.30 |
3.55 |
Extraordinary items |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Basic Net EPS |
4.00 |
5.07 |
4.03 |
4.30 |
3.55 |
Basic shares outstanding (Mill.
of Units) |
165.91 |
165.84 |
167.73 |
171.87 |
174.61 |
EPS other shares |
- |
- |
- |
- |
- |
Diluted Net EPS |
3.98 |
5.05 |
4.01 |
3.36 |
3.53 |
Diluted average shares (Mill.
of Units) |
166.57 |
166.32 |
168.41 |
164.05 |
175.68 |
Dividend per share |
1.297 |
1.298 |
1.309 |
1.25 |
1.19 |
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