Switch to:
M&T Bank Corp (NYSE:MTB)
Cash Flow from Operations
$1,534 Mil (TTM As of Mar. 2015)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2015, M&T Bank Corp's Net Income From Continuing Operations was $1,079 Mil. Its DDA was $189 Mil. Its Change In Working Capital was $-490 Mil. Its cash flow from deferred tax was $88 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $131 Mil. In all, M&T Bank Corp's Cash Flow from Operations for the three months ended in Mar. 2015 was $996 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

M&T Bank Corp's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

M&T Bank Corp's Cash Flow from Operations for the quarter that ended in Mar. 2015 is

M&T Bank Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2015 was -91.594 (Jun. 2014 ) + 305.006 (Sep. 2014 ) + 324.531 (Dec. 2014 ) + 996.309 (Mar. 2015 ) = $1,534 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

M&T Bank Corp's net income from continuing operations for the three months ended in Mar. 2015 was $1,079 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

M&T Bank Corp's depreciation, depletion and amortization for the three months ended in Mar. 2015 was $189 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

M&T Bank Corp's change in working capital for the three months ended in Mar. 2015 was $-490 Mil. It means M&T Bank Corp's working capital declined by $490 Mil from Dec. 2014 to Mar. 2015 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

M&T Bank Corp's cash flow from deferred tax for the three months ended in Mar. 2015 was $88 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

M&T Bank Corp's cash flow from discontinued operations for the three months ended in Mar. 2015 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

M&T Bank Corp's stock based compensation for the three months ended in Mar. 2015 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

M&T Bank Corp's cash flow from others for the three months ended in Mar. 2015 was $131 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

M&T Bank Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
NetIncomeFromContinuingOperations 7828396545563807368591,0291,1381,066
CF_DDA 174176178186191182198205204199
ChangeInWorkingCapital -22-605221327-239247428-1,127-625-383
CF_DeferredTax -88-68-45-1783513413214093
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -54819832657777545925426175124
Cash Flow from Operations 2985401,3351,6281,1891,6761,7725009321,099

M&T Bank Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
NetIncomeFromContinuingOperations 2962743482942212292842752781,079
CF_DDA 505149505453514946189
ChangeInWorkingCapital -407306-493-50467205-455-43-89-490
CF_DeferredTax 231911634742-1-75988
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 64492-164032303031131
Cash Flow from Operations 26698-82-113429561-92305325996
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK