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M&T Bank (M&T Bank) Pre-Tax Income

: $3,357 Mil (TTM As of Dec. 2023)
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Pretax income is the income that a company earns before paying income taxes. M&T Bank's pretax income for the three months ended in Dec. 2023 was $626 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $3,357 Mil. M&T Bank's pretax margin was 27.44%.

During the past 13 years, M&T Bank's highest Pretax Margin was 42.31%. The lowest was 29.72%. And the median was 38.69%.


M&T Bank Pre-Tax Income Historical Data

The historical data trend for M&T Bank's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 2,547.26 [6] => 1,769.52 [7] => 2,455.00 [8] => 2,612.00 [9] => 3,619.00 )
M&T Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,547.26 1,769.52 2,455.00 2,612.00 3,619.00

M&T Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 926.17 1,159.74 907.43 625.66 664.00

Competitive Comparison

For the Banks - Regional subindustry, M&T Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


M&T Bank Pre-Tax Income Distribution

For the Banks industry and Financial Services sector, M&T Bank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where M&T Bank's Pre-Tax Income falls into.



M&T Bank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

M&T Bank's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+3619
=3,619

M&T Bank's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+625.661
=626

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,357 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


M&T Bank  (NYSE:MTB) Pre-Tax Income Explanation

M&T Bank's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=625.661/2280.334
=27.44%

During the past 13 years, M&T Bank's highest Pretax Margin was 42.31%. The lowest was 29.72%. And the median was 38.69%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


M&T Bank Pre-Tax Income Related Terms

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M&T Bank (M&T Bank) Business Description

Traded in Other Exchanges
Address
One M&T Plaza, Buffalo, NY, USA, 14203
M&T Bank is one of the largest regional banks in the United States, with branches in New York, Pennsylvania, West Virginia, Virginia, Maryland, Delaware, and New Jersey. The bank was founded to serve manufacturing and trading businesses around the Erie Canal and is primarily focused on commercial real estate and commercial-related lending, with some retail operations also present.
Executives
John P Barnes director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
Kirk W Walters director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, 16TH FLOOR, BRIDGEPORT CT 06604
Gary N Geisel director C/O PROVIDENT BANKSHARES CORP, 114 LEXINGTON STREET, BALTIMORE MD 21202
Robert J Bojdak officer: Executive Vice President ONE FOUNTAIN PLAZA, BUFFALO NY 14203
Doris P. Meister officer: Executive Vice President 1100 NORTH MARKET STREET, WILMINGTON DE 19801
Daryl N. Bible officer: Sr. EVP & CFO 214 N TRYON STREET, CHARLOTTE NC 28202
John R. Taylor officer: EVP & Controller ONE M&T PLAZA, BUFFALO NY 14203
Ledgett Richard H. Jr. director 1052 ST. STEPHENS CHURCH ROAD, CROWNSVILLE MD 21032
Carlton J. Charles director 300 WEST 57TH STREET, NEW YORK NY 10019
Warman D Scott N officer: Senior Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michael J. Todaro officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Michele D Trolli officer: Exec. VP & Chief Info. Officer 465 MAIN STREET, 8TH FLOOR, BUFFALO NY 14203
Edna Jennifer Warren officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Christopher E Kay officer: Executive Vice President 500 W MAIN STREET, LOUISVILLE KY 40202
Kevin J Pearson officer: Executive Vice President