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GuruFocus has detected 5 Warning Signs with M&T Bank Corp $MTB.
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M&T Bank Corp (NYSE:MTB)
Pre-Tax Income
$2,058 Mil (TTM As of Dec. 2016)

Pretax income is the income that a company earns before paying income taxes. M&T Bank Corp's pretax income for the three months ended in Dec. 2016 was $510 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $2,058 Mil. M&T Bank Corp's pretax margin was 38.03%.

During the past 13 years, M&T Bank Corp's highest Pretax Margin was 38.90%. The lowest was 16.73%. And the median was 35.25%.


Definition

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

M&T Bank Corp's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=2058.398+0
=2,058

M&T Bank Corp's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Other
=510.12+0
=510

M&T Bank Corp Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 was 467.802 (Mar. 2016 ) + 530.178 (Jun. 2016 ) + 550.298 (Sep. 2016 ) + 510.12 (Dec. 2016 ) = $2,058 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

M&T Bank Corp's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=510.12/1341.223
=38.03%

During the past 13 years, M&T Bank Corp's highest Pretax Margin was 38.90%. The lowest was 16.73%. And the median was 35.25%.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

M&T Bank Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Pretax Income 9647405191,0931,2251,5531,7661,6421,6752,058

M&T Bank Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
Pretax Income 426434375454435411468530550510
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