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MTB (M&T Bank) Earnings per Share (Diluted) : $13.51 (TTM As of Sep. 2024)


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What is M&T Bank Earnings per Share (Diluted)?

M&T Bank's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was $4.02. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 was $13.51.

M&T Bank's EPS (Basic) for the three months ended in Sep. 2024 was $4.04. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2024 was $13.58.

M&T Bank's EPS without NRI for the three months ended in Sep. 2024 was $4.08. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2024 was $13.77.

During the past 12 months, M&T Bank's average EPS without NRIGrowth Rate was -22.40% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 17.10% per year. During the past 5 years, the average EPS without NRI Growth Rate was 4.60% per year. During the past 10 years, the average EPS without NRI Growth Rate was 8.00% per year.

During the past 13 years, M&T Bank's highest 3-Year average EPS without NRI Growth Rate was 31.60% per year. The lowest was -22.40% per year. And the median was 13.10% per year.


M&T Bank Earnings per Share (Diluted) Historical Data

The historical data trend for M&T Bank's Earnings per Share (Diluted) 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.

M&T Bank Earnings per Share (Diluted) Chart

M&T Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.75 9.94 13.80 11.53 15.79

M&T Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Earnings per Share (Diluted) Get a 7-Day Free Trial 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 3.98 2.74 3.02 3.73 4.02

Competitive Comparison of M&T Bank's Earnings per Share (Diluted)

For the Banks - Regional subindustry, M&T Bank's PE Ratio, along with its competitors' market caps and PE Ratio 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's PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, M&T Bank's PE Ratio distribution charts can be found below:

* The bar in red indicates where M&T Bank's PE Ratio falls into.



M&T Bank Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

M&T Bank's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(2741-100)/167.002
=15.81

M&T Bank's Earnings Per Share (Diluted) for the quarter that ended in Sep. 2024 is calculated as

Diluted Earnings Per Share (Q: Sep. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(721-47)/167.567
=4.02

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.51

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


M&T Bank  (NYSE:MTB) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


M&T Bank Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of M&T Bank's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


M&T Bank Business Description

Industry
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
Gary N Geisel director C/O PROVIDENT BANKSHARES CORP, 114 LEXINGTON STREET, BALTIMORE MD 21202
Woodrow S. Tracy officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Denis J Salamone director C/O HUDSON CITY BANCORP, INC., WEST 80 CENTURY ROAD, PARAMUS NJ 07652
John P Barnes director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, BRIDGEPORT CT 06604
Michael J. Todaro officer: Executive Vice President ONE M&T PLAZA, BUFFALO NY 14203
Kirk W Walters director C/O PEOPLE'S UNITED BANK, 850 MAIN STREET, 16TH FLOOR, BRIDGEPORT CT 06604
Kevin J Pearson officer: Executive Vice President
Sadler Robert E Jr director, officer: Executive Vice President
John R. Taylor officer: EVP & Controller ONE M&T PLAZA, BUFFALO NY 14203
Rene F Jones officer: Sr. VP/subsidiary
Laura P. O'hara officer: Sr. VP/General Counsel ONE M&T PLAZA, BUFFALO NY 14203
Christopher E Kay officer: Executive Vice President 500 W MAIN STREET, LOUISVILLE KY 40202
Doris P. Meister officer: Executive Vice President 1100 NORTH MARKET STREET, WILMINGTON DE 19801
Robert J Bojdak officer: Executive Vice President ONE FOUNTAIN PLAZA, BUFFALO NY 14203
Daryl N. Bible officer: Sr. EVP & CFO 214 N TRYON STREET, CHARLOTTE NC 28202