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MTB (M&T Bank) Interest Expense : $-4,174 Mil (TTM As of Dec. 2024)


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What is M&T Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. M&T Bank's interest expense for the three months ended in Dec. 2024 was $ -979 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-4,174 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. M&T Bank's Operating Income for the three months ended in Dec. 2024 was $ Mil. M&T Bank's Interest Expense for the three months ended in Dec. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


M&T Bank Interest Expense Historical Data

The historical data trend for M&T Bank's Interest Expense 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 Interest Expense Chart

M&T Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -326.40 -114.00 -425.00 -3,109.00 -4,174.00

M&T Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense 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 -1,018.00 -1,065.00 -1,071.00 -1,059.00 -979.00

M&T Bank Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4,174 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 Business Description

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
Christopher E Kay officer: Executive Vice President 500 W MAIN STREET, LOUISVILLE KY 40202
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
Laura P. O'hara officer: Sr. VP/General Counsel ONE M&T PLAZA, BUFFALO NY 14203
Rene F Jones officer: Sr. VP/subsidiary
John R. Taylor officer: EVP & Controller ONE M&T PLAZA, BUFFALO NY 14203
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