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MTBPC.CL.PFD (M&T Bank) Credit Losses Provision : $610.00 Mil (As of Sep. 2024)


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What is M&T Bank Credit Losses Provision?

M&T Bank's credit losses provision for the three months ended in Sep. 2024 was $120.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was $610.00 Mil.

M&T Bank's quarterly credit losses provision declined from Mar. 2024 ($200.00 Mil) to Jun. 2024 ($150.00 Mil) and declined from Jun. 2024 ($150.00 Mil) to Sep. 2024 ($120.00 Mil).

M&T Bank's annual credit losses provision increased from Dec. 2021 ($-75.00 Mil) to Dec. 2022 ($275.00 Mil) and increased from Dec. 2022 ($275.00 Mil) to Dec. 2023 ($645.00 Mil).

M&T Bank Credit Losses Provision Historical Data

The historical data trend for M&T Bank's Credit Losses Provision 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.

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M&T Bank Credit Losses Provision Chart

M&T Bank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 800.00 -75.00 275.00 645.00 610.00

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
Credit Losses Provision 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 225.00 200.00 150.00 120.00 140.00

M&T Bank Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision 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 $610.00 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

Industry
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Address
One M&T Plaza, Buffalo, NY, USA, 14203
Website
https://www3.mtb.com
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.