M&T Bank Corporation

M&T Bank Corporation operates as the holding company for M&T Bank and Wilmington Trust, National Association that provide commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash management services to middle-market and large commercial customers. The company’s Commercial Real Estate segment offers credit services, which are secured by various types of multifamily residential and commercial real estate properties, as well as deposit services. Its Discretionary Portfolio segment provides securities, residential mortgage loans, and other assets; short-term and long-term borrowed funds; brokered deposits; and Cayman Islands branch deposits, as well as foreign exchange services. The company’s Residential Mortgage Banking segment originates and services residential real estate loans and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile loans, home equity loans and lines of credit, and credit cards; mutual funds and annuities; and other services. The company also offers trust and wealth management services; fiduciary and custodial services; investment management services; and insurance agency services, as well as reinsures credit life. The company offers its services through banking offices, business banking centers, telephone and Internet banking, and automated teller machines.

Company Growth (employees)
Type
Public
HQ
Buffalo, US
Founded
1856
Size (employees)
16,000 (est)
Website
mtb.com
M&T Bank Corporation was founded in 1856 and is headquartered in Buffalo, US

Key People/Management at M&T Bank Corporation

Robert Wilmers

Robert Wilmers

Chairman of the Board and Chief Executive Officer
Robert (1934-2017

Robert (1934-2017

Chairman of the Board and Chief Executive Officer
René Jones

René Jones

Chairman of the Board and Chief Executive Officer
Richard Gold

Richard Gold

President and Chief Operating Officer
Kevin Pearson

Kevin Pearson

Vice Chairman
Robert Bojdak

Robert Bojdak

Executive Vice President and Chief Credit Officer
Janet Coletti

Janet Coletti

Executive Vice President, Human Resources
William Farrell

William Farrell

Executive Vice President, Wealth and Institutional Services
Brian Hickey

Brian Hickey

Executive Vice President and Co-Head of the Commercial Bank
Darren King

Darren King

Executive Vice President and Chief Financial Officer
Gino Martocci

Gino Martocci

Executive Vice President and Area Executive
Doris Meister

Doris Meister

Executive Vice President, Wealth and Institutional Services
Michael Todaro

Michael Todaro

Executive Vice President, Mortgage and Customer Asset Management
Michele Trolli

Michele Trolli

Executive Vice President and Chief Information Officer
D. Warman

D. Warman

Executive Vice President and Treasurer

M&T Bank Corporation Office Locations

M&T Bank Corporation has an office in Buffalo
Buffalo, US (HQ)
345 Main St
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M&T Bank Corporation Financials and Metrics

M&T Bank Corporation Financials

M&T Bank Corporation's revenue was reported to be $5.3 b in FY, 2016
USD

Revenue (Q2, 2017)

1.5 b

Gross profit (Q2, 2017)

1.4 b

Gross profit margin (Q2, 2017), %

94%

Net income (Q2, 2017)

381.1 m

EBIT (Q2, 2017)

938.2 m

Market capitalization (22-Dec-2017)

26.3 b

Cash (30-Jun-2017)

1.3 b

EV

32.6 b
M&T Bank Corporation's current market capitalization is $26.3 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.5 b4.5 b4.7 b5.3 b

Revenue growth, %

(2%)5%13%

Cost of goods sold

284.1 m280.4 m328.3 m426 m

Gross profit

4.3 b4.2 b4.3 b4.9 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

1.2 b1.1 b1.2 b1.2 b1.2 b1.3 b1.2 b1.4 b1.4 b1.5 b1.5 b1.5 b

Cost of goods sold

69.6 m66.5 m65.2 m74 m78.5 m77.2 m77.2 m100.9 m106.8 m111.2 m91.8 m92.2 m

Gross profit

1.2 b1.1 b1.1 b1.1 b1.1 b1.2 b1.1 b1.3 b1.3 b1.3 b1.4 b1.4 b

Gross profit Margin, %

94%94%95%94%93%94%94%93%92%92%94%94%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

1.6 b1.3 b1.4 b1.3 b

PP&E

633.5 m613 m666.7 m675.3 m

Goodwill

3.5 b3.5 b4.6 b4.6 b

Total Assets

85.2 b96.7 b123 b123.4 b
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

1.9 b1.3 b1.2 b1.2 b1.3 b1.3 b1.3 b1.3 b

PP&E

614.8 m590.6 m582 m662.9 m658.2 m660.4 m672.8 m673.6 m

Goodwill

3.5 b3.5 b3.5 b4.6 b4.6 b4.6 b4.6 b4.6 b

Total Assets

84.4 b97.1 b97.8 b125 b124 b127 b123 b121 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.1 b1.1 b1.1 b1.3 b

Cash From Operating Activities

932.3 m1.1 b1.7 b1.2 b

Cash From Financing Activities

957.6 m10.3 b(9.5 b)(510.1 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

917.1 m229 m513.4 m788.7 m241.6 m528.3 m808.7 m298.5 m634.6 m984.5 m348.9 m730 m

Cash From Operating Activities

503.7 m561.1 m469.5 m774.5 m458.4 m558.1 m1.2 b448.2 m650 m1.1 b1.3 b1.6 b

Cash From Investing Activities

(562.1 m)(3.4 b)(5.3 b)(12.1 b)(1.8 b)(554.6 m)(1.6 b)(2 b)(907.1 m)(4 b)(826 m)

Cash From Financing Activities

131.6 m3 b5.1 b11.2 b1.3 b(26 m)221.6 m1.4 b173.5 m2.9 b(493.4 m)(3.3 b)
USDY, 2017

EV/EBIT

34.7 x

EV/CFO

20.1 x

Revenue/Employee

93.2 k

Financial Leverage

7.4 x
Show all financial metrics

M&T Bank Corporation Operating Metrics

M&T Bank Corporation's Total Loans Issued was reported to be $89.3 b in FY, 2017. M&T Bank Corporation's Assets Under Management was reported to be $70.7 b in FY, 2016, which is a 6% increase from the previous period
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016FY, 2017FY, 2017

Assets Under Management

$68.2 b$66.7 b$70.7 b

Total Loans Issued

$66.9 b$67.33 b$68.36 b$68.77 b$87.72 b$86.91 b$87.55 b$88.67 b$91.1 b$88.31 b$89.32 b

Bank Branches

766863855

Non-accrual Loans

$799.15 m$790.59 m$797.15 m$787.1 m$799.41 m$837.36 m$848.86 m$876.69 m$920.02 m$926.68 m$872.37 m
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M&T Bank Corporation Market Value History

M&T Bank Corporation's Web-traffic and Trends

M&T Bank Corporation Online and Social Media Presence

M&T Bank Corporation Company Life and Culture

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