M&T Bank Corporation

MTB Financial Banks Regional

M&T Bank Corporation’s revenue for fiscal 2025 (year ended December 2025) was $13.2 billion, down 1.67% from fiscal 2024.

Revenue
−0.64%
EPS
+4.74%
Free cash flow
+52.4%
Total debt
+5.57%

Quarter to September 2026, against a year earlier

219.83 4.81 −2.14%
Market cap
$31.7B
P/E
11.4×
Fwd P/E
11.3×
Dividend yield
2.73%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

M&T Bank Corporation (MTB) Free cash flow margin

Alert me on Free cash flow margin

M&T Bank Corporation's free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 21.6 percentage points from fiscal 2025 (21.6%). Over the past ten years it has ranged from 9.82% (fiscal 2020) to 50.7% (fiscal 2022); the current reading is higher than 27% of that period. That is below the Banks Regional industry median of 18.0% and below the Financial sector median of 11.4%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 21.6% (3.61)
FY2024 25.2% (3.39)
FY2023 28.6% (22.05)
FY2022 50.7% 8.65
FY2021 42.0% 32.20
FY2020 9.82% (21.58)
FY2019 31.4% 0.54
FY2018 30.9% (14.05)
FY2017 44.9% 26.11
FY2016 18.8% (14.44)

Against its own ten years

Low 9.82% High 50.7%
Ten-year median 30.9%
Current reading's percentile 27

Free cash flow margin against peers

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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