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. In the quarter to June 2026, revenue grew 2.07%, EPS grew 25.6%, free cash flow grew 52.4% and total debt rose 9.60%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years.

215.28 3.37 −1.54%
Market cap
$31.6B
P/E
11.3×
Fwd P/E
11.9×
Dividend yield
2.79%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

M&T Bank Corporation (MTB) Free cash flow

Alert me on Free cash flow

M&T Bank Corporation's free cash flow for fiscal 2025 was $2.9B, down 15.7% from $3.4B in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.6B. Over the past ten years it has ranged from $616.9M (fiscal 2020) to $4.4B (fiscal 2022); the current reading is higher than 73% of that period. Free cash flow has fallen for 3 consecutive fiscal years. M&T Bank Corporation ranks 16th of 323 Banks Regional companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $2.9B (15.73%)
FY2024 $3.4B (6.99%)
FY2023 $3.6B (16.31%)
FY2022 $4.4B 69.91%
FY2021 $2.6B 315.95%
FY2020 $616.9M (71.70%)
FY2019 $2.2B 9.40%
FY2018 $2.0B (26.30%)
FY2017 $2.7B 151.27%
FY2016 $1.1B (35.22%)

Quarterly newest first

Period Free cash flow Change
Jun 2026 $1.2B 36.14%
Mar 2026 $916.0M 96.15%
Dec 2025 $467.0M (51.61%)
Sep 2025 $965.0M 17.97%
42 more quarters

Against its own ten years

Low $616.9M High $4.4B
Ten-year median $2.6B
Current reading's percentile 73

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

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

The full definition of Free cash flow →

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