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

218.59 1.19 −0.54%
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) Gross margin

Alert me on Gross margin

M&T Bank Corporation's gross margin over the twelve months to 30 September 2026 was 74.9%, up 1.7 percentage points from fiscal 2025 (73.3%). Over the past ten years it has ranged from 69.0% (fiscal 2024) to 98.1% (fiscal 2021); the current reading is higher than 18% of that period. That is above the Banks Regional industry median of 69.8% and above the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 73.3% 4.28
FY2024 69.0% (6.65)
FY2023 75.6% (19.44)
FY2022 95.1% (3.07)
FY2021 98.1% 3.33
FY2020 94.8% 5.60
FY2019 89.2% (2.64)
FY2018 91.8% (1.73)
FY2017 93.6% 1.01
FY2016 92.6% (0.87)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 74.4% (0.99)
Jun 2026 75.4% (0.33)
Mar 2026 75.7% 1.43
Dec 2025 74.3% 1.04
43 more quarters

Against its own ten years

Low 69.0% High 98.1%
Ten-year median 92.6%
Current reading's percentile 26

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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