Operating CF
$3.38B
Capex
−$127.00M
Free Cash Flow
$3.25B
FCF Margin
+96.2%
Cash flow waterfall for M&T Bank (MTB) — TTM through Q1 2026
Free cash flow: $3.25B
Note: Other Investing is large — driven mainly by purchases or sales of investments.
Cash flow breakdown for M&T Bank (MTB) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $3.38B | $3.38B |
| Capital Expenditure | −$127.00M | $3.25B |
| Free Cash Flow | $3.25B | $3.25B |
| Acquisitions | −$683.00M | $2.57B |
| Other Investing | −$8.74B | −$6.17B |
| Share Buybacks | −$3.21B | −$9.39B |
| Dividends Paid | −$1.05B | −$10.44B |
| Net Debt Change | $7.45B | −$3.00B |
| Other Financing | −$2.18B | −$5.18B |
| Forex Effect | $546.00M | −$4.63B |
| Net Cash Decrease | −$4.63B | −$4.63B |
- Operating Cash Flow$3.38B
- Capital Expenditure−$127.00M
- Free Cash Flow$3.25B
- Acquisitions−$683.00M
- Other Investing−$8.74B
- Share Buybacks−$3.21B
- Dividends Paid−$1.05B
- Net Debt Change$7.45B
- Other Financing−$2.18B
- Forex Effect$546.00M
- Net Cash Decrease−$4.63B
Want to see what drove the FCF change?Free Cash Flow Bridge
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