Operating CF
$3.38B
Capex
-$127M
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 | -$127M | $3.25B |
| Free Cash Flow | $3.25B | $3.25B |
| Acquisitions | -$683M | $2.57B |
| Other Investing | -$8.74B | -$6.17B |
| Share Buybacks | -$3.21B | -$9.39B |
| Dividends Paid | -$1.05B | -$10.4B |
| Net Debt Change | $7.45B | -$3B |
| Other Financing | -$2.18B | -$5.18B |
| Forex Effect | $546M | -$4.63B |
| Net Cash Decrease | -$4.63B | -$4.63B |
- Operating Cash Flow$3.38B
- Capital Expenditure-$127M
- Free Cash Flow$3.25B
- Acquisitions-$683M
- Other Investing-$8.74B
- Share Buybacks-$3.21B
- Dividends Paid-$1.05B
- Net Debt Change$7.45B
- Other Financing-$2.18B
- Forex Effect$546M
- Net Cash Decrease-$4.63B
Want to see what drove the FCF change?Free Cash Flow Bridge
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- Buybacks9.52% TTM
- Dividend Profile2.39% yield
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- Stock Split History2 splits
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