EBITDA for M&T Bank (MTB)
According to M&T Bank's latest reported financial statements, the company's current EBITDA (TTM) is $3.93B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MTB
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$3.93B
YoY change
+3.6%
5Y CAGR
+13.6%
Peak year (2023)
$4.12B
Cumulative EBITDA
$53.08B
EBITDA history chart for M&T Bank (MTB) from 1985 to 2025
EBITDA history table for M&T Bank (MTB) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $3.96B | +3.6% | ||
| 2024 | $3.82B | -7.2% | ||
| 2023 | $4.12B | +35.1% | ||
| 2022 | $3.05B | +9.6% | ||
| 2021 | $2.78B | +33.0% | ||
| 2020 | $2.09B | -26.6% | ||
| 2019 | $2.85B | +6.0% | ||
| 2018 | $2.69B | +6.6% | ||
| 2017 | $2.52B | +11.6% | ||
| 2016 | $2.26B | +22.1% | ||
| 2015 | $1.85B | +0.5% | ||
| 2014 | $1.84B | -6.5% | ||
| 2013 | $1.97B | +12.1% | ||
| 2012 | $1.76B | +23.5% | ||
| 2011 | $1.42B | +11.5% | ||
| 2010 | $1.28B | +79.5% | ||
| 2009 | $710.21M | -23.3% | ||
| 2008 | $925.57M | -18.9% | ||
| 2007 | $1.14B | -18.9% | ||
| 2006 | $1.41B | +4.7% | ||
| 2005 | $1.34B | +6.5% | ||
| 2004 | $1.26B | +21.1% | ||
| 2003 | $1.04B | +23.2% | ||
| 2002 | $846.27M | +8.8% | ||
| 2001 | $777.84M | +36.3% | ||
| 2000 | $570.54M | +10.7% | ||
| 1999 | $515.30M | +27.2% | ||
| 1998 | $405.20M | +24.9% | ||
| 1997 | $324.50M | +13.7% | ||
| 1996 | $285.30M | +12.7% | ||
| 1995 | $253.20M | +19.4% | ||
| 1994 | $212.10M | +11.8% | ||
| 1993 | $189.70M | -4.6% | ||
| 1992 | $198.80M | +59.8% | ||
| 1991 | $124.40M | +34.1% | ||
| 1990 | $92.80M | +11.5% | ||
| 1989 | $83.20M | +87.0% | ||
| 1988 | $44.50M | +10.4% | ||
| 1987 | $40.30M | +53.8% | ||
| 1986 | $26.20M | +18.0% | ||
| 1985 | $22.20M | — |
EBITDA values are taken from M&T Bank's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, M&T Bank (MTB) EBITDA totalled $3.96B – edged up 3.6% year-over-year.
Over 2020–2025 (5 years), M&T Bank EBITDA expanded at a +13.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
M&T Bank EBITDA edged down from $4.12B in 2023 to $3.96B in 2025, a 3.9% drawdown.
The dataset's maximum EBITDA sits at $4.12B (2023); the minimum reading of $22.20M dates to 1985.
Within Financial Services, M&T Bank (MTB) ranks 9th among 8 peers we track. The peer median for EBITDA is $27.98B.
M&T Bank EBITDA by Year
M&T Bank EBITDA 2025: $3.96B
M&T Bank EBITDA in 2025 was $3.96B, edged up 3.6% from 2024.
M&T Bank EBITDA 2024: $3.82B
M&T Bank EBITDA in 2024 was $3.82B, declined 7.2% below 2023.
M&T Bank EBITDA 2023: $4.12B
M&T Bank EBITDA in 2023 was $4.12B, surged 35.1% from 2022. This figure represents the highest annual value in the available history.
M&T Bank EBITDA 2022: $3.05B
M&T Bank EBITDA in 2022 was $3.05B, grew 9.6% from 2021.
M&T Bank EBITDA 2021: $2.78B
M&T Bank EBITDA in 2021 was $2.78B.
See more financial history for M&T Bank (MTB).
Sector peers — EBITDA
Companies in the same sector as M&T Bank, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is M&T Bank's EBITDA?
- Latest reported EBITDA for M&T Bank (MTB) is $3.93B (period ending March 31, 2026).
How has M&T Bank EBITDA changed year-over-year?
- M&T Bank (MTB) EBITDA changed +3.6% year-over-year on the latest annual filing.
What is the long-term growth rate of M&T Bank EBITDA?
- M&T Bank (MTB) EBITDA compound annual growth rate is +13.6% over the most recent 5 years available.
When did M&T Bank EBITDA hit its highest annual value?
- M&T Bank EBITDA reached its highest annual value of $4.12B in 2023.
What was M&T Bank EBITDA in 2024?
- M&T Bank (MTB) EBITDA in 2024 was $3.82B.
What was M&T Bank EBITDA in 2025?
- M&T Bank (MTB) EBITDA in 2025 was $3.96B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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