Gross Profit for M&T Bank (MTB)
According to M&T Bank's latest reported financial statements, the company's current gross profit (TTM) is $9.31B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MTB
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$9.31B
YoY change
+6.5%
5Y CAGR
+12.2%
Peak year (2025)
$9.19B
Cumulative gross profit
$120.11B
Gross Profit history chart for M&T Bank (MTB) from 1985 to 2025
Gross Profit history table for M&T Bank (MTB) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $9.19B | +6.5% | ||
| 2024 | $8.62B | -1.5% | ||
| 2023 | $8.75B | +16.8% | ||
| 2022 | $7.50B | +24.2% | ||
| 2021 | $6.04B | +17.1% | ||
| 2020 | $5.15B | -14.3% | ||
| 2019 | $6.02B | +3.8% | ||
| 2018 | $5.80B | +6.1% | ||
| 2017 | $5.46B | +7.0% | ||
| 2016 | $5.11B | +13.5% | ||
| 2015 | $4.50B | +3.8% | ||
| 2014 | $4.33B | -0.9% | ||
| 2013 | $4.37B | +7.0% | ||
| 2012 | $4.08B | +9.6% | ||
| 2011 | $3.73B | +22.9% | ||
| 2010 | $3.03B | +20.1% | ||
| 2009 | $2.53B | +0.9% | ||
| 2008 | $2.50B | -3.0% | ||
| 2007 | $2.58B | -7.2% | ||
| 2006 | $2.78B | +4.8% | ||
| 2005 | $2.66B | +2.8% | ||
| 2004 | $2.58B | +12.3% | ||
| 2003 | $2.30B | +40.4% | ||
| 2002 | $1.64B | +6.9% | ||
| 2001 | $1.53B | +34.3% | ||
| 2000 | $1.14B | +14.4% | ||
| 1999 | $997.27M | +11.9% | ||
| 1998 | $891.60M | +26.7% | ||
| 1997 | $703.90M | +7.0% | ||
| 1996 | $657.90M | +10.5% | ||
| 1995 | $595.50M | +12.1% | ||
| 1994 | $531.30M | +6.0% | ||
| 1993 | $501.30M | +4.2% | ||
| 1992 | $481.30M | +38.5% | ||
| 1991 | $347.40M | +34.3% | ||
| 1990 | $258.60M | +13.5% | ||
| 1989 | $227.80M | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
Gross Profit 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
M&T Bank (MTB) most recent annual gross profit stands at $9.19B (2025) – grew 6.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, M&T Bank gross profit compounded at +12.2% per year, with the latest reading among the more recent periods of the dataset.
The highest annual gross profit of $9.19B was reported in 2025. The lowest in the available history was $0 in 1985.
Among 8 Financial Services peers, M&T Bank (MTB) ranks 9th; the peer median for gross profit is $72.83B.
M&T Bank Gross Profit by Year
M&T Bank Gross Profit 2025: $9.19B
M&T Bank gross profit in 2025 was $9.19B, grew 6.5% from 2024. This figure represents the highest annual value in the available history.
M&T Bank Gross Profit 2024: $8.62B
M&T Bank gross profit in 2024 was $8.62B, edged down 1.5% below 2023.
M&T Bank Gross Profit 2023: $8.75B
M&T Bank gross profit in 2023 was $8.75B, grew 16.8% from 2022.
M&T Bank Gross Profit 2022: $7.50B
M&T Bank gross profit in 2022 was $7.50B, grew 24.2% from 2021.
M&T Bank Gross Profit 2021: $6.04B
M&T Bank gross profit in 2021 was $6.04B.
See more financial history for M&T Bank (MTB).
Sector peers — Gross Profit
Companies in the same sector as M&T Bank, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $167.61B | Financial Services |
| Bank of America Corporation (BAC) | $107.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $87.78B | Financial Services |
| Wells Fargo & Company (WFC) | $80.04B | Financial Services |
| Morgan Stanley (MS) | $65.62B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $59.40B | Financial Services |
| Visa Inc. (V) | $32.15B | Financial Services |
| Mastercard Incorporated (MA) | $27.36B | Financial Services |
Frequently asked questions
What is M&T Bank's gross profit?
- Latest reported gross profit for M&T Bank (MTB) is $9.31B (period ending March 31, 2026).
How has M&T Bank gross profit changed year-over-year?
- M&T Bank (MTB) gross profit changed +6.5% year-over-year on the latest annual filing.
What is the long-term growth rate of M&T Bank gross profit?
- M&T Bank (MTB) gross profit compound annual growth rate is +12.2% over the most recent 5 years available.
When did M&T Bank gross profit hit its highest annual value?
- M&T Bank gross profit reached its highest annual value of $9.19B in 2025.
What was M&T Bank gross profit in 2024?
- M&T Bank (MTB) gross profit in 2024 was $8.62B.
What was M&T Bank gross profit in 2025?
- M&T Bank (MTB) gross profit in 2025 was $9.19B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
MTB Overview
Company profile, financial tools, and key metrics
MTB Revenue Counter
Earns $392.03 every second. See per minute, hour, and day.
MTB Earnings Counter
Earns $92.94 per second net profit. See per minute, hour, and day.
MTB Economic Scale
Exceeds Somalia, Fed. Rep.'s GDP. Compare with world economies.
MTB What If Invested
What if you had invested $1,000? See historical returns from any date.
MTB How It Makes Money
Discover visual breakdown of $12.36B in revenue — where it comes from and where it goes.
MTB Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
MTB Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
MTB Daily Price Character
Steady · 45.5% historical win rate (green days). Streaks & record days.
MTB Buybacks
8.00% TTM buyback yield. Shareholder yield & SBC comparison.
MTB Stock Split History
2 splits on record. Dates, ratios, and cumulative multiple.
MTB Dividend Profile
Yield: 2.71%. Safety: 6/8. See full history.
MTB Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
MTB Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.