Operating Income for M&T Bank (MTB)
According to M&T Bank's latest reported financial statements, the company's current operating income (TTM) is $3.79B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MTB
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$3.79B
YoY change
+11.5%
5Y CAGR
+15.8%
Peak year (2025)
$3.69B
Cumulative operating income
$46.57B
Operating Income history chart for M&T Bank (MTB) from 1985 to 2025
Operating Income history table for M&T Bank (MTB) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $3.69B | +11.5% | ||
| 2024 | $3.31B | -8.5% | ||
| 2023 | $3.62B | +38.6% | ||
| 2022 | $2.61B | +6.4% | ||
| 2021 | $2.46B | +38.7% | ||
| 2020 | $1.77B | -30.5% | ||
| 2019 | $2.55B | +1.6% | ||
| 2018 | $2.51B | +7.9% | ||
| 2017 | $2.32B | +12.9% | ||
| 2016 | $2.06B | +22.9% | ||
| 2015 | $1.67B | +2.0% | ||
| 2014 | $1.64B | -7.0% | ||
| 2013 | $1.77B | +13.7% | ||
| 2012 | $1.55B | +26.8% | ||
| 2011 | $1.22B | +12.1% | ||
| 2010 | $1.09B | +110.4% | ||
| 2009 | $519.29M | -29.8% | ||
| 2008 | $739.78M | -23.2% | ||
| 2007 | $963.54M | -21.8% | ||
| 2006 | $1.23B | +5.2% | ||
| 2005 | $1.17B | +9.8% | ||
| 2004 | $1.07B | +25.4% | ||
| 2003 | $850.67M | +18.7% | ||
| 2002 | $716.48M | +22.7% | ||
| 2001 | $583.90M | +30.8% | ||
| 2000 | $446.41M | +6.7% | ||
| 1999 | $418.30M | +28.5% | ||
| 1998 | $325.60M | +15.4% | ||
| 1997 | $282.10M | +13.3% | ||
| 1996 | $249.00M | +12.6% | ||
| 1995 | $221.10M | +13.7% | ||
| 1994 | $194.50M | +12.1% | ||
| 1993 | $173.50M | +6.6% | ||
| 1992 | $162.70M | +41.7% | ||
| 1991 | $114.80M | +35.5% | ||
| 1990 | $84.70M | +11.0% | ||
| 1989 | $76.30M | +71.5% | ||
| 1988 | $44.50M | +10.4% | ||
| 1987 | $40.30M | +53.8% | ||
| 1986 | $26.20M | +18.0% | ||
| 1985 | $22.20M | — |
Operating Income 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
2025's annual operating income for M&T Bank (MTB) came in at $3.69B – grew 11.5% year-over-year.
Looking at the 2020–2025 (5 years) stretch, M&T Bank operating income compounded at +15.8% per year, with the latest reading among the more recent periods of the dataset.
2025 marks the peak operating income at $3.69B, with the historical low of $22.20M recorded in 1985.
Among 8 Financial Services peers, M&T Bank (MTB) ranks 9th; the peer median for operating income is $24.60B.
M&T Bank Operating Income by Year
M&T Bank Operating Income 2025: $3.69B
M&T Bank operating income in 2025 was $3.69B, grew 11.5% from 2024. This figure represents the highest annual value in the available history.
M&T Bank Operating Income 2024: $3.31B
M&T Bank operating income in 2024 was $3.31B, declined 8.5% below 2023.
M&T Bank Operating Income 2023: $3.62B
M&T Bank operating income in 2023 was $3.62B, surged 38.6% from 2022.
M&T Bank Operating Income 2022: $2.61B
M&T Bank operating income in 2022 was $2.61B, grew 6.4% from 2021.
M&T Bank Operating Income 2021: $2.46B
M&T Bank operating income in 2021 was $2.46B.
See more financial history for M&T Bank (MTB).
Sector peers — Operating Income
Companies in the same sector as M&T Bank, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $72.59B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $59.54B | Financial Services |
| Bank of America Corporation (BAC) | $37.70B | Financial Services |
| Wells Fargo & Company (WFC) | $25.20B | Financial Services |
| Visa Inc. (V) | $23.99B | Financial Services |
| Morgan Stanley (MS) | $21.95B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $21.85B | Financial Services |
| Mastercard Incorporated (MA) | $19.40B | Financial Services |
Frequently asked questions
What is M&T Bank's operating income?
- Latest reported operating income for M&T Bank (MTB) is $3.79B (period ending March 31, 2026).
How has M&T Bank operating income changed year-over-year?
- M&T Bank (MTB) operating income changed +11.5% year-over-year on the latest annual filing.
What is the long-term growth rate of M&T Bank operating income?
- M&T Bank (MTB) operating income compound annual growth rate is +15.8% over the most recent 5 years available.
When did M&T Bank operating income hit its highest annual value?
- M&T Bank operating income reached its highest annual value of $3.69B in 2025.
What was M&T Bank operating income in 2024?
- M&T Bank (MTB) operating income in 2024 was $3.31B.
What was M&T Bank operating income in 2025?
- M&T Bank (MTB) operating income in 2025 was $3.69B.
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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