Shares Outstanding for M&T Bank (MTB)
According to M&T Bank's latest reported financial statements, the company's latest reported diluted shares outstanding is 156.55M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

MTB
Currently viewingShares OutstandingSwitch metric
Latest period
156.55M
YoY change
-6.4%
5Y CAGR
+4.0%
Peak year (2024)
167.32M
Latest annual
156.55M
Shares Outstanding history chart for M&T Bank (MTB) from 1985 to 2025
Shares Outstanding history table for M&T Bank (MTB) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 156.55M | -6.4% | ||
| 2024 | 167.32M | +0.2% | ||
| 2023 | 167.00M | +1.8% | ||
| 2022 | 164.03M | +27.3% | ||
| 2021 | 128.81M | +0.1% | ||
| 2020 | 128.70M | -4.3% | ||
| 2019 | 134.46M | -2.9% | ||
| 2018 | 138.51M | -9.2% | ||
| 2017 | 152.55M | -3.0% | ||
| 2016 | 157.30M | +14.4% | ||
| 2015 | 137.53M | +4.3% | ||
| 2014 | 131.84M | -4.3% | ||
| 2013 | 137.83M | +1.3% | ||
| 2012 | 136.00M | +0.8% | ||
| 2011 | 134.93M | +13.5% | ||
| 2010 | 118.84M | +3.5% | ||
| 2009 | 114.78M | +3.5% | ||
| 2008 | 110.90M | +0.8% | ||
| 2007 | 110.01M | -3.4% | ||
| 2006 | 113.92M | -2.0% | ||
| 2005 | 116.23M | -3.5% | ||
| 2004 | 120.41M | +3.8% | ||
| 2003 | 115.95M | +14.3% | ||
| 2002 | 101.48M | +2.5% | ||
| 2001 | 98.97M | +19.0% | ||
| 2000 | 83.19M | +2.7% | ||
| 1999 | 80.98M | +1.8% | ||
| 1998 | 79.51M | +14.2% | ||
| 1997 | 69.64M | -2.2% | ||
| 1996 | 71.19M | +0.6% | ||
| 1995 | 70.78M | -2.2% | ||
| 1994 | 72.37M | -1.4% | ||
| 1993 | 73.43M | +1.2% | ||
| 1992 | 72.54M | +3.8% | ||
| 1991 | 69.89M | +2.4% | ||
| 1990 | 68.23M | +15.9% | ||
| 1989 | 58.86M | -20.6% | ||
| 1988 | 74.17M | -11.7% | ||
| 1987 | 83.96M | +53.8% | ||
| 1986 | 54.58M | +0.8% | ||
| 1985 | 54.15M | — |
Shares Outstanding 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
The 2025 reading of M&T Bank (MTB) diluted shares outstanding is 156.55M – declined 6.4% year-over-year.
Over 2020–2025 (5 years), M&T Bank diluted shares outstanding expanded at a +4.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
M&T Bank diluted shares outstanding peaked at 167.32M in 2024; the latest annual figure is 156.55M in 2025 (6.4% below peak).
The highest annual diluted shares outstanding of 167.32M was reported in 2024. The lowest in the available history was 54.15M in 1985.
M&T Bank (MTB) sits 9th of 8 Financial Services peers we track on this metric, against a peer median of 2.06B.
M&T Bank Shares Outstanding by Year
M&T Bank Shares Outstanding 2025: 156.55M
M&T Bank diluted shares outstanding in 2025 was 156.55M, declined 6.4% below 2024.
M&T Bank Shares Outstanding 2024: 167.32M
M&T Bank diluted shares outstanding in 2024 was 167.32M, edged up 0.2% from 2023. This figure represents the highest annual value in the available history.
M&T Bank Shares Outstanding 2023: 167.00M
M&T Bank diluted shares outstanding in 2023 was 167.00M, edged up 1.8% from 2022.
M&T Bank Shares Outstanding 2022: 164.03M
M&T Bank diluted shares outstanding in 2022 was 164.03M, grew 27.3% from 2021.
M&T Bank Shares Outstanding 2021: 128.81M
M&T Bank diluted shares outstanding in 2021 was 128.81M.
See more financial history for M&T Bank (MTB).
Sector peers — Shares Outstanding
Companies in the same sector as M&T Bank, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Bank of America Corporation (BAC) | 7.55B | Financial Services |
| Wells Fargo & Company (WFC) | 3.22B | Financial Services |
| JPMorgan Chase & Co. (JPM) | 2.79B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | 2.16B | Financial Services |
| Visa Inc. (V) | 1.97B | Financial Services |
| Morgan Stanley (MS) | 1.59B | Financial Services |
| Mastercard Incorporated (MA) | 898.00M | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | 317.60M | Financial Services |
Frequently asked questions
What is M&T Bank's diluted shares outstanding?
- Latest reported diluted shares outstanding for M&T Bank (MTB) is 156.55M (period ending March 31, 2026).
How has M&T Bank diluted shares outstanding changed year-over-year?
- M&T Bank (MTB) diluted shares outstanding changed -6.4% year-over-year on the latest annual filing.
What is the long-term growth rate of M&T Bank diluted shares outstanding?
- M&T Bank (MTB) diluted shares outstanding compound annual growth rate is +4.0% over the most recent 5 years available.
When did M&T Bank diluted shares outstanding hit its highest annual value?
- M&T Bank diluted shares outstanding reached its highest annual value of 167.32M in 2024.
What was M&T Bank diluted shares outstanding in 2024?
- M&T Bank (MTB) diluted shares outstanding in 2024 was 167.32M.
What was M&T Bank diluted shares outstanding in 2025?
- M&T Bank (MTB) diluted shares outstanding in 2025 was 156.55M.
Metrics overview
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