How does M&T Bank (MTB) make money?

M&T Bank (MTB) primarily makes money through Retail Banking, which accounts for 62.7% of total revenue. For TTM through Q1 2026, M&T Bank generated $12.36B in total revenue with a net profit margin of 23.7%.

What is M&T Bank (MTB) gross profit margin?

M&T Bank (MTB) reported a gross profit margin of 75.3% for TTM through Q1 2026, equivalent to $9.31B in gross profit. This means M&T Bank retains 75.3% of each revenue unit after direct costs of production.

What is M&T Bank (MTB) operating profit margin?

M&T Bank (MTB) reported an operating profit margin of 30.7% for TTM through Q1 2026, equivalent to $3.79B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is M&T Bank (MTB) net profit margin?

M&T Bank (MTB) reported a net profit margin of 23.7% for TTM through Q1 2026, equivalent to $2.93B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does M&T Bank (MTB) spend on capital expenditures?

M&T Bank (MTB) spent $56.00M on capital expenditures in TTM through Q1 2026 (0.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is M&T Bank (MTB) free cash flow?

M&T Bank (MTB) generated $2.95B in free cash flow for TTM through Q1 2026 (23.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is M&T Bank (MTB) effective tax rate?

M&T Bank (MTB) had an effective tax rate of 22.7% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How M&T Bank (MTB) Makes Money: A Visual Guide

M&T Bank (MTB) generated $12.36B in revenue, earning $2.93B in net profit (23.7% margin). Its largest revenue source is Retail Banking (62.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

M&T Bank (MTB) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 15, 2026).

Frequently asked questions

How does M&T Bank (MTB) make money?: M&T Bank (MTB) primarily makes money through Retail Banking, which accounts for 62.7% of total revenue. For TTM through Q1 2026, M&T Bank generated $12.36B in total revenue with a net profit margin of 23.7%.
What is M&T Bank (MTB) gross profit margin?: M&T Bank (MTB) reported a gross profit margin of 75.3% for TTM through Q1 2026, equivalent to $9.31B in gross profit. This means M&T Bank retains 75.3% of each revenue unit after direct costs of production.
What is M&T Bank (MTB) operating profit margin?: M&T Bank (MTB) reported an operating profit margin of 30.7% for TTM through Q1 2026, equivalent to $3.79B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is M&T Bank (MTB) net profit margin?: M&T Bank (MTB) reported a net profit margin of 23.7% for TTM through Q1 2026, equivalent to $2.93B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does M&T Bank (MTB) spend on capital expenditures?: M&T Bank (MTB) spent $56.00M on capital expenditures in TTM through Q1 2026 (0.5% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is M&T Bank (MTB) free cash flow?: M&T Bank (MTB) generated $2.95B in free cash flow for TTM through Q1 2026 (23.8% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is M&T Bank (MTB) effective tax rate?: M&T Bank (MTB) had an effective tax rate of 22.7% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.