--- title: "M&T Bank: Metrics Guide" description: "M&T Bank revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/m-and-t-bank/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # M&T Bank: Financial & Operating Metrics Guide ## Direct Answer M&T Bank reported revenue of $1.7 billion for the fiscal year ended December 31, 2025, net income of $2.9 billion, according to its SEC filings. Revenue grew 7.5% from the prior year. ## What Are M&T Bank's Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $1.7 billion | $1.5 billion | $9.6 billion | $8.2 billion | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | $2.9 billion | $2.6 billion | $2.7 billion | $2.0 billion | | Net margin | 172.1% | 167.9% | 28.4% | 24.4% | | Operating cash flow | $3.0 billion | $3.6 billion | $3.9 billion | $4.6 billion | | Capital expenditures | Not reported | Not reported | $256 million | $214 million | | Free cash flow | Not reported | Not reported | $3.6 billion | $4.4 billion | ![Bar chart of M&T Bank revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $1.7 billion and net income $2.9 billion.](https://www.getswoopr.com/images/charts/m-and-t-bank-metrics-revenue-profit.webp) *M&T Bank revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of M&T Bank net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 172.1%.](https://www.getswoopr.com/images/charts/m-and-t-bank-metrics-margins.webp) *M&T Bank operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of M&T Bank operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $3.0 billion, capital expenditures was not reported, free cash flow was not reported.](https://www.getswoopr.com/images/charts/m-and-t-bank-metrics-cash-flow.webp) *M&T Bank operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does M&T Bank's Balance Sheet Show? | Cash and cash equivalents | $18.8 billion | | --- | --- | | Long-term debt | $10.9 billion | | Total assets | $214 billion | | Total liabilities | $184 billion | | Shareholders' equity | $29.2 billion | | Current ratio | n/a | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value M&T Bank reported in its own SEC filings, read from the SEC's XBRL data (accession 0000036270-26-000010 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was M&T Bank's revenue in fiscal 2025? M&T Bank reported revenue of $1.7 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is M&T Bank's operating margin? M&T Bank did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did M&T Bank generate? M&T Bank did not report both operating cash flow and capital expenditures under the standard tags for fiscal 2025, so free cash flow is not computed here. ## References - [SEC EDGAR: M&T BANK CORP Form 10-K filed February 18, 2026](https://www.sec.gov/Archives/edgar/data/36270/000003627026000010/mtb-20251231.htm) - [SEC EDGAR: M&T BANK CORP annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=36270&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [M&T Bank company dossier](https://www.getswoopr.com/stocks/companies/m-and-t-bank/) - [M&T Bank financial metrics](https://www.getswoopr.com/stocks/companies/m-and-t-bank/metrics/) - [M&T Bank financial risk indicators](https://www.getswoopr.com/stocks/companies/m-and-t-bank/risks/) - [M&T Bank peer comparison](https://www.getswoopr.com/stocks/companies/m-and-t-bank/competitors/) - [M&T Bank business model and revenue mix](https://www.getswoopr.com/stocks/companies/m-and-t-bank/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).