M&T Bank Corporation revenue by segment MTB

Annual Quarterly

M&T Bank Corporation splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Institutional Services And Wealth Management at $854.0 million, 52% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Institutional Services And Wealth Management at $854.0 million, 52% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Sep 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017	FY 2016 Dec 31, 2016
Revenue	1,718	1,657	1,541	9,643	8,179	5,992	5,955	6,192	5,928	5,632	5,296
Operating segments
Institutional Services And Wealth Management	—	854 +7.0% share 51.5%	798 +1.9% share 51.8%	783 -9.2% share 8.1%	862 share 10.5%	—	—	—	—	—	—
Retail Banking	—	501 +6.4% share 30.2%	471 share 30.6%	—	—	—	—	—	—	—	—
Commercial Banking	—	302 +11.0% share 18.2%	272 +5.8% share 17.7%	257 +10.8% share 2.7%	232 share 2.8%	—	—	—	—	—	—
Sales mix
Institutional Services And Wealth Management	—	854 +7.0% share 51.5%	798 +1.9% share 51.8%	783 -9.2% share 8.1%	862 share 10.5%	—	—	—	—	—	—
Retail Banking	—	501 +6.4% share 30.2%	471 share 30.6%	—	—	—	—	—	—	—	—
Deposit Account	—	177 +10.6% share 10.7%	160 +11.1% share 10.4%	144 -67.8% share 1.5%	447 +11.2% share 5.5%	402 +8.4% share 6.7%	371 -14.4% share 6.2%	433 +0.8% share 7.0%	429 +0.5% share 7.2%	427 share 7.6%	—
Credit Card Merchant Discount	—	75 +1.4% share 4.5%	74 -3.9% share 4.8%	77 +5.5% share 0.8%	73 share 0.9%	—	—	—	—	—	—
Product And Service Other	—	40 +37.9% share 2.4%	29 +3.6% share 1.9%	28 +16.7% share 0.3%	24 share 0.3%	—	—	—	—	—	—
Brokerage Services Income	—	6 +0.0% share 0.4%	6 +0.0% share 0.4%	6 +20.0% share 0.1%	5 share 0.1%	—	—	—	—	—	—
Fiduciary And Trust	—	4 +33.3% share 0.2%	3 +50.0% share 0.2%	2 -99.7% share 0.0%	741 +14.9% share 9.1%	645 +7.2% share 10.8%	602 +5.1% share 10.1%	573 +6.5% share 9.2%	538 +7.2% share 9.1%	501 share 8.9%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: State Commercial Banks (SIC 6022)
Listed as: MTB (NYSE), MTB-PH (NYSE), MTB-PJ (NYSE), MTB-PK (NYSE), MTB-PL (NYSE)
Fiscal year ends: December 31
Incorporated in: NY
Headquarters: Buffalo, NY
SEC filer status: Large accelerated filer
SEC CIK: 36270
Former names: FIRST EMPIRE STATE CORP (until May 18, 1998)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.