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MTB-PH| Name | Value |
|---|---|
| Revenues | 2,332.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 2,332.0M |
| Operating Expense | 2,332.0M |
| Operating I/L | 909.0M |
| Other Income/Expense | 0.0M |
| Interest Income | 2,785.0M |
| Pretax | 909.0M |
| Income Tax Expense | 188.0M |
| Net Income/Loss | 721.0M |
M&T Bank Corporation operates as a bank holding company, providing commercial and retail banking services. The company's Business Banking segment offers deposit, lending, cash management, and financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending, leasing, letters of credit, and cash management services for middle-market and large commercial customers. The company's Residential Mortgage Banking segment offers residential real estate loans for consumers and sells those loans in the secondary market; and purchases servicing rights to loans originated by other entities. Its Retail Banking segment offers various consumer financial products and services.
