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MTB| Name | Value |
|---|---|
| Revenues | 3,373.0M |
| Cost of Revenue | 0.0M |
| Gross Profit | 3,373.0M |
| Operating Expense | 408.0M |
| Operating I/L | 905.0M |
| Other Income/Expense | -166.0M |
| Interest Income | 2,789.0M |
| Pretax | 855.0M |
| Income Tax Expense | 200.0M |
| Net Income/Loss | 655.0M |
M&T Bank Corporation operates as a bank holding company, providing commercial and retail banking services. The company generates revenue through its Business Banking segment, offering financial services to small businesses and professionals, and its Commercial Banking segment, providing deposit products, commercial lending, and cash management services for middle-market and large commercial customers. Additionally, the company earns from its Commercial Real Estate segment, originating and servicing commercial real estate loans, as well as its Residential Mortgage Banking segment, offering residential real estate loans and purchasing servicing rights. M&T Bank Corporation also provides trust and wealth management, insurance agency, and investment management services.
