[MTB] YoY Annual Result on 31-Dec-2023 [#FY]

Stock
[MTB] M&T Bank Corporation
Announcement Date
21-Feb-2024
Financial Year
2023
Quarter
31-Dec-2023 [#FY]
Profit Trend
YoY- 37.60%
Quarter Report
MTB's Result
MTB's Financial Summary
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Annual Result
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
Revenue 8,998,000 8,042,559 5,991,772 5,954,761 6,191,943 5,928,302 5,632,187 8.11%
PBT 3,619,000 2,611,123 2,455,149 1,769,521 2,547,261 2,508,240 2,323,862 7.65%
Tax 878,000 619,460 596,403 416,369 618,112 590,160 915,556 -0.69%
NP 2,741,000 1,992,000 1,859,000 1,353,152 1,929,149 1,918,080 1,408,306 11.73%
Tax Rate -24.26% -23.72% -24.29% -23.53% -24.27% -23.53% -39.40% -
Total Cost 6,257,000 6,050,559 4,132,772 4,601,609 4,262,794 4,010,222 4,223,881 6.76%
Ratio Analysis
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
NP Margin 30.46 24.77 31.03 22.72 31.16 32.35 25.00 3.34%
Per Share
31/12/23 31/12/22 31/12/21 31/12/20 31/12/19 31/12/18 31/12/17 CAGR
EPS 15.85 11.59 13.81 9.94 13.76 13.85 8.72 10.46%
EPS Diluted 15.78 11.53 13.80 9.94 13.75 13.85 8.70 10.42%

PBT = Profit before Tax, NP = Net Profit, NP Margin = Net Profit Margin, EPS = Earning Per Share, EPS Diluted = Earning Per Share Diluted.

NP Margin, QoQ ⃤ & YoY ⃤ figures in Percentage; EPS & EPS Diluted figures in Cent.

All figures in '000 unless specified.