M&T BANK CORP company info

CIK 36270
IRS Number 160968385
State of incorporation NY
Business address C/O CORPORATE REPORTING
ONE M&T PLAZA 5TH FLOOR
BUFFALO
NY
14203
Mail address C/O CORPORATE REPORTING
ONE M&T PLAZA 5TH FLR
BUFFALO
NY
14203

Short summary

M&T BANK CORP is a New York company, with head office located at C/O Corporate Reporting Buffalo, New York 14203. The company achieved a record breaking net income last year - 1.92 billion USD. This is 36.20% higher than one reported in 2017. In 2018 the company owned a total of 120.03 billion USD worth of assets. 2015 was the year when the company amassed the most assets.

M&T BANK CORP Income Statement

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Interest expense 1,694.581,337.80669.45462.27402.33343.17284.11280.43328.26425.98386.75526.41
Income Tax Expense (Benefit) 309.28183.89139.40356.63365.12523.03579.07522.62595.03743.28915.56590.16
Net income 654.26555.89379.89736.16859.481,029.501,138.481,066.251,079.671,315.111,408.311,918.08

M&T BANK CORP Balance Sheet

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 1,624.961,638.501,150.731,055.891,332.921,422.831,474.501,917.441,350.861,284.441,345.481,420.89
Collateral Already Posted, Aggregate Fair Value 274219303266
Property, Plant and Equipment, Gross 846.80886.401,096.331,160.731,261.891,314.421,406.581,437.121,487.351,491.66
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment -410.96-450.56514.89566.08628.37701.44739.90761.85840.90844.25
Goodwill 3,524.633,524.633,524.633,524.633,524.633,524.633,513.334,593.114,593.114,593.114,593.11
Intangible Assets, Net (Excluding Goodwill) 216.07152.71275.06143.7189.9249.5642.20
Total assets 69,913.2268,153.6277,727.1580,807.5883,229.0190,835.0097,080.08123,820.58120,896.57118,426.05120,025.21
Long-term Debt 11,568.249,255.537,128.925,687.875,122.407,391.9310,175.9110,328.757,649.588,382.328,476.02
Total liabilities 62,513.0560,051.7768,482.9671,177.6772,512.6878,666.2584,412.08107,349.07104,613.03102,848.17104,437.68
Common Stock, Value, Issued 60.2060.2062.7863.2964.7165.9666.5379.9879.9179.8879.87
Retained Earnings (Accumulated Deficit) 5,003.555,223.835,745.256,098.086,887.077,481.088,107.538,801.319,685.4810,763.6411,842.37
Accumulated Other Comprehensive Income (Loss), Net of Tax -114.82-580.76-197.20-228.77-277.85-227.7740.31-217.50-101.02-270.08-517.94-288.01

M&T BANK CORP Cash Flow

Name [in Millions USD]2006200720082009201020112012201320142015201620172018Trends
Net income 654.26555.89379.89736.16859.481,029.501,138.481,066.251,079.671,315.111,408.311,918.08
Depreciation and amortization 91.4796.5099.02107.00109.59104.86
Amortization of Intangible Assets 66.4966.6564.2658.1061.6260.6346.9133.8226.4242.6131.3724.52
Deferred Income Tax Expense (Benefit) -44.67-17.0282.5051.0733.92131.86139.7992.85396.60174.01400.7915.86
Net Cash Provided by (Used in) Operating Activities 1,334.761,628.421,189.391,675.651,772.25499.98932.321,183.412,781.942,089.85
Payments to Acquire Productive Assets 709213073821087998
Payments to Acquire Businesses, Net of Cash Acquired -202.99-213.20-178.941,932.60
Net Cash Provided by (Used in) Investing Activities -4,782.67-2,263.762,501.70475.41368.93-4,060.86-2,203.58-720.773,394.93-1,410.05
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -4,060.86-2,203.58-11,710.377,714.28-720.773,394.93
Proceeds from Issuance of Long-term Debt 3,550.233,850.0101.39799.764,345.481,5002,145.951,773.19
Payments for Repurchase of Common Stock 508.4000641.331,205.912,194.40
Payments of Ordinary Dividends, Common Stock 281.90308.50325.71335.30350.13357.72365.35371.20375.02441.89457.40510.38
Net Cash Provided by (Used in) Financing Activities 3,590.49435.95-4,012.89-2,463.64-1,622.544,095.10957.57-510.13-6,076.52-495.25
Cash and Cash Equivalents, Period Increase (Decrease) 142.58-199.40-321.81-312.59518.64534.22-313.68-299.58-5.32-47.49100.34