M&T Bank (MTB) revenue breakdown
By segment, Institutional Services and Wealth Management is the largest at 52% of fiscal 2025 revenue, growing -2% a year over 4 years.
By product, Trust income is the largest at 44% of fiscal 2025 revenue; Brokerage services income grew fastest, 14% a year over 3 years.
Revenue by segment
Fiscal years, as M&T Bank reports them in its 10-K filings; fiscal 2025 total $1.7B.
| Segments | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Institutional Services and Wealth Management | — | — | — | $922M | $862M | $783M | $798M | $854M | 52% |
| Retail Bank | $1.7B | $1.7B | $1.5B | $2.8B | $431M | $444M | $471M | $501M | 30% |
| Commercial Bank | $1.1B | $1.1B | $1.1B | $2.1B | $232M | $257M | $272M | $302M | 18% |
| Commercial Real Estate | $849M | $907M | $925M | — | — | — | — | — | — |
| Residential Mortgage Banking | $319M | $413M | $568M | — | — | — | — | — | — |
| Business Banking | $546M | $565M | $566M | — | — | — | — | — | — |
| Discretionary Portfolio | $218M | $237M | $485M | — | — | — | — | — | — |
Revenue by product
Fiscal years, as M&T Bank reports them in its 10-K filings; fiscal 2025 total $1.7B.
| Products | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|
| Trust income | $741M | $680M | $675M | $724M | 44% |
| Service charges on deposit accounts | $447M | $475M | $514M | $551M | 33% |
| Merchant discount and credit card interchange fees | $159M | $161M | $162M | $173M | 10% |
| Brokerage services income | $88M | $102M | $121M | $131M | 8% |
| Other | $90M | $66M | $69M | $78M | 5% |
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Where does M&T Bank make its money?
In fiscal 2025, by segment: Institutional Services and Wealth Management $854M, Retail Bank $501M, Commercial Bank $302M.
From M&T Bank's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.