MTB

M&T Bank

Halal Rating :
Uncomfortable
Last Price $189.40 Last updated:
Market Cap $36.5b
7D Change -4.96%
1 Year Change 39.05%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • State Commercial Banks – Fed Reserve System
Exchange NYSE
Next Earnings Date Oct. 17, 2024

M&T Bank Corporation provides deposit, lending, cash management, and other financial services to small businesses and professionals. Its Commercial Banking segment provides deposit products, commercial lending and leasing, letters of credit, and cash management services for middle-market and large commercial customers. Retail Banking segment offers demand, savings, and time accounts; consumer installment loans, automobile and recreational finance loans, home equity loans, and credit cards.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $2.33b $1.06b $1.73b $1.06b 74.01% 100.00%
June 30, 2024 $2.3b $1.07b $1.72b $1.07b 74.63% 100.00%
March 31, 2024 $2.26b $1.06b $1.68b $1.06b 74.34% 100.00%

Company Impact

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