← M&T BANK CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $1.3b
$1.4b +7.09%
$1.9b +36.20%
$1.9b +0.58%
$1.4b -29.86%
$1.9b +37.36%
$2.0b +7.15%
$2.7b +37.62%
$2.6b -5.58%
$2.9b +10.16%
—
Net Income (Loss) Available to Common Stockholders, Basic $1.2b
$1.3b +8.50%
$1.8b +38.31%
$1.8b +0.73%
$1.3b -30.84%
$1.8b +38.93%
$1.9b +6.44%
$2.6b +39.36%
$2.4b -7.09%
$2.7b +10.21%
—
Depreciation, Depletion and Amortization $158.0m $165.8m $154.5m $180.9m $305.4m $314.0m $378.5m $435.0m $316.0m $323.0m $434.0m
Amortization of Intangible Assets $42.6m $31.4m $24.5m $19.5m $14.9m $10.2m $55.6m $62.0m $53.0m $42.0m —
Amortization Cash Flow — — — — — — $153.0m $193.0m $192.0m $175.0m —
Amortization Of Intangibles — — — — — — $153.0m $193.0m $192.0m $175.0m $119.0m
Depreciation Amortization Depletion — — — — — — $435.0m $497.0m $508.0m $498.0m $434.0m
Deferred Income Tax Expense (Benefit) $174.0m $400.8m $15.9m $57.5m ($31.3m) $87.2m ($30.0m) ($97.0m) ($27.0m) ($18.0m) $34.0m
Deferred Tax — — — — — — ($30.0m) ($97.0m) ($27.0m) ($18.0m) $34.0m
Share-based Payment Arrangement, Expense $65.0m $61.0m $66.0m $76.0m $80.0m $85.0m $111.0m $118.0m $116.0m $136.0m —
Goodwill, Impairment Loss — — — — — — — $0 $0 $0 $15.0m
Asset Impairment Charge — — — — — — $8.0m $4.0m $40.0m $18.0m $15.0m
Change In Working Capital — — — — — — $1.8b $364.0m ($79.0m) ($764.0m) ($157.0m)
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — — $610.0m $485.0m —
Net Cash Provided by (Used in) Operating Activities $1.2b
$2.8b +135.08%
$2.1b -24.88%
$2.4b +12.81%
$789.2m -66.53%
$2.7b +244.02%
$4.6b +68.46%
$3.9b -14.62%
$3.6b -7.55%
$3.0b -16.81%
$3.8b +26.67%
Cash flows from investing activities:
Capital Expenditure $108.0m $79.0m $98.0m $178.0m $172.0m $149.0m ($214.0m) ($256.0m) ($216.0m) ($143.0m) ($209.0m)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $2.3b $2.1b $2.0b $2.6b $1.6b $1.4b $795.2m $743.0m $6.1b $4.5b —
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — $0 — —
Payments for (Proceeds from) Other Investing Activities ($278.0m) ($19.8m) ($47.9m) $195.9m ($67.4m) $510.3m $619.0m $440.0m $538.0m ($19.0m) —
Net Other Investing Changes — — — — — — ($620.0m) ($440.0m) ($538.0m) $19.0m ($570.0m)
Net Cash Provided by (Used in) Investing Activities — — ($1.4b) $727.0m ($22.0b) ($13.6b) $16.6b ($7.9b) ($550.0m) ($6.8b) ($12.4b)
Cash flows from financing activities:
Repayments of Long-term Debt $1.1b $3.4b $1.5b $1.6b $2.7b $853.1m $907.2m $824.0m $1.0b $5.4b ($2.7b)
Debt and Equity Securities, Gain (Loss) — — ($6.3m) $18.0m ($9.4m) ($21.2m) ($5.7m) $4.0m $10.0m $2.0m —
Debt and Equity Securities, Realized Gain (Loss) — — $0 $0 $0 $0 $0 $0 — — —
Proceeds from Issuance of Long-term Debt — $2.1b $1.8b — — $9.5m $998.5m $5.0b $5.5b $3.5b $4.0b
Issuance Of Debt — — — — — — $999.0m $5.0b $5.5b $3.5b $4.0b
Long Term Debt Issuance — — — — — — $999.0m $5.0b $5.5b $3.5b $4.0b
Long Term Debt Payments — — — — — — ($907.0m) ($824.0m) ($1.0b) ($5.4b) ($2.7b)
Net Issuance Payments Of Debt — — — — — — $2.7b $6.0b $232.0m ($758.0m) $3.8b
Net Long Term Debt Issuance — — — — — — $92.0m $4.2b $4.5b ($1.8b) $1.3b
Net Short Term Debt Issuance — — — — — — $2.6b $1.8b ($4.3b) $1.1b $2.5b
Repayment Of Debt — — — — — — ($907.0m) ($824.0m) ($1.0b) ($5.4b) ($2.7b)
Payments for Repurchase of Common Stock $641.3m $1.2b $2.2b $1.3b $373.8m — $1.8b $594.0m $396.0m $2.6b —
Payments of Ordinary Dividends, Common Stock $441.9m $457.4m $510.4m $552.1m $568.1m $580.3m $784.1m $868.0m $895.0m $899.0m ($1.1b)
Common Stock Dividend Paid — — — — — — ($784.0m) ($868.0m) ($895.0m) ($899.0m) ($906.0m)
Common Stock Payments — — — — — — ($1.8b) ($594.0m) ($396.0m) ($2.6b) ($2.6b)
Issuance Of Capital Stock — — — — — — $0 $0 $733.0m $440.0m $0
Net Common Stock Issuance — — — — — — ($1.8b) ($594.0m) ($396.0m) ($2.6b) ($2.6b)
Repurchase Of Capital Stock — — — — — — ($1.8b) ($594.0m) ($746.0m) ($2.6b) ($3.0b)
Other Interest and Dividend Income $1.2m $1.0m $1.4m $7.2m $8.1m $1.1m $1.9m $4.0m $3.0m $3.0m —
Cash Dividends Paid — — — — — — ($881.0m) ($968.0m) ($1.0b) ($1.0b) ($1.1b)
Preferred Stock Dividend Paid — — — — — — ($97.0m) ($100.0m) ($138.0m) ($146.0m) ($161.0m)
Proceeds from (Payments for) Other Financing Activities $161.7m $10.7m $17.2m ($25.4m) ($11.4m) ($26.7m) ($13.2m) $18.0m $114.0m ($20.0m) —
Net Other Financing Charges — — — — — — ($14.0m) $18.0m $114.0m ($20.0m) ($2.0m)
Net Cash Provided by (Used in) Financing Activities — — ($495.2m)
($3.3b) -556.98%
$21.3b +756.11%
$10.7b -49.87%
($21.0b) -296.08%
$4.2b +119.92%
($2.9b) -168.95%
$1.8b +162.46%
$4.6b +156.33%
Beginning Cash Position — — — — — — $1.3b $26.5b $29.8b $20.8b $21.4b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $1.6b $1.4b $1.6b $1.3b $1.5b $1.7b $1.9b $18.8b $17.4b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Proceeds from Stock Options Exercised — — — — — — — — $138.0m $19.0m —
Parent Company $441.9m $457.4m $510.4m $552.1m $568.1m $580.3m $784.1m $868.0m $895.0m $899.0m —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $516.2m $735.8m $372.3m $139.2m $428.8m $2.7b $4.3b $3.5b —
Income Taxes Paid, Net $276.9m $494.2m $375.1m $320.5m $275.6m $314.3m $487.6m $452.0m $236.0m $529.0m —
Additional Financial Items
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — — — — — — — $12.0m — —
Gain (Loss) on Disposition of Business — — — — — — $136.3m — — — —
Gain (Loss) on Disposition of Assets for Financial Service Operations $63.2m $53.5m $23.5m ($31.5m) $19.4m $10.3m $153.5m $249.0m $30.0m $87.0m —
Goodwill $4.6b $4.6b $4.6b $4.6b $4.6b $4.6b $8.5b $8.5b $8.5b $8.5b $15.0m
Income Tax Expense (Benefit) $743.3m $915.6m $590.2m $618.1m $416.4m $596.4m $619.5m $878.0m $722.0m $841.0m —
Operating Lease, Lease Income — — — — — — — — $44.0m $48.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $94k $83k $82k $100k $91k $88k — — — — —
Cash Flow From Continuing Financing Activities — — — — — — ($21.0b) $4.2b ($2.9b) $1.8b $4.6b
Cash Flow From Continuing Investing Activities — — — — — — $16.6b ($4.8b) ($9.7b) ($6.8b) ($12.4b)
Change In Cash Supplemental As Reported — — — — — — $182.0m $3.3b ($9.0b) ($2.0b) —
Change In Other Working Capital — — — — — — $1.0b $556.0m $49.0m ($392.0m) ($271.0m)
Changes In Cash — — — — — — $182.0m $3.3b ($9.0b) ($2.0b) ($4.0b)
End Cash Position — — — — — — $1.5b $29.8b $20.8b $18.8b $17.4b
Financing Cash Flow — — — — — — ($21.0b)
$4.2b +119.92%
($2.9b) -168.95%
$1.8b +162.46%
$4.6b +156.33%
Free Cash Flow — — — — — — $4.4b $3.6b $3.4b $2.9b $3.6b
Investing Cash Flow — — — — — — $16.6b ($4.8b) ($9.7b) ($6.8b) ($12.4b)
Net Business Purchase And Sale — — — — — $0 $394.0m $0 $0 — $0
Net Investment Purchase And Sale — — — — — — ($7.0b) ($1.6b) ($6.9b) ($2.2b) ($3.0b)
Net Preferred Stock Issuance — — — — — — $0 $0 $383.0m $440.0m $40.0m
Operating Gains Losses — — — — — — ($153.0m) ($249.0m) ($30.0m) ($87.0m) ($65.0m)
Preferred Stock Payments — — — — — — $0 $0 ($350.0m) $0 ($400.0m)
Purchase Of Investment — — — — — — ($9.6b) ($4.5b) ($14.9b) ($9.0b) ($12.1b)
Sale Of Business — — — — — $0 $394.0m $0 $0 — $0
Sale Of Investment — — — — — — $2.6b $2.9b $8.0b $6.8b $9.1b

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.