NYSE$MTB
M&T Bank Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
M&T Bank's second quarter results were announced, reflecting the full-quarter impact of the People’s United acquisition and increased net interest margin driving revenue growth.
M&T Bank reported GAAP diluted earnings per common share of $1.08 for the second quarter of 2022, a decrease compared to $3.41 in the year-earlier quarter and $2.62 in the first quarter of 2022. The results reflect a full-quarter impact of the acquisition of People’s United, with net income of $218 million, down from $458 million in the second quarter of 2021.
- GAAP diluted earnings per common share were $1.08, compared to $3.41 in the second quarter of 2021.
- Net income was $218 million, a decrease from $458 million in the same period last year.
- The acquisition of People’s United Financial, Inc. positively impacted net operating results.
- Net interest margin increased to 3.01%, up from 2.77% in the corresponding quarter of 2021.
Headline financials
Revenue & EPS history
M&T Bank · Revenue · Quarterly
$1.98B
Revenue by segment
M&T Bank · $571M total across 6 segments · Q2 2022
- Trust Income$190M+16.6%33.3%
- Other Revenues$148M+30.9%25.8%
- Deposit Service Charges$124M+26.0%21.7%
- Mortgage Banking$82.9M-37.8%14.5%
- Brokerage Services$24.1M+135.1%4.2%
- Trading & Derivatives$2.29M-64.7%0.4%
Forward guidance
This news release and related conference call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the rules and regulations of the SEC.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.6%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+3.2%
Avg return
30 days after
58%
42 / 73 earnings
Positive
+9.7%
Q1 2022
Best reaction
-14.8%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.2% | -0.4% | -7.0% | |
| Q1 2026 | +0.6% | -0.4% | -7.0% | |
| Q3 2025 | -3.5% | -1.8% | +1.0% | |
| Q2 2025 | +0.4% | -1.5% | +2.9% | |
| Q1 2025 | +0.3% | +1.4% | +17.4% | |
| Q4 2024 | -2.0% | -1.3% | -1.0% | |
| Q3 2024 | +4.3% | +2.5% | +13.4% | |
| Q2 2024 | +0.4% | +4.6% | -0.9% | |
| Q1 2024 | +2.1% | +6.6% | +14.9% | |
| Q4 2023 | +6.4% | +8.3% | +5.6% | |
| Q3 2023 | -3.8% | -10.3% | +1.9% | |
| Q2 2023 | +2.8% | +3.7% | -5.3% | |
| Q1 2023 | +7.8% | +6.4% | +2.9% | |
| Q4 2022 | +5.4% | +6.3% | +9.7% | |
| Q3 2022 | -14.8% | -13.8% | -9.9% | |
| Q2 2022 | +2.7% | +4.7% | +14.6% | |
| Q1 2022 | +9.7% | +7.4% | +0.4% | |
| Q4 2021 | -9.0% | -6.4% | +3.7% | |
| Q3 2021 | +5.4% | +4.9% | +3.8% | |
| Q2 2021 | -4.5% | -2.1% | +0.5% | |
| Q1 2021 | -2.7% | -0.5% | +5.4% | |
| Q4 2020 | -0.4% | -4.5% | +4.3% | |
| Q3 2020 | +7.2% | +0.3% | +19.2% | |
| Q2 2020 | +1.6% | -0.6% | -0.9% | |
| Q1 2020 | -0.8% | -0.4% | -8.9% | |
| Q4 2019 | +5.9% | +5.5% | +4.1% | |
| Q3 2019 | -4.2% | -1.6% | +3.2% | |
| Q2 2019 | -4.4% | -4.6% | -13.4% | |
| Q1 2019 | +0.3% | -0.8% | -3.8% | |
| Q4 2018 | +7.2% | +7.9% | +11.6% | |
| Q3 2018 | +1.3% | -0.5% | +6.5% | |
| Q2 2018 | +2.5% | +3.6% | +4.7% | |
| Q1 2018 | -3.1% | -0.9% | +0.6% | |
| Q4 2017 | +5.3% | +5.4% | +6.9% | |
| Q3 2017 | -1.1% | +0.5% | -2.2% | |
| Q2 2017 | -3.1% | -3.1% | -7.3% | |
| Q1 2017 | +2.6% | +4.0% | +5.8% | |
| Q4 2016 | +1.5% | +3.2% | +8.6% | |
| Q3 2016 | +3.1% | +3.2% | +22.5% | |
| Q2 2016 | -5.1% | -4.5% | -0.9% | |
| Q1 2016 | +2.6% | — | — | |
| Q4 2015 | +0.2% | — | — | |
| Q3 2015 | -1.3% | — | — | |
| Q2 2015 | +2.5% | — | — | |
| Q1 2015 | -1.1% | — | — | |
| Q4 2014 | -2.4% | — | — | |
| Q3 2014 | -2.6% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +1.8% | — | — | |
| Q4 2013 | -2.5% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | +1.5% | — | — | |
| Q1 2013 | -1.8% | — | — | |
| Q4 2012 | -0.1% | — | — | |
| Q3 2012 | +7.7% | — | — | |
| Q2 2012 | +4.0% | — | — | |
| Q1 2012 | +3.4% | — | — | |
| Q4 2011 | +1.1% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | +1.3% | — | — | |
| Q4 2007 | -2.1% | — | — | |
| Q4 2010 | -2.1% | — | — | |
| Q4 2009 | -2.1% | — | — | |
| Q3 2010 | -0.3% | — | — | |
| Q2 2010 | +1.6% | — | — | |
| Q1 2009 | +5.0% | — | — | |
| Q1 2010 | -0.2% | — | — | |
| Q3 2009 | +3.1% | — | — | |
| Q3 2008 | +3.1% | — | — | |
| Q4 2008 | +2.7% | — | — | |
| Q2 2009 | +2.7% | — | — | |
| Q2 2008 | +2.7% | — | — |
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